Ensurepass.com : Ensure you pass the IT Exams
2018 Jan Oracle Official New Released 1z0-963
100% Free Download! 100% Pass Guaranteed!
http://www.EnsurePass.com/1z0-963.html

Oracle Procurement Cloud 2018 Implementation Essentials

Question No: 21

A customer’s procurement manager has the authority to approve office supply Purchase Orders up to $6,600.00. For all other types of Purchase Orders, there is no approval hierarchy.

The customer is located in Kandy and the purchasing category for office supplies is Office Supplies. The COA (Chart of Accounts) format is: Company.Business Unit.Cost Center.Account. The future and segment values are 01 for the company, 220 for the Business Unit, 339 for the cost center, 67887 for the account, and the future is always 000000.

Identify the approval group setup that would enable this purchasing practice.

  1. Set the Document Total object to include an amount limit of $5,000.00.

  2. Document Total: Amount Limit= $0.00Account Range: Amount Limit = $6,600Account Range: From: 01.220.339.67887.000000 To: 01.220.339.67887.000000Category Range: Amount Limit = $6,600Category Range: From: Office.Supplies To: Office.SuppliesRequisition Document Type setup = ‘Owner can Approve’

  3. Document Total: Amount Limit = $6,600.00Location: Amount Limit = $6,600 and Location = KandyCategory Range: Amount Limit = $10,000Category Range: From: X.Supplies To: Office.Supplies

  4. Document Total: Amount Limit = $0.00Account Range: Amount Limit = $6,600Account Range: From: 01.220.339.67887.000000 To: 01.220.339.67887.000000Category Range: Amount Limit = $6,600Category Range: From: Office.Supplies To: Office.Supplies

  5. Document Total: Amount Limit = $0.00Account Range: Amount Limit = $6,600Account Range: From: 01.220.339.00000.000000 To: 01.220.339.99999.000000Location: Amount Limit = $5,000 and Location = Kandy

Answer: B

Question No: 22

Your customer has three Business Units, of which two are requisitioning Business Units and one is a Procurement Business Unit. They want to define each document number based on document type and business unit combination in Oracle Procurement Cloud.

Which Functional Setup Manager task can be used to accomplish these requirements?

  1. Manage Procurement Document Numbering

  2. Configure Procurement Business Function

  3. Configure Requisitioning Business Function

  4. Manage Common Options for Payables and Procurement

Answer: A Explanation:

You can define procurement document numbering using the Manage Procurement Document Numbering page.

Note:Organizations need the ability to define procurement document numbers based on document type. The sequence may differ by legal entity or business unit. Here are some considerations when defining a document numbering sequence.

If a document number sequence is not defined in advance, the application creates it when the first transaction is created for that document type and legal entity or business unit combination. The application starts the document number with 1.

References:https://docs.oracle.com/cloud/latest/procurementcs_gs/OAPRO/OAPRO10610 42.htm#OAPRO1405307

Question No: 23

Your customer tells you that when they cancel a Purchase Order, the requisition referring to that Purchase Order should also be automatically canceled. Identify the setup that needs to be performed to fulfill this requirement.

  1. In the “Configure Requisitioning Business Function” task, set the “Cancel Backing Requisitions” value to Always.

  2. In the “Configure Requisitioning Business Function” task, set the “Cancel Backing Requisitions” value to Never.

  3. Automatic cancellation of requisition is not possible. Therefore, the customer must manually cancel the requisition after canceling the Purchase Order.

  4. In the “Configure Procurement Business Function” task, select the “Allow Item Description Update” check box.

  5. In the “Configure Requisitioning Business Function” task, select the “Create orders immediately after” check box.

Answer: A Explanation:

Cancel Backing Requisitions controls whether a backing requisition should be canceled when there is purchase order cancellation.

Options are:

References:https://docs.oracle.com/cd/E56614_01/procurementop_gs/OAPRO/F1061043A N3FFA8.htm#F1061014AN40D05

Question No: 24

Which two job roles can access the Procurement Dashboard?

