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Oracle Fusion Procurement 2014 Essentials Sample Questions:

1. Identify the complete sequence for the Procure-to-Pay flow.

A) Create Requisition > Create Job Order > Build Inventory > Transfer Inventory > Pay Supplier > Return Goods to Supplier.
B) Create Requisition > Request for Quote > Analyze Quote > Award Supplier.
C) Enter Invoice > Match Invoice > Pay Supplier > Return Goods to Supplier.
D) Create Requisition > Create Purchase Order > Fulfill Purchase Order > Enter Invoice > Match Invoice > Pay Supplier.

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. Which two approval tasks can be performed by using the Manage Approval Rules user interface in Fusion Procurement?

A) Item Creation Approval
B) Expenses Approval
C) Purchasing Document Approval
D) Supplier Registration Approval

4. The Payables department has reported that supplier ABC Co. is not appearing in Submit Payment Process Request.The payment method selected from the payment processing options at Submit Payment Process Requestis Electronic. Identify two reasons ABC Co. is not appearing in Submit Payment Process Request.

A) Supplier ABC Co. must have aBlanket Purchase Agreement in place.
B) Supplier ABC Co. does not have an active Purchase Order.
C) The Form Date field value for the payment method Electronic is a future date.
D) The payment method Electronic is end-dated on the Payment Method tabbed page of the supplier profile for ABC Co.
E) Supplier ABC Co. has a default payment method of Check.

5. Identify two features of the price break functionality provided in Blanket Purchase Agreement (BPA) document types.

A) priceincrease request from a supplier through the supplier portal
B) means to provide price discounts
C) payment method, which supports multiple-installment payment goods or services
D) condition-dependent reductions in price
E) change orders affecting pricing of specific lines

Solutions: