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Oracle Project Management Cloud 2024 Implementation Professional Sample Questions (Q38-Q43):

NEW QUESTION # 38
Your client has implemented Oracle Cloud Applications with their United States business unit and United Kingdom business unit. After six months, they acquired another company in China and added a China business unit. A project accountant in your organization is authorized to access transactions for the US, UK, and China business units. The project accountant can see the transactions for the US and UK business units but not for the China business unit. Why is he not able to see the transactions for the China business unit? ( Choose the best answer.)

A. The JOB role relevant to the China business unit is not assigned to the project accountant.
B. The project accountant isnot assigned to the external rolethat grants access to the China business unit.
C. The China business unit is associated with a different legal entity than the US and UK business units.
D. The US and UK business units are linked to different ledgers than the China business unit.

Answer: B

Explanation:
To access transactions for a business unit, the project accountant needs to be assigned to an external role that grants access to that business unit. The external role is defined by the security profile of the business unit and can be different for each business unit. The job role and the legal entity are not relevant for accessing transactions for a business unit. The ledger is relevant for accounting transactions, but not for project transactions.Reference:https://docs.oracle.com/en/cloud/saas/project-portfolio-management/20c/oapfm/set-up- project-financial-management.html#OAPFM2355903

NEW QUESTION # 39
In your customer site, the capitalized interest calculation is implemented on their project types. Which option represents the costs considered in the interest calculation? (Choose the best answer.)

A. expenditure items whose cost spreads across multiple assets that are capitalized
B. expenditure items whose costs are applied to a single asset or multiple assets
C. expenditure type exclusions on the Capitalized Interest rate schedules
D. expenditure type exclusions on the Capitalized Interest rate name
E. common costs on the project/task

Answer: B

Explanation:
Reference: https://fusionhelp.oracle.com/helpPortal/topic/TopicId_P_988B43C997365159E040D30A68813832
https://docs.oracle.com/cd/E48434_01/fusionapps.1118/e49622/F1125377AN61D92.htm

NEW QUESTION # 40
Your customer wants to see how quantity, cost, and revenue amounts are automatically distributed by using Spread Curve. Identify two period options that are available for this purpose. (Choose two.)

A. Accounting Periods
B. PA Calendar
C. PA-GL Periods
D. Project Accounting Periods
E. Calendar Types

Answer: A,D

Explanation:
Reference: https://fusionhelp.oracle.com/helpPortal/topic/TopicId_P_87F467307D50416BE040D30A68816855 Spread curves let you distribute quantity, cost, and revenue amounts automaticallyacross accounting or project accounting periods. You assign a spread curve to each resource class. Planning resources (in the planning resource breakdown structure) inherit the spread curve setting from the associated resource class.
You can change the spread curve for the planning resource and for any corresponding task assignments, or budget or forecast lines.

NEW QUESTION # 41
You are set up as a Follower in Manage Tasks. Which two abilities can you accomplish? (Choose two.)

A. View task details and the task activity stream.
B. Edit task details.
C. Receive email notifications about changes that team members make to a task.
D. Enter progress for tasks.

Answer: A,C

Explanation:
Ref:https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19a/oapem/execute-project-tasks- and-deliverables.html#OAPEM1122082 Followers are persons who aren't working on the task but have an interest in reviewing the task progress. Only the resources and other followers can add followers to a task. If a resource assigns the task to another team member, the application automatically changes the original resource to a follower.
What's the difference between my tasks and tasks that I follow?
* You can edit task details and enter progress for your tasks on the Manage Tasks page. If a task has multiple resources, only the primary resource can edit the task.
* When you follow a task, you can view the task details and see the task activity stream. You receive e- mail notifications of changes that team members make to the task.
* If a resource reassigns the task to another team member, then the previous resource automatically becomes a follower.

NEW QUESTION # 42
You create a project schedule with a Shifts element. Identify two more elements that can be part of a project schedule. (Choose two.)

A. Exceptions
B. Accounting Calendar
C. Time Off
D. Workday Patterns
E. Expenditure Type

Answer: A,D

Explanation:
Reference: https://docs.oracle.com/cloud/latest/projectcs_gs/FAPFM/FAPFM1192914.htm Topic - Creating Calendars for Projects and Resources: Procedure Project Schedules are used as a base for project and resource calendars in Project Execution Management applications. The smallest scheduling unit is a day. For example, you can define the number of hours in a day but, you can't schedule work for a specific time of the day.
The following are the elements of a schedule:
* Shifts
* Workday patterns
* Exceptions

NEW QUESTION # 43
......

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