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

Oracle 1Z0-1065-21 Online Questions & Answers

• Question 1:

  What is required to make data available in Oracle Procurement Cloud Transactional Business Intelligence graphs?

  A. Configure the Extract Transform and Load tool and data will be populated in real time.
  B. Schedule concurrent requests to run every hour.
  C. No need to schedule anything; data will be populated in real time.
  D. Schedule ESS jobs to run according to customer requirements.
  C. No need to schedule anything; data will be populated in real time.

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  Explanation/Reference:

  With Oracle Fusion Transactional Business Intelligence embedded analytics, role-based dashboards, and on-the- fly ad hoc reportingcapabilities make data access and interpretation easier than ever before. Users are able to see updates in

  real-time, and their impact, through embedded analytics. For example, during the compensation budgeting process, a manager is able to see a running tally for reference right on the page.

  References:

  http://www.oracle.com/us/products/applications/fusion/hcm-fusion-transactional-bi-1543884.pdf

• Question 2:

  During an implementation where Procurement Contract and Supplier Portal are being implemented, the Procurement Contract user (buyer) has created deliverables on a supplier, which also has an identified Supplier Portal user. The supplier

  has requested the buyer to email details of the deliverable.

  Advise the buyer on how he or she can communicate the deliverable details to the supplier through the application.

  A. The supplier can view the deliverable from the supplier portal under the Deliverables tab.
  B. The supplier can view the deliverable from the Supplier Portal byclicking the Manage Deliverables link.
  C. The supplier can view the deliverable by opening the contract in the Contracts tab in the Supplier Portal.
  D. The supplier can view the deliverable by navigating to the Agreements tab from the Supplier Portal.
  A. The supplier can view the deliverable from the supplier portal under the Deliverables tab.

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  Explanation/Reference:

  How can I change the due dates, notifications, and other contract deliverable details? You can change the due dates, notifications, and other contract deliverable definition details in the Deliverables tab of a contract that is in Draft or Under Amendment status. Once the contract becomes active and deliverables are automatically activated creating deliverable instances, you can only make changes to deliverables status, notes and attachments using the Manage Deliverables task. For internal deliverables with a fixed due date that you can manually activate at any time irrespective of contract status, you can only make changes to deliverable definition details before you activate them. References: https://docs.oracle.com/cd/E56614_01/procurementop_gs/FASCA/F1174613AN14980.htm

• Question 3:

  For Payables and Procurement, what three common controls and default values need to be set for each business unit?

  A. Collaboration Messaging
  B. Automatic Offsets
  C. Buyer Assignment
  D. Currency Conversion
  E. Expense Accruals
  B. Automatic Offsets
  D. Currency Conversion
  E. Expense Accruals

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  Explanation/Reference:

  Default distributions Automatic offsets Currency conversion Expense accruals Self-billed invoices Legal entity information

• Question 4:

  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/Reference:

• Question 5:

  You are in negotiations with a set of suppliers. After the award process was completed, you were told that none of the suppliers received any email notification. Identify two applicable reasons for this.

  A. The Share Award Decision check box was not selected during completion of the award.
  B. Fusion Security restricts external email communication.
  C. Notifications can be sent only while inviting suppliers and not when awarding them.
  D. The Do Not Notify Suppliers check box was selected.
  E. The email notification server was not configured.
  B. Fusion Security restricts external email communication.
  D. The Do Not Notify Suppliers check box was selected.

• Question 6:

  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

• Question 7:

  You define a payment term Net 30 in the "Define Payment Terms" task. While configuring a supplier, you try to assign the payment term Net 30 to a supplier site but the list of values (LOV) is empty.

  A. The supplier site is inactive.
  B. The data set containing the payment term Net 30 is not assigned to the procurement BU.
  C. The payment term Net 30 is not active.
  D. The payment term Net 30 is not defined at procurement options.
  B. The data set containing the payment term Net 30 is not assigned to the procurement BU.

• Question 8:

  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 9:

  Your customer frequently orders a specific item from a selected list of suppliers. Some of the suppliers provide the item at a negotiated price, whereas other suppliers change the price throughout the year. How should you set up this item in Oracle Procurement Cloud to address both requirements?

  A. Create a Planned Purchase Order for the fixed price supplier and do not create any kind of agreement for the varied price supplier.
  B. Create a Blanket Purchase Agreement for the negotiated price supplier and a Contract Purchase Agreement for the varied price supplier.
  C. Create a Contract Purchase Agreement for the varied price supplier and do not create any kind of agreement for the fixed price supplier.
  D. Create a Contract Purchase Agreement for the fixed price supplier and a Blanket Purchase Agreement for the varied price supplier.
  B. Create a Blanket Purchase Agreement for the negotiated price supplier and a Contract Purchase Agreement for the varied price supplier.

• Question 10:

  Your customer tells you that the agreement document sequencing should be 10-digit numbers starting with 999 (for example 9990000001, 9990000002, and so on) and the negotiation document sequencing should also be 10-digit numbers but should start with 777 (for example 7770000001, 7770000002, and so on). Identify the functional task where you will set up the required document numbering.

  A. Configure Requisitioning Business Function
  B. Configure Procurement Business Function
  C. Manage Document Styles
  D. Manage Payables Document Sequence
  E. Manage Purchasing Value Sets
  B. Configure Procurement Business Function