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Oracle 1z1-498 Exam Syllabus Topics:

Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

1. Identify the statement that correctly describes how the Fusion PPM would handle a scenario in which someone attempts to import a configuration package into a instance of Fusion PPM where the implementation project name already exists.

A) A warning is generated thatthe current implementation project currently in the system will be replaced by the new configuration package.
B) There is no warning; however, the current Implementation project is replaced withthe contents on the new configuration package.
C) The upload program ends in error.
D) The upload program completes in success but does not update records.

2. Choose the correct statement related to the project start and end dates.

A) If the task dates roll up the task hierarchy automatically, then the project dates can be edited.
B) In an auto roll up of task dates, the project start date does not coincide with the earliest task.
C) If the task dates roll up the task hierarchy automatically, then the project dates cannot be edited.
D) In an auto roll up of task dates, the project start date does not coincide with the latest task finish date.

3. Select two important features of Standard Cost Collection Flex field.

A) disintegrated means to capture, store, display, query, and reportproject-related attributes in their respective applications
B) unique project costcollection requirements thatare configured centrally
C) allows customers to validate, calculate cost, and import any type of transactions that are captured internally or externally using a single process
D) unique I-reject cost collection requirements that are presented differently acrossall applications

4. 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

5. Identify three valid work areas under Project Portfolio Management.

A) Transactions Workarea
B) Projects Workarea
C) Revenue Workarea
D) Capital Workarea
E) Payment Workarea

Solutions: