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Oracle Project Management Cloud 2023 Implementation Professional Sample Questions:

1. Green House Corporation has decided to enable the budgetary control feature for their projects. At which two levels will they be able to enter the amounts in the budget versions for these projects?

A) Expenditure Type
B) Expenditure Category
C) Top resource
D) Task
E) Project

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

3. Your organization has a requirement to send notifications to the owners of the associated tasks when the status of a deliverable is set to Complete. You have been asked to evaluate generate public events for project deliverable status changes feature to manage this requirement.
Which two statements are true about this feature?

A) The public event is generated when the progress status for a deliverable changes.
B) The public event is not generated when the priority of a deliverable changes.
C) The public event is generated when a deliverable is created or deleted.
D) The public event is not generated when a deliverable is created or deleted.

4. Your organization performs revenue recognition based on the Labor and Non-labor Burden schedule types. Identify the setup required to enable this kind of revenue recognition. (Choose the best answer.)

A) Create a revenue method with a revenue method classification of Rate Based.
B) Create a revenue method with a revenue method classification of Amount Based.
C) Create a revenue method classification with a revenue method of Percent Complete.
D) Create a revenue method classification with a revenue method of Percent Spent.

5. Where should you specify the Default Capitalized Interest Rate Schedule?

A) Manage Project Type page
B) Manage Capitalized Interest Rates page
C) Manage Capitalized Interest Rate Schedules page
D) Manage Project Plan Type page
E) Manage Expenditure Type page

Solutions: