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Oracle Fusion Procurement 2014 Essentials Sample Questions:

1. 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) Finance Manager
B) Purchasing Manager
C) Purchase Analysis
D) Procurement Agent


2. 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 three ways to achieve the desired defaulting.

A) Update Net 15 in procurement options and Net 330 for the supplier site.
B) Update Net 30 for the supplier header and Net 15 for the relevant site.
C) Set Net 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.
E) Set Net 15 for the supplier site.


3. Identify two fields whose tolerance levels are ignored when data is entered while creating receipts using Enforce Blind Receiving.

A) Waybill
B) Packing Slip
C) ReceivingQuantity
D) UOM
E) Receiving Date


4. 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 negotiation outcome is defined as 'Blanket Purchase Agreement' in the negotiation template.
B) The Profile Option PO_PRC_AGENT_CATEGORY_ASSIGNMENT is set to the current user.
C) The Business Function for the associated Business Unit is 'Requisition Only' and did not allow Purchase Agreement Generation.
D) The negotiation outcome is defined as 'Contract Purchase Agreement' in the negotiation template.


5. Identify three attributes that are considered as Reference Data Sets and shared across Business Units in Fusion Procurement.

A) Payment Terms
B) Item
C) Price
D) Location
E) Tax Classification


Solutions:

Question # 1
Answer: B
Question # 2
Answer: C,D,E
Question # 3
Answer: C,E
Question # 4
Answer: D
Question # 5
Answer: A,B,D

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