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Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

1. Select the true statement related to Descriptive Flex fields and OTBI in Fusion Applications.

A) Through specific configurations, Descriptive Flex fields can be made to show the "BI Enabled"flag.
B) Only a restricted set of predefined Descriptive Flex fields can be "BI Enabled".
C) Descriptive Flex fields cannot be "BI enabled" and only custom subject areas need to be created.
D) All Descriptive Flex fields can be "BI Enabled"

2. Select two correct statements pertaining to project classifications on a template.

A) When a project is created from a template, the project classifications can be deleted or added
B) When a project is created from a template, the project classifications cannot be deleted or added
C) There can be a maximum of 20classifications that are allowed for entry using Quick Entry.
D) A project classification is a mandatory field on a project template

3. Identify which item is editable at the Project level

A) Third-party Scheduling
B) Planning Amount
C) Multiple Transaction Currencies
D) Workflows
E) Default FinancialType

4. Select two true statements regarding OTBI.

A) OTBI helps in strategic decision such as "Is it worthwhile forme executeprojects for thiscustomer"?
B) OTBI helpsin performingtrend analysiswith unlimited historical data
C) OTBI is thebusiness solution that helpsin current state analysis.
D) OTBI helps in tactical reporting such as helping in decisions such as "Do I need more resources on this project"?

5. Identify two important aspects of the Non-Labor Bill Rate Schedules.

A) They are job-based rate schedule
B) They are expenditure Type based rate schedules
C) Theyallow expenditure types to be used along with arateor a markup percent.
D) They do not allow the mark up percentage to be O.

Solutions: