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Oracle Fusion Procurement 2014 Essentials Sample Questions:
1. A supplier has one corporate site location and three other site locations from where they supply goods to your client locations. Each site must have its own contract for negotiating and they must be restricted from viewing each other's negotiations.
How would you configure this?
A) by giving the Procurement Agent role to the supplier contract
B) by giving the Supplier Administrator role to the supplier contract
C) by restricting supplier contract access to a specific supplier site
D) by restricting supplier contract access to Supplier Level
2. You have defined an attribute named"Years of Experience" in your negotiation. You have set up scores for acceptable value ranges, and would like to rate responses based on this score. On getting the responses from the participating suppliers, you observe that for a few suppliers, the score was not calculated. Identify the reason for this issue.
A) Sourcing does not support attribute definition.
B) The attribute "Years of Experience" was not marked asRequired, so thesupplier did not provide any value.
C) You already have a few suppliers definedin the system; therefore, the scoring did not take place.
D) The Negotiation type is RFI;therefore, scoring is optional.
3. You define a payment term Net 30 in the "Define Payment Terms" task. While configuring a supplier, you try to assign the payment term Net 30 to a supplier site but the list of values (LOV) is empty.
A) The payment term Net 30 is not active.
B) The payment term Net 30 is not defined at procurement options.
C) The supplier site is inactive.
D) The data set containing the payment term Net 30 is not assigned to the procurement BU.
4. Identify five business functions that must be configured in order to implement a complete Procure-to-Pay business process in Fusion Procurement.
A) Invoicing
B) Inventory
C) Receiving
D) Requisitioning
E) Purchasing
F) Payments
G) Incentive Compensation
5. Identify three profile options that are used to configure Self Service Procurement.
A) POR_DISPLAY_CATEGORY_ITEM_COUNT
B) PO_PRC_AGENT_CATEGORY_ASSIGNMENT
C) PO_DEFAULT_PRC_BU
D) PO_DOC_BUILDER_DEFAULT_DOC_TYPE
E) POR_SEARCH_RESULTS_SKIN
Solutions:
Question # 1 Answer: A | Question # 2 Answer: C | Question # 3 Answer: D | Question # 4 Answer: A,B,C,D,E | Question # 5 Answer: B,C,D |