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Oracle Project Management Cloud 2021 Implementation Essentials Sample Questions:

1. You have a small project for a period of five months. Your budget amount for each month is spread evenly and is $1000 per month. The first month actual expense is $800 and there is a commitmentfor $600. Now you generate a forecast at the beginning of the second month. Identify the monthly Estimate-To-Complete (ETC) amount that the application would calculate for the remaining four periods, when the ETC generation method includes commitments. (Choose the best answer.)

A) 600
B) 1000
C) 900
D) 800

2. Which two statements describe how the Resource Qualification Score is calculated?

A) An individual's score is 100% if the resource request has a qualification, but no proficiency is specified, and the resource has the qualification.
B) An individual's score is 100% if the resource request has a qualification with a specified proficiency and the resource does not have thequalification.
C) An individual's score is 100% if the resource request has a qualification with a specified proficiency and the resource has the qualification with a proficiencythat is lower or higher than specified.
D) An individual's score is 100% if the resource request has a qualification with a specified proficiency and the resource has the qualification that meets the specified proficiency.

3. Yourcustomer wants to see how quantity, cost, and revenue amounts are automatically distributed by using Spread Curve. Identify two period options that are available for this purpose. (Choose two.)

A) Project Accounting Periods
B) PA-GL Periods
C) PA Calendar
D) Calendar Types
E) Accounting Periods

4. Which setup option is common to both financial and project plan types?

A) Enable the use of a workflow for managing budget or forecasting status changes.
B) Identify whether the plantype is the default selection when you create budget or forecast versions.
C) Enable the entry of plan amounts in currencies other than the project currency.
D) Manage the options for creating control budgets in Oracle Fusion Budgetary Control.

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

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

Solutions: