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| Section | Objectives |
|---|---|
| Topic 1: Financial Management and Reporting | - Project financial tracking
|
| Topic 2: Project Planning and Scheduling | - Work breakdown structure (WBS)
|
| Topic 3: Project Management Cloud Fundamentals | - Oracle Project Management Cloud overview
|
| Topic 4: Project Setup and Configuration | - Enterprise project structure setup
|
| Topic 5: Security and Integration | - Access control and roles
|
| Topic 6: Project Execution and Control | - Managing project execution
|
1. Your customer has a requirement to allow adjustment and reversals for transactions imported from an external expense entry system.
Which section on the Manage Project Transaction Sources page will allow you to enable these options?
A) Transaction Source
B) Documents
C) Transaction Entries
D) Document Entries
2. Which step within the functional setup manager helps you to move your verified setup data from the test environment to a production environment?
A) Setting Up
B) Planning
C) Opting In
D) Deploying
E) Maintaining
3. Which five steps are required for the File-Based Data Import Integration option?
A) Download an Excel template.
B) Install an Excel add-in.
C) Import data into various applications.
D) Validate the sheet using the Validate option.
E) Upload the file to the server.
F) Run Process to transfer data to interface tables.
G) Populate the spreadsheet with data and generate a CSV file.
4. 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
Successfully Billing Events Created 0
Ineligible Contract Lines 0
Billing Transaction Exception Errors 0
Ineligible Bill Plans 0
Billing Transaction Exception Warnings 0
Ineligible Associated Projects 0
Successful Billing Transactions 0
Ineligible Expenditure Items 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? (Choose the best answer.)
A) Percent Complete
B) As Incurred
C) Amount Based
D) Rate Based
5. 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? (Choose the best answer.)
A) Dr Unearned Revenue 40,000Cr Accounts Receivables 40,000
B) Dr Accounts Receivables 40,000Cr Revenue 40,000
C) Dr Accounts Receivables 40,000Cr Unbilled Receivables 40,000
D) Dr Unearned Revenue 40,000Cr Revenue 40,000
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: A | Question # 3 Answer: B | Question # 4 Answer: D | Question # 5 Answer: C |
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