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| Section | Objectives |
|---|---|
| Topic 1: Implementation and Configuration | - Setup and configuration of project management structures
|
| Topic 2: Project Management Cloud Fundamentals | - Overview of Oracle Project Management Cloud
|
| Topic 3: Project Financial Management | - Billing and revenue recognition
|
| Topic 4: Integration and Extensions | - Integration with Oracle Cloud ERP
|
| Topic 5: Project Execution and Control | - Project planning and scheduling
|
1. You have defined two expenditure types but they are not available for selection when you enter an expenditure batch.
What is the reason for this problem?
A) The two expenditure types are not assigned to the reference data set that is assigned to the project unit in which the transaction is performed.
B) The two expenditure types are not assigned to the reference data set that is assigned to the project- owning organization in which the transaction is performed.
C) The two expenditure types are not assigned to the reference data set that is assigned to the project expenditure organization in which the transaction is performed.
D) The two expenditure types are not assigned to the reference data set that is assigned to the business unit in which the transaction is performed.
2. You have defined two expenditure types, but they are not available for selection when you enter an expenditure batch. Identify the reason for this problem. (Choose the best answer.)
A) The two expenditure types are not assigned to the reference data set that is assigned to the project unit in which the transaction is performed.
B) The two expenditure types are not assigned to the reference data set that is assigned to the project- owning organization in which the transaction is performed.
C) The two expenditure types are not assigned to the reference data set that is assigned to the project expenditure organization in which the transaction is performed.
D) The two expenditure types are not assigned to the reference data set that is assigned to the business unit in which the transaction is performed.
3. Your customer wants to generate accounting based on project information associated with the transaction for all subledger transactions. Identify three subledger applications for which the project source is available for deriving accounts when configuring subledger accounting. (Choose three.)
A) Purchasing
B) Fixed Asset
C) Receipt Accounting
D) Payables
4. A consulting services company is currently working on a business transformation project for your client that spans over 10 months. The total contract amount is 250000 USD. They have generated a revenue of 25000 USD and an Invoice of 10000 USD at the end of the first period.
The accounting entry for revenue is:
and accounting entry for invoice is:
What will be the accounting entry when you reclassify the billing offset balances in the first period?
A) Dr Unbilled Receivables 10000 -
Cr Accounts Receivables 10000
B) Dr Deferred Revenue 10000 -
Cr Unbilled Receivables 10000
C) Dr Accounts Receivables 10000 -
Cr Revenue 10000
D) Dr Accounts Receivables 10000 -
Cr Unbilled Receivables 10000
5. Which product offering simplifies the planning, budgeting, and forecasting capabilities as part of Project Management Cloud?
A) Project Costing
B) Project Billing
C) Project Control
D) Enterprise Contract Management
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: A | Question # 3 Answer: A,C,D | Question # 4 Answer: D | Question # 5 Answer: C |
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