PPM CERT QUESTIONS
WITH ALREADY
PASSED SOLUTIONS,
GRADED A+
PPM
Evatee 9/16/24 PPM
,PPM CERT QUESTIONS WITH ALREADY
PASSED SOLUTIONS, GRADED A+
1. Your administrator creates maintenance conditions on the Maintain Project
Enterprise Labor Resources page. An HCM person is included in a condition
with a process order value of 1 and, additionally, there are three other
conditions, all with a process order value of 10. Identify two correct statements
about the Maintain Project Enterprise Labor Resources process as it relates to
process order values. (Choose two.)
A. The process creates a resource by using the conditions with a process order
value of 10, but does not create more than one resource for the same person
even if subsequent conditions apply to the person.
B. For the three conditions that have the same process order value of 10, the
records are processed in ascending alphabetic order based on the condition
name.
C. For the three conditions that have the same process order value of 10, the
records are processed in ascending numeric order based on th Answer - A. The
process creates a resource by using the conditions with a process order value
of 10, but does not create more than one resource for the same person even if
subsequent conditions apply to the person.
B. For the three conditions that have the same process order value of 10, the
records are processed in ascending alphabetic order based on the condition
name.
,2. 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.
A. The application role relevant to the China business unit is not assigned to
the project accountant.
B. The project accountant is not assigned to the external role that grants
access to the China business unit.
C. The US and UK business units are linked to different ledgers than the China
business unit.
D. The China business unit is associated with a different legal entity than the US
and UK business units. Answer - B. The project accountant is not assigned to
the external role that grants access to the China business unit.
3. Your customer wants to calculate Estimate to Complete (ETC) as the
difference between Current Planned Cost and Actual Cost. In Progress Settings,
which option would you use in conjunction with the ETC method to meet this
requirement? (Choose the best answer.)
A. Effort
B. Cost
C. Manual Entry
, D. Remaining Plan Answer - B. Cost
4. You are implementing Project Portfolio Management (PPM) for a
professional services firm. The firm rents multiple buildings for its operations.
At the end of each month, they review the rent expense for the month and
want to allocate the rental cost to all the projects and tasks that are executed
by associates in each of the buildings. The source amounts must be
proportionally allocated to the tasks based on the raw costs of the tasks from
the previous month. Considering that all these costs are in General Ledger,
what three allocation setups should you complete in PPM? (Choose three.)
A. Allocate rental costs once each accounting period by using the "full"
allocation method.
B. Allocate to all eligible tasks and prorate the allocation by the total actual
raw cost accrued for each task during the previous accounting period.
C. Define allocation basis by using Actual Amounts with a project-to-date
amount class Answer - A. Allocate rental costs once each accounting period by
using the "full" allocation method.
D. Define allocation basis by using Actual Amounts with a period-to-date
amount class.
E. Allocate rental costs once each accounting period by using the "spread
evenly" allocation method
5. You have projects and tasks defined with transaction controls, which does
not allow certain types of charges to the project. Your business needs to create
invoices in AP with this project every period and hence would like to make the
WITH ALREADY
PASSED SOLUTIONS,
GRADED A+
PPM
Evatee 9/16/24 PPM
,PPM CERT QUESTIONS WITH ALREADY
PASSED SOLUTIONS, GRADED A+
1. Your administrator creates maintenance conditions on the Maintain Project
Enterprise Labor Resources page. An HCM person is included in a condition
with a process order value of 1 and, additionally, there are three other
conditions, all with a process order value of 10. Identify two correct statements
about the Maintain Project Enterprise Labor Resources process as it relates to
process order values. (Choose two.)
A. The process creates a resource by using the conditions with a process order
value of 10, but does not create more than one resource for the same person
even if subsequent conditions apply to the person.
B. For the three conditions that have the same process order value of 10, the
records are processed in ascending alphabetic order based on the condition
name.
C. For the three conditions that have the same process order value of 10, the
records are processed in ascending numeric order based on th Answer - A. The
process creates a resource by using the conditions with a process order value
of 10, but does not create more than one resource for the same person even if
subsequent conditions apply to the person.
B. For the three conditions that have the same process order value of 10, the
records are processed in ascending alphabetic order based on the condition
name.
,2. 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.
A. The application role relevant to the China business unit is not assigned to
the project accountant.
B. The project accountant is not assigned to the external role that grants
access to the China business unit.
C. The US and UK business units are linked to different ledgers than the China
business unit.
D. The China business unit is associated with a different legal entity than the US
and UK business units. Answer - B. The project accountant is not assigned to
the external role that grants access to the China business unit.
3. Your customer wants to calculate Estimate to Complete (ETC) as the
difference between Current Planned Cost and Actual Cost. In Progress Settings,
which option would you use in conjunction with the ETC method to meet this
requirement? (Choose the best answer.)
A. Effort
B. Cost
C. Manual Entry
, D. Remaining Plan Answer - B. Cost
4. You are implementing Project Portfolio Management (PPM) for a
professional services firm. The firm rents multiple buildings for its operations.
At the end of each month, they review the rent expense for the month and
want to allocate the rental cost to all the projects and tasks that are executed
by associates in each of the buildings. The source amounts must be
proportionally allocated to the tasks based on the raw costs of the tasks from
the previous month. Considering that all these costs are in General Ledger,
what three allocation setups should you complete in PPM? (Choose three.)
A. Allocate rental costs once each accounting period by using the "full"
allocation method.
B. Allocate to all eligible tasks and prorate the allocation by the total actual
raw cost accrued for each task during the previous accounting period.
C. Define allocation basis by using Actual Amounts with a project-to-date
amount class Answer - A. Allocate rental costs once each accounting period by
using the "full" allocation method.
D. Define allocation basis by using Actual Amounts with a period-to-date
amount class.
E. Allocate rental costs once each accounting period by using the "spread
evenly" allocation method
5. You have projects and tasks defined with transaction controls, which does
not allow certain types of charges to the project. Your business needs to create
invoices in AP with this project every period and hence would like to make the
