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Oracle Project Management Cloud 2021 Implementation Essentials Sample Questions:

1. Your customer wants a team member who is assigned to a project to beable to create and submit a forecast, butnot to be able to approve the forecast. What is the default project rolethat you should assign to the person in the project to meet this requirement? (Choose the best answer.)

A) Project Application Administrator
B) Project Administrator
C) Project Accountant
D) Project Manager

2. Your customer accounts revenue based on, product class category. Because all your customer's projects are funded by private and government institutions, theydecide to classify all projects based on their funding source to accurately report on revenue in General Ledger. Accordingly, you create a new class category "Funding Source" and assign it to all projects. However, you notice that the accounting is still happening based on product class category. Identify the reason for this problem. (Choose the best answer.)

A) Funding source class category is not enabled for "available as accountingsource".
B) Funding source class category is assigned to all project types.
C) Product class category is not enabled for "available as accounting source".
D) Funding source class category is enabled for "available as accounting source".

3. Identify three correct statements about project types. (Choose three.)

A) Classifications can be assigned
B) Summarization options can be specified at project type.
C) Project type can be usedas a source
D) Project type can beenabled for both billing and capitaliz
E) Project type can be associated with multiple project units.

4. Your customerhas different accounting and project accounting periods, and sometimes enters invoices with an invoice date in the open project accounting and closed accounting periods. Which two statements are true about how project accounting and accounting dates willbe populated in such invoices? (Choose two.)

A) Accounting date is the first day of the first open accounting period.
B) Accounting date is the same as the original invoice date.
C) Project accounting date is the first day of the first open project accountingperiod.
D) Project accounting date is the last day of the open project accounting period.
E) Project accounting date is the same as the original invoice date.

5. Yourcustomer wants to see how quantity, cost, and revenue amounts are automatically distributed by using Spread Curve. Identify two period options that are available for this purpose. (Choose two.)

A) Project Accounting Periods
B) Accounting Periods
C) PA Calendar
D) Calendar Types
E) PA-GL Periods

Solutions: