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Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

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

2. Identify three true statements about Oracle BusinessIntelligence Applications.

A) Oracle BusinessIntelligence Applications provide unlimited historical analysis, including trending and cross-domain insight
B) Oracle Business Intelligence Applications ore not available for EBS,Peoplesoft,JD Edwards, andSieble.
C) Oracle Business IntelligenceApplications are built- on Oracle BusinessIntelligence EnterpriseEdition technology,
D) Oracle Businessintelligence Applications provide pre-packaged data warehouse, ETL, metrics, andinteractive dashboards.

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

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

4. You have created a Financial Plan type where the planning amount option is set as cost amounts only.Based on this information identify two true scenarios.

A) All budget versions created for the financial plan type contain only cost amounts.
B) Allbudget versioncreatedfor the financial plan typecontainonly cost amounts and margin.D.All forecast versions created for the financial plan type contain only cost amounts and margin
C) All forecast versions created for the financial plan typecontainonly cost amounts.

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

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

Solutions: