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Oracle Project Management Cloud 2021 Implementation Essentials Sample Questions:

1. Whichthreeare part of using the Rapid Implementation for Project Financial Management Applications macro-enabled Microsoft Excel spreadsheet to enter setup data?

A) Prepare setup data.
B) Generate CSV files.
C) Upload setup data.
D) File Importand Export.
E) Import Projects.

2. You want tocreate a few project roles so as to restrict accessin the Project Financial Management work area to only the specific projects in which an employee is assigned as a team member. What are the two default project roles available to meet this requirement? (

A) Project Manager- Security based on Project Assignment
B) Project Billing Specialist- Security based on Contract BU
C) Project Team Member- Security based on Project Assignment
D) Project Executive- Security basedon Project Hierarchy
E) Project Accountant- Security based on BU for Assets, Expenditure BU for Costs and Contract BU for Revenue

3. 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) S
B) P
C) R
D) Q

4. You create a contract with two contract lines: Line 1 and Line 2. You create separate bill plans: A for contractLine 1 and B contract for Line 2, with a different bill set number (11 for Bill Plan A and 22 for Bill Plan B).
Then Bill Plan A is allocated against Project X - Task 10, and Bill Plan B is allocated against Project Y - Task
30.
Based on the preceding setup, you are generating invoices. Identify two correct statements about invoice generation in this scenario. (Choose two.)

A) Both the contract lines create only a single invoice because they are using the same contract.
B) Invoice generation does not depend on bill plan. The invoices are created based on the contract line.
C) Two invoices are created using the same contract.
D) Bill set number drives the grouping of transactions.

5. You want tocreate a few project roles so as to restrict accessin the Project Financial Management work area to only the specific projects in which an employee is assigned as a team member. What are the two default project roles available to meet this requirement? (

A) Project Manager- Security based on Project Assignment
B) Project Billing Specialist- Security based on Contract BU
C) Project Team Member- Security based on Project Assignment
D) Project Executive- Security basedon Project Hierarchy
E) Project Accountant- Security based on BU for Assets, Expenditure BU for Costs and Contract BU for Revenue

Solutions: