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NEW QUESTION # 117
Your client has implemented Oracle Cloud Applications with their United States business unit and United Kingdom business unit. After six months, they acquired another company in China and added a China business unit. A project accountant in your organization is authorized to access transactions for the US, UK, and China business units. The project accountant can see the transactions for the US and UK business units but not for the China business unit. Why is he not able to see the transactions for the China business unit? ( Choose the best answer.)
Answer: B
Explanation:
To access transactions for a business unit, the project accountant needs to be assigned to an external role that grants access to that business unit. The external role is defined by the security profile of the business unit and can be different for each business unit. The job role and the legal entity are not relevant for accessing transactions for a business unit. The ledger is relevant for accounting transactions, but not for project transactions. Reference: https://docs.oracle.com/en/cloud/saas/project-portfolio-management/20c/oapfm/set- up-project-financial-management.html#OAPFM2355903
NEW QUESTION # 118
Which four standard objects can you configure to include business specific attributes by using Application Composer for Project Execution Management? (Choose four.)
Answer: C,D,E,F
Explanation:
Application Composer is a tool that allows you to configure standard objects or create custom objects to include business specific attributes for Project Execution Management. Four of the standard objects that you can configure using Application Composer are:
* Project Gates: These are checkpoints that mark the completion of a phase or stage in a project lifecycle.
* Project Issues: These are problems or risks that affect the progress or outcome of a project.
* Project Milestones: These are significant events or achievements that indicate the status or completion of a project or task.
* Project Deliverables: These are products or services that are produced or provided as part of a project or task. Project Resource Request and Project Resource Assignment are not standard objects that you can configure using Application Composer. These are features that allow you to request and assign resources for projects and tasks based on various criteria such as availability, qualifications, preferences, etc. Reference: https://docs.oracle.com/en/cloud/saas/project-portfolio-management/20c
/oapfm/manage-project-execution.html#OAPFM2356201
NEW QUESTION # 119
Your client has decided to import time cards into Project Costing from Oracle Fusion Time and Labor. They have a requirement to make adjustments to time card entries whenever needed.
In which work area will the employees and contingent workers be able to modify their time cards?
Answer: A
Explanation:
The employees and contingent workers will be able to modify their time cards in the Time work area. This work area allows them to enter, review, edit, and submit their time cards for approval. They can also view the status and history of their time cards and make corrections as needed. The Time and Cost work area allows the project managers and cost accountants to review, adjust, and transfer time card transactions to projects and tasks. The Asset work area allows the asset managers and cost accountants to review, adjust, and transfer asset transactions to Oracle Fusion Assets. These work areas are not used by the employees and contingent workers to modify their time cards. Reference: https://docs.oracle.com/en/cloud/saas/project-portfolio-management/20c
/oapfm/manage-project-time-and-labor.html#OAPFM2356221
NEW QUESTION # 120
Your client uses Resource Breakdown Structures (RBS) and Resource Mapping to associate amounts to resources. After making some changes to the resources at project level, forecasts are regenerated. After reviewing the cost amounts associated with the resources, you suspect that the cost association does not match your client's expectations. Identify two valid rules based on which cost association works. (Choose two.)
Answer: B,D
Explanation:
Reference https://docs.oracle.com/cd/E37583_01/doc.1116/e22598/F458900AN13D82.htm How Resource Mapping Is Calculated You can track the cost impact of every resource that has been assigned to a project task and use the resource breakdown structure to view the breakdown of these costs. Oracle Fusion Projects associates the costs of the resources used for tasks with branches and levels in the resource breakdown structure. The process for determining the correct association is managed by rules of precedence.
Oracle Fusion Projects uses the following rules to associate cost amounts with resources:
* Select the lowest level in the resource breakdown structure to which a transaction can map.
* If there is only one level to which the transaction maps, the cost amounts are mapped to that level.
* If the transaction maps to more than one level, Oracle Fusion Projects sums the precedence numbers for all resource types in the branch and gives precedence to the resource element in the branch with the lowest sum.
* If more than one branch has the lowest precedence number at the lower level, the application uses the precedence number of the next level up.
* If the sum of precedence numbers is the same for more than one branch, precedence is given to the branch with the lowest number at the lowest level.
* If one branch contains a user-defined resource type, precedence is given to the branch that does not contain a user-defined resource type.
Note Oracle Fusion Projects gives more precedence to a lower precedence number. For example, a resource element with a precedence number of 1 is given precedence over a resource element with a precedence number of 10.
NEW QUESTION # 121
When scheduling the Update Project Performance Data process to run on a periodic basis, which summarization method would you select? (Choose the best answer.)
Answer: D
Explanation:
Reference https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19b/oapfm/define-project- organizations.html#OAPFM177674 Settings That Affect Performance Data Summarization You can summarize performance data for a project unit, business unit, a range of projects, or projects managed by a project manager. When you run the Update Project Performance Data process from the Scheduled Processes page, select one of the summarization methods from the following table:
Summarization Method
Usage
Incremental
Summarizes new transactions that are yet to be summarized
Delete and re-summarize
Correct summary data when the source system data changes outside the regular transaction flow.
Do not use this summarization method when you run the Update Project Performance Data Without Producing Report process unless you are advised to do so.
Resource breakdown structure
Migrate all summary data from one resource breakdown structure version to the next.
If you select this option, you must also specify the resource breakdown structure header.
NEW QUESTION # 122
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