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| Section | Objectives |
|---|---|
| Topic 1: Project Management Cloud Fundamentals | - Overview of Oracle Project Management Cloud
|
| Topic 2: Project Financial Management | - Billing and revenue recognition
|
| Topic 3: Project Execution and Control | - Project planning and scheduling
|
| Topic 4: Implementation and Configuration | - Setup and configuration of project management structures
|
| Topic 5: Integration and Extensions | - Integration with Oracle Cloud ERP
|
1. Your customer has a requirement to import and process third-party transactions that are "costed" and
"accounted".
Which configuration option needs to be set satisfy the requirement? (Choose the best answer.)
A) Import Options
B) Transaction Source Options
C) Document Options
D) Document Entry Options
2. Your customer wants to calculate Estimate to Complete (ETC) as the difference between Current Planned Cost and Actual Cost. In Progress Settings, which option would you use in conjunction with the ETC method to meet this requirement? (Choose the best answer.)
A) Manual Entry
B) Cost
C) Effort
D) Remaining Plan
3. Your business user has created a purchase order (PO) that has the following attributes:
Accrue at Receipt = Yes
Matching Option = 2 way
Receipt Close Tolerance = 100%
After approval, the PO is closed for receiving without creating a receipt. An AP invoice is created by matching to the PO. The user now runs Create Accounting for Receiving Transactions and then the "Import and Process Cost transactions" ESS (Enterprise Scheduler Service) job using the Transaction Source parameter as "Oracle Payables". The user notices that there is no cost transferred to the projects. Identify two reasons for this problem. (Choose two.)
A) When you have an AP invoice that is matched against a PO with Accrue at Receipt set to NO, cost is transferred to projects by receipt accounting.
B) When you have an AP invoice that is matched against a PO with Accrue at Receipt set to Yes, cost is transferred to projects only if there are accounted receipt lines.
C) When you have an AP invoice that is matched against a PO with Accrue at Receipt set to YES, cost is transferred to projects by Cost Management and not by Payables.
D) When you have an AP invoice that is matched against a PO with Accrue at Receipt set to Yes, cost is transferred to project by payables.
4. Your customer complains that their project resources do not report their time promptly, which has resulted in incorrect reporting of project performance. What should you do to fix this problem? (Choose the best answer.)
A) Enable track missing time at business unit.
B) Enable track missing time at project template.
C) Enable track missing time at project type.
D) Enable track missing time at project unit.
5. When scheduling the Update Project Performance Data process to run on a periodic basis, which summarization method would you select? (Choose the best answer.)
A) Bulk
B) Detail
C) Incremental
D) Summary
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: B | Question # 3 Answer: B,C | Question # 4 Answer: D | Question # 5 Answer: C |
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