Oracle 1Z0-1065-21 Online Practice Questions and Exam Preparation

Oracle 1Z0-1065-21 Online Questions & Answers

• Question 1:

  For audit compliance, you require supplier bank account changes made by your supplier administrator to be approved.

  Which step achieves this? (Choose the best answer.)

  A. Set up Approve Internal Changes on Supplier Bank Accounts
  B. Manage Supplier Profile Change Approvals
  C. Set up Supplier-Initiated Profile Change Request
  D. Manage Changes on Supplier Bank Accounts
  E. Configure Supplier Registration and Profile Change Request
  B. Manage Supplier Profile Change Approvals

• Question 2:

  In self-service procurement, you want to allow users to add in their home address for the delivery of certain items.

  Which feature and task should you select? (Choose the best answer.)

  A. Edit Address feature and Configure Purchasing Business Function task
  B. Capture One-Time Address feature and Configure Requisitioning Business Function task
  C. Update Address feature and Configure Self Service Business Function task
  D. Manage Home Address feature and Configure Procurement Business Function task
  B. Capture One-Time Address feature and Configure Requisitioning Business Function task

• Question 3:

  When defining supplier content map sets, which three values should you select that may be converted to values in the procurement business unit? (Choose three.)

  A. Item
  B. Category
  C. Catalog
  D. Supplier
  E. Agreement
  F. UOM
  B. Category
  D. Supplier
  F. UOM

• Question 4:

  Which method should you choose to manage setup data if you have a need to configure and modify the default setup best practices? (Choose the best answer.)

  A. Configure Basic Enterprise Structure
  B. Rapid Implementation Task List
  C. Manage Offerings and Features
  D. Manage Implementation Projects
  D. Manage Implementation Projects

• Question 5:

  In supplier qualification management, you have set up overall supplier response ranking, including Display overall rank to suppliers.

  However for some suppliers, you are not seeing any overall rank being displayed.

  What is the reason? (Choose the best answer.)

  A. Overall rank is not calculated when there are no internal cost factors.
  B. Overall rank is not calculated for suppliers with expired supplier qualification assessments.
  C. Overall rank is only calculated for those suppliers on the approved supplier list.
  D. Overall rank is not calculated for responses with partial lines or quantities.
  E. Overall rank is only calculated for spend authorized supplier responses.
  D. Overall rank is not calculated for responses with partial lines or quantities.

• Question 6:

  To set up Project-Driven Supply Chain (PDSC), you enable the feature in the Manufacturing and Supply Chain Materials Management offering.

  What are two additional tasks that you also need to complete? (Choose two.)

  A. Manage Inventory Organizations
  B. Manage Project Expenditure Types
  C. Manage Default Inventory Organizations
  D. Manage Project Organization Classifications
  E. Manage Inventory Types
  A. Manage Inventory Organizations
  D. Manage Project Organization Classifications

• Question 7:

  Standard lookup values are provided by the application for supplier business classification.

  Which three are preseeded business classifications? (Choose three.)

  A. Hub Zone
  B. ISO14001
  C. Nonprofit Business
  D. Small Business
  E. Green Business
  F. Minority Owned
  A. Hub Zone
  D. Small Business
  F. Minority Owned

• Question 8:

  Identify the document in which the Supplier field is not mandatory.

  A. Invoice
  B. Quotation
  C. Requisition
  D. Purchase Order
  E. Request for Quotation
  A. Invoice

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  explanation:

  Explanation/Reference:

• Question 9:

  Your customer has several Procurement centers across the world. During implementation, the customer wants to implement the same payment terms policy for all the Business units. Identify the correct approach to fulfill this customer requirement in the application using Functional Setup Manager.

  A. Define same payment terms across all Business Units
  B. Define `Payment Terms' and assign those to one reference object. Then assign that reference object to all Business Units for reference object `Payment Terms'
  C. Use `Common' reference object for all Business Units
  D. Define Payment Terms in each business unit and assign those to different reference objects specific to those Business Units?
  B. Define `Payment Terms' and assign those to one reference object. Then assign that reference object to all Business Units for reference object `Payment Terms'

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  explanation:

  Explanation/Reference:

• Question 10:

  During your fusion procurement implementation one of the requirements of your customer is to accrue the expenses on receipt. To fulfill this requirement, you have been asked to setup Expense Accruals to accrue `At Receipt'. Where will you configure this flag ?

  A. Common Payables and procurement options for Procurement business unit
  B. Configure requisitioning business function for requisitioning business unit
  C. Configure procurement business function for procurement business unit
  D. Supplier site assignment for the supplier site
  E. Common Payables and procurement options for Sold-to Business unit Correct
  E. Common Payables and procurement options for Sold-to Business unit Correct