Question 1
Multiple choice
Which five steps are required for the File-Based Data Import Integration option?
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A
Run Process to transfer data to interface tables.
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B
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C
Upload the file to the server.
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D
Download an Excel template.
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E
Populate the spreadsheet with data and generate a CSV file.
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F
Import data into various applications.
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Correct answersA, B, C, D, E
ExplanationAnswer: A B C D E Ref:
https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19b/oefpp/overview.html#External_Data_Integration_Services_for_Oracle_Cloud_Overview
Question 2
Multiple choice
Identify three correct statements about project types. (Choose three.)
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A
Project type can be used as a source in subledger accounting.
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B
Project type can be enabled for both billing and capitalization.
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C
Summarization options can be specified at project type.
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D
Classifications can be assigned at project type.
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E
Project type can be associated with multiple project units.
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Your client organization has recently undergone a restructuring exercise that has resulted in the creation of new jobs. The Resource Breakdown Structure (RBS) was previously created with existing jobs, and now the new jobs have been added to the existing Resource Breakdown Structure. Identify the correct statement about the RBS and new resources. (Choose the best answer.)
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A
If the "Allow resource changes at project level" option is set to No, the new resources and resource formats that are added to a Planning Resource Breakdown Structure for one project are not available for other projects.
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B
If the "Allow resource changes at project level" option is set to No for the RBS, then the resources added to the Planning Resource Breakdown Structure are automatically available for use on the projects.
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C
If the "Allow resource changes at project level" option is set to Yes for the RBS, the new resources are available automatically at project level.
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D
If the "Allow resource changes at project level" option is enabled for the RBS, the new resources added at project level are automatically reflected in the RBS.
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Correct answerB
ExplanationRef:
https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19a/fapfm/implementing-project-financial-management-applications.html#FAPFM969761
Topic - Entering Planning Resource Breakdown Structure Details Click Navigator > Setup and Maintenance, and search for the Manage Planning and Billing Resource Breakdown Structures task.
Click the Manage Planning and Billing Resource Breakdown Structures link. Use the Manage Planning and Billing Resource Breakdown Structures page to create new planning resource breakdown structures and to review existing planning and billing resource breakdown structures.
Click the Create icon in the Planning Resource Breakdown Structures section. Use the Create Planning Resource Breakdown Structure: Basic Information page to provide basic resource breakdown structure information including the name, active dates, and project unit. Enter a planning resource breakdown structure name and select a date from which the resource breakdown structure is available for use.
Optionally, provide a description and a date to which the planning resource breakdown structure is available for use.
Select a project unit. Only projects created for the selected project unit can use this planning resource breakdown structure.
If you want to allow project managers to add planning resources at the project level, then select the Allow resource changes at project level check box.
Tip: Changes at the project level don't move back to the parent planning resource breakdown structure.
Deselect this option to ensure all project using the planning resource breakdown structure use the same resources.
Optionally, select a Job Set as a source of jobs for creating planning resources on your planning resource breakdown structure.
Click Save.
Question 4
Multiple choice
Identify two attributes for which you can enter budgets that will be considered for Budgetary Controls in Project Portfolio Management. (Choose two.)
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A
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B
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C
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D
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E
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Correct answersA, E
ExplanationReference
https://docs.oracle.com/cloud/latest/projectcs_gs/OAPJF/OAPJF1121937.htm#OAPJF1121937
Identify the attribute of a project type that determines if expenditure items are billable, and the amount type to be used as the basis for transfer pricing. (Choose the best answer.)
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A
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B
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C
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D
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Correct answerA
ExplanationReference
https://docs.oracle.com/cloud/latest/projectcs_gs/OAPFM/OAPFM1125361.htm#OAPFM1125277
(what's aworktype?)
In billing, you can use work types to classify work for the following purposes: To determine the default billable status of expenditure items. To classify cross-charge amounts into cost and revenue for cross-charge transactions. Tip: To use work types to determine whether an expenditure item is billable you must set the profile option Work Type Derived for Expenditure Item to Yes.
When you create or import expenditure items, the default work type is inherited from the associated task.
Tasks, in turn, inherit work type values from parent tasks and ultimately from the project. Project types determine the default work type value for projects and project templates.
Question 6
Multiple choice
Which two statements are true about the cross-charge method, Borrowed and Lent?
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A
This method creates accounting entries that move an amount equal to the transfer price between the provider and receiver organizations within a legal entity.
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B
Costs or revenue are shared based on transfer price rules with this method.
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C
You must set up the contract business unit to use this method.
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D
This method creates a formal internal invoice.
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Correct answersA, B
ExplanationRef:
https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19b/oapjc/process-project-cost-transactions.html#OAPJC284872What'saborrowedandlentprocessingmethod?
A method of processing cross-charge transactions that generates accounting entries to share revenue or transfer costs from the provider organization to the receiver organization within a legal entity. An internal invoice isn't created but costs or revenue are shared based on the transfer price rules. This method provides a financial view of the performance of an organization.
Question 7
Multiple choice
You are implementing Project Portfolio Management (PPM) for a professional services firm. The firm rents multiple buildings for its operations. At the end of each month, they review the rent expense for the month and want to allocate the rental cost to all the projects and tasks that are executed by associates in each of the buildings. The source amounts must be proportionally allocated to the tasks based on the raw costs of the tasks from the previous month.
Considering that all these costs are in General Ledger, what three allocation setups should you complete in PPM? (Choose three.)
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A
Allocate rental costs once each accounting period by using the "full" allocation method.
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B
Allocate to all eligible tasks and prorate the allocation by the total actual raw cost accrued for each task during the previous accounting period.
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C
Define allocation basis by using Actual Amounts with a project-to-date amount class.
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D
Define allocation basis by using Actual Amounts with a period-to-date amount class.
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E
Allocate rental costs once each accounting period by using the "spread evenly" allocation method.
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Question 8
Multiple choice
Which two statements are true about a project in "Draft" status? (Choose two.)
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A
Project managers can view draft projects on the Project Manager Dashboard and use the projects for requirements planning.
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B
Project managers can neither view draft projects on the Project Manager Dashboard nor use the projects for requirements planning.
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C
Team members can see the tasks from draft projects on the Team Member Dashboard or in the My
Work area.
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D
Team members cannot see the tasks from draft projects on the Team Member Dashboard or in the My
Work area.
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Correct answersA, D
ExplanationReference https://docs.oracle.com/cloud/latest/projectcs_gs/OAPEM/OAPEM1122096.htm The following table lists the project statuses and what you can do with projects in that status.ProjectWhatyoucando?
Status Draft Project managers can view draft projects in the Project Manager Dashboard and use the projects for requirements planning.
Team members can't see the tasks from draft projects on the Team Member Dashboard or in the My Work area.
Active Project managers can view active projects in the Project Manager Dashboard and use the projects for requirements planning, project execution, and reporting.
Team members can view task assignments on active projects on the Team Member Dashboard and My
Work area.
Pending Project managers can view pending projects in the Project Manager Dashboard and use the projects for Close project tracking, and reporting.
Team members can view task assignments on pending projects on the Team Member Dashboard and My
Work area.
Submitted Project managers can view submitted projects in the Project Manager Dashboard and use the projects for project tracking, and reporting.
Team members can view task assignments on submitted projects on the Team Member Dashboard and
My Work area
Closed Project managers can't view closed projects in the Project Manager Dashboard or use the projects for requirements planning, project execution, and reporting.
Team members can't view tasks of closed projects on the Team Member Dashboard or in the My Work area.
Question 9
Multiple choice
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.)
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A
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B
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C
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D
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Correct answersA, B, D
ExplanationRef:
https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19b/oapfm/project-costing-configuration-define-project-costing-integrations.html#OAPFM3094605Topic-DerivingProjects-Related
Accounts
Question 10
Multiple choice
While opening an organization tree on the Manage Organization Trees page, you notice that the hierarchy status is displayed as Inactive. Identify the two reasons for the organization tree to be in Inactive status. (Choose two.)
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A
You used Create Tree in the action menu.
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B
You used Create Tree Version in the action menu.
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C
You used View Tree Version in the action menu.
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D
You selected the Edit icon for opening the hierarchy.
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E
You opened the hierarchy by clicking the name.
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Question 11
Multiple choice
Which three are true of what you can do in the Project Requirements work area?
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A
Create an implementation project.
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B
Organize backlog items by requirements.
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C
Create an execution project.
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D
Create project tasks for backlog items.
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E
Manage your list of backlog items.
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Correct answersB, D, E
ExplanationRef:
https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19b/oapem/manage-project-requirements.html#OAPEM874365
Project Requirements: Explained
Requirements enable you to capture your business needs. If you manage projects using the Agile development methodology, you start by identifying the high-level requirements and decomposing them further to manage the completion of work on the requirement.
You use the Project Requirements work area to: Organize backlog items by requirements Manage your list of backlog items Create project tasks for backlog items
Question 12
Single choice
Which application generates external roles to grant both function and data security? (Choose the best answer.)
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A
Authorization Policy Manager
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B
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C
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D
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Correct answerB
ExplanationAuthorization Policy Manager (APM)
APM greatly simplifies the creation, configuration, and administration of application policies APM does not support the management of users and external roles; these artifacts can only be viewed with the tool. Their
provision and management is typically accomplished using Oracle Identity Manager Oracle Identity Manager (OIM)
In regard to enterprise users and external roles, Authorization Policy Manager provides viewing and searching functionality only. To manage users and external roles, use Oracle Identity Manager or some
other identity management tool.
OIM provision users, roles, and defines what a user can do in Oracle Cloud Duty Roles are mapped to jobs and assigned access privileges (Data Security)
Question 13
Single choice
Using Oracle Time and Labor, your client wants to put in a validation process that allows only a certain number of maximum hours an employee can charge in a day, and a minimum of hours he or she can report in a week. What feature would you use to meet this requirement? (Choose the best answer.)
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A
project time validation rules
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B
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C
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D
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Question 14
Single choice
Which application would you use to map application roles to external roles? (Choose the best answer.)
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A
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B
Authorization Policy Manager
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C
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D
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Correct answerB
ExplanationRef: https://docs.oracle.com/cd/E17904_01/doc.1111/e14431/managing.htm#APMAG3333 Fusion
Middleware Administrator's Guide for Authorization Policy Manager Managing Security Artifacts This chapter describes the procedures an administrator follows to manage application-specific security artifacts, view the external role hierarchy, manage the application role hierarchy, and manage the many-to-many mapping of application roles to external roles from both the application and the external role point of view.
This chapter is divided into the following sections: Managing Application Security Artifacts Viewing the External Role Hierarchy Managing the Application Role Hierarchy Mapping Application Roles to an External Role Mapping External Roles to an Application Role Role Mapping Policy
A Role Mapping Policy is used to determine what external subjects (users, groups or External Roles) are assigned to the applicable Application Role. The Application Role, when referenced in an Authorization Policy, defines the principals affected by the Authorization Policy. Role Mapping Policies may also include conditions Oracle Identity Manager ?Not used for mapping application roles to external roles How do Users Interact with Oracle Identity Manager?
Oracle Identity Manager provides an end-user interface, called the Identity Self Service console, and a system administrator interface, called the Identity System Administration console. Both end-users and system administrators use the web browser to log on to Oracle Identity Manager. Oracle Identity Manager (OIM) OIM provision users, roles, and defines what a user can do in Oracle Cloud Duty Roles are mapped to jobs and assigned access privileges (Data Security)
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