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| Section | Objectives |
|---|---|
| Topic 1: Project Execution and Control | - Project planning and scheduling
|
| Topic 2: Implementation and Configuration | - Setup and configuration of project management structures
|
| Topic 3: Integration and Extensions | - Integration with Oracle Cloud ERP
|
| Topic 4: Project Financial Management | - Costing and budgeting
|
| Topic 5: Project Management Cloud Fundamentals | - Overview of Oracle Project Management Cloud
|
1. Your customer wants to automatically allocate unassigned asset lines and common costs across multiple assets based on the construction-in-process cost of each asset. Identify the asset allocation method that you must use as the default method while configuring project types to meet this requirement. (Choose the best answer.)
A) Actual Unit
B) Standard Unit Cost
C) Current Cost
D) Spread Evenly
E) Estimated Cost
2. Identify the three contract attributes from Project Performance Data that are used in Project Performance dashboard regions. (Choose three.)
A) Expenditure Type
B) Task
C) Projects
D) Contract Line
E) Contract Header
3. Your customer accounts revenue based on, product class category. Because all your customer's projects are funded by private and government institutions, they decide 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 accounting source".
4. In your customer site, the capitalized interest calculation is implemented on their project types. Which option represents the costs considered in the interest calculation? (Choose the best answer.)
A) expenditure items whose cost spreads across multiple assets that are capitalized
B) common costs on the project/task
C) expenditure type exclusions on the Capitalized Interest rate schedules
D) expenditure items whose costs are applied to a single asset or multiple assets
E) expenditure type exclusions on the Capitalized Interest rate name
5. Identify three correct statements about project types. (Choose three.)
A) Classifications can be assigned at project type.
B) Project type can be used as a source in subledger accounting.
C) Project type can be enabled for both billing and capitalization.
D) Summarization options can be specified at project type.
E) Project type can be associated with multiple project units.
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: B,C,D | Question # 3 Answer: D | Question # 4 Answer: D | Question # 5 Answer: B,D,E |
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