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Oracle Procurement Cloud 2021 Implementation Essentials Sample Questions:

1. Your customer tells you that in their industry, the response document for an auction is called a 'Proposal' instead of the default Oracle term 'Bid', and that they would like to have all their negotiation documents reflect this terminology.
What should you do to meet this requirement? (Choose the best answer.)

A) Create a Purchasing Document Style.
B) Customize the Descriptive Flexfield.
C) Create a Negotiation Style.
D) Create a Negotiation Template.
E) Create a Negotiation Type.

2. During an implementation of Cloud Sourcing, the usersare performing user acceptance testing and entering
'contract terms' in the terms library from different remote locations. There are occasions when same mistakes are being repeated by the users and the project team needs to do a lot of coordination to eliminate the errors.
Identify the system help that the users can utilize sothat they enter only the correct contract terms in the
'Terms library', validate those, correct those and use those in the contract?

A) Users need to download the terms in word format and run the spell/ grammar check
B) Users need to share the terms before input tothe system
C) Users need to run 'Contract Expert' which will identify the mistakes and red line theitems
D) Users need to run 'Contract library Tool' to check the correctness

3. Identify two features of the pricebreak functionality provided in Blanket Purchase Agreement (BPA) document types. (Choose two.)

A) payment method, which supports multiple-installment payment goods or services
B) condition-dependent reductions in price
C) price increase request from a supplier through the supplier portal
D) means to provide price discounts
E) change orders affecting pricing of specific lines

4. In relation to a Business Unit, which two statements are true?

A) Itis used to post transactions to multiple primary ledgers.
B) It must only have asingle function.
C) It can only process transactions on behalf of one legal entity.
D) It is used to partition subledgers.
E) It can be consolidated into a managerial and legal hierarchy.

5. Identify two profile options that are required to configure Punchout Catalogs in Self Service Procurement.
(Choose two.)

A) POR_PROXY_SERVER_PORT
B) POR_DISPLAY_EMBEDDED_ANALYTICS
C) PO_DOC_BUILDER_DEFAULT_DOC_TYPE
D) PO_DEFAULT_PRC_BU
E) POR_PROXY_SERVER_NAME

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