Exam Code: 1z0-498
Exam Name: Oracle Fusion Project Portfolio Management 2014 Essentials
Updated: May 26, 2026
Q & A: 79 Questions and Answers
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1. You want to credit an invoice using the Cancel Invoice option. Which three prerequisites should be met for this to be possible?
A) Invoice is released.
B) Invoicehas no adjustment or crediting Invoices applied to it.
C) Invoice has no payments.
D) Credit memo is created.
2. From an OTBI reporting standpoint, the concepts of Facts, Dimensions, and Criteria are used. If you are running a report that provides "Revenue created by contract by day for the past month", which part of this report name represents the "Fact"?
A) by day
B) by contract
C) for the past month
D) revenue created
3. When implementing Project Performance Reporting, the client has provided the following scenario:
1.Every time the project cost is greater than or equal to a threshold, then the project should be shown as critical.
2.As long as the project cost is less than the threshold, the project should be shown as on-track.
Which Threshold Level Rule is the ideal candidate for this kind of KPI definition?
A) multiple threshold levels
B) single threshold level value
C) multiple threshold level value
D) single threshold level range
4. Select the appropriate option to fill in the blank below.
A person is allowed to remove transactions when the Project Invoice status is _____
A) Transferred
B) Draft
C) Released
D) Accepted
5. Select the four duties the project administrator is entitled to, by default, in Budgeting and Forecasting.
A) submit versions
B) create versions
C) review versions
D) approve versions
E) generate versions
F) edit budget and forecast planning option
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: A | Question # 3 Answer: B | Question # 4 Answer: D | Question # 5 Answer: B,C,D,E |
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