1z0-327 | What Pinpoint 1z0-327 exam question Is?
Q41. 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
Explanation:
Responses to Requirements can be scored according to the desirability of the response. You can define the Requirement such that the system automatically scores the response (in which case you must specify the allowable values (or ranges of values) for that requirement and each one's score. Or evaluators can view the response and enter a score manually.
References: https://docs.oracle.com/cd/E26401_01/doc.122/e48968/T435340T443517.htm
Q42. An organization wants to establish a supplier onboarding process with qualification and evaluation. Only qualified suppliers should be eligible to supply their goods and service.
How do you model this requirement using external supplier registration and supplier qualification management?
A. External Supplier registration-Prospective > Initiative > Supplier Response > Qualification Evaluation > Promoted as spend authorized
B. External Supplier registration-Spend Authorized > Initiative > Supplier Response > Qualification Evaluation > Promoted as Prospective
C. External Supplierregistration-Prospective > Supplier Response > Promoted as spend authorized > Qualification Evaluation
D. External Supplier registration-Spend Authorized > Supplier Response > Qualification Evaluation > Initiative
Answer: A
Explanation:
You can choose to register thenew supplier as a prospective supplier or a spend authorized.
If you register the company as a prospective supplier, the supplier can participate as soon as its registration is approved. A prospective supplier can receive invitations, view a negotiation and respond. You can award the supplier business, but you cannot issue a purchase document for the supplier until it is approved for conducting financial transactions with your buying organization.
Q43. 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.
A. Update the attribute ‘notesto receiver’ in the Change Order template for the Purchase Order.
B. Update the attribute ‘notes to receiver’ in supplier site assignment for the supplier site.
C. Update the attribute ‘notes to receiver’ in ‘Configure Requisitioning Business Function’ forthe requisitioning Business Unit.
D. Update the attribute ‘notes to receiver’ in ‘Common Payables and Procurement Options’ for the procurement Business Unit.
Answer: A
Q44. During an Oracle Procurement Cloud implementation, you are going to implement Purchasing and Self Services Procurement. Identify the configuration step that will ensure that the tasks related to the other Procurement Cloud products like Supplier Portal Cloud are not available in Functional Setup Manager (FSM) during configuration.
A. Enable only “Purchasing” and “Self Service Procurement” during Configure Offering.
B. Enable “Procurement” pillar and do not assign the tasks to the implementation consultants in FSM.
C. Enable all modules during Configure Offerings anddisable the tasks related to unrelated modules in FSM.
D. Enable tasks related to Supplier Model during Configure Offering.
Answer: A
Explanation: Provisioning Offerings
The Provisioned column on the Configure Offerings page shows whether or not an offering is provisioned. While you are not prevented from configuring offerings that have not been provisioned, ultimately the users are not able to perform the tasks needed to enter setup data for those offerings until appropriate enterprise applications (Java EE applications) are provisioned and their location (end point URLs) is registered.
References:https://docs.oracle.com/cloud/farel8/procurementcs_gs/FASUP/F1175419AN1 03FD.htm
Q45. 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.
A. In the “Configure Requisitioning Business Function” task, set the “Cancel Backing Requisitions” value to Always.
B. In the “Configure Requisitioning Business Function” task, set the “Cancel Backing Requisitions” value to Never.
C. Automatic cancellation of requisition is not possible. Therefore, the customer must manually cancel the requisition after canceling the Purchase Order.
D. In the “Configure Procurement Business Function” task, select the “Allow Item
Description Update” check box.
E. 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/F1061043AN3FFA8.htm#F1061014AN40D05
Q46. 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
Explanation:
C: The procedure for conducting and awarding a two-stage RFQ in Fusion Sourcing quote information includes contact terms.
D: Adding Contract Terms
IfOracle Fusion Procurement Contracts is installed and configured, you can access contract information created and stored in Procurement Contracts and associate it with your negotiation document. Such information could identify important deliverables or contract clauses suppliers must provide along with the timeline governing the deliverable management.
E: In Oracle Fusion Purchasing a purchase order can be created through an automated process or entered manually.
You can communicate your purchase orders andagreements along with any amendments, attachments, contract terms, and contractual deliverables to suppliers using print, fax, or e- mail.
References: Oracle Procurement Cloud Using Procurement (Release 9), pages 155, 213, and 248
Q47. When creating a non-catalog requisition, a requester checks the “New Supplier” checkbox. By checking this checkbox, the user is .
A. required to execute an ESS (Enterprise Scheduler Service) job to initiate the supplier registration process
B. suggesting a possible new supplier that requires further action by the Buyer and the Supplier Administrator
C. triggering an automated process to intimate a new supplier to register with the user’s company
D. triggering an automated process to create a new supplier
Answer: A
Q48. Your organization has multiple procurement business units. A Qualification manager wants to launch an initiative for assessment of suppliers. However, the manager is unable to select the qualification model that he or she defined earlier.
Identify the cause for this behavior.
A. The Qualification manager does not have the “Manage Suppliers” action enabled in procurement agent definition.
B. The qualification model is not yet approved.
C. The Qualification manager is not defined as procurement agent.
D. The Qualification manager has not selected the correct procurement BU.
Answer: A
Explanation:
Supplier Managers are derived from the users defined in procurement agents. All procurement agents with Manage Suppliers function for the BU that theregistration was created will receive the approval notification.
References: https://docs.oracle.com/cloud/latest/procurementcs_gs/OAPRC/OAPRC1007476.htm
Q49. The Payables department has reported that a supplier is not appearing in the Submit Payment Process Request. The payment method selected from the payment processing options at Submit Payment Process Request is Electronic.
Identify two reasons why the supplier is not appearing in the Submit Payment Process Request.
A. The From Date field value for the payment method Electronic is a future date.
B. The supplier musthave a Blanket Purchase Agreement in place.
C. The supplier has a default payment method of Check.
D. The payment method Electronic is end-dated on the Payment Method tabbed page of the supplier profile for the supplier.
E. The supplier does not have an active Purchase Order.
Answer: A,B
Q50. Your customer requires that a consignment order should automatically get created whenever a self-service requester creates a purchase requisition.
Identify the setup required to fulfill this requirement.
A. Select the “Source from consignment” check box and set “Urgent” to “Yes” during requisition creation through self-service.
B. Enable all the requisition line items to be sources from the consignment source.
C. Create a consignment agreement with touchless buying options enabled in the Controls tab to automatically generate orders.
D. Assign all the requisition line to the consignment buyer.
Answer: A
Explanation:
How can I create a purchase order for consignment inventory items?
You begin by creating a purchase order with a document style for a consignment order. Choose your consignment supplier and add the consignment items for this order.
Verify that the items were sourced by aconsignment agreement and that Consignment Line is checked on the line.
Submit the order for approval.
References:https://docs.oracle.com/cloud/latest/procurementcs_gs/OAPRC/OAPRC10074 79.htm