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Oracle 1Z0-498 Exam Sample Questions

Question: 2

Identify two reference data objects forwhich the default setassignments can be done for a business unit set determinant.

  1. Project Definition
  2. Projecttransaction Types
  3. Project Rates
  4. ProjectAccounting Definition


Answer: B,D

Question: 1

In your project, during the Project Business Unit implementation, you have set the project accounting calendar to the accounting calendar and you also selected the option to maintain common accounting and project accounting periods. In such a case, which application area is the project period status managed in?

  1. Fusion General Ledger only
  2. US I onProject Portfolio Managementonly
  3. Both Fusion General Ledger and Fusion Project PortfolioManagement
  4. In either Fusion Project Portfolio Management or in Fusion GL


Answer: D

Explanation:

Reference:

http://www.oracle.com/us/products/applications/fusion/project-portfolio-management/ppm-fusionproj-costing-ds-1557957.pdf

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Question: 3

Select two correct statements pertaining to project classifications on a template.

  1. There can be a maximum of 20classifications that are allowed for entry using Quick Entry.
  2. When a project is created from a template, the project classifications cannot be deleted or added
  3. A project classification is a mandatory field on a project template
  4. When a project is created from a template, the project classifications can be deleted or added


Answer: A,B

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Question: 1

In your project, during the Project Business Unit implementation, you have set the project accounting calendar to the accounting calendar and you also selected the option to maintain common accounting and project accounting periods. In such a case, which application area is the project period status managed in?

  1. Fusion General Ledger only
  2. US I onProject Portfolio Managementonly
  3. Both Fusion General Ledger and Fusion Project PortfolioManagement
  4. In either Fusion Project Portfolio Management or in Fusion GL


Answer: D

Explanation:

Reference:

http://www.oracle.com/us/products/applications/fusion/project-portfolio-management/ppm-fusionproj-costing-ds-1557957.pdf

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Question: 2

Identify two reference data objects forwhich the default setassignments can be done for a business unit set determinant.

  1. Project Definition
  2. Projecttransaction Types
  3. Project Rates
  4. ProjectAccounting Definition


Answer: B,D

Question: 1

In your project, during the Project Business Unit implementation, you have set the project accounting calendar to the accounting calendar and you also selected the option to maintain common accounting and project accounting periods. In such a case, which application area is the project period status managed in?

  1. Fusion General Ledger only
  2. US I onProject Portfolio Managementonly
  3. Both Fusion General Ledger and Fusion Project PortfolioManagement
  4. In either Fusion Project Portfolio Management or in Fusion GL


Answer: D

Explanation:

Reference:

http://www.oracle.com/us/products/applications/fusion/project-portfolio-management/ppm-fusionproj-costing-ds-1557957.pdf