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Oracle Fusion Procurement 2014 Essentials Sample Questions:

1. You are setting up Fusion Sourcing. You would like participants to provide Insurance and Freight cost for the quotation/RFQ lines.
Identify the configuration that will fulfill this requirement.

A) Add Cost Factors for Freight and Insurance.
B) Add negotiation lines separately to capture Freight and Insurance.
C) Define a negotiation style and enable DFF for Freight and Insurance.
D) Personalize the negotiation UI to add the Freight and Insurance attributes.

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

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

3. Your customer tells you that when they cancel a Purchase Order, the requisition referring to that Purchase Order should also be automatically canceled. Identify the setup that needs to be performed to fulfill this requirement.

A) In the "Configure Procurement Business Function" task, select the "Allow Item Description Update" check box.
B) In the "Configure Requisitioning Business Function" task, set the "Cancel Backing Requisitions" value to Never.
C) Automatic cancellation of requisition is not possible. Therefore, the customer must manually cancel the requisition after canceling the Purchase Order.
D) In the "Configure Requisitioning Business Function" task, set the "Cancel Backing Requisitions" value to Always.
E) In the "Configure Requisitioning Business Function" task, select the "Create orders immediately after requisition import" check box.

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

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

5. Identify the document in which the Supplier field is not mandatory.

A) Requisition
B) Purchase Order
C) Invoice
D) RequestforQuotation
E) Quotation

Solutions: