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Oracle Project Management Cloud 2023 Implementation Professional Sample Questions (Q135-Q140):

NEW QUESTION # 135
Your client has implemented Oracle Cloud Applications with their United States business unit and United Kingdom business unit. After six months, they acquired another company in China and added a China business unit. A project accountant in your organization is authorized to access transactions for the US, UK, and China business units. The project accountant can see the transactions for the US and UK business units but not for the China business unit. Why is he not able to see the transactions for the China business unit? (Choose the best answer.)

A. The project accountant is not assigned to the external role that grants access to the China business unit.
B. The JOB role relevant to the China business unit is not assigned to the project accountant.
C. The US and UK business units are linked to different ledgers than the China business unit.
D. The China business unit is associated with a different legal entity than the US and UK business units.

Answer: A

Explanation:
To access transactions for a business unit, the project accountant needs to be assigned to an external role that grants access to that business unit. The external role is defined by the security profile of the business unit and can be different for each business unit. The job role and the legal entity are not relevant for accessing transactions for a business unit. The ledger is relevant for accounting transactions, but not for project transactions. https://docs.oracle.com/en/cloud/saas/project-portfolio-management/20c/oapfm/set-up-project-financial-management.html#OAPFM2355903

NEW QUESTION # 136
Which three features are part of Oracle Fusion Functional Setup Manager?

A. guided task list for end-to-end setup requirements
B. modifying an existing implementation project task list by selecting more functional areas when needed
C. export and import services for setup data migration between environments
D. feature opt-in for a best fit configuration
E. updating an implementation project task list by changing the opt-in configuration to suit the latest requirements

Answer: C

Explanation:
https://docs.oracle.com/en/cloud/saas/applications-common/r13-update17d/oafsm/applications-cloud-using-functional-setup-manager.pdf Functional Setup Manager offers the following:
*Standardized application configuration and setup experience
*Feature opt-in for a best fit configuration
*xible processes for managing setup:
*Setup by functional areas for an adopt-as-you-go approach
*Implementation projects to manage setup
*Upload file to enter setup data in bulk
* Guided task list for end-to-end setup requirements
* Export and import services for setup data migration between environments
* Comprehensive reporting on setup data

NEW QUESTION # 137
You have a small project for a period of five months. Your budget amount for each month is spread evenly and is $1000 per month. The first month actual expense is $800 and there is a commitment for $600. Now you generate a forecast at the beginning of the second month. Identify the monthly Estimate-To-Complete (ETC) amount that the application would calculate for the remaining four periods, when the ETC generation method includes commitments. (Choose the best answer.)

A. 0
B. 1
C. 2
D. 3

Answer: C

Explanation:
Budget 5,000 Actuals 800 Commitment 600
ETC = Budget - Actuals - Commitment
ETC = 5,000-800-600 = 3,600 Budget available for next 4 months = 3,600/4 = 900/month

NEW QUESTION # 138
Identify three correct statements about project types. (Choose three.)

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

Answer: D

Explanation:
Project type is a classification that defines the common attributes and processing options for projects. Some of the correct statements about project type are:
Project type can be used as a source in subledger accounting. This allows you to create accounting rules based on the project type attribute.
Summarization options can be specified at project type. This allows you to control how the project transactions are summarized for reporting and performance purposes.
Project type can be associated with multiple project units. This allows you to share the same project type across different business units or organizations. Project type cannot be enabled for both billing and capitalization, as these are mutually exclusive options. Classifications cannot be assigned at project type, but at project or task level. https://docs.oracle.com/en/cloud/saas/project-portfolio-management/20c/oapfm/set-up-project-financial-management.html#OAPFM2355971

NEW QUESTION # 139
You are currently involved in the implementation of the Project Financial Management solution for your client organization. Your client organization has two main lines of business: Consulting and Support. Consulting Services and Support Services organizations have different project planning, management, analysis and reporting requirements for the projects that they manage, though the management reporting and transaction processing requirements are the same for both the organizations.
What will be your recommendation?

A. Define Two Business Units and One Project Unit
B. Define One Business Unit and Three Project Units
C. Define Two Business Units and Two Project Units
D. Define One Business Unit and Two Project Units

Answer: D

Explanation:
The recommendation for this scenario is to define one business unit and two project units. A business unit is an organization that performs one or many business functions such as transaction processing or reporting. A project unit is an organization that manages projects within a business unit or across multiple business units. By defining one business unit and two project units, you can meet the following requirements of the client organization:
The management reporting and transaction processing requirements are the same for both the organizations: This can be achieved by using the same business unit for both the organizations, as the business unit determines the common setups such as ledger, currency, calendar, etc. for transaction processing and reporting.
The project planning, management, analysis and reporting requirements are different for each organization: This can be achieved by using different project units for each organization, as the project unit determines the specific setups such as project types, templates, options, etc. for project planning, management, analysis and reporting. Defining two business units and two project units is not recommended for this scenario, as this would create unnecessary duplication of setups for transaction processing

NEW QUESTION # 140
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