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Oracle Project Management Cloud 2021 Implementation Essentials Sample Questions:

1. Your customer wants to assign the Net 45 payment term to all sets except for the corporate business unit specific set, which is assigned the Net 15 payment term. At transaction entry, the list of values for payment terms consists of only one set of data: the set that is assigned to the transaction's business unit.
Which reference data sharing method would you setup to meet the customer requirement? (Choose the best answer.)

A) assignment to one set only with common values
B) assignment to multiple sets; no common values allowed
C) assignment to multiple sets; common values allowed
D) assignment to one set only; no common values allowed

2. Identify theattribute of a project typethatdetermines if expenditure items are billable, and theamount type to be used as the basisfor transfer pricing. (Choose the best answer.)

A) expenditure type
B) cost type
C) event type
D) worktype

3. Identify two correct role templates available on the Oracle Entitlement Server to generate roles for Project Organization Security. (Choose two.)

A) Project Creator Template for Project Organization Security
B) Project Billing Specialist Template for Project Organization Security
C) Project Manager Template for Project Organization Security
D) Project Accountant Template for Project Organization Security
E) Project Administrator Template forProject Organization Security

4. 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) Import Options
B) Transaction Source Options
C) Document Options
D) Document Entry Options

5. Your organization has been using project class categories and codes for reporting purposes and is set up at the project level. You recently defined a new project type, Capital-Contract, and created new class categories named Build, Operate, and Transfer (BOT) and Build, Transfer, and Maintain (BTM), with class codes of Yes/No. But on creation of a project, you are unable to associate these classcategories and codes.
Identify two setups that are mandatory for these class categories and codes to be displayed. (Choose two.)

A) Class categories should be assigned to business unit.
B) Class codes should be assigned to project unit.
C) Class categoriesshould beassignedtoproject type.
D) Class codesshould beassociated

Solutions: