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Oracle Project Management Cloud 2021 Implementation Essentials Sample Questions:

1. Identify the valid approval group type applicable to Oracle Project Financial Management Cloud. (Choose the best answer.)

A) Dynamic
B) Static
C) Position
D) Job
E) Flexfield

2. Which application would you use to map application roles to external roles? (Choose the best answer.)

A) Authorization Policy Manager
B) Security Console
C) BPM Work List
D) Oracle Identify Manager

3. You have been asked to set up one active person, who is not a team member in the project, as a quality manager for each quality task created underprojects. However, when you try to assign the quality manager as Task Manager, you cannot find the person's name in the list of values. What is the reason for this problem?
(Choose the best answer.)

A) The quality manager is not assigned with a supervisor.
B) The quality manager belongs to a department that is not associated with the project.
C) The "Require Task Managers to be Project Team Members" profile option is set to Yes.
D) The "Require Task Managers to be Project Team Members" profile option is set to No.

4. Which setup option is common to both financial and project plan types?

A) Manage the options for creating control budgets in Oracle Fusion Budgetary Control.
B) Enable the use of a workflow for managing budget or forecasting status changes.
C) Identify whether the plantype is the default selection when you create budget or forecast versions.
D) Enable the entry of plan amounts in currencies other than the project currency.

5. 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 items whose costs are applied to a single asset or multiple assets
B) expenditure type exclusions on the Capitalized Interest rate schedules
C) expenditure items whose cost spreads across multiple assets that are capitalized
D) common costs on the project/task
E) expenditure type exclusions on the Capitalized Interest rate name

Solutions: