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Oracle 1z1-498 Exam Syllabus Topics:

SectionObjectives
Topic 1: Configure Project Templates
Topic 2: Project Integration Gateway
Topic 3: Project Team Connect
Topic 4: Configure Fusion Project Costing
Topic 5: Configure Fusion Common Applications
Topic 6: Fusion Project Reporting
Topic 7: Common Project Configuration
Topic 8: Configure Fusion Project Foundation
Topic 9: Configure Fusion Project Billing
Topic 10: Fusion Project Portfolio Management Overview
Topic 11: Fusion Functional Setup Manager
Topic 12: Configure Project Performance Reporting
Topic 13: Configure Fusion Project Control
Topic 14: Oracle Fusion Applications Security Overview

Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

1. Identify the mandatory setup step under Project Invoicing options when you use Fusion Project Billing with Fusion receivables?

A) Specify unit of measure for invoicelines sent to Fusion receivables
B) Specify Billing cycles
C) Specify Override reasons
D) Define Project Billing DescriptiveFlex Fields


2. Your client has expressed a desire to produce and summarizeinvoice lines for non-labor transactions 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) Revenue Category, ExpenditureCategory, Top Task
C) Top Task,Expenditure Category
D) Top Task,Expenditure Type
E) TopTask. Revenue Category, Expenditure Category, Expenditure Type


3. Identify the two currencies that Fusion PPM automatically converts transactions to, when a Financial Plan Type is enabled for planning in multiple currencies.

A) Project Ledger Currency
B) Contract Currency
C) Project Currency
D) Reporting Currency


4. In your project, during the Project Business Unit implementation, you have set the project accounting calendar to the accounting calendar and you also selected the option to maintain common accounting and project accounting periods. In such a case, which application area is the project period status managed in?

A) In either Fusion Project Portfolio Management or in Fusion GL
B) Fusion General Ledger only
C) US I onProject Portfolio Managementonly
D) Both Fusion General Ledger and Fusion Project PortfolioManagement


5. Identify the two abstract roles predefined in Fusion PPM.

A) Project Accountant
B) Project Creator
C) Project Manager
D) Project Team Member
E) Project Administrator


Solutions:

Question # 1
Answer: B
Question # 2
Answer: D
Question # 3
Answer: A,D
Question # 4
Answer: A
Question # 5
Answer: C,D

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