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Oracle project Accounting Interview Questions and Answers

What’s A Program and the way Is It joined to different Programs or Projects?

A program may be a project to that you’ll be able to link different connected comes. A program hierarchy consists of connected comes rolling up to the program through their task structures.

What will amount Represent For The Resource Classes?

For folks and instrumentation category resource assignments, amount is admire effort, whereas for Material Item and money part category resource assignments, amount refers on to the quantity things or parts used or consumed.

What square measure The Seeded Resource categories Available?

People, Equipment,  Material things and money parts

what’s needed For The Work Breakdown Structure (wbs) And Any Updates To The Wbs To Be Carried Through To The money Breakdown Structure (fbs) For totally Or part Shared Structures?

The operating version of the WP/WBS structure has got to be printed.   Note that the “PRC: method Structure Updates” method should be submitted once any modification is formed to the WBS structure (eg: like new project-task links for programs).

that square measure needed steps in Inventory module set up?

  1. a) All the six key flexfields i.e. Items, Item Catalog, Account Alias, Sales Order, locater and Item class
  2. b) Organizations
  3. c) modification Organizations
  4. d) Intercompany Relations
  5. e) Unit of live categories

f)Subunventories

g)Item Attribute Controls, Categories

h)Default class set

i)Item Statuses

  1. j) value sorts

k)Profile choices

l)Inventory Accounting Periods

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What does one mean by needed with Defaults Steps?

Required Step With Defaults means the setup practicality comes with pre-seeded, default values within the database; but, you must review those defaults /default values and choose whether or not to alter them to fit your business wants

Which square measure needed with Defaults Steps in Inventory module?

There aren’t any such steps in Inventory module

There is not any stock locater management in your Inventory organization.Do you still got to tack together it?

You need to not tack together the flexfield in an exceedingly specific manner however you want to still compile the Stock Locators key Flexfield as a result of all Oracle Inventory dealing and on-hand inquiries and reports need a frozen flexfield definition

what’s the utilization of a selecting rule?

When you decide unharness a sales order so as Management module , Order Shipping Execution module ( that could be a part of Order Management) submits requests to Oracle Inventory module that uses the data given in selecting rule to convey priority {to decide|to select|to choose} units of AN things so it generates pick lists for sales orders

wherever ought to Structures Be Setup?

Within project templates that permits utilise of their parameters and settings as defaults once getting into new comes.

so as to require Advantage Of Baseline, Approval And Publication practicality In Wps, together with Work Flow Notifications, what’s Required?

Enable Work arrange versioning within the Work arrange Structure data Page for project templates and comes.

are you able to apply material overheads to Average cost accounting Organization?

No, you’ll be able to not apply it to Average cost accounting Organization. but you’ll be able to apply it to plain cost accounting Organization

what’s a group action Action?

A group action action could be a predefined methodology of adjusting the number Associate in Nursingd/or location and/or price of an item. it’s employed in group action sort type

what number Predefined group action Actions square measure obtainable in Inventory module?

You may use one amongst six predefined group action actions: –issue from stores, subinventory transfer, direct organization transfer, intransit cargo, price update and receipt into stores.

Can you are doing Inventory transactions in previous periods?

Yes, you’ll be able to handle setting the profile choice INV: group action Date validation to supply warning once date in past amount or permit date in any open amount. It permits entry of a past date

are you able to amendment client item name or Item when you save it?

Yes, you’ll be able to amendment it if you’ve got set the profile choice INV: Updatable client Item to affirmative and INV: Updatable item to affirmative severally.

square measure monetary fund Controls utilized in Pjt?

No. monetary fund controls square measure utilized in Project cost accounting solely.

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what’s the utilization Of A Deliverable?

Deliverables enable you to outline and track the specified outputs a project or a particular task would force so as to with success complete them among an explicit amount of your time.

what’s Project Foundation?

Oracle Project Foundation provides the common foundation (functionality) shared across the merchandise within the Oracle Enterprise Project Management answer. the aim of Oracle Project Foundation is to package all the common components of Oracle comes into one place.

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what’s Project Resource Management?

Oracle Project Resource Management permits corporations to manage human resource preparation and capability for project work. designed victimization Oracle’s proved  self-service model, Oracle Project Resource Management empowers key project stakeholders, like project managers, resource managers, and staffing managers, to form higher use of their single most important asset: their individuals.

November 24, 2019
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