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Oracle Fusion Procurement 2014 Essentials Sample Questions:

1. 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) Tax Classification
E) Location

2. Identify three activities performed by a Business Unit that has been configured only for the Procurement function.

A) Create/Manage Purchase Order
B) Create/Manage Requisitions
C) Create/Manage Catalogs
D) Create/Manage Supplier Sites
E) Create/Manage Supplier Invoices

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

4. Identify the functionality of Self Service Procurement that allows a Requester a 360-degree view of any purchasing document, such as a Requisition or PO.

A) Manage Life Cycle
B) View Full Details
C) View pdf
D) Manage Train Stops
E) Workflow administration

5. Identify three application standard lookups that are available in the Setup and Maintenance task list "Define Supplier Configuration".

A) Minority Group Lookup
B) Manage FOB Lookup
C) Business Classification Lookup
D) Tax Organization Type Lookup
E) Manage Requirement Section Lookup
F) Manage Freight Terms Lookup

Solutions:

Question # 1 Answer: A,C,E

Question # 2 Answer: A,B,D

Question # 3 Answer: C

Question # 4 Answer: A

Question # 5 Answer: A,C,D