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Updated: Jul 20, 2026
Q & A: 138 Questions and Answers
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| Section | Objectives |
|---|---|
| Program Management | - Manage programs and reporting
|
| Project Costing | - Manage project costing configuration
|
| Functional Setup Manager | - Configure implementation setup
|
| Applications Security | - Manage security configuration
|
| Project Control | - Manage project planning and forecasting
|
| Project Resource Management | - Configure resource management
|
| Navigation, User Experience, Personalization, and Approvals | - Manage approvals and workflows
|
| Project Billing | - Configure project billing and revenue
|
| Project Management | - Manage project execution
|
| Project Management Overview | - Describe the components of Oracle Project Management Cloud
|
| Project Foundation | - Configure foundational project structures
|
| Project Performance Reporting | - Configure reporting and KPI tracking
|
| Common Project Configuration | - Configure enterprise project settings
|
1. Your customer wants to calculate Estimate to Complete (ETC) as the difference between Current Planned Cost and Actual Cost. In Progress Settings, which option would you use in conjunction with the ETC method to meet this requirement? (Choose the best answer.)
A) Cost
B) Effort
C) Remaining Plan
D) Manual Entry
2. As you go through the first-quarter close for your customer, you notice that the burden amounts calculated do not seem to be right. Based on the calculations, you notice that the amounts calculated are not considering the burden schedule override at a task level, which was done during the second month of the quarter.
What is the reason for this problem?
A) Only new expenditure items charged to the task use the new burden schedule; expenditure items processed earlier can be manually marked for reprocessing.
B) You can enable automatic reprocessing of expenditure items processed before the burden schedule change.
C) Only new expenditure items charged to the task use the new burden schedule; expenditure items processed earlier cannot be reprocessed.
D) All expenditure items charged to the task use the new burden schedule.
3. 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) Event Organization Cost Center Segment
D) Expenditure Business Unit Cost Center Segment
4. A consulting services company is currently working on a business transformation project for your client that spans over 10 months. The total contract amount is 250000 USD. They have generated a revenue of 25000 USD and an Invoice of 10000 USD at the end of the first period.
The accounting entry for revenue is:
and accounting entry for invoice is:
What will be the accounting entry when you reclassify the billing offset balances in the first period?
A) Dr Unbilled Receivables 10000 -
B) Dr Accounts Receivables 10000 -
C) Dr Accounts Receivables 10000 -
D) Dr Deferred Revenue 10000 -
5. Your organization has a requirement to create and apply a new theme for the application user interface.
Which option allows you to achieve this requirement?
A) Appearance Page
B) Setup and Maintenance Work Area
C) Structure Page
D) User Interface Text
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: D | Question # 3 Answer: A | Question # 4 Answer: B | Question # 5 Answer: D |
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