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Oracle 1z0-498 Exam Syllabus Topics:

SectionObjectives
Project Costing and Financial Management- Billing and revenue management
  • 1. Revenue recognition basics
    • 2. Invoice generation concepts
      - Costing setup and configuration
      • 1. Cost organizations and expenditure types
        • 2. Cost collection and distribution rules
          Reporting and Analytics- Project reporting tools
          • 1. Dashboard and KPI concepts
            • 2. Standard financial and project reports
              Project Portfolio Management Fundamentals- Overview of Oracle Fusion Project Portfolio Management
              • 1. Business flow and solution architecture
                • 2. Key concepts and terminology
                  - Project Lifecycle Management
                  • 1. Project creation and definition
                    • 2. Project planning and execution overview
                      Project Resource Management- Resource pools and staffing
                      • 1. Role-based staffing concepts
                        • 2. Resource assignment process
                          Project Execution and Control- Project monitoring and control
                          • 1. Progress tracking and reporting
                            • 2. Issue and change management overview

                              Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

                              Question #1

                              Identify the two currencies that Fusion PPM automatically converts transactions to, when a Financial Plan Type is enabled for planning in multiple currencies.

                              • A. Project Currency
                              • B. Reporting Currency
                              • C. Contract Currency
                              • D. Project Ledger Currency
                              Reveal Solution  Discussion  0

                              Correct Answer: B,D  🗳️

                              Explanation: Only visible for Pass4training members. You can sign-up / login (it's free).

                              Question #2

                              Identify three setups that are required to be performed at a Project Unit level in Fusion PPM.

                              • A. Implementation Options
                              • B. Contract Management Propertied
                              • C. Pi .Kit Numbering and FTIH
                              • D. Reporting Setup
                              • E. BusinessUnitAssociation
                              Reveal Solution  Discussion  0

                              Correct Answer: A,D,E  🗳️

                              Question #3

                              You define Assets for your project and assign them to the project or task level. What should be the value of the project asset type to generate the asset line?

                              • A. estimated
                              • B. built
                              • C. as built
                              • D. regenerate
                              • E. generate
                              Reveal Solution  Discussion  0

                              Correct Answer: E  🗳️

                              Question #4

                              Project Analytics in Fusion Applications provides the project commitment summary. Select three additional commitment sources provided by Project Analytics.

                              • A. Unaccounted Supplier Invoices
                              • B. PO Receipts
                              • C. Purchase Orders
                              • D. Timecards
                              • E. Requisitions
                              Reveal Solution  Discussion  0

                              Correct Answer: A,B,E  🗳️

                              Question #5

                              Select the appropriate option to fill in the blank below.
                              A person is allowed to remove transactions when the Project Invoice status is _____

                              • A. Draft
                              • B. Released
                              • C. Accepted
                              • D. Transferred
                              Reveal Solution  Discussion  0

                              Correct Answer: C  🗳️

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