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Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

1. Select the true statement related to Descriptive Flex fields and OTBI in Fusion Applications.

A) Descriptive Flex fields cannot be "BI enabled" and only custom subject areas need to be created.
B) All Descriptive Flex fields can be "BI Enabled"
C) Only a restricted set of predefined Descriptive Flex fields can be "BI Enabled".
D) Through specific configurations, Descriptive Flex fields can be made to show the "BI Enabled"flag.

2. Your client has expressed a desire to produce and summarizeinvoice lines for non-labor transactions type or expenditure, based on the high level tastes of the project. Which invoice format grouping should be used to achieve this?

A) Top Task,Expenditure Type
B) Top Task,Employee
C) TopTask. Revenue Category, Expenditure Category, Expenditure Type
D) Top Task,Expenditure Category
E) Revenue Category, ExpenditureCategory, Top Task

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

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

4. Identify two predefined calendar types that can be utilized to create Period Profiles.

A) accounting calendar
B) weekly calendar
C) monthly calendar
D) project accounting calendar

5. When implementing Project Performance Reporting, the client has provided the following scenario:
1.Every time the project cost is greater than or equal to a threshold, then the project should be shown as critical.
2.As long as the project cost is less than the threshold, the project should be shown as on-track.
Which Threshold Level Rule is the ideal candidate for this kind of KPI definition?

A) single threshold level value
B) multiple threshold levels
C) multiple threshold level value
D) single threshold level range

Solutions: