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Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

1. From an OTBI reporting standpoint, the concepts of Facts, Dimensions, and Criteria are used. If you are running a report that provides "Revenue created by contract by day for the past month", which part of this report name represents the "Fact"?

A) revenue created
B) for the past month
C) by day
D) by contract

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

3. Project Analytics in Fusion Applications provides the project commitment summary. Select three additional commitment sources provided by Project Analytics.

A) Purchase Orders
B) Requisitions
C) PO Receipts
D) Unaccounted Supplier Invoices
E) Timecards

4. Identify two key business value propositions of Fusion Project Portfolio Management.

A) reducedcommunicationand collaboration by creating a community forthe project team
B) elimination ofexception-based management
C) improveddecision-making by answering keybusiness questions while users enter transactions
D) enhanced user productivity and reduced supportcosts

5. CORRECT TEXT
Select the correct option to fill in the blank below.
If revenue is recognized before billing, the accounting entry that gets triggered would be _________.

A) Option A
B) Option D
C) Option B
D) Option C

Solutions: