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Oracle Project Management Cloud 2023 Implementation Professional Sample Questions (Q30-Q35):

NEW QUESTION # 30
In a Project Draft Invoice preview, quantity (hours) and unit price (bill rate) are shown as fields on the invoice. Quantity and unit price are then used to calculate the line total, then the total price of the invoice. After the invoice is transferred or created in Receivables, the invoice detail has a quantity of 1, and a unit price equal to the line total. The detailed Unit Price/Quantity does not come through on the Receivables invoice.
Identify the correct statement about details in the receivables invoice. (Choose the best answer.)

A. The project sends the invoice header, invoice line description, and the invoice distributions to Receivables.
B. The project sends the invoice line description and the invoice distributions to Receivables, but not the invoice header.
C. The project sends only the invoice header to Receivables, not the invoice line description and distributions.
D. The project sends only the invoice header and invoice line description to Receivables, not the invoice distributions.

Answer: D

Explanation:
When a project invoice is transferred or created in Receivables, the project sends only the invoice header and invoice line description to Receivables, not the invoice distributions. The invoice distributions contain the detailed information such as quantity, unit price, and line total. Therefore, the Receivables invoice does not show these details, but only shows a quantity of 1 and a unit price equal to the line total. https://docs.oracle.com/en/cloud/saas/project-portfolio-management/20c/oapfm/manage-project-invoices.html#OAPFM2355931

NEW QUESTION # 31
Stigma consulting has been hired by a client to implement Project Management Cloud. Which role should they assign to a user for using the rapid implementation feature to set up the Project Financial Management offering by populating and uploading a Microsoft Excel workbook?

A. Project Administrator
B. Project Application Administrator
C. Project Integration Specialist
D. Project Executive

Answer: C

Explanation:
The Project Integration Specialist role should be assigned to a user for using the rapid implementation feature to set up the Project Financial Management offering by populating and uploading a Microsoft Excel workbook. This role allows the user to access the Functional Setup Manager and perform the common setups for project costing and billing using predefined templates and spreadsheets. The user can also monitor and validate the setup data using reports and dashboards. https://docs.oracle.com/en/cloud/saas/project-portfolio-management/20c/oapfm/implement-project-financial-management-applications.html#OAPFM2356151

NEW QUESTION # 32
Your organization has a requirement to retrieve the value of the cost center segment based on the department.
Which source can you use while defining the account rule to achieve this requirement?

A. Expenditure Organization Cost Center Segment
B. Project Organization Cost Center Segment
C. Expenditure Business Unit Cost Center Segment
D. Event Organization Cost Center Segment

Answer: A

Explanation:
The source that can be used while defining the account rule to achieve this requirement is Expenditure Organization Cost Center Segment. This source allows you to retrieve the value of the cost center segment based on the expenditure organization of the transaction. The expenditure organization is an attribute of a transaction that represents the organization that incurs or owns the cost of the transaction.

NEW QUESTION # 33
Which application generates external roles to grant both function and data security?
(Choose the best answer.)
Response:

A. Functional Setup Manager
B. Authorization Policy Manager
C. Oracle Identity Manager
D. Business Process Manager

Answer: C

NEW QUESTION # 34
Your customer has separate organizations to maintain indirect, capital, and billing types of projects.
Identify the two setups that can be used to fulfill this requirement.

A. Project Type
B. Business Unit
C. Project Accounting Business Function
D. Organization Tree
E. Project Organization Classification

Answer: E

Explanation:
Reference https://docs.oracle.com/cloud/latest/projectcs_gs/FAPFM/FAPFM1225328.htm

NEW QUESTION # 35
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