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Oracle Project Management Cloud 2021 Implementation Essentials Sample Questions:

1. While opening an organization tree on the Manage OrganizationTrees 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.)

A) You opened the hierarchy by clicking the name.
B) You selected theEdit iconfor opening the hierarchy.
C) You used Create Tree Version in the action menu.
D) You used View Tree Version in the action menu.
E) You usedCreate Treein the action menu.

2. Which two statements are true about the cross-charge method, Borrowed and Lent?

A) This method creates a formal internal invoice.
B) Costs or revenue are shared based on transfer price rules with this method.
C) This method creates accounting entries that move an amount equal to the transfer price between theprovider and receiver organizations within a legal entity.
D) You must set up the contract business unit to use this method.

3. Your organization has been awarded a new contract based on which you are allowedto sell:
* Items not tracked in inventory
* Inventory items
* Services
Which contract structure would fulfill your requirement of item sales? (Choose the best answer.)

A) Create two contract lines with a line type each of "product, project-based, sell agreement, standalone" and "sell intent, item, project-based".
B) Create two contract lines with a line type each of "sell intent, item, project-based' and "subscription, project-based, sell".
C) Create two contract lines with a line type each of "sell intent, free-form, project-based" and "sell intent, item, project-based
D) Create two contract lines with a line type each of "free-form, project-based buy agreement" and "bundle sell, project-based".

4. You have four resources in your organization: P, Q,R, and S.
Resource P - Project or resource calendar is active.
Resource Q - Project resource request dates are within the project or resource calendar effective dates.
Resource R - Resource calendar is complex, it does not contain seven days, and it contains more than one pattern and shift.
Resource S - Number of working days within the requested date range is not zero on the project or resource calendar.
Identify the resource for whom Resource Availability Capacity Score will not be calculated. (Choose thebest answer.)

A) P
B) R
C) Q
D) S

5. Your customer wants to automatically allocate unassigned asset lines and common costs across multiple assets basedon the construction-in-process cost of each asset.Identify the asset allocation method that you must use as the default method while configuring project types to meet this requirement. (Choose the best answer.)

A) Actual Unit
B) Spread Evenly
C) Estimated Cost
D) Standard Unit Cost
E) Current Cost

Solutions: