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1. Which of the following statements about Fusion Functional Set Up Manager is incorrect?
A) It is primarily used for managing user roles and privileges.
B) It provides a centralized location for managing application setup data.
C) It allows for role-based access control to setup tasks.
D) It provides a guided process for configuring various modules in Oracle Fusion Cloud.
2. Which of the following contract types in Oracle Procurement Cloud supports a price adjustment clause that automatically adjusts the item price based on a predefined formula?
A) Standard Purchase Order
B) Procurement Contract
C) Contract Purchase Agreement
D) Blanket Purchase Agreement
3. An organization implementing Supplier Qualification Management has multiple procurement business units: PR BU1, PR BU2, and PR BU3. The Corporate head office (CORP BU) is also defined as one of the procurement business units.
The organization wants to maintain and manage the Qualification area-A for use by all the procurement business units, but wants the Qualification area-B to be used only by CORP BU and PR BU1.
Identify two setups to fulfill this requirement.
A) Create the Qualification area-A in PR BU2 and select PR BU3.
B) Create the Question in CORP BUand select the ,,Global,, check box.
C) Create the Qualification area-B in CORP BU and select PR BU1.
D) Create the Qualification area-A in CORP and select the ,,Global,, check box.
E) Create the Qualification area-B in CORP BU and select the ,,Global,, check box.
4. Which of the following components is NOT part of the Supplier Qualification Management (SQM) process?
A) Supplier contract negotiation
B) Evaluation of potential suppliers
C) Qualification scoring and monitoring
D) Qualification criteria definition
5. Which of the following actions triggers the contract approval process in Oracle Fusion Cloud Procurement?
A) Assigning a contract to a supplier
B) Creating a new contract term
C) Entering contract fulfillment details
D) Submitting a contract for approval
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: C | Question # 3 Answer: C,D | Question # 4 Answer: A | Question # 5 Answer: D |
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