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Oracle 1z0-498 Exam Syllabus Topics:

Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

1. Identify two statements that are true for Fusion Project Portfolio Management in relation to the Calendar and period management.

A) You can use the same calendar for both your project accounting and accounting.
B) You can maintain the statuses of the periods independently, even in spite of using the same calendar.
C) Accounting periods are used to track budgets and forecasts, summarize project amounts for reporting, and track project status.
D) By using the option of "Maintain common accounting and project accounting periods" you increase the period maintenance activity during the month end.

2. Identify the two currencies that Fusion PPM automatically converts transactions to, when a Financial Plan Type is enabled for planning in multiple currencies.

A) Reporting Currency
B) Project Currency
C) Project Ledger Currency
D) Contract Currency

3. Select two true statements regarding OBIA.

A) OBIA is Fusion Applications-centric.
B) OBIA cant.ke input, from heterogenous data sources.
C) OBIAis used for strategic reporting.
D) OBIAis real time and does not depend on the ETL refresh frequency.

4. Project managers typically have the need to plan for granular labor resources, whereas only high-level planning is sufficient for financial purposes. Identify the two true statements about the Project Integration Gateway in this background.

A) You are allowed to create non-integrated resources manually in Primavera.
B) The summary information does not become a resource class resource assignment in Oracle Fusion PPM.
C) When you import the project plan, all planning for non-integrated resources is summarized by Project class.
D) When you import the project plan, all planning for non-integrated resources is summarized by WBS.

5. Select the option that accurately fills in the blank below.
The correct security hierarchy in Fusion Applications, from the highest in the hierarchy to the lowest, is _____.

A) Data Role -> Job Role-> Duly
B) Job Role ----> Data Role - > Duty
C) Duty --> Jobs Role -> Data Role
D) Data Role -> Duty -> Job Role
E) Duty ----->Data Role --> Job Role

Solutions: