Exam Code: 1z1-498
Exam Name: Oracle Fusion Project Portfolio Management 2014 Essentials
Updated: May 29, 2026
Q & A: 79 Questions and Answers
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1. Identify two unique characteristics of a business unit in Fusion PPM.
A) It often represents Project line of business.
B) It can exist in more than one Ledger.
C) It is defined centrally and acts as a partition for securing transaction-related data.
D) It is an Anchor for sharing the reference data across applications.
2. Select two default planning options that are included when Financial Plan Types are created in Fusion PPM.
A) budget versions
B) forcecast versions
C) burdening versions
D) billing cycle version
3. Identify three true statements about Oracle BusinessIntelligence Applications.
A) Oracle Business Intelligence Applications ore not available for EBS,Peoplesoft,JD Edwards, andSieble.
B) Oracle Business IntelligenceApplications are built- on Oracle BusinessIntelligence EnterpriseEdition technology,
C) Oracle BusinessIntelligence Applications provide unlimited historical analysis, including trending and cross-domain insight
D) Oracle Businessintelligence Applications provide pre-packaged data warehouse, ETL, metrics, andinteractive dashboards.
4. Identify two predefined calendar types that can be utilized to create Period Profiles.
A) accounting calendar
B) weekly calendar
C) project accounting calendar
D) monthly calendar
5. 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 D
C) Option C
D) Option B
Solutions:
| Question # 1 Answer: B,D | Question # 2 Answer: A,B | Question # 3 Answer: A,C,D | Question # 4 Answer: B,D | Question # 5 Answer: C |
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