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Oracle Project Management Cloud 2021 Implementation Essentials Sample Questions:

1. You have been asked to set up one active person, who is not a team member in the project, as a quality manager for each quality task created underprojects. However, when you try to assign the quality manager as Task Manager, you cannot find the person's name in the list of values. What is the reason for this problem?
(Choose the best answer.)

A) The quality manager is not assigned with a supervisor.
B) The "Require Task Managers to be Project Team Members" profile option is set to Yes.
C) The quality manager belongs to a department that is not associated with the project.
D) The "Require Task Managers to be Project Team Members" profile option is set to No.

2. Your customer has a requirement toimport and process third-party transactions that are "costed" and
"accounted".
Which configuration option needs to be set satisfy the requirement? (Choose the best answer.)

A) Document Entry Options
B) Import Options
C) Document Options
D) Transaction Source Options

3. A consulting services company is currently working on a businesstransformation project for your client, which spans multiple years. At the first period close, the consulting services company has recognized revenue and the accounting entry created is:
Dr Unbilled Receivables 40,000
Cr Revenue 40,000
At the end of theperiod, the client is sent an associated bill. What would be the corresponding invoice accounting entry? (Choose the best answer.)

A) Dr Accounts Receivables 40,000Cr Unbilled Receivables 40,000
B) Dr Unearned Revenue 40,000Cr Revenue 40,000
C) Dr Unearned Revenue 40,000Cr Accounts Receivables 40,000
D) Dr Accounts Receivables 40,000Cr Revenue 40,000

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

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

5. 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) Manage the options for creating control budgets in Oracle Fusion Budgetary Control.
C) Enable the entry of plan amounts in currencies other than the project currency.
D) Identify whether the plantype is the default selection when you create budget or forecast versions.

Solutions: