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Qustion No. 1
An organization uses Oracle Projects and has fully installed Oracle Human Resources. Which statement does not apply to this scenario?
A. Employees can be entered and maintainedin Oracle Projects.
B. Jobs can be setup in Oracle Projects.
C. Organizations can be defined In Oracle Projects.
D. Organization Hierarchiescan be defined in Oracle Projects.
E. WorkerAssignments can be viewed in Oracle Projects.
Answer: D
Explanation:
Note:
*Oracle Projects fully integrates with Oracle Human Resources to keep track of employees
and information relevant to them, such as bill rates and mailing address.
Qustion No. 2
A project manager would like to find out how much event revenue was accrued against a project up to and including a specific date. Where would this information be available?
A. Events form within Project Status Inquiry
B. Accrued revenue withinExpenditure Inquiry Form
C. Revenue ReviewForm
D. ReviewProjectFundingForm
Answer: A
Explanation: Project Status Inquiry
You can quickly and easily review the current status of a project, and then drill down for a more detailed review of the project and its tasks. It enables you to search for a project using search criteria. You can review project, task, and resource summary amounts, and actual and commitment amounts using a different resource list.
Oracle Projects maintains various levels of project summary amounts for cost, commitment, revenue, and budget amounts by project, task, and resource. You can review project summary amounts to quickly determine the status of a project, such as reviewing the current and originalbudgeted amounts and compare them to actual and commitment amounts. You can drill down to see summary amounts for the resources of the project or the selected task. You can select a resource list by which you want to view actuals and budgets. In addition, you can export project status inquiry data into an Excel spreadsheet for further analysis.
Qustion No. 3
A company has multi-currency projects and tasks. What is the hierarchy in which the currency attributes are allocated to a transaction?
A. Project,Task
B. Implementation Options, Project,Task
C. Task,Project, Implementation Options
D. Task,Implementation Options, Project
Answer: B
Explanation:
Note:
Setting up Multi-Currency Transactions
To set up your system to process multi-currency transactions, perform the following steps:
*Implementation Options
Use the Currency Implementation Options to control the default values for currency
attributes at the operating unit level. Oracle Projects uses the currency attributes to
calculate currency exchange rates. See: Currency Implementation Options.
*Currency For each project for which you want to process multi-currency transactions, set up the
Currency options in the project and task options window. This option enables you to enter default currency attributes for a project. See: Currency, Oracle Projects Fundamentals. *Cross Charge You can use the Cross Charge Options to specify whether the project can accept charges from other operating units. See: Cross Charge Setup, Oracle Projects Fundamentals.
*Task Currency and Cross Charge Options
*You can use the Task Currency and Cross Charge Options to override the costing currency conversion attributes and cross charge options in a lowest task. See: Currency, Oracle Projects Fundamentals and Cross Charge Setup, Oracle Projects Fundamentals.
*Transaction Entry and Transaction Import
During Transaction Entry and Transaction Import, you can override the project and task currency attributes. See: Entering Expenditures, Oracle Project Billing User Guide and Currency Conversion Attributes for Imported Transactions, Oracle Projects APIs, Client Extensions, and Open Interfaces Reference.
Reference:Oracle Projects Implementation Guide
Qustion No. 4
A customer requires budgetary Integration with General Ledger for what will function as an “Approved Cost” budget. The customer also wants project managers to maintain cost budgets derived from the Staffing Plan maintained in the workplan. Which budgeting approach will support this requirement?
A. Forms based "Approved Cost" budget and Forms based "Staffing Plan" budget.
B. FinancialPlan-based "Approved Cost" budget and Financial Plan-based "Staffing Plan" budget
C. Forms-based "Approved Cost" budget and financial Plan-based "Staffing Plan" budget
D. FinancialPlan-based "Approved Cost" budget and Forms-based "Staffing Plan" budget
Answer: D
Qustion No. 5
In a manufacturing company, there is a need to define 50 different jobs for engineers in Human Resources. For those 50 jobs, Oracle Projects has only 20 equivalent jobs for Billing.
What functionality do you use to link these Human Resources and Projects jobs?
A. Job Groups
B. Job Families
C. Job Mapping
D. JobLevels
E. Job Hierarchy
Answer: A
Explanation: Organizations within your enterprise are not required to use the same job definitions. You can define job groups for specific purposes and define unique jobs for each group. You can then map a job from one group to a job in another group. For example, the job titles you need for your European operating units may be different from the job titles you need for your U.S. operating units. For global projects you can define a global job set and map your European and U.S. jobs to the appropriate global jobs. These global jobs can then be used by your global projects to provide accurate and consistent billing and reporting.
Reference:Oracle Projects Fundamentals,Jobs Overview
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