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Project Financials Management Cloud Oracle Project Management Cloud 2022 Implementation Professional

Oracle Project Management Cloud 2022 Implementation Professional

Last Update Feb 22, 2024
Total Questions : 126

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Questions 4

Which three are project gate statuses? (Choose three.)

Options:

A.  

Open

B.  

In Review

C.  

Closed

D.  

Approve

E.  

Draft

Discussion 0
Questions 5

You have defined two expenditure types, but they are not available for selection when you enter an expenditure batch. Identify the reason for this problem. (Choose the best answer.)

Options:

A.  

The two expenditure types are not assigned to the reference data set that is assigned to the project unit in which the transaction is performed.

B.  

The two expenditure types are not assigned to the reference data set that is assigned to the project-owning organization in which the transaction is performed.

C.  

The two expenditure types are not assigned to the reference data set that is assigned to the project expenditure organization in which the transaction is performed.

D.  

The two expenditure types are not assigned to the reference data set that is assigned to the business unit in which the transaction is performed.

Discussion 0
Questions 6

You create a contract with two contract lines: Line 1 and Line 2. You create separate bill plans: A for contract Line 1 and B contract for Line 2, with a different bill set number (11 for Bill Plan A and 22 for Bill Plan B).

Then Bill Plan A is allocated against Project X – Task 10, and Bill Plan B is allocated against Project Y – Task 30.

Based on the preceding setup, you are generating invoices. Identify two correct statements about invoice generation in this scenario. (Choose two.)

Options:

A.  

Both the contract lines create only a single invoice because they are using the same contract.

B.  

Two invoices are created using the same contract.

C.  

Bill set number drives the grouping of transactions.

D.  

Invoice generation does not depend on bill plan. The invoices are created based on the contract line.

Discussion 0
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Questions 7

Which product offering simplifies the planning, budgeting, and forecasting capabilities as part of Project Management Cloud?

Options:

A.  

Enterprise Contract Management

B.  

Project Billing

C.  

Project Control

D.  

Project Costing

Discussion 0

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