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Oracle Fusion Procurement 2014 Essentials Sample Questions:

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

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

3. Which two job roles can access the Procurement Dashboard?

A) Procurement Requester
B) Buyer
C) Procurement Preparer
D) Procurement Manager
E) Category Manager

4. Identify two fields whose tolerance levels are ignored when data is entered while creating receipts using Enforce Blind Receiving.

A) Receiving Date
B) Packing Slip
C) Waybill
D) ReceivingQuantity
E) UOM

5. A buyer is creating a purchase requisition using 'Catalog Superstore', and intends to compare items before adding them to the shopping list. Identify the maximum number of items that are allowed by the application for side-by-side item comparison?

A) 4
B) 5
C) 8
D) 6
E) 7

Solutions: