1Z0-498 Exam Practice Tests For Quick Preparation

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Oracle 1Z0-498 Oracle Fusion Project Portfolio Management 11g Implementation Essentials

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Question: 1 In your project, during the Project Business Unit implementaton, you have set the project accountng calendar to the accountng calendar and you also selected the opton to maintain common accountng and project accountng periods. In such a case, which applicaton area is the project period status managed in? A. Fusion General Ledger only B. US I onProject Portolio Managementonly C. Both Fusion General Ledger and Fusion Project PortolioManagement D. In either Fusion Project Portolio Management or in Fusion GL

Answer: D Explanatonn Referencen htpn::www.oracle.com:us:products:applicatons:fusion:project-portolio-management:ppmfusionproj-costng-ds-1557957.pdf

Question: 2 Identfy two reference data objects forwhich the default setassignments can be done for a business unit set determinant. A. Project Defniton B. Projectransacton Types C. Project Rates D. ProjectAccountng Defniton

Answer: B,D Question: 3 Select two correct statements pertaining to project classifcatons on a template. A. There can be a maximum of 20classifcatons that are allowed for entry using Quick Entry. B. When a project is created from a template, the project classifcatons cannot be deleted or added C. A project classifcaton is a mandatory feld on a project template D. When a project is created from a template, the project classifcatons can be deleted or added

Answer: A,B Question: 4 Select the two optons that would accurately fll in the blanks in the sentences below. The rate sources in Fusion PPM are based on the Schedule Types specifed on the Invoice and Revenue Methods. If the schedule type is Labor Schedule, Bill Rate, then a valid rate source would be ____________ or _______.

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A. Labor burden schedule B. Job billrate schedule C. Burden schedule D. Employee bill rate schedule E. Labortransfer price schedule

Answer: B,D Question: 5 Identfy the two currencies that Fusion PPM automatcally converts transactons to, when a Financial Plan Type is enabled for planning in multple currencies. A. Contract Currency B. Project Currency C. Project Ledger Currency D. Reportng Currency

Answer: C,D Explanatonn Referencen htpn::www.oracle.com:us:products:applicatons:fusion:project-portolio-management:ppmfusionproj-costng-ds-1557957.pdf

Question: 6 Your client is implementng Fusion Applicatons for his or her organizaton and intends to transform the complete costng process through the use of Fusion PPM. One of the concerns the client has is that the user community is required to pick expenditure types from a long list, which are hot specifc to their departmental expenses. Identfy there levels of fltering that will help you address this concern in Fusion PPM. A. flterexpenditure types bused on the Project Unit that owns the project B. flterexpenditure types based on the set assigned to the Organizaton Hierarchy C. flter expenditure typesbased onthe set assigned to the project unit D. flter expenditure types based on the set assigned to the expenditure types

Answer: C Question: 7 Your client has expressed a desire to produce and summarizeinvoice lines for non-labor transactons type or expenditure, based on the high level tastes of the project. Which invoice format grouping should be used to achieve this? A. Top Task,Employee B. Top Task,Expenditure Type C. Revenue Category, ExpenditureCategory, Top Task

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D. Top Task,Expenditure Category E. TopTask. Revenue Category, Expenditure Category, Expenditure Type

Answer: B Question: 8 Select the appropriate phrase to fll in the blank below. The Navigator is a hierarchical arrangement of Work Areas or Dashboards with ___. A. functon and data security B. functon security C. data security D. role security

Answer: C Question: 9 Identfy two predefned transacton sources that Fusion PPM uses to import the transactons generated within projects. A. Interproject Supplier Invoices B. ProjectsIntercompany supplier invoices C. Project Allocatons D. Capitalized Interest

Answer: A,D Question: 10 Select two important features of Standard Cost Collecton Flex feld. A. unique project costcollecton requirements thatare confgured centrally B. unique I-reject cost collecton requirements that are presented diferently acrossall applicatons C. allows customers to validate, calculate cost, and import any type of transactons that are captured internally or externally using a single process D. disintegrated means to capture, store, display, query, and reportproject-related atributes in their respectve applicatons

Answer: C,D Explanatonn Referencen htpn::docs.oracle.com:cd:E29597_01:fusionapps.1111:e33696:F625903AN393D9.htm

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