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Oracle Fusion Procurement 2014 Essentials Sample Questions:

1. Your customer has requested you to set up a Procurement Business Unit to serve the procurement needs of various Requisitioning Business Units. How would you set up the Shared Procurement model in Fusion Procurement?

A) by setting up a Procurement Business Unit and a Requisitioning Business Unit in the Functional Setup Manager
B) by setting up aService Provider relationship in the Business Unit setup
C) by providing a default Business Unit in the Procurement Agent setup
D) by setting up the Default Procurement BU in the Requisitioning Business Function

2. 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?

A) Configure Procurement Business Function
B) Configure Requisitioning Business Function
C) Configure Procurement Business Functions
D) Manage Common Options for Payables and Procurement

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

4. Identify two Business Intelligence metrics that help users to compare prices through Oracle Sourcing.

A) Projected savings
B) Price change
C) Realized savings
D) PO Price savings

5. Identify five business functions that must be configured in order to implement a complete Procure-to-Pay business process in Fusion Procurement.

A) Invoicing
B) Receiving
C) Purchasing
D) Inventory
E) Requisitioning
F) Payments
G) Incentive Compensation

Solutions: