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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 two transactions that are treated as Commitment transactions in Oracle Fusion Portfolio Management.

A) projectrelated invoices that are accounted and interfaced into Oracle Fusion PPM
B) invoices transferred to Fusion Assets
C) purchase order changed to a project
D) received goods on a project that are not yet transferred or imported into Oracle Fusion PPM

3. Select the option that enables the transactions from other sub ledger modules that are imported into Project Costing and are in :Rejected" or "Pending for processing" stage to be viewed.

A) Review Commitment Transactions
B) ManageUnreleased Expenditure Batches
C) Manage Expenditure Items
D) Manage Unprocessed Transactions

4. Select the two options that would accurately fill in the blanks in the sentences below.
The rate sources in Fusion PPM are based on the Schedule Types specified on the Invoice and Revenue Methods. If the schedule type is Labor Schedule, Bill Rate, then a valid rate source would be ____________ or _______.

A) Labor burden schedule
B) Labortransfer price schedule
C) Burden schedule
D) Employee bill rate schedule
E) Job billrate schedule

5. Select the appropriate phrase to accurately complete the sentence below.
Spread Curves in Fusion Project Portfolio Management allows you_____

A) distribute quantity, cost, and revenue amounts automatically acrossweekly calendars
B) distribute quantity, cost, and revenue amounts automatically acrossproject accounting periods
C) distribute quantity, cost, and revenue amounts automatically acrossaccounting or project accounting periods
D) distribute quantity, cost, and revenue amounts automatically acrossaccounting periods

Solutions: