Oracle 1z1-498 Q&A - in .pdf

  • 1z1-498 pdf
  • Exam Code: 1z1-498
  • Exam Name: Oracle Fusion Project Portfolio Management 2014 Essentials
  • Updated: Sep 18, 2026
  • Q & A: 79 Questions and Answers
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  • Updated: Sep 18, 2026
  • Q & A: 79 Questions and Answers
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  • Exam Code: 1z1-498
  • Exam Name: Oracle Fusion Project Portfolio Management 2014 Essentials
  • Updated: Sep 18, 2026
  • Q & A: 79 Questions and Answers
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1z1-498 Practice Dumps

Oracle 1z1-498 Exam Syllabus Topics:

SectionObjectives
Project Portfolio Management Fundamentals- Overview of Oracle Fusion Project Portfolio Management
  • 1. Key concepts and terminology
    • 2. Business flow and solution architecture
      - Project Lifecycle Management
      • 1. Project planning and execution overview
        • 2. Project creation and definition
          Reporting and Analytics- Project reporting tools
          • 1. Dashboard and KPI concepts
            • 2. Standard financial and project reports
              Project Resource Management- Resource pools and staffing
              • 1. Resource assignment process
                • 2. Role-based staffing concepts
                  Project Costing and Financial Management- Costing setup and configuration
                  • 1. Cost organizations and expenditure types
                    • 2. Cost collection and distribution rules
                      - Billing and revenue management
                      • 1. Revenue recognition basics
                        • 2. Invoice generation concepts
                          Project Execution and Control- Project monitoring and control
                          • 1. Issue and change management overview
                            • 2. Progress tracking and reporting

                              Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

                              Question #1

                              Identify two transactions that are treated as Commitment transactions in Oracle Fusion Portfolio Management.

                              • A. received goods on a project that are not yet transferred or imported into Oracle Fusion PPM
                              • B. projectrelated invoices that are accounted and interfaced into Oracle Fusion PPM
                              • C. invoices transferred to Fusion Assets
                              • D. purchase order changed to a project
                              Reveal Solution  Discussion  0

                              Correct Answer: B,D  🗳️

                              Question #2

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

                              • A. Contract Currency
                              • B. Project Currency
                              • C. Project Ledger Currency
                              • D. Reporting Currency
                              Reveal Solution  Discussion  0

                              Correct Answer: C,D  🗳️

                              Explanation: Only visible for Prep4sureExam members. You can sign-up / login (it's free).

                              Question #3

                              You want to credit an invoice using the Cancel Invoice option. Which three prerequisites should be met for this to be possible?

                              • A. Invoicehas no adjustment or crediting Invoices applied to it.
                              • B. Credit memo is created.
                              • C. Invoice has no payments.
                              • D. Invoice is released.
                              Reveal Solution  Discussion  0

                              Correct Answer: B  🗳️

                              Question #4

                              CORRECT TEXT
                              Select the correct option to fill in the blank below.
                              If revenue is recognized before billing, the accounting entry that gets triggered would be _________.

                              • A. Option A
                              • B. Option B
                              • C. Option C
                              • D. Option D
                              Reveal Solution  Discussion  0

                              Correct Answer: C  🗳️

                              Question #5

                              Choose the correct statement related to the project start and end dates.

                              • A. If the task dates roll up the task hierarchy automatically, then the project dates can be edited.
                              • B. In an auto roll up of task dates, the project start date does not coincide with the earliest task.
                              • C. In an auto roll up of task dates, the project start date does not coincide with the latest task finish date.
                              • D. If the task dates roll up the task hierarchy automatically, then the project dates cannot be edited.
                              Reveal Solution  Discussion  0

                              Correct Answer: B  🗳️

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