Oracle 1Z0-1065-20 Online Practice Questions and Exam Preparation

Oracle 1Z0-1065-20 Online Questions & Answers

• Question 101:

  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 would you do to meet this requirement?

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

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  You can use a negotiation style to control the look of the document and the features available. A style is a good way to create a streamlined negotiation.

• Question 102:

  You are setting up Oracle Cloud Sourcing. You would like participants to provide Insurance and Freight cost for the quotation/RFQ (Request For Quotation) lines. Identify the configuration that will fulfill this requirement.

  A. Add Cost Factors for Freight and Insurance
  B. Personalize the negotiation UI (User Interface) to add the Freight and Insurance attributes.
  C. Add negotiation lines separately to capture Freight and Insurance.
  D. Define a negotiation style and enable DFF (Descriptive FlexField) for Freight and Insurance
  A. Add Cost Factors for Freight and Insurance

• Question 103:

  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 model is not yet approved.
  B. The Qualification manager is not defined as procurement agent.
  C. The Qualification manager does not have the "Manage Suppliers" action enabled in procurement agent definition.
  D. The Qualification manager has not selected the correct procurement BU.
  C. The Qualification manager does not have the "Manage Suppliers" action enabled in procurement agent definition.

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  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

• Question 104:

  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.

  A. Wait until year end, inactivate the old risks data on year end, and create and activate new risks from the same day.
  B. 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.
  C. Create new risks now, enable those at year end, and disable the old data on year end.
  D. The user needs to delete old risks and create new risks around the year end.
  A. Wait until year end, inactivate the old risks data on year end, and create and activate new risks from the same day.
  B. 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.

• Question 105:

  You defined an Approved Supplier List (ASL) with a Blanket Purchase Agreement (BPA) for requisitions. After you submit a requisition with the BPA as a source document, you found an approved requisition and automatically created PO

  (Purchase Order). However, the status of this PO was confirmed as "Incomplete" instead of "Open" as expected.

  Identify two causes for this behavior. (Choose two.)

  A. The "Approval required for buyer modified lines" check box is deselected in the Configure Requisitioning Business Function.
  B. The "Enable negotiation approval" check box is deselected in the Configure Procurement Business Function.
  C. The "Automatically submit for approval" check box is deselected in the BPA that was referenced from the requisition.
  D. The "Allow Purchase Order Approval" check box is deselected in the Manage Approved Supplier List Status, which assigned ASL's status.
  A. The "Approval required for buyer modified lines" check box is deselected in the Configure Requisitioning Business Function.
  C. The "Automatically submit for approval" check box is deselected in the BPA that was referenced from the requisition.

• Question 106:

  Identify two correct statements about Local area and Contextual areas in the common UI Shell. (Choose two.)

  A. Local area includes components that directly affect the Contextual area.
  B. Local area can drive the contents of the regional area and the contextual area.
  C. Local area is the main work area and typically contains the transaction form.
  D. Contextual area provides quick access to tools that support business process.
  E. Contextual area can drive the contents of the local area.
  A. Local area includes components that directly affect the Contextual area.
  C. Local area is the main work area and typically contains the transaction form.

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  Local Area: The local area is in the center of the UI Shell where users do their work. It is the mainwork area and typically contains the transaction form with the menus and controls that enable users to be productive. Controls in, and the

  content or state of, the local area generally affect the contents of the contextual area.

  Main Area: This term designates the combination of the Local Area and the Contextual Area. Contextual Area: The contextual area is in the right-hand pane of the UI Shell, with controls and contents that generally are affected by controls in,

  or the content or state of, the local area; although in specific cases the contextual area can also affect the contents of the local area (causing a local-area reload).

  References:

  http://docs.oracle.com/cd/E36909_01/fusionapps.1111/e15524/ui_impl_uishell.htm

• Question 107:

  Oracle Cloud applications provide a set of predefined Job Roles which can be assigned to users for performing specific activities/operations. Identify the two job roles that can be defined for Cloud Procurement users?

  A. Sourcing Project Collaborator
  B. Procurement Agent
  C. Procurement Contracts Administrator
  D. Procurement Administrator
  A. Sourcing Project Collaborator
  C. Procurement Contracts Administrator

• Question 108:

  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-Prospective > Supplier Response > Promoted as spend authorized > Qualification Evaluation
  C. External Supplier registration-Spend Authorized > Initiative > Supplier Response > Qualification Evaluation > Promoted as spend authorized
  D. External Supplier registration-Spend Authorized > Supplier Response > Qualification Evaluation > Initiative
  A. External Supplier registration-Prospective > Initiative > Supplier Response > Qualification Evaluation > Promoted as spend authorized

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  You can choose to register the new 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.

• Question 109:

  While defining the setup `Define Requisition Configuration', which four options are available for the `Group Requisition Import By' field?

  A. Requester
  B. Location
  C. Supplier
  D. Item
  E. Supplier Site
  F. Category
  B. Location
  C. Supplier
  D. Item
  F. Category

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  Reference: http://docs.oracle.com/cd/A60725_05/html/comnls/us/po/timpreq.htm

• Question 110:

  Alliance Corp's approval policy requires the number of approvers to be based on the Item category. If the total amount of all items within a requisition with Item category "IT" is less than 1000 USD, then the IT manager needs to approve it. But if the total amount of IT category items within a requisition exceeds 1000 USD, then the IT manager, IT director, and CIO need to approve the document. For any other purchasing categories below 1000 USD, the purchasing manager

  approves it; and anything above 1000 USD, the procurement VP approves. Approval policy at Alliance Corp is configured to use the attribute type of "Summation" based on the IT category.

  An employee submits the following requisition:

  LINE DESCRIPTION CATEGORY AMOUNT

  1 Mac Laptop IT. Laptop 899.00

  2 LCD Monitor IT. Monitor 250.00

  3 IPhone6 Telephony. Cellphone 199.99\

  Refer to the exhibit to select the final approving authority.

  

  A. Line 1 and Line 2 are approved by the IT manager, and Line 3 by the purchasing manager.
  B. Line 1 and Line 2 are approved by the CIO, and Line 3 by the purchasing manager.
  C. Line 1 is approved by the IT manager, Line 2 by the IT director, and Line 3 by the purchasing manager.
  D. Line 1 is approved by the purchasing manager, Line 2 by the IT manager, and Line 3 by the IT director.
  B. Line 1 and Line 2 are approved by the CIO, and Line 3 by the purchasing manager.