Oracle Fusion Procurement Cloud Service 2016 Implementation Essentials (1Z0-327) Free Practice Test

Question 1

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, identify the inherited role that must be removed from the seeded Employee role.

A. Procurement Requester

B. Procurement Preparer

C. Procurement Administrator

D. Employee

E. Contingent Worker

Correct Answer: A

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Question 2

During the implementation, your customer wants to understand the key features of the two- stage Request For Quotation (RFQ) available in Oracle Sourcing Cloud.
Identify three features of the two-stage RFQ.

A. Two stage Evaluation

B. Response Visibility Blind

C. Response Visibility Open

D. Response Visibility is always Sealed

E. Technical and Commercial Evaluation

F. Open Auctions

Correct Answer: A,D,E

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Question 3

An organization implementing Supplier Qualification Management has multiple procurement business units: PR BU1, PR BU2, and PR BU3. The Corporate head office
(CORP BU) is also defined as one of the procurement business units.
The organization wants to maintain and manage the Qualification area-A for use by all the procurement business units, but wants the Qualification area-B to be used only by CORP
BU and PR BU1.
Identify two setups to fulfill this requirement.

A. Create the Qualification area-A in PR BU2 and select PR BU3.

B. Create the Qualification area-A in CORP and select the "Global" check box.

C. Create the question in CORP BUand select the "Global" check box.

D. Create the Qualification area-B in CORP BU and select the "Global" check box.

E. Create the Qualification area-B in CORP BU and select PR BU1.

Correct Answer: B,E

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Question 4

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 would you do to meet this requirement?

A. Create a Negotiation Style.

B. Customize the Descriptive Flexfield,

C. Create a Negotiation Type.

D. Create a Purchasing Document Style.

E. Create a Negotiation Template.

Correct Answer: A

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Question 5

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. Manage Freight Terms Lookup

D. Tax Organization Type Lookup

E. BusinessClassification Lookup

F. Manage FOB Lookup

Correct Answer: B,D,E

Question 6

While creating a Purchase Order, you observe that the system is defaulting Net 30 as the payment term instead of the intended payment term Net 15.
Identify two ways to achieve the desired defaulting.

A. SetNet 30 for the supplier site and leave the payment term blank in procurement options.

B. Set net 15 for the supplier site.

C. Update Net 15 in procurement options and Net 30 for the supplier site.

D. Update Net 15 in procurement options and leave the payment term blank for this supplier at all levels.

Correct Answer: A,B

Question 7

During an Oracle Procurement Cloud implementation, you have been asked to provide
View access to all purchasing documents to all buyers in Procurement Business Unit A.
What will you do to configure this change?

A. Updateeach buyer's access using "Manage Procurement Agent" for procurement Business Unit A.

B. Define all buyers as employees in procurement Business Unit A.

C. Modify "Configure Procurement Business Function" for procurement Business Unit A and provide access to all buyers.

D. Configure a new document style and assign it to each buyer in "Manage Procurement Agent".

Correct Answer: C

Question 8

A customer's procurement manager has the authority to approve office supply Purchase
Orders up to $6,600.00. For all other types of Purchase Orders, there is no approval hierarchy.
The customer is located in Kandy and the purchasing category for office supplies is Office
Supplies. The COA (Chart of Accounts) format is: Company.Business Unit.Cost
Center.Account. The future and segment values are 01 for the company, 220 for the
Business Unit, 339 for the cost center, 67887 for the account, and the future is always
0 00000.
Identify the approval group setup that would enable this purchasing practice.

A. Set the Document Total object to include an amount limit of $5,000.00.

B. Document Total: Amount Limit= $0.00Account Range: Amount Limit = $6,600Account
Range: From: 01.220.339.67887.000000 To: 01.220.339.67887.000000Category Range:
Amount Limit = $6,600Category Range: From: Office.Supplies To:
Office.SuppliesRequisition Document Type setup = 'Owner can Approve'

C. Document Total: Amount Limit = $0.00Account Range: Amount Limit = $6,600Account
Range: From: 01.220.339.00000.000000 To: 01.220.339.99999.000000Location: Amount
Limit = $5,000 and Location = Kandy

D. Document Total: Amount Limit = $6,600.00Location: Amount Limit = $6,600 and
Location = KandyCategory Range: Amount Limit = $10,000Category Range: From:

E. Document Total: Amount Limit = $0.00Account Range: Amount Limit = $6,600Account
Range: From: 01.220.339.67887.000000 To: 01.220.339.67887.000000Category Range:
Amount Limit = $6,600Category Range: From: Office.Supplies To: Office.Supplies

F. Supplies To: Office.Supplies

Correct Answer: B

Question 9

You are creating a Purchase Order based on the style "InFusion Purchasing Style". While entering a Purchase Order line, you find that the line type named Goods is available but the line type named LINE does not appear. Identify a reason for this behavior.

A. The line type LINE is not among the selected line typesfor the document style "InFusion
Purchasing Style".

B. The Goods check box is not checked for the Purchase Bases field of the Commodities option in the "Create Document Style" task.

C. The status of the "InFusion Purchasing Style" is not Active.

D. Display Name for the Purchase Order is not set in the "Create Document Style" task.

Correct Answer: D

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Oracle Fusion Procurement Cloud Service 2016 Implementation Essentials (1Z0-327) Free Practice Test