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Oracle Project Management Cloud 2021 Implementation Essentials Sample Questions:

1. Your customerhas 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 willbe populated in such invoices? (Choose two.)

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

2. Which application generates external roles to grant both function and data security? (Choose the best answer
.)

A) Oracle Identity Manager
B) Business Process Manager
C) Authorization Policy Manager
D) Functional Setup Manager

3. Identify the valid approval group type applicable to Oracle Project Financial Management Cloud. (Choose the best answer.)

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

4. You want tocreate a few project roles so as to restrict accessin the Project Financial Management work area to only the specific projects in which an employee is assigned as a team member. What are the two default project roles available to meet this requirement? (

A) Project Accountant- Security based on BU for Assets, Expenditure BU for Costs and Contract BU for Revenue
B) Project Billing Specialist- Security based on Contract BU
C) Project Executive- Security basedon Project Hierarchy
D) Project Team Member- Security based on Project Assignment
E) Project Manager- Security based on Project Assignment

5. 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? (Choose three.)

A) All new employees created as persons must have an active project role.
B) 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.
C) All new employees created as persons must have an active supervisor.
D) Allnew employees created as personsmust be assigned to a department.
E) All new employees created as personsmust have an active assignment.

Solutions: