Oracle Fusion Procurement Cloud Service 2016 Implementation Essentials

Here you have the best Oracle 1z0-327 practice exam questions

You have 73 total questions to study from
Each page has 5 questions, making a total of 15 pages
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This questions were last updated on October 30, 2025
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Question 1 of 73

While creating a Contract Purchase Agreement, a buyer tries to add a Contract Template to it, but the List of Values (VOL) is empty.
Identify three applicable reasons for this issue.

The document type associated with the Contract Template is ‘Blanket Purchase Agreement’.

The Contract Template is not ‘Approved’.

The document type associated with the Contract Template is ‘Purchase Order’.

The Contract Template is in ‘Approved’ status.

The document type associated with the Contract Template is ‘Contract Purchase Agreement’.

Correct Answer: C, D, E

Question 2 of 73

During an implementation, the super user is requesting you to explain how to set up "risks" to be used in the Procurement Contracts by all users. You are in the middle of the year and currently there are few "risks" that are already defined and the organization is planning to introduce new "risks" from New Year’s Day.
Identify the two steps the user should follow to fulfill this requirement.

Wait until year end, inactivate the old risks data on year end, and create and activate new risks from the same day.

Provide an end date as year end for the old risk data, create new risks now, and provide New year’s Day as start date.

Create new risks now, enable those at year end, and disable the old data on year end.

The user needs to delete old risks and create new risks around the year end.

Correct Answer: B, D

Question 3 of 73

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.

The Negotiation type is RFI (Request for Information); therefore, scoring is optional.

The attribute ‘Years of Experience’ was not marked as Required, so the supplier did not provide any value.

Sourcing does not support attribute definition.

You already have a few suppliers defined in the system; therefore, the scoring did not take place.

Correct Answer: B

Question 4 of 73

Name the Oracle Transactional Business Intelligence (OTBI) KPI that indicates the count of approved requisitions where at least one of the requisition lines is assigned to the new buyer who has logged in and that requisition line is not implemented into an order, bucketed by the number of days elapsed since the requisition was approved.

Requisition Lines Cycle Time

Requisition Aging Count

Requisition Line Aging Count

Requisition Lines Volume Count

Requisition Lines in Process Count

Correct Answer: E

Question 5 of 73

In a Procurement implementation, your customer has a requirement for a given business unit to enable "funds check" on purchase orders. This requires that budgetary control be enabled.
What configuration must you complete to enable budgetary control in that business unit?

Enable budgetary control in both the Configure Requisition Business Function and Configure Procurement Business Function by selecting the business unit in scope.

Enable budgetary control by selecting the business unit in scope using the task Configure Procurement and Payables Options.

Enable budgetary control by selecting the business unit in scope using the task Configure Procurement Business Function.

Enable budgetary control by selecting the ledger and business unit by using the task Manage Budgetary Control.

Correct Answer: B