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Q61. Your customer has the following business requirements in the Procurement business area:

Identify the three product offerings of Oracle Procurement Cloud that fulfill the above requirements.

A. Supplier Portal

B. Supplier Qualification

C. Self Service Procurement

D. Procurement Contract

E. Sourcing

F. Purchasing

Answer: B,C,D

Explanation:

B: Oracle Fusion Supplier Qualification Management Cloud Service is a comprehensive qualification management system designed to improve supplier compliance, data accuracy, and visibility.

C: Oracle Self Service Procurement Cloud key features includes catalog superstore.

D: Using the Specify Customer Contract Management Business Function Properties task, available by navigating to Setup and Maintenance work area and searching on the task name, you can specify a wide variety of business function settings for customer contracts in a specific business unit. The selections you make for these business functions impact how Oracle Fusion Enterprise Contracts behaves during contract authoring.

References:http://www.oracle.com/us/products/applications/supplier-qualification-mgmt-ds- 2705444.pdf

https://docs.oracle.com/cd/E56614_01/procurementop_gs/OAPRO/F1061032AN124FE.htm#F1063318AN1F6AB


Q62. You gave the Procurement Catalog Administrator role to a buyer of the business unit “BU1” but when the buyer is trying to define a catalog in “Select and define catalog”, the buyer is unable to find “BU1” in the “Procurement BU” list of values.

Identify the reason for this.

A. The “Manage Catalog content” action is not enabled for the buyer in the Procurement Agent page.

B. The “Procurement Catalog Administrator BU1” data role is not assigned to the buyer.

C. The “Local Catalog administrator BU1” data role is not assigned to the buyer.

D. The “Catalog Management” business function is not enabled for BU1.

Answer: A

Explanation:

Procurement BU: Assign the agent to one or more procurement business units.

Action: Enable the agent to access one or more procurement action for each procurement business unit.

For example: Manage Catalog Content: Enable access to catalog content. This action allows an agent to add or update blanket purchase agreement line information as part of the collaborative catalog authoring

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


Q63. You gave the Procurement Catalog Administrator role to a buyer of the business unit “BU1” but when the buyer is trying to define a catalog in “Select and define catalog”, the buyer is unable to find “BU1” in the “Procurement BU” list of values.

Identify the reason for this.

A. The “Manage Catalog content” action is not enabled for the buyer in the Procurement Agent page.

B. The “Procurement Catalog Administrator BU1” data role is not assigned to the buyer.

C. The “Local Catalog administrator BU1” data role is not assigned to the buyer.

D. The “Catalog Management” business function is not enabled for BU1.

Answer: A

Explanation:

Procurement BU: Assign the agent to one or more procurement business units.

Action: Enable the agent to access one or more procurement action for each procurement business unit.

For example: Manage Catalog Content: Enable access to catalog content. This action allows an agent to add or update blanket purchase agreement line information as part of the collaborative catalog authoring

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


Q64. While creating a Purchase Order, you observe that the system is defaulting Net 30 as the payment term instead of the intended payment term Net 15.

Identify two ways to achieve the desired defaulting.

A. Update Net 15 in procurement options and Net 30 for the supplier site.

B. Set net 15 for the supplier site.

C. SetNet 30 for the supplier site and leave the payment term blank in procurement options.

D. Update Net 15 in procurement options and leave the payment term blank for this supplier at all levels.

Answer: B,C


Q65. 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


Q66. After gathering requirements from the business leads of customer organization, you have

set up the Bill-to location at multiple places during Oracle Procurement Cloud implementation. Identify the source from which the purchase order defaults the Bill-to location.

A. from the “Configure Procurement business function”

B. from the “Common Payables and Procurement options” first and if it is “Null” then from “Supplier site agreement”

C. from the “Supplier site assignment” first and if it is “Null” then from “Common Payables and Procurement options”

D. from the “Configure Requisitioning business function”

E. from the Business Unit setup

Answer: A

Explanation:

Common Payables and Procurement Configuration setting for the Sold-to BU

 

References:http://docs.oracle.com/cd/E37017_01/doc.1115/e22658/F387038AN185BD.ht m


Q67. During the implementation, your customer wants to understand the key features of the two- stage Request For Quotation (RFQ) available in Oracle Sourcing Cloud.

Identify three features of the two-stage RFQ.

A. Technical and Commercial Evaluation

B. Open Auctions

C. Two stage Evaluation

D. Response Visibility Blind

E. Response Visibility Open

F. Response Visibility is always Sealed

Answer: A,C,F

Explanation:

The two-stage RFQ process involves the submission by the suppliers of a technical quote and a commercial quote. The technical quotes are opened and evaluated first to determine a list ofqualified suppliers, and only then are the commercial quotes of the qualified suppliers opened and evaluated.

TWO STAGE RFQ

Ensure impartial judgment of supplier responses in markets that require technical and commercial evaluation of proposals to be doneindependently. While suppliers submit their responses as a single bid package, category managers first analyze the technical merits of the proposal while the commercial aspects of the bid remain sealed. Commercial details of bids that pass the technical evaluation are disclosed in the second evaluation phase, while the details of failed bids remain sealed. Category managers enter surrogate responses on behalf of suppliers by submitting the technical terms of the proposal during the first stage of the negotiation, and only entering the commercial terms if the first stage evaluation is successful.

References: See What's Coming in Oracle Procurement Cloud (Release 9), page 8 https://fusionhelp.oracle.com/helpPortal/topic/TopicId_P_EDADAB5CC7CF0747E040D30A 68811553


Q68. 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