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Oracle Fusion Procurement 2014 Essentials Sample Questions:

1. 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 supplier site is inactive.
B) The payment term Net 30 is not defined at procurement options.
C) The payment term Net 30 is not active.
D) The data set containing the payment term Net 30 is not assigned to the procurement BU.

2. Identify two tasks that can be performed in the Functional Setup Manager by a customer when configuring setup data.

A) setting up and maintaining data by means of the Manage Admin menu
B) collecting data to populate the order orchestration and planning data repository
C) importing and exporting data between instances
D) configuring Oracle Fusion Applications to match business needs

3. Identify two control options that are enabled when a buyer selects the 'Group requisition lines' field while creating a Blanket Purchase Agreement.

A) Use need-by date
B) Use ship-to organization and location
C) Apply price updates to existing orders
D) Group requisitions
E) Automatically submitfor approval

4. After gathering requirements from the business leads of customer organization, you have set up the Bill-to location at multiple places during Fusion Procurement Implementation. Identify the source from which the purchase order defaults the Bill-to location.

A) From the 'Configure Procurement business function'
B) From the 'Configure Requisitioning business function'
C) From the Business Unit setup
D) Fromthe'Supplier site assignment' first and if it is 'Null' then from 'Common Payables and Procurement options'
E) From the 'Common Payables and Procurement options' first and if it is 'Null' then from 'Supplier site assignment'

5. Self Service Procurement uses Browsing categories to help users to search for desired items. Which statement is true?

A) Item catalog/categories are defined via Functional Setup Manager, whereas Browsing categories are defined via Procurement Content Management.
B) Both Item and Browsing categories can be imported only via the front-end Fusion UI.
C) Both Item and Browsing categories can be imported only via ADFDi. There is no front-end Fusion UI for these.
D) Item catalog/categories are defined via Procurement Content Management, whereas Browsing categories are defined via Functional Setup Manager.

Solutions: