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Oracle Project Management Cloud 2021 Implementation Essentials Sample Questions:

1. Whichtwoattributes are available while enabling a task as a business object for social networking?

A) Task Number
B) Project
C) Task
D) Project Number
E) Creation Date

2. Your customer complains that their project resources do not report their time promptly, which has resulted in incorrect reporting of project performance. What should you do to fix this problem? (Choose the best answer.)

A) Enable track missing time at project type.
B) Enable track missing time at
C) Enable track missing time atbusiness unit.
D) Enable track missing time at project template.

3. Your business user has created a purchase order (PO) that has the following attributes:
Accrue at Receipt = Yes
Matching Option = 2 way
Receipt Close Tolerance = 100%
After approval, the PO is closed for receiving without creating a receipt. An AP invoice is created by matching to the PO. The user now runs Create Accounting for Receiving Transactions and then the "Import and Process Cost transactions" ESS (Enterprise Scheduler Service) job using the Transaction Source parameter as "Oracle Payables". The user notices that there is no cost transferred to the projects. Identify two reasons for this problem. (Choose two.)

A) When you have an AP invoice that is matched against a PO with Accrue at Receipt set to Yes, cost is transferred to project by payables.
B) When you have an AP invoice that is matched againsta PO with Accrue at Receipt set to NO, cost is transferred to projects by receipt accounting.
C) When you have an AP invoice that is matched against a PO with Accrue at Receipt set to Yes, cost is transferred to projects only if there are accounted receipt lines.
D) When you have an AP invoice that is matched against a PO with Accrue at Receipt set to YES, cost is transferred to projects by Cost Management and not by Payables.

4. Whichthreeare true of what you can do in the Project Requirements work area?

A) Organizebacklogitems by requirements.
B) Create an execution project.
C) Create an implementation project.
D) Create project tasks forbacklogitems.
E) Manage your list ofbacklogitems.

5. Identify the valid approval group type applicable to Oracle Project Financial Management Cloud. (Choose the best answer.)

A) Dynamic
B) Position
C) Static
D) Job
E) Flexfield

Solutions: