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Oracle Project Management Cloud 2021 Implementation Essentials Sample Questions:

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

2. Which two statements are true about the cross-charge method, Borrowed and Lent?

A) This method creates accounting entries that move an amount equal to the transfer price between theprovider and receiver organizations within a legal entity.
B) Costs or revenue are shared based on transfer price rules with this method.
C) You must set up the contract business unit to use this method.
D) This method creates a formal internal invoice.

3. You want to export your project plan to Oracle Project Financial Management Cloud after initial scheduling is complete in MicrosoftProjects. Identify three conditions that must be met forexporting milestone tasks.( Choose three.)

A) only one labor resource assignment with 100 effort
B) lowest-level tasks set up with zero duration
C) only one labor resource assignment with 0 effort
D) lowest-level tasks set up with non-zero duration
E) percent work complete values of 0 or 100 percent

4. Which two privileges are assigned to the Project Plan Management duty in Security Reference Implementation? (Choose two.)

A) Allocate Project Expense
B) View Project Progress
C) Transfer Project
D) ManageProject Plan Resource Assignment

5. Your organization has been using project class categories and codes for reporting purposes and is set up at the project level. You recently defined a new project type, Capital-Contract, and created new class categories named Build, Operate, and Transfer (BOT) and Build, Transfer, and Maintain (BTM), with class codes of Yes/No. But on creation of a project, you are unable to associate these classcategories and codes.
Identify two setups that are mandatory for these class categories and codes to be displayed. (Choose two.)

A) Class codes should be assigned to project unit.
B) Class categoriesshould beassignedtoproject type.
C) Class codesshould beassociated
D) Class categories should be assigned to business unit.

Solutions: