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Download Oracle : 1z0-498 Questions & Answers as PDF & Test Software

Updated: May 28, 2026

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Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

1. Identify the mandatory setup step under Project Invoicing options when you use Fusion Project Billing with Fusion receivables?

A) Specify unit of measure for invoicelines sent to Fusion receivables
B) Define Project Billing DescriptiveFlex Fields
C) Specify Billing cycles
D) Specify Override reasons


2. Select three options included in Project Billing for Contract Types.

A) Billing Controls
B) Intercompany
C) Interprojcet
D) Burdened Costs


3. Identify the statement that correctly describes how the Fusion PPM would handle a scenario in which someone attempts to import a configuration package into a instance of Fusion PPM where the implementation project name already exists.

A) There is no warning; however, the current Implementation project is replaced withthe contents on the new configuration package.
B) The upload program ends in error.
C) A warning is generated thatthe current implementation project currently in the system will be replaced by the new configuration package.
D) The upload program completes in success but does not update records.


4. Identify two restrictions that are applied by Oracle Fusion PPM, when exporting a new project from Microsoft Project.

A) You must generate a budget version and-create a baseline,
B) You must selecta source project of template
C) The primary planning resource breakdown structure associated with the projector template must allow changes at the project level.
D) A baseline for the projectplan must beset.
E) The source projector template must allowfor third-party scheduling.


5. Identify two statements that are true for Fusion Project Portfolio Management in relation to the Calendar and period management.

A) You can use the same calendar for both your project accounting and accounting.
B) Accounting periods are used to track budgets and forecasts, summarize project amounts for reporting, and track project status.
C) You can maintain the statuses of the periods independently, even in spite of using the same calendar.
D) By using the option of "Maintain common accounting and project accounting periods" you increase the period maintenance activity during the month end.


Solutions:

Question # 1
Answer: C
Question # 2
Answer: B,C,D
Question # 3
Answer: A
Question # 4
Answer: A,B
Question # 5
Answer: B,C

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