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Oracle 1z0-498 Exam Syllabus Topics:

Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

1. Select two important features of Standard Cost Collection Flex field.

A) disintegrated means to capture, store, display, query, and reportproject-related attributes in their respective applications
B) allows customers to validate, calculate cost, and import any type of transactions that are captured internally or externally using a single process
C) unique I-reject cost collection requirements that are presented differently acrossall applications
D) unique project costcollection requirements thatare configured centrally

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

3. Select the- option that accurately completes this sentence.
Eligible revenue is calculated using the formula __________

A) Potential Revenue Amount* (Contribution percentage/l00)
B) Qualified Revenue Amount* (Contribution percentage/100)
C) Potential Amount * Transfer Price Schedule Markup percentage/l00
D) Potential Amount * (Transfer Price Schedule Markup percentage/100) * Transferprice rule markup percentage/100)

4. Identify two key business value propositions of Fusion Project Portfolio Management.

A) improveddecision-making by answering keybusiness questions while users enter transactions
B) enhanced user productivity and reduced supportcosts
C) reducedcommunicationand collaboration by creating a community forthe project team
D) elimination ofexception-based management

5. Select the option that accurately fills in the blank below.
Function security Privileges in Fusion PPM are also known as______

A) entitlements
B) honors
C) licenses
D) rights

Solutions: