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Oracle Project Management Cloud 2021 Implementation Essentials Sample Questions:

1. 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.

2. Using Oracle Time and Labor, your client wants to put in a validation process that allows only a certainnumber of maximum hours an employee can charge in a day, and a minimum of hours he or she can report in a week.
What feature would you use to meet this requirement? (Choose the best answer.)

A) project time validation rules
B) time entry rules
C) time audit rules
D) time calculation rules

3. Identify three correct statements about project types. (Choose three.)

A) Summarization options can be specified at project type.
B) Project type can be associated with multiple project units.
C) Project type can be usedas a source
D) Classifications can be assigned
E) Project type can beenabled for both billing and capitaliz

4. You want tocreate a few project roles so as to restrict accessin the Project Financial Management work area to only the specific projects in which an employee is assigned as a team member. What are the two default project roles available to meet this requirement? (

A) Project Executive- Security basedon Project Hierarchy
B) Project Accountant- Security based on BU for Assets, Expenditure BU for Costs and Contract BU for Revenue
C) Project Team Member- Security based on Project Assignment
D) Project Billing Specialist- Security based on Contract BU
E) Project Manager- Security based on Project Assignment

5. Which two privileges are assigned to the Project Plan Management duty in Security Reference Implementation? (Choose two.)

A) Transfer Project
B) ManageProject Plan Resource Assignment
C) Allocate Project Expense
D) View Project Progress

Solutions: