Oracle Procurement Cloud 2017 Implementation Essentials v5.0 (1z0-963)

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Total 118 questions

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

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.

  • A. Set up employee supervisor hierarchy for all four department users and add them to an approval group.
  • B. Set up one approval group and include the four department users with voting regime as consensus.
  • C. Set up one approval group and include the four department users with voting regime as first responder wins.
  • D. Set up user group for the four departments and set up individual rules for the four department users.


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 _____.

  • A. extensible flexfield attributes to the enterprise business objectattributes
  • B. extensible flexfield attributes to the fulfillment order line
  • C. enterprise business object attributes to the fulfillment order line
  • D. fulfillment order line to the extensible flexfield attributes


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.

  • A. A Singapore BU must be assigned the Payables Payment business function.
  • B. The US BU must be assigned the Requisitioning and Procurement business functions.
  • C. The Korea BU must beassigned the Receiving, Payables Invoicing, and Payables Payment business functions.
  • D. The China BU must be assigned the Billing and Revenue and Requisitioning business functions.
  • E. The Singapore BU must be assigned with the Billing and Revenue and Payables Invoicing business functions.


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.

  • A. BPA: 9938 Type: Global BPA Effective Dates: 01/09/201231/08/2013 Item: AS16168 BU: All Automatically generate orders flag: Yes
  • B. BPA: 8787 Type: Local BPA Effective Dates: 01/03/201231/12/2013 Item: AS16168 BU: BU2 Automatically generate orders flag: No
  • C. BPA: 8837 Type: Global BPA Effective Dates: 01/06/201231/07/2013 Item: AS16167 BU: BU1 Automatically generate orders flag: Yes
  • D. BPA: 9986 Type: Local BPA Effective Dates: 01/08/201231/10/2013 Item: AS16168 BU: BU1 Automatically generate orders flag: Yes
  • E. BPA: 7998 Type: Local BPA Effective Dates: 01/01/201230/09/2012 Item: AS16168 BU: BU1 Automatically generate orders flag: Yes


Answer : C

During a Fusion Procurement implementation, you have been asked to provide View

  • A. Modify Configure Procurement Business Function for procurement Business Unit A and provide access to all buyers.
  • B. Update each buyers access using Manage Procurement Agent for procurement Business Unit A.
  • C. Define all buyers as employees in procurement Business Unit A.
  • D. Configure a new document style and assign it to each buyer in “Manage Procurement Agent”.


Answer : A

When creating a non-catalog requisition, a requester checks the New Supplier checkbox.
By checking this checkbox, the user is ____.

  • A. required to execute an ESS (Enterprise Scheduler Service) job to initiate the supplier registration process
  • B. suggesting a possible new supplier that requires further action by the Buyer and the Supplier Administrator
  • C. triggering an automated process to intimate a new supplier to register with the users company
  • D. triggering an automated process to create a new supplier


Answer : A

What is required to make data available in Oracle Procurement Cloud Transactional
Business Intelligence graphs?

  • A. Configure the Extract Transform and Load tool and data will be populated in real time.
  • B. No need to schedule anything; data will be populated in real time.
  • C. Schedule ESS jobs to run according to customer requirements.
  • D. Schedule concurrent requests to run every hour.


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.

  • A. Configure “requisition approval rule” to include the “Approval required for buyer modified lines” condition.
  • B. In the “Configure requisitioning” business function. select “Approval required for buyer modified lines.”
  • C. Configure the PO Approval rule in such a way that buyer-modified requisition lines will go for approval again.
  • D. After requisition modification, a buyer needs to reassign the requisition line to the requisition authority for approval.


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.

  • 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

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?

  • A. Procurement Agent
  • B. Purchasing Manager
  • C. Purchase Analysis
  • D. Finance Manager


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.

  • A. You can send SMS to suppliers.
  • B. The online messages will be retained for future reference and audit trail.
  • C. You can add attachments in the message.
  • D. You can do online chatting.
  • E. Suppliers can raise clarifications for an auction online and you can respondwith answers online.


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?

  • A. Enable budgetary control in both the Configure Requisition Business Function and Configure Procurement Business Function by selecting the business unit in scope.
  • B. Enable budgetary control by selecting the business unit in scope using the task Configure Procurement and Payables Options.
  • C. Enable budgetary control by selecting the business unit in scope using the task Configure Procurement Business Function.
  • D. Enable budgetary control by selecting the ledger and business unit by using the task Manage Budgetary Control.


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?

  • A. by setting up a Procurement Business Unit and a Requisitioning Business Unit in the Functional Setup Manager
  • B. by setting up the Default Procurement BU in the Requisitioning Business Function
  • C. by setting up a Service Provider relationship in the Business Unit setup
  • D. by providing a default Business Unit in theProcurement Agent setup


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.

  • A. enable or disable a participant
  • B. define rule actions by using Supervisory Hierarchy or Position Hierarchy
  • C. create rules by using simple or nested conditions
  • D. register an internal and external Supplier
  • E. maintain user-defined attributes and use these attributes with rules


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

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Total 118 questions