1Z0-498 Exam Tips

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Exam 1Z0-498
Exam Name Oracle Fusion Project Portfolio Management 11g Implementation Essentials
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Vendor Oracle
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Oracle 1Z0-498 Exam Sample Questions

Question: 3

Select two correct statements pertaining to project classifications on a template.

  1. There can be a maximum of 20classifications that are allowed for entry using Quick Entry.
  2. When a project is created from a template, the project classifications cannot be deleted or added
  3. A project classification is a mandatory field on a project template
  4. When a project is created from a template, the project classifications can be deleted or added


Answer: A,B

Question: 2

Identify two reference data objects forwhich the default setassignments can be done for a business unit set determinant.

  1. Project Definition
  2. Projecttransaction Types
  3. Project Rates
  4. ProjectAccounting Definition


Answer: B,D

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Question: 5

Identify the two currencies that Fusion PPM automatically converts transactions to, when a Financial Plan Type is enabled for planning in multiple currencies.

  1. Contract Currency
  2. Project Currency
  3. Project Ledger Currency
  4. Reporting Currency


Answer: C,D

Explanation:

Reference:

http://www.oracle.com/us/products/applications/fusion/project-portfolio-management/ppm-fusionproj-costing-ds-1557957.pdf

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Question: 5

Identify the two currencies that Fusion PPM automatically converts transactions to, when a Financial Plan Type is enabled for planning in multiple currencies.

  1. Contract Currency
  2. Project Currency
  3. Project Ledger Currency
  4. Reporting Currency


Answer: C,D

Explanation:

Reference:

http://www.oracle.com/us/products/applications/fusion/project-portfolio-management/ppm-fusionproj-costing-ds-1557957.pdf

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Question: 3

Select two correct statements pertaining to project classifications on a template.

  1. There can be a maximum of 20classifications that are allowed for entry using Quick Entry.
  2. When a project is created from a template, the project classifications cannot be deleted or added
  3. A project classification is a mandatory field on a project template
  4. When a project is created from a template, the project classifications can be deleted or added


Answer: A,B

Question: 2

Identify two reference data objects forwhich the default setassignments can be done for a business unit set determinant.

  1. Project Definition
  2. Projecttransaction Types
  3. Project Rates
  4. ProjectAccounting Definition


Answer: B,D

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