Oracle Procurement Cloud 2017 Implementation Essentials

QUESTION NO: 1
What two setups are required to implement and enable abstracts with negotiations? (Choose two.)

A. Enable the suppliers to view the Abstract Listing page B. Create a negotiation style that supports abstracts C. Create the negotiation controls to support abstracts D. Create the configure negotiation Abstract Listing page E. Create the abstract controls for the negotiation

Correct Answer: B,D

QUESTION NO: 2
Your customer is implementing Cloud Procurement across two countries: A and B.
They need intercompany transactions to be carried out between these two entities.
Identify the setup to fulfill this requirement.

A. intercompany transaction between legal entities of countries A and B B. intercompany transaction between business units of countries A and B C. Supply Chain financial Orchestration agreement between legal entities of countries A and B D. Supply Chain financial Orchestration agreement between business units of countries A and B

Correct Answer: B

QUESTION NO: 3
During Cloud procurement implementation, your customer has a requirement to ensure that all purchasing document must go through budgetary control and the purchasing transaction must be stopped from processing if the funds are unavailable.
Identify the configuration required to achieve this requirement.

A. Select the "enforce budget" check box under the Configure Procurement Business Function. B. The budget must be set up with control level as Absolute. C. The budget must be set up with control level as Track. D. The budget must be set up with control level as Advisory.

Correct Answer: B

QUESTION NO: 4
Identify two correct statements about Local area and Contextual areas in the common UI Shell. (Choose two.)

A. Local area includes components that directly affect the Contextual area. B. Local area is the main work area and typically contains the transaction form. C. Local area can drive the contents of the regional area and the contextual area. D. Contextual area can drive the contents of the local area. E. Contextual area provides quick access to tools that support business process.

Correct Answer: A,B

QUESTION NO: 5
Your customer has requested you to set up a Procurement Business Unit to serve the procurement needs of various Requisitioning Business Units. How would you set up the Shared Procurement model in Oracle Procurement Cloud?

A. by setting up a Service Provider relationship in the Business Unit setup B. by settings up the Default Procurement BU in the Requisitioning Business Function C. by setting up a Procurement Business Unit and a Requisitioning Business Unit in the Functional Setup Manager D. by providing a default Business Unit in the Procurement Agent setup

Correct Answer: A

QUESTION NO: 6
Your customer wants to use Negotiations Online message functionality to interact with suppliers participating in a negotiation.
Identify three features of the Negotiation Online message functionality. (Choose three.)

A. You can do online chatting. B. Suppliers can raise clarifications for an auction online and you can respond with answers online. C. You can add attachments in the message. D. You can send SMS to suppliers. E. The online messages will be retained for future reference and audit trail.

Correct Answer: B,C,E

QUESTION NO: 7
Your customer organization is headquartered in Toronto, and has three manufacturing facilities in Mexico, Taiwan and Austria. The raw material requirements for these three manufacturing units are consolidated and procured from Mexico through the Mexico procurement division. Identify an appropriate way to model this scenario in Oracle Procurement Cloud.

A. Requisitioning BU: Toronto and Procurement BU: Mexico B. Requisitioning BU: Mexico, Taiwan, Austria and Procurement BU: Toronto C. Requisitioning BU: Mexico, Taiwan, Austria and Procurement BU: Mexico D. Requisitioning BU: Toronto, Taiwan, Austria and Procurement BU: Mexico E. Requisitioning BU: Toronto and Procurement BU: Toronto

Correct Answer: C

QUESTION NO: 8
Your customer wants to configure three business 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 East BU and US West BU need to be configured as Payables Payment Service Provider. D. The US West BU needs to be configured as a Customer Payments Service Provider.

Correct Answer: A

QUESTION NO: 9
An organization wants to establish a supplier onboarding process with qualification and evaluation. Only qualified suppliers should be eligible to supply their goods and service.
How do you model this requirement using external supplier registration and supplier qualification management?

A. External Supplier registration-Prospective > Supplier Response > Promoted as spend authorized > Qualification Evaluation B. External Supplier registration-Spend Authorized > Supplier Response > Qualification Evaluation > Initiative C. External Supplier registration-Spend Authorized > Initiative > Supplier Response > Qualification Evaluation > Promoted as Prospective D. External Supplier registration-Prospective > Initiative > Supplier Response > Qualification Evaluation > Promoted as spend authorized

Correct Answer: D

Oracle Procurement Cloud 2017 Implementation Essentials - 1z0-963 Exam Questions