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Oracle Project Management Cloud 2023 Implementation Professional Sample Questions (Q99-Q104):

NEW QUESTION # 99
You have closed the project accounting period with a warning, but you are unable to close the accounting period due to an error. Identify two reasons for this problem.
Response:

A. Pending burden summarization items have not been processed.
B. Unaccounted transactions are not imported.
C. Transactions entered in an integrated Oracle Cloud Application are accounted, but not yet transferred and imported into Oracle Project Portfolio Management Cloud.
D. Unaccounted transactions have not been swept to the next period.
E. The corresponding Oracle Payables Cloud accounting period has not been closed.

Answer: A,D

NEW QUESTION # 100
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. Payables
D. Receipt Accounting

Answer: B

Explanation:
Ref: https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19b/oapfm/project-costing-configuration-define-project-costing-integrations.html#OAPFM3094605 Topic - Deriving Projects-Related Accounts

NEW QUESTION # 101
Identify three correct statements about the integration of Primavera P6 Enterprise Project Portfolio Management and Oracle Project Portfolio Management Cloud. (Choose three.)

A. Project plans and progress flow from Oracle Project Portfolio Management Cloud to Primavera P6 Enterprise Project Portfolio Management.
B. Projects and task definitions flow from Oracle Project Portfolio Management Cloud to Primavera P6 Enterprise Project Portfolio Management.
C. Billing events flow from Primavera P6 Enterprise Project Portfolio Management to Oracle Project Portfolio Management Cloud.
D. Event completion flows from Primavera P6 Enterprise Project Portfolio Management to Oracle Project Portfolio Management Cloud.
E. Summarized actual quantity and cost flow from Oracle Project Portfolio Management Cloud to Primavera P6 Enterprise Project Portfolio Management.

Answer: D

Explanation:
Ref: https://docs.oracle.com/cd/E48434_01/fusionapps.1118/e49622/F1125394AN6D254.htm Primavera P6 Enterprise Project Portfolio Management and Oracle Fusion Project Portfolio Management: How They Work Together Use Oracle Fusion Project Integration Gateway to integrate Oracle Fusion Project Portfolio Management with Primavera P6 Enterprise Project Portfolio Management. The integration enables project accountants, project billing specialists, and executives to centrally perform project costing, billing, accounting, and executive reporting tasks in Oracle Fusion Project Portfolio Management while enabling each project manager to perform detailed project planning and scheduling in Primavera P6 Enterprise Project Portfolio Management.
Oracle Fusion Project Integration Gateway ensures data security, integrity, and efficiency by defining a set framework in which data is exported from and imported into Oracle Fusion Project Portfolio Management.
The following table and diagram provide an overview of the flow of information.
Information Type
From Application
To Application
Global integration information
Oracle Fusion Project Portfolio Management
Primavera P6 Enterprise Project Portfolio Management
Projects and task definition
Oracle Fusion Project Portfolio Management
Primavera P6 Enterprise Project Portfolio Management
Summarized project actual quantity and cost
Oracle Fusion Project Portfolio Management
Primavera P6 Enterprise Project Portfolio Management
Project plans and progress
Primavera P6 Enterprise Project Portfolio Management
Oracle Fusion Project Portfolio Management
Billing events
Oracle Fusion Project Portfolio Management
Primavera P6 Enterprise Project Portfolio Management
Event completion
Primavera P6 Enterprise Project Portfolio Management
Oracle Fusion Project Portfolio Management

NEW QUESTION # 102
Your company uses an accounting calendar with periods that are identical to calendar months. A contract resource has been identified to work for six months on an accounting close cycle project. The resource is planned to start with 10 days left in the first period and to end 20 days into the last period. For the remaining periods, the resource must be loaded on all working days of the month. You are required to distribute the budget, forecast, and planning amounts across periods based on the task duration.
Which predefined spread curve must be used to meet this requirement? (Choose the best answer.)

A. Even
B. Back Loaded
C. S-Curve
D. Bell Curve
E. Daily Spread Basis

Answer: B

Explanation:
Ref: https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19a/oapfm/project-control-configuration-manage-spread-curves.html#OAPFM79760 Predefined Spread Curves Name Description Dist. Factors Even Linear distribution of financial or project plan values across periods.
10-10-10-10-10-10-10-10-10-10
Prorated Even
Linear distribution of financial or project plan values across periods, with an exception of the first period and last period in the financial plan. Financial or project plan values for the first period and last period are prorated based on the number of days in the period.
10-10-10-10-10-10-10-10-10-10
Back Loaded
Back-loaded distribution of financial or project plan values across periods. Assigned amounts increase over succeeding periods.
0-5-10-15-20-25-30-35-40-45
Front Loaded
Front-loaded distribution of financial or project plan values across periods. Assigned amounts decrease over succeeding periods.
45-40-35-30-25-20-15-10-5-0
S Curve
S-shaped distribution of financial or project plan values across periods.
18-10-8-10-15-17-18-17-15-8
Bell Curve
Bell-shaped distribution of financial or project plan values across periods. Assignment of plan values is highest in the middle periods.
0-4-10-12-14-12-10-4-0-0
Daily Spread Analysis
Spread is based upon the number of days in each financial period throughout the duration of the task assignment. Amounts are proportionally distributed throughout all periods for the duration of the task assignment None

NEW QUESTION # 103
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 under projects. 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 belongs to a department that is not associated with the project.
B. The "Require Task Managers to be Project Team Members" profile option is set to Yes.
C. The quality manager is not assigned with a supervisor.
D. The "Require Task Managers to be Project Team Members" profile option is set to No.

Answer: D

Explanation:
Ref: https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19a/fapfm/introducing-oracle-project-portfolio-management-cloud-services.html#FAPFM428138 Topic - Project Foundation Profile Options Profile Option Name - Task Managers Must Be Project Team Members Description - Specify whether task managers must be project team members.
Values - No (Default) / Yes
Setup Task Name - Require Task Managers to be Project Team Members

NEW QUESTION # 104
......

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