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Oracle Project Management Cloud 2023 Implementation Professional Sample Questions:

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

2. Identify three correct statements about project types.
(Choose three.)
Response:

A) Summarization options can be specified at project type.
B) Project type can be enabled for both billing and capitalization.
C) Project type can be used as a source in subledger accounting.
D) Project type can be associated with multiple project units.
E) Classifications can be assigned at project type.

3. Stigma Consulting wants to implement the program management capability to coordinate and track their strategic programs.
Which three components are required to configure the program options as part of implementing the program management capability? (Choose three.)

A) Accounting Methods
B) Calculation Methods
C) Currencies
D) Calendar
E) Derivation Methods

4. Select two correct statements about project classifications on a template.
Response:

A) Project Classification is a mandatory field on a project template.
B) Set Code is not required for a project class category in a project classification.
C) When a project is created from a template, the required project classifications must be entered.
D) Project class category in a project classification must be associated with a Set Code.

5. You want to export your project plan to Oracle Project Financial Management Cloud after initial scheduling is complete in Microsoft Projects.
Identify three conditions that must be met for exporting milestone tasks.
(Choose three.)
Response:

A) percent work complete values of 0 or 100 percent
B) lowest-level tasks set up with non-zero duration
C) lowest-level tasks set up with zero duration
D) only one labor resource assignment with 0 effort
E) only one labor resource assignment with 100 effort

Solutions: