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Oracle Fusion Procurement 2014 Essentials Sample Questions:

1. Which option would the application first lookatto default the Location field in the Purchase Order Line?

A) "Requisitioning Business FunctionConfiguration" task of the Requisitioning BU.
B) BU assignment record of the source agreement that corresponds to the Requisitioning BU
C) Supplier site assignment record of the supplier site in the RequisitioningBU.
D) Purchase Order Header

2. Your customer tells you that the agreement document sequencing should be 10-digit numbers starting with 999 (for example 9990000001, 9990000002, and so on) and the negotiation document sequencing should also be 10-digit numbers but should start with 777 (for example 7770000001, 7770000002, and so on). Identify the functional task where you will set up the required document numbering.

A) Manage Document Styles
B) Configure Procurement Business Function
C) Manage Payables Document Sequence
D) Configure Requisitioning Business Function
E) Manage Purchasing Value Sets

3. 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) importing and exporting data between instances
C) configuring Oracle Fusion Applications to match business needs
D) collecting data to populate the order orchestration and planning data repository

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

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

5. Your customer tells you that in their industry, the response document for an auction is called a 'Proposal' instead of the default Fusion term 'Bid', and that they would like to have all their negotiation documents reflect this terminology. What would you do to meet this requirement?

A) Create a Purchasing Document Style.
B) Create a Negotiation Template.
C) Customize the Descriptive Flexfield.
D) Create a Negotiation Style.
E) Create a Negotiation Type.

Solutions: