Oracle Fusion Project Portfolio Management 2014 Essentials : 1z1-498

  • Exam Code: 1z1-498
  • Exam Name: Oracle Fusion Project Portfolio Management 2014 Essentials
  • Updated: Jul 22, 2026
  • Q&As: 79 Questions and Answers

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Oracle 1z1-498 Exam Syllabus Topics:

SectionObjectives
Topic 1: Common Project Configuration
Topic 2: Fusion Functional Setup Manager
Topic 3: Project Team Connect
Topic 4: Configure Fusion Project Costing
Topic 5: Configure Project Templates
Topic 6: Oracle Fusion Applications Security Overview
Topic 7: Fusion Project Portfolio Management Overview
Topic 8: Configure Project Performance Reporting
Topic 9: Configure Fusion Project Control
Topic 10: Configure Fusion Project Foundation
Topic 11: Configure Fusion Project Billing
Topic 12: Fusion Project Reporting
Topic 13: Configure Fusion Common Applications
Topic 14: Project Integration Gateway

Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

1. Select two important features of Standard Cost Collection Flex field.

A) disintegrated means to capture, store, display, query, and reportproject-related attributes in their respective applications
B) unique project costcollection requirements thatare configured centrally
C) allows customers to validate, calculate cost, and import any type of transactions that are captured internally or externally using a single process
D) unique I-reject cost collection requirements that are presented differently acrossall applications


2. Identify which item is editable at the Project level

A) Default FinancialType
B) Multiple Transaction Currencies
C) Workflows
D) Third-party Scheduling
E) Planning Amount


3. You have created a Financial Plan type where the planning amount option is set as cost amounts only.Based on this information identify two true scenarios.

A) All budget versions created for the financial plan type contain only cost amounts.
B) Allbudget versioncreatedfor the financial plan typecontainonly cost amounts and margin.D.All forecast versions created for the financial plan type contain only cost amounts and margin
C) All forecast versions created for the financial plan typecontainonly cost amounts.


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


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

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


Solutions:

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

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