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

  • Exam Code: 1z1-498
  • Exam Name: Oracle Fusion Project Portfolio Management 2014 Essentials
  • Updated: Jun 15, 2026     Q & A: 79 Questions and Answers

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Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

1. Identify four predefined "Resource Classes" to spread curves can be assigned.

A) Material Items
B) Labor
C) Equipment
D) Usage
E) Financial Resource


2. Which software application licenses are required for planning revenue when setting up Financial Plan types?

A) Oracle Fusion Project Billing
B) Oracle Fusion Project Execution Management
C) Oracle Fusion Project Costing
D) Oracle FusionIntegration Gateway


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 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) allows customers to validate, calculate cost, and import any type of transactions that are captured internally or externally using a single process
C) unique project costcollection requirements thatare configured centrally
D) unique I-reject cost collection requirements that are presented differently acrossall applications


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

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


Solutions:

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

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