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Oracle Project Management Cloud 2023 Implementation Professional Sample Questions:

1. Identify the three contract attributes from Project Performance Data that are used in Project Performance dashboard regions. (Choose three.)

A) Projects
B) Expenditure Type
C) Task
D) Contract Line
E) Contract Header

2. Your organization has created an Enterprise Project Structure (EPS) and your executives review the overall project labor demand by using the EPS.
Identify two correct statements about the periodic project labor demand.
Response:

A) Labor Demand FTE is calculated as Monthly Allocation hours divided by Monthly FTE hours, if a period is used as the basis for viewing labor demand.
B) Labor Demand FTE is calculated as Yearly Allocation hours divided by Yearly FTE hours, if a year is used as the basis for viewing labor demand.
C) Labor Demand FTE is calculated as Project Allocation hours divided by Project FTE hours, if project duration is used as the basis for viewing labor demand.
D) Labor Demand FTE is calculated as Quaterly Allocation hours divided by Quarterly FTE hours, if a quarter is used as the basis for viewing labor demand.

3. Your customer wants additional project information for detailed account balance maintenance, reconciliation, and reporting. Identify the configuration in subledger accounting that can be set up to fulfill this requirement. (Choose the best answer.)

A) Journal Rules
B) Accounting Rule
C) Supporting Reference
D) Accounting Method
E) Mapping Sets

4. Which two are the workflows in Project Financial Management?

A) Asset Line Generation
B) Project Status Change
C) Burden Cost Recalculation
D) Capital Interest Calculation
E) Expenditure Item Adjustment

5. 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.

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

Solutions: