1z0-1008.prepaway.premium.exam.

76q

Number : 1z0-1008
Passing Score: 800
Time Limit : 120 min
File Version: 1.0

1z0-1008

Oracle Project Portfolio Management Cloud 2018 Implementation Essentials

Version 1.0
Exam A

QUESTION 1
Your customer has implemented Oracle Project Portfolio Management Cloud recently and they have hired
new employees for their Professions Services business. These employees are set up in Oracle Human
Capital Management Cloud, but the Project Administrators are unable to add them as resources in the
Planning Resource Breakdown Structure.
What are three conditions for new employees to show up in the list?

A. All new employees created as persons must have an active project role.
B. All new employees created as persons must have an active supervisor.
C. All new employees created as persons must have an active
assignment.
D. All new employees created as persons must be assigned to a department.
E. Current date is before the effective date of the resource, and you did not enable the “Include people
with future-dated effective start dates” option during the search.

Correct Answer: ACE

Section: (none)
Explanation

Explanation/Reference:

QUESTION 2
Your organization has been awarded a new contract based on which you are allowed to
sell: Items not tracked in inventory
Inventory items
Services

Which contract structure would fulfill your requirement of item sales?

A. Create two contract lines with a line type each of “free-form, project-based buy agreement” and
“bundle sell, project-based”.
B. Create two contract lines with a line type each of “sell intent, item, project-based” and “subscription,
project- based, sell”.
C. Create two contract lines with a line type each of “product, project-based, sell agreement, standalone” and
“sell intent, item, project-based”.
D. Create two contract lines with a line type each of “sell intent, free-form, project-based” and “sell intent,
item, project-based”.

Correct Answer: D
Section: (none)
Explanation

Explanation/Reference:
Reference: http://www.oracle.com/technetwork/fusion-apps/suppliercontracts-1578366.pdf (p.174)

QUESTION 3
You configure one OTBI using Project Cross Subject Area Analysis Real Time. You notice that all
measures (Budget, Forecast, Cost, Commitments, Revenue, and Invoice) are not available for Bill-To-
Customer and Contract and Contract Line dimensions. Identify the reason for this behavior.

A. The Bill-To-Customer dimension applies to Invoice measures, and the Contract and Contract
Line dimensions apply to Revenue and Invoice measures.
B. The Bill-To-Customer dimension does not apply to Invoice measures, but the Contract and Contract
Line dimensions apply only to Revenue and Invoice measures.
C. The Bill-To-Customer dimension applies only to Invoice measures, but the Contract and Contract
Line dimensions do not apply to Revenue and Invoice measures.
D. The Contract and Contract Line dimensions apply only to Invoice measures.
E. The Bill-To-Customer dimension applies only to Revenue and Invoice measures.

Correct Answer: E
Section: (none)
Explanation

Explanation/Reference:

QUESTION 4
You recently made some changes to a project contract and the current status of the contract is Under
Amendment. Identify the correct sequence of activities that can take place on that contract.

A. On Hold > Pending Approval > Active

B. On Hold > Pending Acceptance > Active
C. Pending Approval > Pending Acceptance > Active
D. Pending Acceptance > Pending Approval > Active

Correct Answer: C
Section: (none)
Explanation

Explanation/Reference:
Reference: https://docs.oracle.com/cloud/latest/common/FASCC/FASCC1124283.htm

QUESTION 5
You create a contract with two contract lines: Line 1 and Line 2. You create separate bill plans: A for contract
Line 1 and B for contract Line 2, with a different bill set number (11 for Bill Plan A and 22 for Bill Plan B).
Then Bill Plan A is allocated against Project X – Task 10, and Bill Plan B is allocated against Project Y – Task
30.

Based on the preceding setup, you are generating invoices. Identify two correct statements about
invoice generation in this scenario.

A. Invoice generation does not depend on bill plan. The invoices are created based on the contract
line. B. Both the contract lines create only a single invoice because they are using the same contract.
C. Two invoices are created using the same contract.
D. Bill set number drives the grouping of transactions.

Correct Answer: AC
Section: (none)
Explanation

Explanation/Reference:

QUESTION 6
Your customer wants to calculate Estimate to Complete (ETC) as the difference between Current Planned
Cost and Actual Cost. In Progress Settings, which option would you use in conjunction with the ETC method
to meet this requirement?

A. Remaining Plan
B. Effort
C. Manual Entry
D. Cost

Correct Answer: D
Section: (none)
Explanation

Explanation/Reference:
Reference: https://ppm-help.saas.hpe.com/en/9.42/Help/Content/UG/PjMUG/view_pj_cost_data_costtab.htm

QUESTION 7
Your customer wants a project start date to cascade to the project tasks, bust does not want the finish date
to be cascade. Identify the default setup in a project template that can be used to enable this.

A. Do not cascade date changes.

B. Cascade change to the start date and the finish date.
C. Cascade change to the finish date.
D. Cascade change to the start date.

Correct Answer: A
Section: (none)
Explanation

Explanation/Reference:
Reference: http://docs.oracle.com/cd/E25054_01/fusionapps.1111/e20384/F552279AN65801.htm

QUESTION 8
Your client has implemented Oracle Cloud Applications with their United States business unit and United
Kingdom business unit. After six months, they acquired another company in China and added a China
business unit. A project accountant in your organization is authorized to access transactions for the US, UK,
and China business units. The project accountant can see the transactions for the US and UK business
units but not for the China business unit.
Why is the project accountant unable to see the transactions for the China business unit?

A. Data Access for the China business unit has not been assigned to the user against the relevant job
role. B. The China business unit is associated with a different legal entity than the US and UK business
units.
C. The job role relevant to the China business unit is not assigned to the project accountant.
D. The US and UK business units are linked to different ledges than the China business
unit.

Correct Answer: B
Section: (none)
Explanation

Explanation/Reference:

QUESTION 9
As you go through the first-quarter close for your customer, you notice that the burden amounts calculated do
not seem to be right. Based on the calculations, you notice that the amounts calculated are not considering
the burden schedule override at a task level, which was done during the second month of the quarter.
Identify the reason for this problem.

A. You can enable automatic reprocessing of expenditure items processed before the burden
schedule change.
B. Only new expenditure items charged to the task use the new burden schedule; expenditure
items processed earlier cannot be reprocessed.
C. All expenditure items charged to the task use the new burden schedule.
D. Only new expenditure items charged to the task use the new burden schedule; expenditure
items processed earlier can be manually marked for reprocessing.

Correct Answer: D
Section: (none)
Explanation

Explanation/Reference:
Reference:
https://docs.oracle.com/cloud/r13_update17b/projectcs_gs/OAPJC/
OAPJC1071490.htm#OAPJC1071482

QUESTION 10
You are implementing Project Portfolio Management for a global professional services organization. In their
Consulting Services line of business, it is common to use resources from different business units based on
the skills required. Therefore, cross-charge transactions happen between business units within the same
legal entity. Transfer price calculations need to be based on raw costs, with no further adjustments to transfer
price. Identify two setups that can drive this borrowed and lent agreement.

A. Transfer price basis must be Raw Cost and calculation method must be Rate
Schedule. B. Transfer price basis must be Raw Cost and calculation method must be
Basis Only.
C. A document entry such as straight time must be enabled for cross-charge transactions.
D. Transfer price basis must be Burdened Cost, and calculation method must be Burden Rate Schedule.

Correct Answer: CD
Section: (none)
Explanation

Explanation/Reference:

QUESTION 11
Your customer has separate organizations to maintain indirect, capital, and billing types of projects. Identify
the two setups that can be used to fulfill this requirement.

A. Business Unit
B. Organization Tree
C. Project Type
D. Project Organization Classification
E. Project Accounting Business Function

Correct Answer: BD
Section: (none)
Explanation

Explanation/Reference:
Reference: https://docs.oracle.com/cloud/latest/projectcs_gs/FAPFM/FAPFM1225328.htm

QUESTION 12
You cannot generate invoices for a project expenditure item. After running the Generate Invoices program for
a billable expenditure item and active contract, the process completes successfully but without any billing, and
does not provide any error logs.
The program’s processing summary is as follows:
Billing Event Errors 0
Ineligible Contracts 0
Successful Billing Events Created 0
Ineligible Contract Lines 0
Billing Transaction Exception Warnings 0
Ineligible Associated Projects 0
Draft Invoice Exception Errors 0
Ineligible Events 0
Draft Invoice Exception Warnings 0
Successful Draft Invoices 0

What was the invoice method classification set to that caused this

behavior? A. Amount Based

B. Percent Complete
C. Rate Based
D. As Incurred

Correct Answer: A
Section: (none)
Explanation

Explanation/Reference:
Reference: https://docs.oracle.com/cd/E51367_01/projectop_gs/OAPJB/F1087458AN139C2.htm

QUESTION 13
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.

A. 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.
B. When you have an AP invoice that is matched against a 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 project by Payables.

Correct Answer: BC
Section: (none)
Explanation

Explanation/Reference:

QUESTION 14
Your customer wants to automatically allocate unassigned asset lines and common costs across multiple
assets based on the construction-in-process cost of each asset. Identify the asset allocation method that
you must use as the default method while configuring project types to meet this requirement.

A. Estimated Cost
B. Standard Unit Cost
C. Current Cost
D. Spread Evenly
E. Actual Unit

Correct Answer: C
Section: (none)
Explanation

Explanation/Reference:
Reference: https://docs.oracle.com/cloud/farel9/projectcs_gs/OAPJC/F1071495AN175A1.htm

QUESTION 15
Which three Cost Collection Flexfield core attributes can be derived during import if not explicitly entered in
a transaction document?

A. Work Type
B. Capitalizable Flag
C. Billable Flag
D. Expenditure Type

Correct Answer: ABC

Section: (none)
Explanation

Explanation/Reference:

QUESTION 16
Your customer has the following setups on the project plan type that they are using for their
projects: Use Task Planned Dates as Task Assignment Dates = Yes
Automatically Roll Up Task Planned Dates = Yes
Synchronize Task Transaction Dates with Planned Dates = No

With these setups in place, you perform the following actions:

1. Create a new subtask (Sub Task 1) with a start date of 15-Jun-2016 on the project that has as start date of
01-Jul-2016.
2. Create another new subtask (Sub Task 2) after the previous action is saved.

What would the correct behavior of the application be after these actions?

A. After the creation and saving of Sub Task 1, Task Start Date would be changed to 01-Jul-2016 and Sub
Task 2 would be created with 01-Jul-2016.
B. After the creation of Sub Task 1, Project Start Date would remain unchanged as 01-Jul-2016 and Sub Task
2 would be created with 15-Jun-2016.
C. Project Start Date would remain unchanged as 01-Jul-2016 for both actions but the start dates on
both subtasks would remain 15-Jun-2016.
D. After the creation of Sub Task 1, Project Start Date would be changed to 15-Jun-2016 and Sub Task
2 would be created with 15-Jun-2016.

Correct Answer: A
Section: (none)
Explanation

Explanation/Reference:

QUESTION 17
Which four standard objects can you configure to include business specific attributes by using Application
Composer for Project Execution Management?

A. Backlog Items
B. Project Issues
C. Project Change Orders
D. Project Deliverables
E. Project Resource Request
F. Project Milestones

Correct Answer: ABDE

Section: (none)
Explanation

Explanation/Reference:
Reference: https://docs.oracle.com/en/cloud/saas/project-portfolio-management/18b/oapex/define-common-
project-execution-options.html#OAPEX3079890

QUESTION 18
What are three configuration items that you need to set up by using the project Organizations functional area in
Project Financial management configurations?

A. Manage Project Organization Classifications

B. Manage Business Unit
C. Manage Project Unit Options
D. Manage Project Unit Organizations
E. Manage Project Types

Correct Answer: ABE

Section: (none)
Explanation

Explanation/Reference:
Reference: https://docs.oracle.com/cd/E60665_01/projectcs_gs/OAPFM/F1125343AN100B5.htm

QUESTION 19
Your company creates a separate project for infrastructure services, so as to track these costs separately
and then allocate them to various projects that use the services of the infrastructure team. You want to
allocate these costs by first attributing a fixed percentage of the source amount to each project and then
spread it across tasks based on the actual labor hours charged to each task.
Which allocation basis method would you use to meet this requirement?

A. prorate
B. target percentage and prorate
C. spread evenly
D. target percentage and spread evenly

Correct Answer: C
Section: (none)
Explanation

Explanation/Reference:

QUESTION 20
Your client uses Resource Breakdown Structures (RBS) and Resource Mapping to associate amounts to
resources. After making some changes to the resources at project level, forecasts are regenerated. After
reviewing the cost amounts associated with the resources, you suspect that the cost association does
not match your client’s expectations.
Identify two valid rules based on which cost association works.

A. If the sum of precedence numbers is the same for more than one branch, precedence is given to
the branch with the lowest number at the lowest level.
B. If there is only one level in RBS to which the transaction maps, the cost amounts are mapped to that
level. C. If a transaction maps to more than one level, Oracle PPM Cloud sums the precedence numbers for
all
resource types in the branch, and gives precedence to the resource element in the branch with the highest
sum.
D. If one branch contains a user-defined resource type, precedence is given to the branch that contains a user
–defined resource type.

Correct Answer: AD
Section: (none)
Explanation

Explanation/Reference:
Reference: https://docs.oracle.com/cd/E37583_01/doc.1116/e22598/F458900AN13D82.htm

QUESTION 21
Which three tools are available for accessing REST APIs?

A. Programming Language
B. Web Browser
C. cURL
D. Oracle Transactional Business Intelligence

Correct Answer: BCD

Section: (none)
Explanation

Explanation/Reference:

QUESTION 22
Using Oracle Time and Labor, your client wants to put in a validation process that allows only a xertain
number of maximum hours an employee can charge in a day, and a minimum number of hours he or she can
report in
a week.
What feature would you use to meet this requirement?

A. project time validation rules

B. time audit rules
C. time calculation rules
D. time entry rules

Correct Answer: D
Section: (none)
Explanation

Explanation/Reference:

QUESTION 23
In a Project Draft Invoice preview, quantity (hours) and unit price (bill rate) are shown as fields on the invoice.
Quantity and unit price are then used to calculate the line total, then the total price of the invoice. After the
invoice is transferred or created in Receivables, the invoice detail has a quantity of 1, and a unit price equal
to the line total. The detailed Unit Price/Quantity does not come through on the Receivables invoice.
Which statement is correct about details in the Receivables invoice?

A. The project sends the invoice header, invoice line description, and the invoice distributions to
Receivables. B. The project sends only the invoice header to Receivables, not the invoice line description
and distributions. C. The project sends the invoice line description and the invoice distributions to
Receivables. But not the
invoice header.
D. The project sends only the invoice header and invoice line description to Receivables, not the
invoice distributions.

Correct Answer: A
Section: (none)
Explanation

Explanation/Reference:

QUESTION 24
While creating a new project template, you notice that a default Asset Cost Allocation method is
being automatically associated. Identify the source setup from which the default value is being
inherited.

A. project organization
B. project type
C. project unit
D. project classification

Correct Answer: B
Section: (none)
Explanation

Explanation/Reference:
Reference: https://docs.oracle.com/cloud/farel10/projectcs_gs/OAPJC/OAPJC1071495.htm#OAPJC220111
(asset cost allocation methods: explained)

QUESTION 25
When implementing Project Performance Reporting, your customer has the following requirements:
Every time a project cost is greater than or equal to a threshold, then the project should be shown
as critical.
As long as a project cost is less than the threshold, the project should be shown as on-track.