  1. Buyer

  2. Procurement Manager

  3. Procurement Preparer

  4. Procurement Requester

  5. Category Manager

Answer: B,C

Question No: 25

Identify three application standard lookups that are available in the Setup and Maintenance task list “Define Supplier Configuration”.

  1. Manage Requirement Section Lookup

  2. BusinessClassification Lookup

  3. Minority Group Lookup

  4. Tax Organization Type Lookup

  5. Manage FOB Lookup

  6. Manage Freight Terms Lookup

Answer: B,C,D

Question No: 26

A buyer often orders an item BA82829 by box but the store manager stocks the item as individual units by using the “Each” unit of measure. Item BA82829 can be ordered from three suppliers and the box sizes differ by supplier (12, 24 and 36). Identify the correct option to set up these units of measure in Product Hub (PIM).

  1. Create multiple BoxY UOMs, where Y is the quantity per box, and an Each UOM, and assign them to different UOM classes.

  2. Create a Box UOM and an Each UOM and assign both to the same UOM class.

  3. Createa Box UOM and an Each UOM and assign them to different UOM classes.

  4. Always use the Each UOM and do not create Purchase Orders for Box.

  5. Create multiple BoxY UOMs, where Y is the quantity per box, and an Each UOM, and assign them to the same UOM class.

Answer: B

Question No: 27

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.

  1. 7

  2. 4

  3. 6

  4. 8

  5. 5

Answer: E

Question No: 28

During the User acceptance testing of your Cloud Procurement implementation, a user has created a purchase order and is trying to submit the purchase order for approval. On clicking Submit, the user gets a “Funds check failed” error.

Identify the cause of this error.

  1. Funds are available but the approver is not set up as “Budget Manager” for the selected budget for the businessunit.

  2. Funds are insufficient and budget type is “Track”.

  3. Funds are insufficient and budget type is “Absolute”.

  4. Funds are insufficient and budget type is “Advisory”.

Answer: C Explanation:

The options for budgetary control settings are as follows: Absolute, Advisory, end None Absolute: If Absolute is entered, the transaction is rejected unless funds are available. Advisory: If Advisory is entered, the transaction is approved even when no funds or insufficient funds are available.

None: If None is entered, all transactions are approved and there is no funds check. References:https://docs.oracle.com/cd/E18727_01/doc.121/e13567/T237204T237227.htm

Question No: 29

During Oracle Procurement Cloud implementation, one of the requirements of the customer is to capture the revision history of Purchase Orders when ‘notes to receiver’ is entered or updated as part of a Change Order. Identify the setup that needs to be performed in order to capture change history when a user updates ‘notes to receiver’ as part of the Change Order.

  1. Update the attribute ‘notesto receiver’ in the Change Order template for the Purchase Order.

  2. Update the attribute ‘notes to receiver’ in supplier site assignment for the supplier site.

  3. Update the attribute ‘notes to receiver’ in ‘Configure Requisitioning Business Function’ forthe requisitioning Business Unit.

  4. Update the attribute ‘notes to receiver’ in ‘Common Payables and Procurement Options’ for the procurement Business Unit.

Answer: A

Question No: 30

Identify two Business Intelligence metrics that help users to compare prices through Oracle Sourcing.

  1. Realized savings

  2. Projected savings

  3. PO Price savings

  4. Price change

Answer: C,D

100% Ensurepass Free Download!
Download Free Demo:1z0-963 Demo PDF
100% Ensurepass Free Guaranteed!
1z0-963 Dumps

EnsurePass ExamCollection Testking
Lowest Price Guarantee Yes No No
Up-to-Dated Yes No No
Real Questions Yes No No
Explanation Yes No No
PDF VCE Yes No No
Free VCE Simulator Yes No No
Instant Download Yes No No

Comments are closed.