Oracle Oracle Procurement Cloud 1Z0-1065-21 Questions & Answers

• Question 1:

  Identify two activities that a Buying Organization will be able to perform after it provides the Supplier Portal access to Suppliers. (Choose two.)

  A. Create Negotiation flow internally on behalf ofprospective suppliers.

  B. Import supplier data and related entities.

  C. Consolidate suppliers and supplier sites to clean up duplicate suppliers or support supplier acquisitions.

  D. Evaluate prospective suppliers by routing their registrations through a collaborative review process by using a flexible rules engine.

  E. Collect information about prospective suppliers through a self-guided registration flow.

  Correct Answer: DE

  E: The buying organization can collect information about the products and services categories supplied by the company on the registration flow by enabling Products and Services using the Configure Supplier Registration flow.

  D: The Supplier Registration process is used by companies to submit their registration request in order to become asupplier of the buying organization. The buying organization then reviews the registration request using a collaborative review process and determines if it wants to consider this company as a new source of supply. References: https://docs.oracle.com/cd/E56614_01/procurementop_gs/OAPRC/F1007476AN1079E.htm

• Question 2:

  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.

  A. The Contract Template is in `Approved' status.

  B. The document type associated with the Contract Template is `Purchase Order'.

  C. The document type associated with the Contract Template is `Contract Purchase Agreement'.

  D. The Contract Template is not `Approved'.

  E. The document type associated with the Contract Template is `Blanket Purchase Agreement'.

  Correct Answer: ABC

  Reference: http://docs.oracle.com/cd/E37017_01/doc.1115/e22658/F424214AN124DD.htm

• Question 3:

  In Oracle Transactional Business Intelligence (OTBI), which subject area should you use to report on spend for purchase orders and their associated requisitions?

  A. Procurement – Purchasing Real Time

  B. Procurement – Procure to Pay Real Time

  C. Procurement – Spend

  D. Procurement – Requisitions Real Time

  Correct Answer: B

• Question 4:

  You are creating a Purchase Order based on the style `Cloud Purchasing Style'. While entering a Purchase Order line, you find that the line type named GOODS is available but the line type named LINE does not appear. Identify a reason for this behavior.

  A. The line type LINE is not among the selected line types for the document style `Cloud Purchasing Style'.

  B. The Goods check box is not checked for the Purchase Bases field of the Commodities option in the `Create Document Style' task.

  C. The status of the `Cloud Purchasing Style' is not Active.

  D. Display Name for the Purchase Order is not set in the `Create Document Style' task.

  Correct Answer: D

• Question 5:

  While configuring offerings, you had deselected the "Supply Chain Financial Orchestration of Procurement Flows" check box and had locked the feature. However, because of changes in the business requirements, you are required to enable the feature. Identify the prerequisite step to perform this change.

  A. Navigate to the "Select Feature Choices" page of the Procurement Offering and unlock the feature.

  B. Set the implementation status to "In Progress" of the Procurement Offering.

  C. Change the Provisioned to "No" of the Procurement Offering.

  D. Deselect the "Enable for Implementation" check box of the Procurement Offering.

  Correct Answer: D

  If you used Inventory Management intercompany functionality prior to Release 9, then after your upgrade

  to Release 9, you must do the following to enable intercompany supply chain flows using Supply Chain

  Financial Orchestration:

  References:

  Oracle Procurement Cloud Release 9 Whats New (5 May 2015), page 24

• Question 6:

  Which seeded role needs to be associated with the supplier user account so that a supplier can respond to the invited negotiations?

  A. Supplier Bidder

  B. Supplier Customer service representative

  C. Supplier Contract Manager

  D. Supplier Self Service Administrator

  E. Supplier Sales Representative

  Correct Answer: E

• Question 7:

  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 `notes to receiver' in Configure Requisitioning Business Function' for the requisitioning Business Unit.

  B. Update the attribute `notes to receiver' in Common Payables and Procurement Options' for the procurement Business Unit.

  C. Update the attribute `notes to receiver' in the Change Order template for the Purchase Order.

  D. Update the attribute `notes to receiver' in supplier site assignment for the supplier site.

  Correct Answer: C

• Question 8:

  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.

  Correct Answer: C

  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 9:

  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.

  Correct Answer: AC

  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 10:

  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. (Choose two.)

  A. Set Net 15 for the supplier site.

  B. Set Net 30 for the supplier site and leave the payment term blank in procurement options.

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

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

  Correct Answer: AB