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Oracle Project Management Cloud 2025 Implementation Professional Sample Questions (Q19-Q24):
NEW QUESTION # 19
Identify three correct statements about project types. (Choose three.)
- A. Project type can be enabled for both billing and capitalization.
- B. Summarization options can be specified at project type.
- C. Project type can be associated with multiple project units.
- D. Classifications can be assigned at project type.
- E. Project type can be used as a source in subledger accounting.
Answer: B,C,E
Explanation:
Project type is a classification that defines the common attributes and processing options for projects. Some of the correct statements about project type are:
* Project type can be used as a source in subledger accounting. This allows you to create accounting rules based on the project type attribute.
* Summarization options can be specified at project type. This allows you to control how the project transactions are summarized for reporting and performance purposes.
* Project type can be associated with multiple project units. This allows you to share the same project type across different business units or organizations. Project type cannot be enabled for both billing and capitalization, as these are mutually exclusive options. Classifications cannot be assigned at project type, but at project or task level. Reference: https://docs.oracle.com/en/cloud/saas/project-portfolio- management/20c/oapfm/set-up-project-financial-management.html#OAPFM2355971
NEW QUESTION # 20
In your customer site, the capitalized interest calculation is implemented on their project types. Which option represents the costs considered in the interest calculation? (Choose the best answer.)
- A. expenditure type exclusions on the Capitalized Interest rate name
- B. expenditure items whose cost spreads across multiple assets that are capitalized
- C. common costs on the project/task
- D. expenditure items whose costs are applied to a single asset or multiple assets
- E. expenditure type exclusions on the Capitalized Interest rate schedules
Answer: D
Explanation:
Reference https://fusionhelp.oracle.com/helpPortal/topic
/TopicId_P_988B43C997365159E040D30A68813832
https://docs.oracle.com/cd/E48434_01/fusionapps.1118/e49622/F1125377AN61D92.htm
NEW QUESTION # 21
Which three file-based data imports are available for use in Oracle Project Portfolio Management Cloud?
- A. Project Templates
- B. Project Billing Events
- C. Project Tasks
- D. Project Budgets
- E. Capital Rate Schedule
Answer: B,C,D
Explanation:
Ref: https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19a/oefpp/toc.htm
NEW QUESTION # 22
Your customer has implemented Oracle Project Portfolio Management Cloud recently and they have hired new employees for their Professions Services business. These employees are set up in Oracle Human Capital Management Cloud, but the Project Administrators are unable to add them as resources in the Planning Resource Breakdown Structure.
What are three conditions for new employees to show up in the list? (Choose three.)
- A. All new employees created as persons must have an active assignment.
- B. All new employees created as persons must have an active project role.
- C. All new employees created as persons must be assigned to a department.
- D. Current date is before the effective date of the resource, and you did not enable the "Include people with future-dated effective start dates" option during the search.
- E. All new employees created as persons must have an active supervisor.
Answer: A,C,D
NEW QUESTION # 23
Which three setups can be configured by using Rapid Implementation for Project Financial Management Applications?
- A. Project Types
- B. Work Type
- C. Project Class Categories
- D. Project Templates
- E. Expenditure Types
Answer: A,D,E
Explanation:
Rapid Implementation for Project Financial Management Applications allows you to configure some common setups for project costing and billing using predefined templates and spreadsheets. Some of the setups that can be configured using Rapid Implementation are expenditure types, project templates, and project types. Work types and project class categories are not part of Rapid Implementation. Reference: https://docs.oracle.com/en
/cloud/saas/project-portfolio-management/20c/oapfm/implement-project-financial-management-applications.
html#OAPFM2355871
NEW QUESTION # 24
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