Which threshold level rule is ideal for this kind of KPI

definition? A. single threshold level range

B. single threshold level value
C. multiple threshold levels
D. multiple threshold level value

Correct Answer: B
Section: (none)
Explanation

Explanation/Reference:
QUESTION 26
Which three changes can you make by using the page composer tool?

A. Add custom attributes to existing objects

B. Reorder Fields
C. Add validation rules for the custom attributes
D. Show or Hide a Field
E. Change a field label

Correct Answer: BDE

Section: (none)
Explanation

Explanation/Reference:
Reference: https://www.oracle.com/webfolder/technetwork/tutorials/tutorial/cloud/r13/wn/r13-2018-ppm-
wn.htm

QUESTION 27
You have defined two expenditure types but they are not available for selection when you enter an
expenditure batch. Identify the reason for this problem.

A. The two expenditure types are not assigned to the reference data set that is assigned to the project-
owning organization in which the transaction is performed.
B. The two expenditure types are not assigned to the reference data set that is assigned to the business
unit in which the transaction is performed.
C. The two expenditure types are not assigned to the reference data set that is assigned to the project unit
in which the transaction is performed.
D. The two expenditure types are not assigned to the reference data set that is assigned to the
project expenditure organization in which the transaction is performed.

Correct Answer: D
Section: (none)
Explanation

Explanation/Reference:

QUESTION 28
Which three of the project DFF attributes can you use to capture additional project information?

A. Independent
B. Number of field workers
C. Internal Project Category
D. Launch Date
E. Integer

Correct Answer: BCD

Section: (none)
Explanation

Explanation/Reference:
Reference: https://www.oracle.com/webfolder/technetwork/tutorials/tutorial/cloud/r12/wn/r12-ppm-wn.htm

QUESTION 29
A project administrator is trying to assign a team member for a project, but cannot find the person in the
team member list on the Project Definition page. What is the reason for this problem?
A. The employee is not assigned with a supervisor.
B. The employee is not assigned to the project-owning
organization. C. The employee is not assigned to a department.
D. Project roles are not assigned in the project.

Correct Answer: D
Section: (none)
Explanation

Explanation/Reference:

QUESTION 30
Which three features are part of Functional Setup Manager?

A. modifying an existing implementation project task list by selecting more functional areas when needed
B. guided task list for end-to-end setup requirements
C. feature opt-in for a best fit configuration
D. export and import services for setup data migration between environments
E. updating an implementation project task list by changing the opt-in configuration to suit the
latest requirements

Correct Answer: BCD

Section: (none)
Explanation

Explanation/Reference:
Reference: https://docs.oracle.com/en/cloud/saas/sales/r13-update18a/faiec/understanding-setup-
tasks.html#FAIEC2266759

QUESTION 31
You have projects and tasks defined with transaction controls, which does not allow certain types of charges
to the project. Your business needs to create invoices in AP with this project every period and hence would
like to make the process easier by creating a distribution set. As you create the distribution set, you notice that
these distribution set lines are not validated against the project transaction controls and you are allowed to
save it without any validation errors.
Identify the reason why the project transaction controls are not applied.

A. There is no expenditure item date information available on the distribution set line.
B. There is no expenditure organization information available on the distribution set
line. C. The account code combination is not available on the distribution set line.
D. There is no expenditure type information available on the distribution set line.

Correct Answer: D
Section: (none)
Explanation

Explanation/Reference:

QUESTION 32
Your organization has created an Enterprise Project Structure (EPS) and your executives review the
overall project labor demand by using the EPS. Identify two correct statements about the periodic project
labor demand.

A. Labor Demand FTE is calculated as Monthly Allocation hours divided by Monthly FTE hours, if a period is
 used as the basis for viewing labor demand.
B. Labor Demand FTE is calculated as Yearly Allocation hours divided by Yearly FTE hours, if a year is
used as the basis for viewing labor demand.
C. Labor Demand FTE is calculated as Quarterly Allocation hours divided by Quarterly FTE hours, if a
quarter is used as the basis for viewing labor demand.
D. Labor Demand FTE is calculated as Project Allocation hours divided by Project FTE hours, if
project duration id used as the basis for viewing labor demand.

Correct Answer: CD
Section: (none)
Explanation

Explanation/Reference:
Reference:
https://docs.oracle.com/cloud/farel10/projectcs_gs/OAPEM/OAPEM1461017.htm#OAPEM1313472

QUESTION 33
After completing setups in a source environment, your customer wants to move the setup data to a target
environment. Identify the two statements related to task list scope, which you must consider before taking
a decision based on the customer requirement.

A. A scope value is used to assign users who can perform a task within an implementation project.
B. Exported setup data can be filtered by specific scope values if the business object has scope enabled
for the setup data export.
C. Exported setup data cannot be filtered by specific scope values if the business object has scope
enabled for the setup data export.
D. A task list can be segmented by a scope value and a task can be performed for each qualifying value of
the selected object.

Correct Answer: BD
Section: (none)
Explanation

Explanation/Reference:
Reference: https://docs.oracle.com/cd/E60665_01/common/OAFSM/OAFSM1166430.htm#OAFSM1166426

QUESTION 34
Which four notification templates are predefined?

A. Forgot Username Template

B. New Account Template
C. Password Reset Template
D. Forgot Password Template
E. New Account Manager Template

Correct Answer: ACDE

Section: (none)
Explanation

Explanation/Reference:

QUESTION 35
You search for resources to fulfill a project resource request but are unable to proceed after receiving the
following error message: “The search for resources cannot be completed because the project resource
search index is not available. Contact your help desk.”
Identify the cause for this error message.
A. The index has been built.
B. The most recent update of the index finished
successfully. C. The index is not in the process.
D. The index is in the process of being updated.

Correct Answer: C
Section: (none)
Explanation

Explanation/Reference:

QUESTION 36
Which three are part of using the Rapid Implementation for Project Financial Management Applications
macro- enabled Microsoft Excel spreadsheet to enter setup data?

A. Upload setup data.

B. Generate CSV files.
C. Import Projects.
D. File Import and Export.
E. Prepare setup data.

Correct Answer: ABE

Section: (none)
Explanation

Explanation/Reference:
References:
https://docs.oracle.com/applications/farel12/projectop_gs/OAPFM/
OAPFM2264569.htm#OAPFM2159921

QUESTION 37
You want to export your project plan to Oracle Project Financial Management Cloud after initial scheduling
is complete in Microsoft Projects. Identify three conditions that must be met for exporting milestone tasks.

A. only one labor resource assignment with 0 effort

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

Correct Answer: ABD

Section: (none)
Explanation

Explanation/Reference:
Reference: https://docs.oracle.com/cloud/latest/projectcs_gs/OAPEX/OAPEX1082602.htm#OAPEX2161139

QUESTION 38
Your company uses an accounting calendar with periods that are identical to calendar months. A contract
resource has been identified to work for six months on an accounting close cycle project. The resource is
planned to start with 10 days left in the first period and to end 20 days into the last period. For the
remaining periods, the resource must be loaded on all working days of the month. You are required to
distribute the budget, forecast, and planning amounts across periods based on the task duration.
Which predefined spread curve must be used to meet this requirement?
A. Even
B. Daily Spread Basis
C. Bell Curve
D. Bell Loaded
E. S-Curve

Correct Answer: E
Section: (none)
Explanation

Explanation/Reference:

QUESTION 39
While opening an organization tree on the Manage Organization Trees page, you notice that the
hierarchy status is displayed as Inactive.
Identify the two reasons for the organization tree to be in Inactive status.

A. You used Create Tree Version in the action menu.

B. You opened the hierarchy by clicking the name.
C. You used Create Tree in the action menu.
D. You selected the Edit icon for opening the
hierarchy. E. You used View Tree Version in the action
menu.

Correct Answer: AD
Section: (none)
Explanation

Explanation/Reference:

QUESTION 40
Which three are true of what you can do in the Project Requirements work area?

A. Create project tasks for backlog items.

B. Organize backlog items by requirements.
C. Create an execution project.
D. Create an implementation project.
E. Manage your list of backlog items.

Correct Answer: BDE

Section: (none)
Explanation

Explanation/Reference:

QUESTION 41
Which three are valid password complexity criteria while setting up password policies?

A. Very Complex: At least 8 characters, 1 uppercase, 1 number, and 2 special

characters B. Very Complex: At least 6 characters, 1 uppercase, 1 number, and 1
special character C. Very Complex: At least 8 characters, 1 uppercase, 1 number, and 1
special character D. Simple: At least 8 characters and 1 number
E. Complex: At least 8 characters, 1 uppercase, and 1 number

Correct Answer: CDE

Section: (none)
Explanation

Explanation/Reference:

QUESTION 42
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 class categories and
codes.
Identify two setups that are mandatory for these class categories and codes to be displayed.

A. Class codes should be assigned to project unit.

B. Class categories should be assigned to business unit.
C. Class codes should be associated with a related set
code. D. Class categories should be assigned to project
type.

Correct Answer: AD
Section: (none)
Explanation

Explanation/Reference:

QUESTION 43
Your customer wants additional project information for detailed account balance maintenance,
reconciliation, and reporting. Identify the configuration in subledger accounting that can be set up to fulfill
this requirement.

A. Supporting References
B. Accounting Method
C. Accounting Rule
D. Mapping Sets
E. Journal Rules

Correct Answer: A
Section: (none)
Explanation

Explanation/Reference:
Reference: https://docs.oracle.com/cloud/latest/projectcs_gs/OAPFM/OAPFM1125357.htm#OAPFM1125357

QUESTION 44
Which product offering enables non-exclusive relationships between multiple projects and tasks with
contracts and contract line?

A. Contract Team Connect

B. Project Contract-based costing
C. Project Contract-based billing
D. Project Contract Collection Center

Correct Answer: C
Section: (none)
Explanation

Explanation/Reference:
Reference: http://www.oracle.com/us/products/applications/fusion/fusion-proj-port-mang-solut-brief-173079.pdf
(p.2)

QUESTION 45
Identify the precedence order in which cost rates are determined for a planning resource when deriving
raw costs for rate-based planning resources.

A. Override rate > Job rate schedule > Resource class rate schedule > Person rate
schedule B. Job rate schedule > Resource class rate schedule > Override rate > Person
rate schedule C. Resource class rate schedule > Override rate > Job rate schedule >
Person rate schedule D. Override rate > Person rate schedule > Job rate schedule >
Resource class rate schedule E. Person rate schedule > Job rate schedule > Resource
class rate schedule > Override rate

Correct Answer: D
Section: (none)
Explanation

Explanation/Reference:
Reference:
https://fusionhelp.oracle.com/helpPortal/topic/TopicId_P_8718794B26A7BB93E040D30A688149A3

QUESTION 46
Which five steps are required for the File-Based Data Import Integration option?

A. Run Process to transfer data to interface tables.

B. Upload the file to the server.
C. Populate the spreadsheet with data and generate a CSV
file. D. Download an Excel template.
E. Import data into various applications.
F. Install an Excel add-in.

Correct Answer: ACDEF

Section: (none)
Explanation

Explanation/Reference:

QUESTION 47
Which two statements are true for a project with “Draft” Status?

A. Team members cannot see the tasks from draft projects on the Team Member Dashboard or in the My
Work work area.
B. Project managers can view draft projects on the Project Manager Dashboard and use the projects
for requirements planning.
C. Project managers can neither view draft projects on the Project Manager Dashboard nor use the
projects for requirements planning.
D. Team members can see the tasks from draft projects on the Team Member Dashboard or in the My
Work work area.

Correct Answer: AB
Section: (none)
Explanation

Explanation/Reference:
Reference: https://docs.oracle.com/cloud/latest/projectcs_gs/OAPEM/OAPEM1122096.htm

QUESTION 48
Your customer has different accounting and project accounting periods, and sometimes enters invoices with
an invoice date in the open project accounting and closed accounting periods. Which two statements are true
about how project accounting and accounting dates will be populated n such invoices?

A. Project accounting date is the same as the original invoice date.

B. Project accounting date is the last day of the open project accounting
period. C. Accounting date is the first day of the first open accounting period.
D. Accounting date is the same as the original invoice date.
E. Project accounting date is the first day of the first open project accounting period.

Correct Answer: CE
Section: (none)
Explanation

Explanation/Reference:

QUESTION 49
Your customer wants to perform billing based on the Percent Spent invoice method. Identify two setups
that are required in project contracts for calculating invoice amounts as per their requirement.

A. billing controls
B. billing events
C. invoice method
D. bill plan
E. expenditure items

Correct Answer: BD
Section: (none)
Explanation

Explanation/Reference:
Explanation:
If the invoice or revenue method is percent complete or percent spent, the extension creates the billing
event based on the calculation level for the billing extension specified in the bill plan or revenue plan.
Reference: https://docs.oracle.com/cd/E25054_01/fusionapps.1111/e20384/F552281AN66F0F.htm

QUESTION 50
Your customer wants a team member who is assigned to a project to be able to create and submit a forecast,
but not to be able to approve the forecast. What is the default project role that you should assign to the
person in the project to meet this requirement?

A. Project Accountant
B. Project Administrator
C. Project Manager
D. Project Application Administrator

Correct Answer: C
Section: (none)
Explanation
Explanation/Reference:

QUESTION 51
Your organization performs revenue recognition based on the Labor and Non-labor Burden schedule
types. Identify the setup required to enable this kind of revenue recognition.

A. Create a revenue method with a revenue method classification of Amount Based.

B. Create a revenue method classification with a revenue method of Percent
Complete. C. Create a revenue method with a revenue method classification of Rate
Based.
D. Create a revenue method classification with a revenue method of Percent Spent.

Correct Answer: C
Section: (none)
Explanation

Explanation/Reference:

QUESTION 52
You create a project schedule with a Shifts element. Identify two more elements that can be part of a
project schedule.

A. Accounting Calendar
B. Exceptions
C. Expenditure Type
D. Time Off
E. Workday Patterns

Correct Answer: BE
Section: (none)
Explanation

Explanation/Reference:
Reference: https://docs.oracle.com/cloud/latest/projectcs_gs/FAPFM/FAPFM1192914.htm

QUESTION 53
When scheduling the Update Project Performance Data process to run on a periodic basis,
which summarization method would you select?

A. Summary
B. Bulk
C. Detail
D. Incremental

Correct Answer: B
Section: (none)
Explanation

Explanation/Reference:
Reference: https://docs.oracle.com/cloud/farel10/projectcs_gs/OAPJS/OAPJS1058184.htm#OAPJS177676

QUESTION 54
Which three duty roles are associated with the Project Manager job role?
A. Project Definition
B. Project Requirements Management
C. Project Resource Assignment
D. Project Plan Management

Correct Answer: ACD

Section: (none)
Explanation

Explanation/Reference:

QUESTION 55
Your customer wants to generate accounting based on project information associated with the transaction
for all subledger transactions. Identify three subledger applications for which the project source is available
for deriving accounts when configuring subledger accounting.

A. Receipt Accounting
B. Payables
C. Purchasing
D. Fixed Asset

Correct Answer: ABD

Section: (none)
Explanation

Explanation/Reference:

QUESTION 56
Which setup option is common to both financial and project plan types?

A. Manage the options for creating control budgets in Budgetary Control.

B. Enable the use of a workflow for managing budget or forecasting status changes.
C. Identify whether the plan type is the default selection when you create budget or forecast
versions. D. Enable the entry of plan amounts in currencies other than the project currency.

Correct Answer: A
Section: (none)
Explanation

Explanation/Reference:

QUESTION 57
You have a small project for a period of five months. Your budget amount for each month is spread evenly
and is $1000 per month. The first month actual expense is $800 and there is a commitment for $600. Now
you generate a forecast at the beginning of the second month. Identify the monthly Estimate-To-Complete
(ETC) amount that the application would calculate for the remaining four periods, when the ETC generation
method includes commitments.

A. 600
B. 1000
C. 900
D. 800
Correct Answer: B
Section: (none)
Explanation

Explanation/Reference:

QUESTION 58
Identify the valid approval group type applicable to Oracle Project Financial Management Cloud.

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

Correct Answer: D
Section: (none)
Explanation

Explanation/Reference:

QUESTION 59
A consulting services company is currently working on a business transformation project for your client,
which spans multiple years. At the first period close, the consulting services company has recognized
revenue and the accounting entry created is:

Dr Unbilled Receivables 40,000

Cr Revenue 40,000

At the end of the period, the client is sent an associated bill. What would be the corresponding
invoice accounting entry?

A. Dr Accounts Receivables 40,000

Cr Revenue 40,000
B. Dr Unbilled Receivables 40,000
Cr Unbilled Receivables 40,000
C. Cr Unearned Revenue 40,000
Cr Accounts Receivables 40,000
D. Dr Unearned Revenue 40,000
Cr Revenue 40,000

Correct Answer: A
Section: (none)
Explanation

Explanation/Reference:

QUESTION 60
Your client is involved in automation control systems installation. Over the years, they have analyzed their
total project spend on specific resource classes. They have identified that their cost spread distribution factor
on a
10 spread point scale resembles: 0-4-10-11-14-13-10-4-0-0.
Identify two ways to handle this kind of a spread on their budgets and forecasts.
A. Create a new spread curve or edit an existing spread curve to exactly match the spread points and
attach to a project template.
B. Use the predefined Bell Curve spread with small deviations on the spread points.
C. Create a new spread curve or edit an existing spread curve to exactly match the spread points and
attach to the resource class.
D. Use the predefined S-Curve spread with small deviations on the spread points.

Correct Answer: BC
Section: (none)
Explanation

Explanation/Reference:

QUESTION 61
You are managing a project based on a Waterfall model. You define a project and a project plan in Oracle
Project Portfolio Management with tasks and subtasks applicable to each of the phases of the project:
Initiation, Discovery, Design, Build, Test, and Deploy. As a project manager, you want to define deliverables
for your project requirements that are elucidated during the Discovery phase of your project. You now want to
understand how the inheritance between requirements, tasks, and deliverables works.
Identify the two correct statements in this respect.

A. A deliverable associated with a requirement is not automatically associated with the tasks created for
that requirement.
B. You associate a deliverable with a task independent of associating a requirement with a task.
C. The association of a deliverable with a task is dependent on associating a requirement with a task.
D. A deliverable associated with a requirement is automatically associated with the tasks created for
that requirement.

Correct Answer: BC
Section: (none)
Explanation

Explanation/Reference:

QUESTION 62
Your customer started operations and all projects in January 2015. They implemented Enterprise Project
Structure for calculating project labor demand by using the Annual option. When they view the labor
demand on 15-Dec-2015, the project hierarchy viewer shows data only for the year 2015. The client
expected the demand to be shown for a year, from 15-Dec-2015 to 15-Dec-2016.
Identify how the project hierarchy viewer displays labor demand information.

A. The project start date of Jan-2015 was used for calculating labor demand, and hence it calculated
the demand for the year 2015.
B. The date entered by a user as a parameter when running the Update EPS job was set to 01-Jan-2015,
and hence the calculations show results for the year 2015.
C. The current period start date is used for calculating labor demand for the current
year. D. The current date is used for calculating labor demand for the current year.

Correct Answer: B
Section: (none)
Explanation

Explanation/Reference:
QUESTION 63
Your administrator creates maintenance conditions on the Maintain Project Enterprise Labor Resources
page. An HCM person is included in a condition with a process order value of 1 and, additionally, there are
three
other conditions, all with a process order value of 10. Identify two correct statements about the Maintain Project
Enterprise Labor Resources process as it relates to process order values.

A. For the three conditions that have the same process order value of 10, the records are processed
in ascending alphabetic order based on the condition name.
B. The process creates a resource by using the condition with a process order value of 1, but does not
create more than one resource for the same person even if subsequent conditions apply to the person.
C. For the three conditions that have the same process order value of 10, the records are processed
in ascending numeric order based on the condition name.
D. The process creates a resource by using the conditions with a process order value of 10, but does not
create more than one resource for the same person even if subsequent conditions apply to the
person.

Correct Answer: AD
Section: (none)
Explanation

Explanation/Reference:
Reference: https://docs.oracle.com/cloud/latest/projectcs_gs/OAPEX/OAPEX1082603.htm#OAPEX1082584

QUESTION 64
Which three file-based data imports are available for use in Oracle Project Portfolio Management Cloud?

A. Project Budgets
B. Project Billing Events
C. Project Tasks
D. Project Templates

Correct Answer: ABC

Section: (none)
Explanation

Explanation/Reference:
Reference: https://docs.oracle.com/en/cloud/saas/project-portfolio-management/r13-update17d/oefpp/File-
Based-Data-Import-in-Oracle-Project-Portfolio-Management-Cloud-Overview.html

QUESTION 65
As part of maintaining (importing new employees that were added last week) project enterprise labor
resources in your organization, you submit the Maintain Project Enterprise Labor Resources process to create
and update resources based on changes in HCM. You define maintenance conditions on the Manage Project
Enterprise Labor Resource page to process both employees and contingent workers.
Which three are parameters that are based on which the system identifies the new resources?

A. Department
B. Organization
C. Business Unit
D. Project Unit
E. Jobs

Correct Answer: BCE

Section: (none)
Explanation
Explanation/Reference:

QUESTION 66
Which two statements are true about the cross-charge method, Borrowed and Lent?

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

Correct Answer: AD
Section: (none)
Explanation

Explanation/Reference:
References: https://docs.oracle.com/cd/E18727_01/doc.121/e13438/T188094T188101.htm

QUESTION 67
Which two privileges are assigned to the Project Plan Management duty in Security Reference
Implementation?

A. Allocate Project Expense

B. View Project Progress
C. Transfer Project
D. Manage Project Plan Resource Assignment

Correct Answer: BC
Section: (none)
Explanation

Explanation/Reference:

QUESTION 68
Identify two attributes for which you can enter budgets that will be considered for Budgetary Controls in Project
Portfolio Management.

A. expenditure item
B. project plan type
C. project
D. project classification
E. resource

Correct Answer: CE
Section: (none)
Explanation

Explanation/Reference:
Reference: https://docs.oracle.com/cloud/latest/projectcs_gs/OAPJF/OAPJF1121937.htm#OAPJF1121937

QUESTION 69
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?
A. Enable track missing time at business unit.
B. Enable track missing time at project type.
C. Enable track missing time at project unit.
D. Enable track missing time at project template.

Correct Answer: A
Section: (none)
Explanation

Explanation/Reference:
Reference: https://docs.oracle.com/cloud/latest/projectcs_gs/OAPFM/OAPFM1125348.htm#OAPFM1125348

QUESTION 70
Which three setups can be configured by using Rapid Implementation for Project Financial Management
Applications?

A. Project Templates
B. Project Types
C. Departments
D. Expenditure Types

Correct Answer: ABD

Section: (none)
Explanation

Explanation/Reference:
Reference:
https://docs.oracle.com/cloud/farel12/projectcs_gs/OAPFM/OAPFM2264569.htm#OAPFM2159921

QUESTION 71
You have a billable project for which the following details are provided:

Associated Inception-To-Date (ITD) Project Actual Cost: USD 60

Associated Project Budgeter Cost: USD 300
Contract Amount: USD 1000
Project Funded Amount: USD 750
Sum of Existing Revenue Events: USD 80

Identify the Associated Project Spent revenue that will get generated based on the preceding

details. A. USD 184

B. USD 70
C. USD 120
D. USD 134

Correct Answer: D
Section: (none)
Explanation

Explanation/Reference:

QUESTION 72
Identify the three contract attributes from Project Performance Data that are used in Project
Performance dashboard regions.

A. Contract Line
B. Projects
C. Task
D. Expenditure Type
E. Contract Header

Correct Answer: ACD

Section: (none)
Explanation

Explanation/Reference:
Reference: https://docs.oracle.com/cloud/farel9/projectcs_gs/FAUAR/F1537947AN10251.htm

QUESTION 73
Your customer 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.

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

Correct Answer: BE
Section: (none)
Explanation

Explanation/Reference:
Reference:
https://fusionhelp.oracle.com/helpPortal/topic/TopicId_P_87F467307D50416BE040D30A68816855

QUESTION 74
Your customer has a requirement to import and process third-party transactions that are “costed” and
“accounted”.
Which configuration option allows you to set up these controls?

A. Document Options
B. Transaction Source Options
C. Import Options
D. Document Entry Options

Correct Answer: B
Section: (none)
Explanation

Explanation/Reference:
Reference: https://docs.oracle.com/cd/E51367_01/projectop_gs/OAPJC/F1071488AN1004C.htm

QUESTION 75
Identify the attribute of a project type that determines if expenditure items are billable, and the amount type
to be used as the basis for transfer pricing.

A. event type
B. expenditure type
C. cost type
D. work type
Correct Answer: D
Section: (none)
Explanation

Explanation/Reference:
Reference: https://docs.oracle.com/cloud/latest/projectcs_gs/OAPFM/OAPFM1125361.htm#OAPFM1125277

QUESTION 76
Which two statements describe how the Resource Qualification Score is calculated?

A. An individual’s score is 100% if the resource request has a qualification, but no proficiency is specified
and the resource has the qualification.
B. An individual’s score is 100% if the resource request has a qualification with a specified proficiency and
the resource has the qualification that meets the specified proficiency.
C. An individual’s score is 100% if the resource request has a qualification with a specified proficiency and
the resource does not have the qualification.
D. An individual’s score is 100% if the resource request has a qualification with a specified proficiency and
the resource has the qualification with a proficiency that is lower or higher than specified.

Correct Answer: BD
Section: (none)
Explanation

Explanation/Reference: