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Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

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

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

2. You want to credit an invoice using the Cancel Invoice option. Which three prerequisites should be met for this to be possible?

A) Invoicehas no adjustment or crediting Invoices applied to it.
B) Invoice is released.
C) Credit memo is created.
D) Invoice has no payments.

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

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

4. Select the appropriate phrase to fill in the blanks below.
Non-exclusive relationships between multiple projects and tasks with contracts and contract lines is a capability delivered by using_________

A) Project Contract-based billing
B) Project Contract Collection Center
C) Contract Team Connect
D) Project Contract-based costing

5. Select the option that enables the transactions from other sub ledger modules that are imported into Project Costing and are in :Rejected" or "Pending for processing" stage to be viewed.

A) Manage Unprocessed Transactions
B) Manage Expenditure Items
C) ManageUnreleased Expenditure Batches
D) Review Commitment Transactions

Solutions: