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.
Answer : B,C
During a Procurement Contract implementation, a customer would like to set up approvals for procurement contract documents. The customer has four departments and any contract needs to be approved by all the four department users.
Identify the configuration to fulfill this requirement.
Answer : B
Explanation:
Preapproval Header Consensus -
Approvals are routed in parallel for this participant. This participant is more commonly used in conjunction with approval groups. This participant requires approval from all approvers.
References:https://docs.oracle.com/cloud/latest/procurementcs_gs/OAPRO/OAPRO10610
36.htm#OAPRO1061036
During implementation, the transformation maps that are associated with external facing interfaces must be modified to map the _____.
Answer : A
Explanation:
At implementation time, the transformation maps that are associated with the external- facing interfaces must be modified to map the extensible flexfield attributes to the enterprise business object attributes.
References:http://docs.oracle.com/cd/E25054_01/fusionapps.1111/e20386/F476421AN2E
51E.htm
Your customer wants to configure four business units (BUs) as follows:
Identify an applicable setup to represent how the business unit is used.
Answer : A
Explanation:
Centralized payment processing enables you to implement a shared payment service model.
Under this model, a single "payment business unit" provides payment services to multiple
"invoice business units". Thatis, any business unit with the Payables Payment" businessfunction" can provide payment services to other business units with the Payables
Invoicing business function.
References:https://fusionhelp.oracle.com/helpPortal/topic/TopicId_P_F4FAD941BEF953E0
E040D30A68811F09 -
A replenishment requisition is created with the following details and imported through an open interface in Fusion Procurement:
-> Requisition date – 10/10/2012 (DD/MM/YYYY)
-> Requisition Business Unit (BU) – BU1
-> Item – AS16168
Identify the Blanket Purchase Agreement that the application would select to automatically create a Purchase Order.
Answer : C
During a Fusion Procurement implementation, you have been asked to provide View
Answer : A
When creating a non-catalog requisition, a requester checks the New Supplier checkbox.
By checking this checkbox, the user is ____.
Answer : A
What is required to make data available in Oracle Procurement Cloud Transactional
Business Intelligence graphs?
Answer : B
Explanation:
With Oracle Fusion Transactional Business Intelligence embedded analytics, role-based dashboards, and on-the- fly ad hoc reportingcapabilities make data access and interpretation easier than ever before. Users are able to see updates in real-time, and their impact, through embedded analytics. For example, during the compensation budgeting process, a manager is able to see a running tally for reference right on the page.
References:http://www.oracle.com/us/products/applications/fusion/hcm-fusion- transactional-bi-1543884.pdf
Your customer requires that any approved requisition needs to be reapproved whenever a buyer updates a catalog requisition line during requisition processing.
Identify the correct setup to fulfill this requirement.
Answer : B
Explanation:
Configure Requisition Business Function include:
Reapproval required for changes made during an active approval process is applicable when allowing approvers to modifya requisition when it is routed for approval. It controls whether the requisition must be sent back for reapproval when theapprover submits the modified requisition.
References: Oracle Procurement Cloud Using Procurement (Release 9), page 93
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.
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
At your client location, the marketing manager wants to run reports and analytics based on procurement subject areas, but he should not be able to view purchase orders. Which procurement role should you assign to him?
Answer : B
Your customer wants to use the Negotiations Online message functionality to interact with suppliers participating in a negotiation.
Identify three features of the Negotiation Online message functionality.
Answer : B,C,E
Explanation:
C: TheAttachments Flag is a flag that indicates the presence of an attachment that can be downloaded online.
E:The Category Manager may receive inquiries from a supplier asking for clarification about a negotiation requirement or line attribute. The Category Manger pauses the negotiation while she is conducting a discussion with the supplier.
References:https://docs.oracle.com/cd/E56614_01/procurementop_gs/OAPRC/F1007481A
N23290.htm#F1007449AN23359 -
In a Procurement implementation, your customer has a requirement for a given business unit to enable funds check on purchase orders. This requires that budgetary control be enabled.
What configuration must you complete to enable budgetary control in that business unit?
Answer : B
Your customer has requested you to set up a Procurement Business Unit to serve the procurement needs of various Requisitioning Business Units. How would you set up the
Shared Procurement model in Oracle Procurement Cloud?
Answer : C
Explanation:
Without the site assignment model each client BU would be forced to establish its own relationship with the supplier. The service provider relationship between the client BU and procurement BU is defined in the businessunit setup.
References: Oracle Procurement Cloud Using Procurement (Release 9), page 30
Identify four actions that the Manage Requisition Approval task enables you to perform.
Answer : A,B,C,E
Explanation: The new Manage Requisition Approval task provides a simple and user- friendly interface for approval rules management. This task allows you to:
Enable or disable a participant.
Create rules using simple or nested conditions. Condition attributes displayed in this interface are consistent with the attribute names displayed in the application. Attribute values can be chosen from a List of Values or a Choicelist, when applicable.
Define rule actions that:
o Use Supervisory Hierarchy, Job Level, Position Hierarchy, Approval Group, Single User, or Custom routings. o Require approvals, automatically approve, or send information notifications.
Mark a rule active or inactive.
Maintain user-defined attributes and use these attributes across rules. o Currency based attributes are used to setup conversions of amount or price type attributes to a specific currency used in rule evaluations. o Custom attributes are used to achieve complex approval requirements and custom approval lists and map to the Procurement Custom Function output. o Summation attributes support the aggregation of data across lines or distributions based on a set of filters. The filters can be set up using requisition attributes or based on roll-ups in the Procurement Category Hierarchy, Cost Center, Balancing Segment, Management
Segment, or Natural Account hierarchies