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Oracle Project Management Cloud 2025 Implementation Professional Sample Questions:

1. A consulting services company is currently working on a business transformation project for your client that spans over 10 months. The total contract amount is 250000 USD. They have generated a revenue of 25000 USD and an Invoice of 10000 USD at the end of the first period.
The accounting entry for revenue is:

and accounting entry for invoice is:

What will be the accounting entry when you reclassify the billing offset balances in the first period?

A) Dr Accounts Receivables 10000 -
Cr Unbilled Receivables 10000
B) Dr Deferred Revenue 10000 -
Cr Unbilled Receivables 10000
C) Dr Unbilled Receivables 10000 -
Cr Accounts Receivables 10000
D) Dr Accounts Receivables 10000 -
Cr Revenue 10000

2. Where should you specify the Default Capitalized Interest Rate Schedule?

A) Manage Expenditure Type page
B) Manage Project Plan Type page
C) Manage Capitalized Interest Rate Schedules page
D) Manage Capitalized Interest Rates page
E) Manage Project Type page

3. Your organization performs revenue recognition based on the Labor and Non-labor Burden schedule types.
Identify the setup required to enable this kind of revenue recognition. (Choose the best answer.)

A) Create a revenue method with a revenue method classification of Rate Based.
B) Create a revenue method classification with a revenue method of Percent Spent.
C) Create a revenue method classification with a revenue method of Percent Complete.
D) Create a revenue method with a revenue method classification of Amount Based.

4. Which product offering enables non-exclusive relationships between multiple projects and tasks with contracts and contract lines? (Choose the best answer.)

A) Project Contract Collection Center
B) Project Contract-based costing
C) Project Contract-based billing
D) Contract Team Connect

5. Stigma Consulting wants to implement the program management capability to coordinate and track their strategic programs.
Which three components are required to configure the program options as part of implementing the program management capability? (Choose three.)

A) Calendar
B) Derivation Methods
C) Currencies
D) Calculation Methods
E) Accounting Methods

Solutions: