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Oracle Project Management Cloud 2023 Implementation Professional Sample Questions:

1. You have projects and tasks defined with transaction controls, which does not allow certain types of charges to the project. Your business needs to create invoices in AP with this project every period and hence would like to make the process easier by creating a distribution set. As you create the distribution set, you notice that these distribution set lines are not validated against the project transaction controls and you are allowed to save it without any validation errors. Identify the reason why the project transaction controls are not applied. (Choose the best answer.)

A) There is no expenditure organization information available on the distribution set line.
B) There is no expenditure type information available on the distribution set line.
C) The account code combination is not available on the distribution set line.
D) There is no expenditure item date information available on the distribution set line.

2. Which three can be tracked as Status tracking for Project Invoice Approval Notifications? (Choose three.)

A) Prior actions
B) Date-wise updates to the document
C) Pre-approval activities
D) Persons with whom it is still pending approval
E) Person assigned for approval

3. Your company creates a separate project for infrastructure services, so as to track these costs separately and then allocate to various projects that use the services of the infrastructure team. You want to allocate these costs by first attributing a fixed percentage of the source amount to each project and then spread it across tasks based on the actual labor hours charged to each task.
Which allocation basis method would you use to meet this requirement? (Choose the best answer.)

A) prorate
B) spread evenly
C) target percentage and spread evenly
D) target percentage and prorate

4. Which two statements are true about a project in "Draft" status?

A) Team members cannot see the tasks from draft projects on the Team Member Dashboard or in the My Work area.
B) Project managers can neither view draft projects on the Project Manager Dashboard nor use the projects for requirements planning.
C) Team members can see the tasks from draft projects on the Team Member Dashboard or in the My Work area.
D) Project managers can view draft projects on the Project Manager Dashboard and use the projects for requirements planning.

5. Your customer has a requirement to allow adjustment and reversals for transactions imported from an external expense entry system.
Which section on the Manage Project Transaction Sources page will allow you to enable these options?

A) Transaction Entries
B) Document Entries
C) Documents
D) Transaction Source

Solutions: