Oracle 1z1-498 Exam : Oracle Fusion Project Portfolio Management 2014 Essentials

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Oracle 1z1-498 Exam Syllabus Topics:

Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

Question 1

Select the phrase that best completes the sentence below.

A. a job
B. an abstract role
C. a duty
D. a privilege

Question 2

Select the option that accurately fills in the blank below.
The correct security hierarchy in Fusion Applications, from the highest in the hierarchy to the lowest, is _____.

A. Job Role ----> Data Role - > Duty
B. Duty --> Jobs Role -> Data Role
C. Data Role -> Job Role-> Duly
D. Duty ----->Data Role --> Job Role
E. Data Role -> Duty -> Job Role

Question 3

Select the- option that accurately completes this sentence.
Eligible revenue is calculated using the formula __________

A. Potential Amount * Transfer Price Schedule Markup percentage/l00
B. Potential Revenue Amount* (Contribution percentage/l00)
C. Potential Amount * (Transfer Price Schedule Markup percentage/100) * Transferprice rule markup percentage/100)
D. Qualified Revenue Amount* (Contribution percentage/100)

Question 4

You define Assets for your project and assign them to the project or task level. What should be the value of the project asset type to generate the asset line?

A. estimated
B. as built
C. regenerate
D. built
E. generate

Question 5

Identify two statements that are true for Fusion Project Portfolio Management in relation to the Calendar and period management.

A. You can maintain the statuses of the periods independently, even in spite of using the same calendar.
B. Accounting periods are used to track budgets and forecasts, summarize project amounts for reporting, and track project status.
C. By using the option of "Maintain common accounting and project accounting periods" you increase the period maintenance activity during the month end.
D. You can use the same calendar for both your project accounting and accounting.

Solutions: