Oracle Fusion Procurement 2014 Essentials Sample Questions:

1. 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) Supplier Registration Approval
D) Purchasing Document Approval

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

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

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

4. In Self Service Procurement, a user is not able to search for the Inventory Item "Play Station 2".Identify three configuration issues that could be causing this problem.

A) "Play Station2" is not defined as a "Transactable" item in PIM.
B) "Play Station2" is defined as "BOM Enabled" in PIM.
C) The "Play Station2" Item is not part of any Procurement catalog.
D) The "Play Station2" Item does not belong to any Purchasing Category.
E) The "Play Station2" Item has not been marked as a "Purchased" item within the Purchasing operational attribute group.

5. In which Functional setup Manager task is Next Purchase Order Number set up?

A) Configure Procurement Business Function
B) Manage Common Options for Payables
C) Configure Requisitioning Business Function
D) Define a sequence for auto numbering and assign it back in Configure BU numbering setup

Solutions: