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Oracle 1z0-498 Valid Braindumps - Oracle Fusion Project Portfolio Management 2014 Essentials

1z0-498
  • Exam Code: 1z0-498
  • Exam Name: Oracle Fusion Project Portfolio Management 2014 Essentials
  • Updated: Sep 13, 2026
  • Q & A: 79 Questions and Answers
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Oracle 1z0-498 Exam Syllabus Topics:

SectionObjectives
Project Execution and Control- Project monitoring and control
  • 1. Progress tracking and reporting
    • 2. Issue and change management overview
      Project Costing and Financial Management- Costing setup and configuration
      • 1. Cost organizations and expenditure types
        • 2. Cost collection and distribution rules
          - Billing and revenue management
          • 1. Revenue recognition basics
            • 2. Invoice generation concepts
              Project Portfolio Management Fundamentals- Overview of Oracle Fusion Project Portfolio Management
              • 1. Business flow and solution architecture
                • 2. Key concepts and terminology
                  - Project Lifecycle Management
                  • 1. Project creation and definition
                    • 2. Project planning and execution overview
                      Project Resource Management- Resource pools and staffing
                      • 1. Resource assignment process
                        • 2. Role-based staffing concepts
                          Reporting and Analytics- Project reporting tools
                          • 1. Standard financial and project reports
                            • 2. Dashboard and KPI concepts

                              Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

                              Question #1

                              Project Analytics in Fusion Applications provides the project commitment summary. Select three additional commitment sources provided by Project Analytics.

                              • A. Timecards
                              • B. Purchase Orders
                              • C. Requisitions
                              • D. PO Receipts
                              • E. Unaccounted Supplier Invoices
                              Reveal Solution  Discussion  0

                              Correct Answer: C,D,E  🗳️

                              Question #2

                              Identify four predefined "Resource Classes" to spread curves can be assigned.

                              • A. Financial Resource
                              • B. Labor
                              • C. Material Items
                              • D. Usage
                              • E. Equipment
                              Reveal Solution  Discussion  0

                              Correct Answer: A,B,C,D  🗳️

                              Question #3

                              CORRECT TEXT
                              Select the correct option to fill in the blank below.
                              If revenue is recognized before billing, the accounting entry that gets triggered would be _________.

                              • A. Option C
                              • B. Option D
                              • C. Option A
                              • D. Option B
                              Reveal Solution  Discussion  0

                              Correct Answer: A  🗳️

                              Question #4

                              Identify two transactions that are treated as Commitment transactions in Oracle Fusion Portfolio Management.

                              • A. invoices transferred to Fusion Assets
                              • B. received goods on a project that are not yet transferred or imported into Oracle Fusion PPM
                              • C. projectrelated invoices that are accounted and interfaced into Oracle Fusion PPM
                              • D. purchase order changed to a project
                              Reveal Solution  Discussion  0

                              Correct Answer: C,D  🗳️

                              Question #5

                              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?

                              • A. Both Fusion General Ledger and Fusion Project PortfolioManagement
                              • B. In either Fusion Project Portfolio Management or in Fusion GL
                              • C. US I onProject Portfolio Managementonly
                              • D. Fusion General Ledger only
                              Reveal Solution  Discussion  0

                              Correct Answer: B  🗳️

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