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Oracle Project Management Cloud 2021 Implementation Essentials Sample Questions:

1. You create a project schedulewith a Shifts element. Identify two more elements that can be part of a project schedule. (Choose two.)

A) Exceptions
B) Expenditure Type
C) Accounting Calendar
D) Workday Patterns
E) Time Off

2. Your business user has created a purchase order (PO) that has the following attributes:
Accrue at Receipt = Yes
Matching Option = 2 way
Receipt Close Tolerance = 100%
After approval, the PO is closed for receiving without creating a receipt. An AP invoice is created by matching to the PO. The user now runs Create Accounting for Receiving Transactions and then the "Import and Process Cost transactions" ESS (Enterprise Scheduler Service) job using the Transaction Source parameter as "Oracle Payables". The user notices that there is no cost transferred to the projects. Identify two reasons for this problem. (Choose two.)

A) When you have an AP invoice that is matched against a PO with Accrue at Receipt set to Yes, cost is transferred to project by payables.
B) When you have an AP invoice that is matched againsta PO with Accrue at Receipt set to NO, cost is transferred to projects by receipt accounting.
C) When you have an AP invoice that is matched against a PO with Accrue at Receipt set to YES, cost is transferred to projects by Cost Management and not by Payables.
D) When you have an AP invoice that is matched against a PO with Accrue at Receipt set to Yes, cost is transferred to projects only if there are accounted receipt lines.

3. You are now the project manager of a newly created implementation project. Which two items arenotpart of managing an implementation project?

A) Enable optional functional areas and features by opting in.
B) Generate a list of setup tasks.
C) Assign tasks to various users who are responsible for managing setup data.
D) Monitor the progress of completing setup tasks.
E) Select the offering you want to implement.

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

5. Identify the precedence order in which cost rates are determined for a planning resource when deriving raw costs forrate-based planning resources. (

A) Person rate schedule > Job rate schedule > Resource class rate schedule > Override rate
B) Job rate schedule > Resource class rate schedule > Override rate > Person rate schedule
C) Override rate > Job rate schedule > Resource class rate schedule > Person rate schedule
D) Override rate > Person rate schedule > Job rate schedule > Resource class rate schedule
E) Resource class rate schedule > Override rate > Job rate schedule > Person rate schedule

Solutions: