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Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

1. You want to credit an invoice using the Cancel Invoice option. Which three prerequisites should be met for this to be possible?

A) Invoicehas no adjustment or crediting Invoices applied to it.
B) Invoice has no payments.
C) Credit memo is created.
D) Invoice is released.

2. Identify four allocation methods available as a seeded method under Oracle Fusion Project Costing.

A) use client extension basis
B) percentage and spread evenly
C) prorate
D) variable
E) manual
F) spread evenly

3. Choose the correct statement related to the project start and end dates.

A) If the task dates roll up the task hierarchy automatically, then the project dates can be edited.
B) In an auto roll up of task dates, the project start date does not coincide with the earliest task.
C) In an auto roll up of task dates, the project start date does not coincide with the latest task finish date.
D) If the task dates roll up the task hierarchy automatically, then the project dates cannot be edited.

4. Through which two aspects does Fusion PPM provide improved capability of Role Based Security?

A) single point of administration forboth applications and technology
B) transparentand consistent data security
C) non-centralized access and function-based entitlement management
D) monitor key projects transaction processing and exception rates
E) enforcement across entire technologystack

5. Select two correct statements pertaining to project classifications on a template.

A) A project classification is a mandatory field on a project template
B) When a project is created from a template, the project classifications cannot be deleted or added
C) There can be a maximum of 20classifications that are allowed for entry using Quick Entry.
D) When a project is created from a template, the project classifications can be deleted or added

Solutions: