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Oracle Procurement Cloud 2021 Implementation Essentials Sample Questions:

1. Which three common procurement business objects can be managed on an ongoing basis while the application is in use?

A) Hazard Classes
B) Item Types
C) Units of Measure
D) Corporate Cards
E) Payment Terms

2. During your fusion procurement implementation one ofthe requirements of your customer is to accrue the expenses on receipt. To fulfill this requirement, you have been asked to setup Expense Accruals to accrue 'At Receipt'. Where will you configure this flag ?

A) Configure requisitioning business function for requisitioning business unit
B) Common Payables and procurement options forProcurement business unit
C) Supplier site assignment for the supplier site
D) Configure procurement business function for procurement business unit
E) Common Payables and procurement options for Sold-to Business unit Correct

3. Whilecreating 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. (Choose two.)

A) Set Net 30 for the supplier site and leave the payment term blank in procurement options.
B) Update Net 15 in procurement options and Net 30 for the supplier site.
C) Set Net 15 for the supplier site.
D) Update Net 15 in procurement options and leave the payment term blank for this supplier at all levels.

4. 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 data set containing the payment term Net 30 is not assigned to the procurement BU.
C) The payment term Net 30 is not active.
D) The supplier site is inactive.

5. To set up Project-Driven Supply Chain (PDSC),you enable the feature in the Manufacturing and Supply Chain Materials Management offering.
What are two additional tasks that you also need to complete? (Choose two.)

A) Manage Default Inventory Organizations
B) Manage Inventory Types
C) Manage Inventory Organizations
D) Manage Project Expenditure Types
E) Manage Project Organization Classifications

Solutions: