Question 1

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.)

Options :

A : Accounting Method

B : Journal Rules

C : Supporting References

D : Accounting Rule

E : Mapping Sets

Answer: C

Question 2

Which product offering enables you to collaboratively plan and deliver projects by leveraging intuitive and integrated scheduling tools?

Options :

A : Resource Management

B : Project Control

C : Project Management

D : Project Costing

Answer: C

Question 3

A consulting services company is currently working on a business transformation project for your client that spans over 10 months. The total contract amount is 250000 USD. They have generated a revenue of 25000 USD and an Invoice of 10000 USD at the end of the first period. The accounting entry for revenue is:What will be the accounting entry when you reclassify the billing offset balances in the first period?

Options :

A : Dr Deferred Revenue 10000Cr Unbilled Receivables 10000

B : Dr Accounts Receivables 10000Cr Unbilled Receivables 10000

C : Dr Unbilled Receivables 10000Cr Accounts Receivables 10000

D : Dr Accounts Receivables 10000Cr Revenue 10000

Answer: C

Question 4

Which three file-based data imports are available for use in Oracle Project Portfolio Management Cloud?

Options :

A : Project Budgets

B : Project Tasks

C : Project Billing Events

D : Project Templates

Answer: A,B,C

Question 5

Identify the precedence order in which cost rates are determined for a planning resource when deriving raw costs for rate-based planning resources. (Choose the best answer.)

Options :

A : Override rate > Job rate schedule > Resource class rate schedule > Person rate schedule

B : Person rate schedule > Job rate schedule > Resource class rate schedule > Override rate

C : Job rate schedule > Resource class rate schedule > Override rate > Person rate schedule

D : Override rate > Person rate schedule > Job rate schedule > Resource class rate schedule

E : Resource class rate schedule > Override rate > Job rate schedule > Person rate schedule

Answer: D