Oracle : 1z0-498 Questions & Answers

Last Updated: Jun 13, 2026

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Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

1. 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 B
B) Option D
C) Option A
D) Option C


2. Select three options included in Project Billing for Contract Types.

A) Billing Controls
B) Interprojcet
C) Intercompany
D) Burdened Costs


3. Identify which item is editable at the Project level

A) Planning Amount
B) Default FinancialType
C) Workflows
D) Third-party Scheduling
E) Multiple Transaction Currencies


4. Identify two possible statuses available for reviewing the allocation transaction, after having run the Generate Allocations process in Fusion PPM.

A) release in progress
B) draft success
C) release Failure
D) draft failure
E) deletion in progress


5. Identify two unique characteristics of a business unit in Fusion PPM.

A) It is defined centrally and acts as a partition for securing transaction-related data.
B) It is an Anchor for sharing the reference data across applications.
C) It can exist in more than one Ledger.
D) It often represents Project line of business.


Solutions:

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

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