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Oracle Project Management Cloud 2021 Implementation Essentials Sample Questions:

1. Your customer accounts revenue based on, product class category. Because all your customer's projects are funded by private and government institutions, theydecide to classify all projects based on their funding source to accurately report on revenue in General Ledger. Accordingly, you create a new class category "Funding Source" and assign it to all projects. However, you notice that the accounting is still happening based on product class category. Identify the reason for this problem. (Choose the best answer.)

A) Funding source class category is enabled for "available as accounting source".
B) Product class category is not enabled for "available as accounting source".
C) Funding source class category is assigned to all project types.
D) Funding source class category is not enabled for "available as accountingsource".

2. Using Oracle Time and Labor, your client wants to put in a validation process that allows only a certainnumber of maximum hours an employee can charge in a day, and a minimum of hours he or she can report in a week.
What feature would you use to meet this requirement? (Choose the best answer.)

A) time audit rules
B) time calculation rules
C) project time validation rules
D) time entry rules

3. Your organization has been awarded a new contract based on which you are allowedto sell:
* Items not tracked in inventory
* Inventory items
* Services
Which contract structure would fulfill your requirement of item sales? (Choose the best answer.)

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

4. Whichtwoattributes are available while enabling a task as a business object for social networking?

A) Project Number
B) Creation Date
C) Task Number
D) Project
E) Task

5. 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. (Choose two.)

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

Solutions: