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Oracle Project Management Cloud 2023 Implementation Professional Sample Questions:

1. You cannot generate invoices for a project expenditure item. After running the Generate Invoices program for a billable expenditure item and active contract, the process completes successfully but without any billing, and does not provide any error logs.
The program's processing summary is as follows:
Billing Event Errors 0
Ineligible Contracts 0
Successfully Billing Events Created 0
Ineligible Contract Lines 0
Billing Transaction Exception Errors 0
Ineligible Bill Plans 0
Billing Transaction Exception Warnings 0
Ineligible Associated Projects 0
Successful Billing Transactions 0
Ineligible Expenditure Items 0
Draft Invoice Exception Errors 0
Ineligible Events 0
Draft Invoice Exception Warnings 0
Successful Draft Invoices 0
What was the invoice method classification set to that caused this behavior? (Choose the best answer.)

A) Percent Complete
B) Amount Based
C) Rate Based
D) As Incurred

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

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

3. Identify three correct statements about project types.
(Choose three.)
Response:

A) Project type can be enabled for both billing and capitalization.
B) Project type can be associated with multiple project units.
C) Classifications can be assigned at project type.
D) Summarization options can be specified at project type.
E) Project type can be used as a source in subledger accounting.

4. You configure one OTBI using Project Cross Subject Area Analysis Real Time. You notice that all measures (Budget, Forecast, Cost, Commitments, Revenue, and Invoice) are not available for Bill-To-Customer and Contract and Contract Line dimensions. Identify the reason for this behavior. (Choose the best answer.)

A) The Contract and Contract Line dimensions apply only to Invoice measures.
B) The Bill-To-Customer dimension applies only to Invoice measures, but the Contract and Contract Line dimensions do not apply to Revenue and Invoice measures.
C) The Bill-To-Customer dimension applies to Invoice measures, and the Contract and Contract Line dimensions apply to Revenue and Invoice measures.
D) The Bill-To-Customer dimension does not apply to Invoice measures, but the Contract and Contract Line dimensions apply only to Revenue and Invoice measures.
E) The Bill-To-Customer dimension applies only to Revenue and Invoice measures.

5. Your customer complains that their project resources do not report their time promptly, which has resulted in incorrect reporting of project performance. What should you do to fix this problem? (Choose the best answer.)

A) Enable track missing time at project unit.
B) Enable track missing time at business unit.
C) Enable track missing time at project template.
D) Enable track missing time at project type.

Solutions: