Showing posts with label Oracle Procurement Cloud 2017 Implementation Essentials. Show all posts
Showing posts with label Oracle Procurement Cloud 2017 Implementation Essentials. Show all posts

Friday, November 17, 2017

Valid Oracle Enterprise Resource Planning Cloud 1Z0-963 answers

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Share some Software as a Service - Oracle Enterprise Resource Planning Cloud 1Z0-963 exam questions and answers below.
You have defined an attribute named ¡®Years of Experience¡¯ in your negotiation. You have set up scores for acceptable value ranges, and would like to rate responses based on this score. On getting the responses from the participating suppliers, you observe that for a few suppliers, the score was not calculated. Identify the reason for this issue. 
A. The Negotiation type is RFI (Request for Information); therefore, scoring is optional. 
B. The attribute ¡®Years of Experience¡¯ was not marked as Required, so the supplier did not provide any value. 
C. Sourcing does not support attribute definition. 
D. You already have a few suppliers defined in the system; therefore, the scoring did not take place. 
Answer: B 


During a Procurement Contract implementation, a customer would like to set up their own line type for buying services. They intend to use this line type for negotiating terms for future purchase of services and do not have a defined scope of work. 
Identify the source that the customer needs to select while creating the line type to meet this requirement. 
A. Free form, buy 
B. Free form, buy agreement 
C. Item, buy agreement 
D. Item, buy 
Answer: D 


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 document type associated with the Contract Template is ¡®Blanket Purchase Agreement¡¯. 
B. The Contract Template is not ¡®Approved¡¯. 
C. The document typeassociated with the Contract Template is ¡®Purchase Order¡¯. 
D. The Contract Template is in ¡®Approved¡¯ status. 
E. The document type associated with the Contract Template is ¡®Contract Purchase Agreement¡¯. 
Answer: C,D,E

Five requisition lines of a single requisition document are available to process on to purchase order. But the buyer returned one requisition line to the requester for quantity modification.What will be the effect of this action on the remaining four requisition lines? 
A. They will be put on hold until the requester resubmits the returned line with the correct quantity. 
B. They will also get returned to the requester. 
C. They will be in the “withdrawn” status. 
D. They will be available to process on to purchaseorder. 
E. They will get canceled. 
Answer: A

Identify the Duty role that you need to associate with the Job role to enable the ¡°new supplier request¡± functionality. 
A. Supplier sales representative duty 
B. Supplier bidder duty 
C. Submit supplier registration duty 
D. Supplier Self Service administrator duty 
E. Supplier SelfService clerk duty 
Answer: C 


On completion of a Negotiation Award using a negotiation template, you are trying to create a purchasing document and system provides you the option to create a Blanket Purchase Agreement (BPA) only, whereas you expected to get an option to create a Contract Purchase Agreement (CPA). 
Identify the reason for this. 
A. The negotiation outcome is defined as ¡°Blanket Purchase Agreement¡± in the negotiation template. 
B. The Business Function for the associated Business Unit is ¡°Requisition Only¡± and did notallow Purchase Agreement Generation. 
C. The Profile Option PO_PRC_AGENT_CATEGORY_ASSIGNMENT is set to the current user. 
D. The negotiation outcome is defined as ¡°Contract Purchase Agreement¡± in the negotiation template. 
Answer: D 


Five requisition lines of a single requisition document are available to process on to purchase order. But the buyer returned one requisition line to the requester for quantity modification.What will be the effect of this action on the remaining four requisition lines? 
A. They will be put on hold until the requester resubmits the returned line with the correct quantity. 
B. They will also get returned to the requester. 
C. They will be in the “withdrawn” status. 
D. They will be available to process on to purchaseorder. 
E. They will get canceled. 
Answer: A

Five requisition lines of a single requisition document are available to process on to purchase order. But the buyer returned one requisition line to the requester for quantity modification. 
What will be the effect of this action on the remaining four requisition lines? 
A. They will be put on hold until the requester resubmits the returned line with the correct quantity. 
B. They will also get returned to the requester. 
C. They will be in the ¡°withdrawn¡± status. 
D. They will be available to process on to purchaseorder. 
E. They will get canceled. 
Answer: A 

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Tuesday, August 29, 2017

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Share some Software as a Service - Oracle Enterprise Resource Planning Cloud 1Z0-963 exam questions and answers below.
Your customer is implementing the full suite of Cloud procurement. They would like to know how best they can utilize the Contract Terms library. 
Identify three applications from where users can access the Contract Terms library for setting up ¡°contract terms¡± for different documents. 
A. Supplier Model 
B. Self Service Procurement 
C. Sourcing 
D. Procurement Contracts 
E. Purchasing 
Answer: C,D,E 

During an implementation, the super user is requesting you to explain how to set up “risks” to be used in the Procurement Contracts by all users. You are in the middle of the year and currently there are few “risks” that are already defined and the organization is planning to introduce new “risks” from New Year’s Day.Identify the two steps the user should follow to fulfill this requirement. 
A. Wait until year end, inactivate the old risks data on year end, and create and activate new risks from the same day. 
B. Provide an end date as year end for the old risk data,create new risks now, and provide New year’s Day as start date. 
C. Create new risks now, enable those at year end, and disable the old data on year end. 
D. The user needs to delete old risks and create new risks around the year end. 
Answer: A,B

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 document type associated with the Contract Template is ‘Blanket Purchase Agreement’. 
B. The Contract Template is not ‘Approved’. 
C. The document typeassociated with the Contract Template is ‘Purchase Order’. 
D. The Contract Template is in ‘Approved’ status. 
E. The document type associated with the Contract Template is ‘Contract Purchase Agreement’. 
Answer: C,D,E

In a Procurement implementation, your customer has a requirement for a given business unit to enable ¡°funds check¡± on purchase orders. This requires that budgetary control be enabled. 
What configuration must you complete to enable budgetary control in that business unit? 
A. Enable budgetary control in both the Configure Requisition Business Function and Configure Procurement Business Function by selecting the business unit in scope. 
B. Enable budgetary control by selecting the business unit in scope using the task Configure Procurement and Payables Options. 
C. Enable budgetary control by selecting the business unit in scope using the task Configure Procurement Business Function. 
D. Enable budgetary control by selecting the ledger and business unit by using the task Manage Budgetary Control. 
Answer: B

During a Procurement Contract implementation, a customer would like to set up their own line type for buying services. They intend to use this line type for negotiating terms for future purchase of services and do not have a defined scope of work. 
Identify the source that the customer needs to select while creating the line type to meet this requirement. 
A. Free form, buy 
B. Free form, buy agreement 
C. Item, buy agreement 
D. Item, buy 
Answer: D 

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