Oracle Fusion Project Portfolio Management 2014 Essentials : 1z0-498

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Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

1. Through which two aspects does Fusion PPM provide improved capability of Role Based Security?

A) transparentand consistent data security
B) non-centralized access and function-based entitlement management
C) monitor key projects transaction processing and exception rates
D) single point of administration forboth applications and technology
E) enforcement across entire technologystack

2. Identify two restrictions that are applied by Oracle Fusion PPM, when exporting a new project from Microsoft Project.

A) You must generate a budget version and-create a baseline,
B) The primary planning resource breakdown structure associated with the projector template must allow changes at the project level.
C) The source projector template must allowfor third-party scheduling.
D) A baseline for the projectplan must beset.
E) You must selecta source project of template

3. Identify two predefined transaction sources that Fusion PPM uses to import the transactions generated within projects.

A) ProjectsIntercompany supplier invoices
B) Project Allocations
C) Interproject Supplier Invoices
D) Capitalized Interest

4. Select the true statement related to Descriptive Flex fields and OTBI in Fusion Applications.

A) Descriptive Flex fields cannot be "BI enabled" and only custom subject areas need to be created.
B) All Descriptive Flex fields can be "BI Enabled"
C) Only a restricted set of predefined Descriptive Flex fields can be "BI Enabled".
D) Through specific configurations, Descriptive Flex fields can be made to show the "BI Enabled"flag.

5. Select two important features of Standard Cost Collection Flex field.

A) allows customers to validate, calculate cost, and import any type of transactions that are captured internally or externally using a single process
B) unique project costcollection requirements thatare configured centrally
C) disintegrated means to capture, store, display, query, and reportproject-related attributes in their respective applications
D) unique I-reject cost collection requirements that are presented differently acrossall applications

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