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Quiz

1/10
You have a billable project for which the following details are provided:
Associated Inception-To-Date (ITD) Project Actual Cost: USD 60
Associated Project Budgeted Cost: USD 300
Contract Amount: USD 1000
Project Funded Amount: USD 750
Sum of Existing Revenue Events: USD 80
Identify the Associated Project Spent revenue that will get generated based on the preceding details.
(Choose the best answer.)
Select the answer
1 correct answer
A.
USD 184
B.
USD 120
C.
USD 134
D.
USD 70

Quiz

2/10
Your client is involved in automation control systems installation. Over the years, they have
analyzed their total project spend on specific resource classes. They have identified that their cost
spread distribution factor on a 10 spread point scale resembles:
0-4-10-11-14-13-10-4-0-0. Identify two ways to handle this kind of a spread on their budgets and
forecasts. ( Choose two)
Select the answer
2 correct answers
A.
Create a new spread curve or edit an existing spread curve to exactly match the spread points and
attach to a project template.
B.
Create a new spread curve or edit an existing spread curve to exactly match the spread points and
attach to the resource class.
C.
Use the predefined Bell Curve spread with small deviations on the spread points.
D.
Use the predefined S-Curve spread with small deviations on the spread points.

Quiz

3/10
Which four notification templates are predefined?
Select the answer
4 correct answers
A.
Password Reset Template
B.
New Account Template
C.
Forgot Password Template
D.
Forgot Username Template
E.
New Account Manager Template

Quiz

4/10
Which two statements are true about the cross-charge method, Borrowed and Lent?
Select the answer
2 correct answers
A.
This method creates accounting entries that move an amount equal to the transfer price between
the provider and receiver organizations within a legal entity.
B.
Costs or revenue are shared based on transfer price rules with this method.
C.
You must set up the contract business unit to use this method.
D.
This method creates a formal internal invoice.

Quiz

5/10
Your customer wants additional project information for detailed account balance maintenance,
reconciliation, and reporting. Identify the configuration in subledger accounting that can be set up to




fulfill this requirement.
(Choose the best answer.)
Select the answer
1 correct answer
A.
Accounting Method
B.
Journal Rules
C.
Supporting References
D.
Accounting Rule
E.
Mapping Sets

Quiz

6/10
Your organization performs revenue recognition based on the Labor and Non-labor Burden
schedule types.
Identify the setup required to enable this kind of revenue recognition. (Choose the best answer.)
Select the answer
1 correct answer
A.
Create a revenue method classification with a revenue method of Percent Complete.
B.
Create a revenue method with a revenue method classification of Rate Based.
C.
Create a revenue method with a revenue method classification of Amount Based.
D.
Create a revenue method classification with a revenue method of Percent Spent.

Quiz

7/10
Your customer has separate organizations to maintain indirect, capital, and billing types of
projects.
Identify the two setups that can be used to fulfill this requirement. (
Select the answer
2 correct answers
A.
Project Type
B.
Business Unit
C.
Project Organization Classification
D.
Organization Tree
E.
Project Accounting Business Function

Quiz

8/10
Identify the three contract attributes from Project Performance Data that are used in Project
Performance dashboard regions. (Choose three
Select the answer
3 correct answers
A.
Expenditure Type
B.
Projects
C.
Contract Line
D.
Contract Header
E.
Task

Quiz

9/10
You are implementing Project Portfolio Management (PPM) for a professional services firm.
The firm rents multiple buildings for its operations. At the end of each month, they review the rent
expense for the month and want to allocate the rental cost to all the projects and tasks that are
executed by associates in each of the buildings. The source amounts must be proportionally allocated
to the tasks based on the raw costs of the tasks from the previous month. Considering that all these
costs are in General Ledger, what three allocation setups should you complete in PPM? (Choose
three
Select the answer
3 correct answers
A.
Allocate rental costs once each accounting period by using the "full" allocation method.
B.
Allocate to all eligible tasks and prorate the allocation by the actual raw cost accrued for each task
during the previous accounting period
C.
Define allocation basis by using Actual Amounts with a project-to-date amount class.
D.
Define allocation basis by using Actual Amounts with a period-to-date amount class.
E.
Allocate rental costs once each accounting period by using the "spread evenly" allocation method.

Quiz

10/10
You want to export your project plan to Oracle Project Financial Management Cloud after
initial scheduling is complete in Microsoft Projects. Identify three conditions that must be met for
exporting milestone tasks. ( Choose three.)
Select the answer
3 correct answers
A.
only one labor resource assignment with 100 effort
B.
lowest-level tasks set up with non-zero duration
C.
lowest-level tasks set up with zero duration
D.
only one labor resource assignment with 0 effort
E.
percent work complete values of 0 or 100 percent
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  • Quiz name:Oracle Project Portfolio Management Cloud 2019 Implementation Essentials
  • Total number of questions:91
  • Number of questions for the test:50
  • Pass score:80%

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