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NEW QUESTION 49
Your customer tells you that in their industry, the response document for an auction is called a 'Proposal' instead of the default Oracle term 'Bid', and that they would like to have all their negotiation documents reflect this terminology.
What should you do to meet this requirement? (Choose the best answer.)
- A. Customize the Descriptive Flexfield.
- B. Create a Purchasing Document Style.
- C. Create a Negotiation Template.
- D. Create a Negotiation Style.
- E. Create a Negotiation Type.
Answer: D
NEW QUESTION 50
An organization wants to establish a supplier onboarding process with qualification and evaluation. Only qualified suppliers should be eligible to supply their goods and service.
How do you model this requirement using external supplier registration and supplier qualification management?
- A. External Supplier registration-Prospective > Initiative > Supplier Response > Qualification Evaluation > Promoted as spend authorized
- B. External Supplier registration-Spend Authorized > Initiative > Supplier Response > Qualification Evaluation > Promoted as spend authorized
- C. External Supplier registration-Prospective > Supplier Response > Promoted as spend authorized > Qualification Evaluation
- D. External Supplier registration-Spend Authorized > Supplier Response > Qualification Evaluation > Initiative
Answer: A
Explanation:
Explanation
You can choose to register the new supplier as a prospective supplier or a spend authorized.
If you register the company as a prospective supplier, the supplier can participate as soon as its registration is approved. A prospective supplier can receive invitations, view a negotiation and respond. You can award the supplier business, but you cannot issue a purchase document for the supplier until it is approved for conducting financial transactions with your buying organization.
NEW QUESTION 51
Identify the statement that is not valid for Oracle Cloud Procurement Contracts
- A. The Contracts terms template drives rules to help you follow company policy
- B. Allows you to publish Contracts on Social Networks
- C. Allows you to capture any change in Terms & Conditions of Contract in MS Word
- D. The Contracts terms template defines pre-approved boiler plate for the type and circumstances for the contract
Answer: B
NEW QUESTION 52
During the implementation, your customer has a requirement for a given business unit to enable "funds check" on purchase orders. This requires that budgetary control be enabled.
What configuration must you complete to enable budgetary control in that business unit? (Choose the best answer.)
- A. Enable budgetary control by selecting the ledger and business unit by using the task Manage Budgetary Control.
- B. Enable budgetary control by selecting the business unit in scope using the task Configure Procurement and Payables Options.
- C. Enable budgetary control in both the Configure Requisition Business Function and Configure Procurement Business Function by selecting the business unit in scope.
- D. Enable budgetary control by selecting the business unit in scope using the task Configure Procurement Business Function.
Answer: B
NEW QUESTION 53
What is required to make data available in Oracle Procurement Cloud Transactional Business Intelligence graphs?
- A. Schedule concurrent requests to run every hour.
- B. Configure the Extract Transform and Load tool and data will be populated in real time.
- C. No need to schedule anything; data will be populated in real time.
- D. Schedule ESS jobs to run according to customer requirements.
Answer: C
Explanation:
Explanation
With Oracle Fusion Transactional Business Intelligence embedded analytics, role-based dashboards, and on-the- fly ad hoc reportingcapabilities make data access and interpretation easier than ever before. Users are able to see updates in real-time, and their impact, through embedded analytics. For example, during the compensation budgeting process, a manager is able to see a running tally for reference right on the page.
References:http://www.oracle.com/us/products/applications/fusion/hcm-fusion-transactional-bi-1543884.pdf
NEW QUESTION 54
When creating a non catalog requisition, a requester checks the 'New Supplier' checkbox. By checking this checkbox, the user is ______.
- A. triggering an automated process to intimate a new supplier to register with the user's company
- B. triggering an automated process to create a new supplier
- C. required to execute an ESS (Enterprise Scheduler Service) job to initiate the supplier registration process
- D. suggesting a possible new supplier that requires further action by the Buyer and the Supplier Administrator
Answer: C
NEW QUESTION 55
During an implementation, the super user is requesting you to explain how to set up "risks" to be used in the Procurement Contracts by all users. You are in the middle of the year and currently there are few "risks" that are already defined and the organization is planning to introduce new "risks" from New Year's Day.
Identify the two steps the user should follow to fulfill this requirement.
- A. Create new risks now, enable those at year end, and disable the old data on year end.
- B. Wait until year end, inactivate the old risks data on year end, and create and activate new risks from the same day.
- C. Provide an end date as year end for the old risk data,create new risks now, and provide New year's Day as start date.
- D. The user needs to delete old risks and create new risks around the year end.
Answer: B,C
NEW QUESTION 56
In order to define a shipping method, what three options need to be set? (Choose three.)
- A. Contact
- B. Purchasing Profile
- C. FOB Lookup Code
- D. Mode of Transport
- E. Service Level
Answer: A,C,D
NEW QUESTION 57
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 was confirmed as "Incomplete" instead of "Open" as expected.
Identify two causes for this behavior. (Choose two.)
- A. The "Enable negotiation approval" check box is deselected in the Configure Procurement Business Function.
- B. The "Allow Purchase Order Approval" check box is deselected in the Manage Approved Supplier List Status, which assigned ASL's status.
- C. The "Approval required for buyer modified lines" check box is deselected in the Configure Requisitioning Business Function.
- D. The "Automatically submit for approval" check box is deselected in the BPA that was referenced from the requisition.
Answer: C,D
NEW QUESTION 58
Receiving parameters are defined for which of the below options? (Choose the best answers.)
- A. Enterprise Group
- B. Inventory Organization
- C. Legal Entity
- D. Business Unit
Answer: B
NEW QUESTION 59
A supplier has one corporate site location and three other site locations from where they supply goods to your client locations. Each site must have its own contract for negotiating and they must be restricted from viewing each other's negotiations.
How would you configure this?
- A. by giving the Procurement Agent role to the supplier contract
- B. by restricting supplier contract access to a specific supplier site
- C. by giving the Supplier Administrator role to the supplier contract
- D. by restricting supplier contract access to Supplier Level
Answer: A
NEW QUESTION 60
Identify the three business benefits provided by the Manage Approval Rules user interface.
- A. support for common business requirements to route approvals based on aggregated information
- B. minimal dependency on IT group for rules setup
- C. ease of ordering items
- D. quick information search
- E. faster ramp-up time to set up approval rules
Answer: A,C,D
NEW QUESTION 61
A replenishment requisition is created with the following details and imported through an open interface in Oracle Procurement Cloud:
* Requisition date - 10/10/2012 (DD/MM/YYYY)
* Requisition Business Unit (BU) - BU1
* Item - AS16168
Identify the Blanket Purchase Agreement that the application would select to automatically create a Purchase Order.
- A. BPA: 9986
Type: Local BPA
Effective Dates: 01/08/2012-31/10/2013
Item: AS16168
BU: BU1
Automatically generate orders flag: Yes - B. BPA: 8787
Type: Local BPA
Effective Dates: 01/03/2012-31/12/2013
Item: AS16168
BU: BU2
Automatically generate orders flag: No - C. BPA: 7998
Type: Local BPA
Effective Dates: 01/01/2012-30/09/2012
Item: AS16168
BU: BU1
Automatically generate orders flag: Yes - D. BPA: 8837
Type: Global BPA
Effective Dates: 01/06/2012-31/07/2013
Item: AS16167
BU: BU1
Automatically generate orders flag: Yes - E. BPA: 9938
Type: Global BPA
Effective Dates: 01/09/2012-31/08/2013
Item: AS16168
BU: All
Automatically generate orders flag: Yes
Answer: A
NEW QUESTION 62
During the User acceptance testing of your Cloud Procurement implementation, a user has created a purchase order and is trying to submit the purchase order for approval. On clicking Submit, the user gets a "Funds check failed" error.
Identify the cause of this error.
- A. Funds are insufficient and budget type is "Absolute".
- B. Funds are insufficient and budget type is "Advisory".
- C. Funds are available but the approver is not set up as "Budget Manager" for the selected budget for the business unit.
- D. Funds are insufficient and budget type is "Track".
Answer: A
Explanation:
Explanation
The options for budgetary control settings are as follows: Absolute, Advisory, end None Absolute: If Absolute is entered, the transaction is rejected unless funds are available.
Advisory: If Advisory is entered, the transaction is approved even when no funds or insufficient funds are available.
None: If None is entered, all transactions are approved and there is no funds check.
References:https://docs.oracle.com/cd/E18727_01/doc.121/e13567/T237204T237227.htm
NEW QUESTION 63
Your customer wants to configure three business units (BUs) as follows:
* US East BU and US West BU that perform requisitioning-related business processes and tasks. The US East BU provides payment services for its own invoices and for the US West BU's invoices.
* One BU, US Header BU, that is configured as a shared Procurement BU with only the Procurement function enabled Identify the correct configuration.
- A. The US West BU needs to be configured as a Payables Payment Service Provider.
- B. The US East BU and US West BU need to be configured as a Payables Payment Service Provider.
- C. The US East BU needs to be configured as a Payables Payment Service Provider.
- D. The US Header BU needs to be configured as a Payables Payment Service Provider.
Answer: C
NEW QUESTION 64
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.
- A. The "Procurement Catalog Administrator BU1" data role is not assigned to the buyer.
- B. The "Manage Catalog content" action is not enabled for the buyer in the Procurement Agent page.
- C. The "Local Catalog administrator BU1" data role is not assigned to the buyer.
- D. The "Catalog Management" business function is not enabled for BU1.
Answer: B
Explanation:
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 References:https://docs.oracle.com/cd/E56614_01/procurementop_gs/OAPRO/F1061043AN3FFA8.htm
NEW QUESTION 65
Your customer is implementing Oracle Procurement Cloud applications with multiple Requisition Business Units. Each Business Unit has employees who need the ability to create requisitions. The customer does not want all employees in the organization to be able to create requisitions using the self-service application; however, they should be able to search for information (for example, contact details) relating to other employees.
To restrict certain employees from being able to create requisitions, what inherited role must be removed from the seeded Employee role? (Choose the best answer.)
- A. Procurement Requester
- B. Procurement Preparer
- C. Employee
- D. Contingent Worker
- E. Procurement Administrator
Answer: A
NEW QUESTION 66
Your customer has several Procurement centers across the world. During implementation, the customer wants to implement the same payment terms policy for all the Business units. Identify the correct approach to fulfill this customer requirement in the application using Functional Setup Manager
- A. Define same payment terms across all Business Units
- B. Define Payment Terms in each business unit and assign those to different reference objects specific to those Business Units?
- C. Define 'Payment Terms' and assign those to one reference object. Then assign that reference object to all Business Units for reference object 'Payment Terms'
- D. Use 'Common' reference object for all Business Units
Answer: C
NEW QUESTION 67
During an implementation, the Buyers will like to access the OTBI reports that are available in the Cloud Purchasing application. Identify the way to provide them easy access to Purchasing related OTBI reports?
- A. Train the buyers to navigate to 'Functional Setup Manager' to access the reports
- B. Ask the buyer to run Scheduled Process to run the OTBI reports for Purchasing
- C. Train the users to navigate to Business Intelligence applications to access the reports
- D. Enable the OTBI reports in Purchasing work area
Answer: D
NEW QUESTION 68
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.
- A. The negotiation outcome is defined as 'Contract Purchase Agreement' in the negotiation template.
- B. The Business Function for the associated Business Unit is 'Requisition Only' and did not allow Purchase Agreement Generation.
- C. The negotiation outcome is defined as 'Blanket Purchase Agreement' in the negotiation template.
- D. The Profile Option PO_PRC_AGENT_CATEGORY_ASSIGNMENT is set to the current user.
Answer: A
Explanation:
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
NEW QUESTION 69
For Payables and Procurement, what three common controls and default values need to be set for each business unit?
- A. Expense Accruals
- B. Collaboration Messaging
- C. Buyer Assignment
- D. Automatic Offsets
- E. Currency Conversion
Answer: A,D,E
Explanation:
Explanation
Default distributionsAutomatic offsets
Expense accruals
Self-billed invoices
Legal entity information
NEW QUESTION 70
For audit compliance, you require supplier bank account changes made by your supplier administrator to be approved.
Which step achieves this? (Choose the best answer.)
- A. Configure Supplier Registration and Profile Change Request
- B. Manage Changes on Supplier Bank Accounts
- C. Manage Supplier Profile Change Approvals
- D. Set up Approve Internal Changes on Supplier Bank Accounts
- E. Set up Supplier-Initiated Profile Change Request
Answer: C
NEW QUESTION 71
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