QUESTION:110
Identify five business functions that must be configured in order to implement a
complete Procure-to-Pay business process in Fusion Procurement.
A. Purchasing
B. Inventory
C. Requisitioning
D. Payments
E. Invoicing
F. Receiving
G. Incentive Compensation
Answer: A, B, C, E, F
Reference:
http://www.oracle.com/technetwork/fusion-apps/procurement-1578343.pdf
QUESTION:111
An automobile parts manufacturer has decided to implement only the Cloud Purchasing
product from the Oracle Procurement Cloud pillar. Which setup component will not be
required for this implementation?
A. Purchasing Line Types
B. Negotiation template
C. Procurement Agents
D. Document Styles
E. Procurement Business Function
Answer: B
Explanation:
IncorrectAnswers:
C, E: The following tasks are associated with defining Purchasing configuration using
the rapid implementation approach:
D: Purchase order documentstyles allow organizations to control the look and feel of the
purchasing document in the application to match its business usage.
References:
https://docs.oracle.com/cloud/farel8/procurementcs_gs/FASUP/F1175423AN1
242E.htm
QUESTION:112
Self Service Procurement uses Browsing categories to help users to search for desired
items. Which statement is true?
A. Item catalog/categories are defined via Procurement Content Management, whereas
Browsing categories are defined via Functional Setup Manager.
B. Both Item and Browsing categories can be imported only via ADFDi. There is no
front-end Fusion UI for these.
C. Item catalog/categories are defined via Functional Setup Manager, whereas Browsing
categories are defined via Procurement Content Management.
D. Both Item and Browsing categories can be imported only via the front-end Fusion UI.
Answer: C
QUESTION:113
While creating a Purchase Order, you observe that the system is defaulting Net 30 as the
payment term instead of the intended payment term Net 15.
Identify two ways to achieve the desired defaulting.
A. Update Net 15 in procurement options and Net 30 for the supplier site.
B. Set net 15 for the supplier site.
C. SetNet 30 for the supplier site and leave the payment term blank in procurement
options.
D. Update Net 15 in procurement options and leave the payment term blank for this
supplier at all levels.
Answer: B, C
QUESTION:114
Select two document sequencing setups that are performed in the �Configure
Requisitioning Business Function� task.
A. Next Agreement Number
B. Next Requisition Number
C. Next Negotiation Number
D. Next Purchase Order Number
E. Next Receipt Number
Answer: B, D
Explanation:
e Procurement Application Administrator has access to the Configure Requisition
Business Function page for setting up a business unit that has a requisitioning business
function associated with it. The attributes specified here are used to default values and
behavior of the application when users are creating requisitions and purchase orders for
the requisitioning BU.
Reference:
https://docs.oracle.com/cd/E56614_01/procurementop_gs/OAPRO/F1061043AN3FFA8
.ht m
QUESTION:115
A customer�s procurement managerhas the authority to approve office supply Purchase
Orders up to $6,600.00. For all other types of Purchase Orders, there is no approval
hierarchy. The customer is located in Kandy and the purchasing category for office
supplies is Office Supplies. The COA (Chart of Accounts) format is: Company.Business
Unit.Cost Center.Account. The future and segment values are 01 for the company, 220
for the Business Unit, 339 for the cost center, 67887 for the account, and the future is
always 000000. Identify the approval group setup that would enable this purchasing
practice.
A. Set the Document Total object to include an amount limit of $5,000.00.
B. Document Total: Amount Limit= $0.00Account Range: Amount Limit =
$6,600Account Range: From: 01.220.339.67887.000000 To:
01.220.339.67887.000000Category Range: Amount Limit = $6,600Category Range:
From: Office.Supplies To:
Office.SuppliesRequisition Document Type setup = �Owner can Approve�
C. Document Total: Amount Limit = $6,600.00Location: Amount Limit = $6,600 and
Location = KandyCategory Range:Amount Limit = $10,000Category Range: From:
X.Supplies To: Office.Supplies
D. Document Total: Amount Limit = $0.00Account Range: Amount Limit =
$6,600Account Range: From: 01.220.339.67887.000000 To:
01.220.339.67887.000000Category Range: Amount Limit = $6,600Category Range:
From: Office.Supplies To: Office.Supplies
E. Document Total: Amount Limit = $0.00Account Range: Amount Limit =
$6,600Account Range: From: 01.220.339.00000.000000 To:
01.220.339.99999.000000Location: Amount Limit = $5,000 and Location = Kandy
Answer: B
QUESTION:116
An organization has been receiving incomplete Supplier Profile Data during the supplier
onboarding and qualification process. Identify the way to ensure that the required
Supplier Profile data is entered by a supplier during the qualification process.
A. Create an initiative with questions mapped to supplier attributes.
B. Create an initiative with questions classified by Subject.
C. Create an initiative with questions classified by Standards Organization.
D. Create an initiative with questions Responder Type is internal.
Answer: A
QUESTION:117
On completion of a Negotiation Award using a negotiation template, you are trying to
create a purchasing document and system provides you the option to create a Blanket
Purchase Agreement (BPA) only, whereas you expected to get an option to create a
Contract Purchase Agreement (CPA).Identify the reason for this.
A. The negotiation outcome is defined as �Blanket Purchase Agreement� in the
negotiation template.
B. The Business Function for the associated Business Unit is �Requisition Only� and did
notallow Purchase Agreement Generation.
C. The Profile Option PO_PRC_AGENT_CATEGORY_ASSIGNMENT is setto the
current user.
D. The negotiation outcome is defined as �Contract Purchase Agreement� in the
negotiation template.
Answer: D
Explanation:
Oracle Fusion Purchasingprovides the following purchase order types: purchase order,
blanket purchase agreement, and contract purchase agreement.
References:
Oracle Procurement Cloud Using Procurement (Release 9), page 131
QUESTION:118
Your customer is implementing the full suite of Cloud procurement. They would like to
know how best they can utilize the Contract Terms library. Identify three applications
from where users can access the Contract Terms library for setting up �contract terms�
for different documents.
A. Supplier Model
B. Self Service Procurement
C. Sourcing
D. Procurement Contracts
E. Purchasing
Answer: C, D, E
Explanation:
C: The procedure for conducting and awarding a two-stage RFQ in Fusion Sourcing
quote information includes contact terms.
D: Adding Contract Terms
IfOracle Fusion Procurement Contracts is installed and configured, you can access
contract information created and stored in Procurement Contracts and associate it with
your negotiation document. Such information could identify important deliverables or
contract clauses suppliers must provide along with the timeline governing the
deliverable management.
E: In Oracle Fusion Purchasing a purchase order can be created through an automated
process or entered manually. You can communicate your purchase orders andagreements
along with any amendments, attachments, contract terms, and contractual deliverables to
suppliers using print, fax, or e-mail.
References:
Oracle Procurement Cloud Using Procurement (Release 9), pages 155, 213, and 248
For More exams visit https://killexams.com
�
Kill your exam at First Attempt....Guaranteed!
No comments:
Post a Comment