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Oracle Procurement Cloud 2021 Implementation Essentials Sample Questions:

1. You define a payment term Net 30 in the "Define Payment Terms" task. While configuring a supplier, you try to assign the payment term Net 30 to a supplier site but the list of values (LOV) is empty.

A) The payment term Net 30 is not defined at procurement options.
B) The supplier site is inactive.
C) The payment term Net 30 is not active.
D) The data set containing the payment term Net 30 is not assigned to the procurement BU.

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

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

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

4. Identify four actions that the Manage Requisition Approval task enables you to perform.

A) create rules by using simple or nested conditions
B) enable or disable a participant
C) register an internal andexternal Supplier
D) maintain user-defined attributes and use these attributes with rules
E) define rule actions by using Supervisory Hierarchy or Position Hierarchy

5. Your customer wants to configure threebusiness units (BUs) as follows:
* US East BU and US West BU that perform requisitioning-related business processes and tasks. The US East BU provides payment services for its own invoices and for the US West BU's invoices.
* One BU, US Header BU, that is configured as a shared Procurement BU with only the Procurement function enabled Identify the correct configuration.

A) The US East BU needs to be configured as a Payables Payment Service Provider.
B) The US Header BU needs to be configured as a Payables Payment Service Provider.
C) The US West BU needs to be configured as a Payables Payment Service Provider.
D) The US East BU and US West BU need to be configured as a Payables Payment Service Provider.

Solutions: