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Oracle 1z0-498 Exam Syllabus Topics:

Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

1. You want to credit an invoice using the Cancel Invoice option. Which three prerequisites should be met for this to be possible?

A) Credit memo is created.
B) Invoice is released.
C) Invoice has no payments.
D) Invoicehas no adjustment or crediting Invoices applied to it.

2. Select the two options that would accurately fill in the blanks in the sentences below.
The rate sources in Fusion PPM are based on the Schedule Types specified on the Invoice and Revenue Methods. If the schedule type is Labor Schedule, Bill Rate, then a valid rate source would be ____________ or _______.

A) Burden schedule
B) Employee bill rate schedule
C) Labortransfer price schedule
D) Labor burden schedule
E) Job billrate schedule

3. Your client has expressed a desire to produce and summarizeinvoice lines for non-labor transactions type or expenditure, based on the high level tastes of the project. Which invoice format grouping should be used to achieve this?

A) Top Task,Expenditure Type
B) TopTask. Revenue Category, Expenditure Category, Expenditure Type
C) Top Task,Expenditure Category
D) Top Task,Employee
E) Revenue Category, ExpenditureCategory, Top Task

4. Identify two important aspects of the Non-Labor Bill Rate Schedules.

A) They are job-based rate schedule
B) Theyallow expenditure types to be used along with arateor a markup percent.
C) They are expenditure Type based rate schedules
D) They do not allow the mark up percentage to be O.

5. Identify two unique characteristics of a business unit in Fusion PPM.

A) It is defined centrally and acts as a partition for securing transaction-related data.
B) It can exist in more than one Ledger.
C) It often represents Project line of business.
D) It is an Anchor for sharing the reference data across applications.

Solutions: