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Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

1. Your company has set up the burdening functionality to capture the overhead costs incurred on all projects. It has been decided that these overhead costs will be stored as a separate expenditure item performed to set up the required expense account?

A) Set up the account at the expenditure type defined for the burden transaction.
B) Set up the account at the expenditure category defined for the burden transaction.
C) Set up the burden cost clearing account SLA.
D) Set up the burden cost account SLA,
E) Set up the total burdened cost credit SLA.

2. In your project, during the Project Business Unit implementation, you have set the project accounting calendar to the accounting calendar and you also selected the option to maintain common accounting and project accounting periods. In such a case, which application area is the project period status managed in?

A) Both Fusion General Ledger and Fusion Project PortfolioManagement
B) Fusion General Ledger only
C) In either Fusion Project Portfolio Management or in Fusion GL
D) US I onProject Portfolio Managementonly

3. In one of your implementations, you are required to synchronize the Fusion Project Information with Microsoft Project. During synchronization, you realize that the default settings are configured so that the project attributes are transferred. Identify four attributes that are imported into Microsoft Project.

A) scheduling and progress
B) task structure
C) task attributes
D) resources
E) actual quantities and costs

4. As you implement the Project Integration Gateway, you are required to set up the integration options for exporting actual amounts. What are the two valid options for export?

A) Actual Quantities end Raw Cost
B) Actual Raw cost
C) Actual Quantitiesand Burdened Costs
D) Actual Burdened Cost

5. Capitalization Options on a project type allows you to use cost allocation methods to automatically distribute which two types of costs across multiple assets?

A) costs attributable to a specific asset
B) non-capitalizablecosts
C) indirect costs
D) common costs

Solutions: