Oracle Fusion Procurement 2014 Essentials Sample Questions:

1. During Fusion Procurement implementation, the customer provides you with their company logo. They want you to place the logo on the header of the PDF report that gets generated for purchase requisitions for all requisitioning business units. Wherewillyou configure this setup?

A) Use Manage Menu Customizations.
B) Modify the purchase requisition report in the Business Intelligence Publisher tool for each of the business units.
C) Set up the profile option "Company logo".
D) Browse and select the logo in "Configure Requisitioning Business Function" for each of the requisitioning business units.

2. Alliance Corp's approval policy requires the number of approvers to be based on the Item category. If the total amount of all items within a requisition with Item category "IT" is less than 1000 USD, then the IT manager needs to approve it. But if the total amount of IT category items within a requisition exceeds 1000 USD, then the IT manager, IT director, and CIO need to approve the document. For any other purchasing categories below 1000 USD, the purchasing manager approves it; and anything above 1000 USD, the procurement VP approves. Approval policy at Alliance Corp is configured to use the attribute type of "Summation" based on the IT category.
An employee submits the following requisition:
LINEDESCRIPTIONCATEGORYAMOUNT
1Mac LaptopIT. Laptop899.00
2LCD MonitorIT. Monitor250.00
3IPhone6Telephony. Cellphone199.99\
Refer to the exhibit to select the final approving authority.

A) Line 1 is approved by the IT manager, Line 2 by the IT director, and Line 3 by the purchasing manager.
B) Line 1 is approved by the purchasing manager, Line 2 by the IT manager, and Line 3 by
the IT director.
C) Line 1 and Line 2 are approved by the IT manager, and Line 3 by the purchasing manager.
D) Line 1 and Line 2 are approved by the CIO, and Line 3 by the purchasing manager.

3. While creating a Contract Purchase Agreement, a buyer tries to add a Contract Template to it but the List of Values (LOV) is empty.
Identify three applicable reasons for this issue.

A) The Contract Template is in 'Approved' status.
B) The document type associated with the Contract Template is 'Purchase Order'.
C) The document type associated with the Contract Template is 'Contract Purchase Agreement'.
D) The Contract Template is not'Approved'.
E) The document type associated with the Contract Template is 'Blanket Purchase Agreement'.

4. Identify three attributes that are considered as Reference Data Sets and shared across Business Units in Fusion Procurement.

A) Location
B) Tax Classification
C) Price
D) Item
E) Payment Terms

5. After gathering requirements from the business leads of customer organization, you have set up the Bill-to location at multiple places during Fusion Procurement Implementation. Identify the source from which the purchase order defaults the Bill-to location.

A) From the Business Unit setup
B) From the 'Configure Requisitioning business function'
C) Fromthe'Supplier site assignment' first and if it is 'Null' then from 'Common Payables and Procurement options'
D) From the 'Common Payables and Procurement options' first and if it is 'Null' then from 'Supplier site assignment'
E) From the 'Configure Procurement business function'

Solutions: