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Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

1. 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 B
B) Option D
C) Option C
D) Option A


2. By using Project Integration Gateway, a person can use Global Data model to provide the capability to set up the integration for a business unit and a project unit combination. Based on this information, identify two true statements regarding this integration model.

A) Project unitprovides resources.
B) Business unit provide planning resource breakdown structure.
C) Projectunitprovides financial periodsand currency
D) Business unit providesFinancial periods and currency


3. Most Project Management solutions are plagued with the configurations that have financial and project management reference data intertwined. By introducing which two concepts has Fusion PPM.

A) Organization Classification
B) SetID
C) Business Unit
D) PPM specific organization hierarchy
E) Project Unit


4. Project managers typically have the need to plan for granular labor resources, whereas only high-level planning is sufficient for financial purposes. Identify the two true statements about the Project Integration Gateway in this background.

A) The summary information does not become a resource class resource assignment in Oracle Fusion PPM.
B) You are allowed to create non-integrated resources manually in Primavera.
C) When you import the project plan, all planning for non-integrated resources is summarized by WBS.
D) When you import the project plan, all planning for non-integrated resources is summarized by Project class.


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


Solutions:

Question # 1
Answer: C
Question # 2
Answer: B,D
Question # 3
Answer: A,C
Question # 4
Answer: A,C
Question # 5
Answer: D

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