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Updated: Sep 06, 2025

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Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

1. A customer is using Fusion Payables and Fusion Project Portfolio Management.
The customer has two suppliers setup with names X and Y respectively.
Supplier Y has been merged with supplier X. the supplier merge program is run from the supplier merge option in Fusion Payables and you have chosen to merge all transactions. What will happen to the supplier references on transactions related to supplier Y that are already interfaced to Fusion Project Portfolio Management?

A) The supplier merge program does not impact any supplier transactions that are already in Fusion PPM.
B) The supplier merge program completes with error.The merge is not possible because the transactions are already in Fusion PPM.
C) The transact Ions related to supplierX and Y will be deleted from Fusion PPM.
D) The supplier references to supplier Y will be modified to supplier X for all transactions existing in Fusion PPM.
E) The transaction related to Supplier Y will be deleted from Fusion PPM.


2. Select the true statement related to Descriptive Flex fields and OTBI in Fusion Applications.

A) Through specific configurations, Descriptive Flex fields can be made to show the "BI Enabled"flag.
B) Descriptive Flex fields cannot be "BI enabled" and only custom subject areas need to be created.
C) Only a restricted set of predefined Descriptive Flex fields can be "BI Enabled".
D) All Descriptive Flex fields can be "BI Enabled"


3. You want to credit an invoice using the Cancel Invoice option. Which three prerequisites should be met for this to be possible?

A) Credit memo is created.
B) Invoice has no payments.
C) Invoice is released.
D) Invoicehas no adjustment or crediting Invoices applied to it.


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

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


5. Select the contract status in which the contract can be reverted to a pervious active version.

A) Underamendment status
B) In draft status
C) In pending acceptance status
D) Under amendment status and approved


Solutions:

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

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