Oracle Procurement Cloud 2018 Implementation Essentials
Question No: 31
During an Oracle Procurement Cloud implementation, you are going to implement Purchasing and Self Services Procurement. Identify the configuration step that will ensure that the tasks related to the other Procurement Cloud products like Supplier Portal Cloud are not available in Functional Setup Manager (FSM) during configuration.
Enable only “Purchasing” and “Self Service Procurement” during Configure Offering.
Enable “Procurement” pillar and do not assign the tasks to the implementation consultants in FSM.
Enable all modules during Configure Offerings anddisable the tasks related to unrelated modules in FSM.
Enable tasks related to Supplier Model during Configure Offering.
Answer: A Explanation: Provisioning Offerings
The Provisioned column on the Configure Offerings page shows whether or not an offering is provisioned. While you are not prevented from configuring offerings that have not been provisioned, ultimately the users are not able to perform the tasks needed to enter setup data for those offerings until appropriate enterprise applications (Java EE applications) are provisioned and their location (end point URLs) is registered.
Question No: 32
Your customer frequently orders a specific item from a selected list of suppliers. Some of the suppliers provide the item at a negotiated price, whereas other suppliers change the price throughout the year.
How should you set up this item in Oracle Procurement Cloud to address both requirements?
Create a Contract Purchase Agreement for the varied price supplier and do not create any kind of agreement for the fixed price supplier.
Create a Planned Purchase Order for the fixed price supplier and do not create any kind of agreement for the varied price supplier.
Create a Contract Purchase Agreementfor the fixed price supplier and a Blanket Purchase Agreement for the varied price supplier.
Create a Blanket Purchase Agreement for the negotiated price supplier and a Contract Purchase Agreement for the varied price supplier.
Question No: 33
An organization has been receiving incomplete Supplier Profile Data during the supplier onboarding and qualification process.
Identify the way to ensure that the required Supplier Profile data is entered by a supplier during the qualification process.
Create an initiative with questions mapped to supplier attributes.
Create an initiative with questions classified by Subject.
Create an initiative with questions classified by Standards Organization.
Create an initiative with questions Responder Type is internal.
Question No: 34
You defined an Approved Supplier List (ASL) with a Blanket Purchase Agreement (BPA) for requisitions. After you submit a requisition with the BPA as a source document, you found an approved requisition and automatically created PO (Purchase Order). However, the status of this PO confirmed as “Incomplete” instead of “Open” as expected.
Identify two causes for this behavior.
The “Allow Purchase Order Approval” check box is deselected in the Manage Approved Supplier List Status, which assigned ASL’s status.
The “Automatically submit for approval” check box is deselected in the BPA that was referenced from the requisition.
The “Approval required for buyer modified lines” check box is deselected in the Configure RequisitioningBusiness Function.
The “Enable negotiation approval” check box is deselected in the Configure Procurement Business Function.
Answer: B,C Explanation:
References: Oracle Procurement Cloud Release 9 Whats New (5 May 2015)
Question No: 35
During a Fusion Procurement implementation, your customer has asked you to set up document numbering for purchasing documents. Where do you setup the Next Purchase Order Number in Fusion Procurement Applications?
Configure Procurement Business Functions
Configure Procurement Business Function
Configure Requisitioning Business Function
Manage Common Options for Payables and Procurement
Question No: 36
On completion of a Negotiation Award using a negotiation template, you are trying to create a purchasing 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.
The negotiation outcome is defined as “Blanket Purchase Agreement” in the negotiation template.
The Business Function for the associated Business Unit is “Requisition Only” and did notallow Purchase Agreement Generation.
The Profile Option PO_PRC_AGENT_CATEGORY_ASSIGNMENT is set to the current user.
The negotiation outcome is defined as “Contract Purchase Agreement” in the negotiation template.
Answer: D Explanation:
Oracle Fusion Purchasingprovides the following purchase order types: purchase order, blanket purchase agreement, and contract purchase agreement.
References: Oracle Procurement Cloud Using Procurement (Release 9), page 131
Question No: 37
Identify two features of the price break functionality provided in Blanket Purchase Agreement (BPA) document types.
means to provide price discounts
condition-dependent reductions in price
payment method, which supports multiple-installment payment goods or services
change orders affecting pricing of specific lines
price increase request from a supplier through the supplier portal
Answer: B,E Explanation:
Price breaks are reductions in the price of an item depending on certain conditions such as purchasing in bulk or from acertain location. The Price Break region of the Lines page enables you to enter price break information for blanket purchase agreement lines.
As a supplier, you can also terminate an existing contract to supply items by canceling document headers, lines,or schedules. Such cancellation request requires review and approval by the buying organization.
Question No: 38
A new procurement BU (BU1) is set up in Fusion Procurement to support the purchasing need of a newly acquired company. You are responsible for purchasing function for this new procurement BU. But while creating a Purchase Order for the new BU, you observe that the new BU is not appearing in the BU selection list.
Identify two applicable reasons for this behavior.
You are not configured as a Procurement Agent for the BU1 procurement BU.
The “Manage purchase agreement” check box in the Agent Access section of the Create Procurement page is unchecked.
The procurement BU (BU1) and the Procurement Agent association are not Active.
The “Manage Purchase Order” check box in the Agent Access section of the Create Procurement page is unchecked.
The “Manage purchase agreement” check box in the Agent Access section of the Create Procurement page is checked.
Question No: 39
An organization has initiated a campaign for energy conservation and wants all its suppliers to declare their carbon emissions. The Qualification manager is asked to create an initiative to collect the information and the certificates from suppliers.
Identify the method to create a qualification area without any defined outcome for this requirement.
Create questions. Create and add the questions to a qualification area, but do not select the “Information only” check box.
Create questions, but do not select “Response required” and “Critical question”. Createand add questions to a qualification area.
Create questions, but do not select “Response required”. Create and add questions to a qualification area, but do not select the “Information only” check box.
Create questions. Create and add the questionsto a qualification area and select the “Information only” check box.
Answer: D Explanation:
An information only area does not have any outcome.
References: Oracle Procurement Cloud Using Procurement (Release 9) , page 58
Question No: 40
You gave the Procurement Catalog Administrator role to a buyer of the business unit “BU1” but when the buyer is trying to define a catalog in “Select and define catalog”, the buyer is unable to find “BU1” in the “Procurement BU” list of values.
Identify the reason for this.
The “Manage Catalog content” action is not enabled for the buyer in the Procurement Agent page.
The “Procurement Catalog Administrator BU1” data role is not assigned to the buyer.
The “Local Catalog administrator BU1” data role is not assigned to the buyer.
The “Catalog Management” business function is not enabled for BU1.
Answer: A Explanation:
Procurement BU: Assign the agent to one or more procurement business units.
Action: Enable the agent to access one or more procurement action for each procurement business unit.
For example: Manage Catalog Content: Enable access to catalog content. This action allows an agent to add or update blanket purchase agreement line information as part of the collaborative catalog authoring
|Lowest Price Guarantee||Yes||No||No|
|Free VCE Simulator||Yes||No||No|