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Oracle 1z1-498 Exam Syllabus Topics:

Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

1. Identify three valid values for the pre-seeded Status Indicators in Fusion Project Performance Reporting.

A) On Budget
B) High Variance
C) On Track
D) At Risk
E) Critical

2. Identify two unique characteristics of a business unit in Fusion PPM.

A) It is an Anchor for sharing the reference data across applications.
B) It is defined centrally and acts as a partition for securing transaction-related data.
C) It can exist in more than one Ledger.
D) It often represents Project line of business.

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

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

4. You have created a Financial Plan type where the planning amount option is set as cost amounts only.Based on this information identify two true scenarios.

A) All forecast versions created for the financial plan typecontainonly cost amounts.
B) All budget versions created for the financial plan type contain only cost amounts.
C) Allbudget versioncreatedfor the financial plan typecontainonly cost amounts and margin.D.All forecast versions created for the financial plan type contain only cost amounts and margin

5. Identify the statement that correctly describes how the Fusion PPM would handle a scenario in which someone attempts to import a configuration package into a instance of Fusion PPM where the implementation project name already exists.

A) The upload program ends in error.
B) The upload program completes in success but does not update records.
C) A warning is generated thatthe current implementation project currently in the system will be replaced by the new configuration package.
D) There is no warning; however, the current Implementation project is replaced withthe contents on the new configuration package.

Solutions: