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Oracle Fusion Project Portfolio Management 2014 Essentials - 1z0-498 real prep

1z0-498
  • Exam Code: 1z0-498
  • Exam Name: Oracle Fusion Project Portfolio Management 2014 Essentials
  • Updated: Jun 05, 2026
  • Q & A: 79 Questions and Answers
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Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

1. Select the appropriate phrase to fill in the blanks below.
Non-exclusive relationships between multiple projects and tasks with contracts and contract lines is a capability delivered by using_________

A) Project Contract-based billing
B) Project Contract Collection Center
C) Contract Team Connect
D) Project Contract-based costing


2. Identify the true statement regarding an expenditure item.

A) An expenditureitem can be adjusted only on the capitalizable attributes of a transaction.
B) An expenditure item con be adjusted only on the billableattributes of atransaction.
C) An expenditure item can be adjusted on both billable and capitalizeable attributes of a transaction.
D) An expenditure Item cannotbe adjusted on any attributes of transcation.


3. 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) Specify Billing cycles
C) Define Project Billing DescriptiveFlex Fields
D) Specify Override reasons


4. Select the true statement related to Descriptive Flex fields and OTBI in Fusion Applications.

A) Only a restricted set of predefined Descriptive Flex fields can be "BI Enabled".
B) Descriptive Flex fields cannot be "BI enabled" and only custom subject areas need to be created.
C) All Descriptive Flex fields can be "BI Enabled"
D) Through specific configurations, Descriptive Flex fields can be made to show the "BI Enabled"flag.


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

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


Solutions:

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

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