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Oracle Fusion Procurement 2014 Essentials Sample Questions:

1. You have defined your negotiation style and named it 'ABC negotiation style'.Subsequently, you try to add collaboration team members on negotiation that is based on the 'ABC negotiation style' and find that the "Collaboration Team" field is disabled. Identify the cause.

A) The "Collaboration Team" checkbox is unchecked in the style.
B) The "Requirements and Instructions" checkbox is unchecked in the style.
C) Cost factors are not set up for negotiations for participants, causing no collaboration to negotiate cost.
D) Online collaboration is visible only to the Requisition Preparer.

2. In which Functional setup Manager task is Next Purchase Order Number set up?

A) Configure Requisitioning Business Function
B) Define a sequence for auto numbering and assign it back in Configure BU numbering setup
C) Manage Common Options for Payables
D) Configure Procurement Business Function

3. On completion of a Negotiation Award using a negotiation template, you are trying to create apurchasing 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 Profile Option PO_PRC_AGENT_CATEGORY_ASSIGNMENT is set to the current user.
B) The negotiation outcome is defined as 'Contract Purchase Agreement' in the negotiation template.
C) The negotiation outcome is defined as 'Blanket Purchase Agreement' in the negotiation template.
D) The Business Function for the associated Business Unit is 'Requisition Only' and did not allow Purchase Agreement Generation.

4. Identify three application standard lookups that are available in the Setup and Maintenance task list "Define Supplier Configuration".

A) Manage FOB Lookup
B) Minority Group Lookup
C) Manage Requirement Section Lookup
D) Tax Organization Type Lookup
E) Manage Freight Terms Lookup
F) Business Classification Lookup

5. Identify three seeded ruleset names under Business Process Model (BPM) tasks that have
requisition approvals routed in the serial method.

A) PreApprovalLineConsensusRules
B) DistributionHierarchyRules
C) DistributionConsensusRules
D) HeaderHierarchyRules
E) DistributionRules
F) LineHierarchyRules

Solutions: