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1Z0-1065-21 Real Exam Questions

Oracle Procurement Cloud 2021 Implementation Essentials

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Question 1 Single choice

Your customer has the following approval hierarchy:
1. Role: Employee; Document: Purchase Requisition; Approval Limit: $3500
2. Role: Manager; Document: Purchase Requisition; Approval Limit: $6700
3. Role: Senior Manager; Document: Purchase Requisition; Approval Limit: $12000 Purchase Order requisitions are set up with an approval method of Employee-Supervisor hierarchy and a Forward method of Direct. "Can Change Forward-To" is set to No. An employee has created a purchase requisition with a total amount of $8200, and wants the manager to review the requisition electronically before it is approved.

How can this requirement be fulfilled?

  1. A

    Advise the employee to change the Forward-To on the requisition to the manager.

  2. B

    Advise the employee to print the requisition, scan it into an email, and then email it to the manager.

  3. C

    Advise the manager to have the senior manager forward the requisition back to the employee before approving.

  4. D

    Advise the employee to have the manager review the requisition via the requisition summary form before submitting the requisition for approval.

Show answer and explanation

Correct answer: D

Question 2 Multiple choice

Select two document sequencing setups that are performed in the "Configure Requisitioning Business Function" task.

  1. A

    Next Agreement Number

  2. B

    Next Requisition Number

  3. C

    Next Negotiation Number

  4. D

    Next Purchase Order Number

  5. E

    Next Receipt Number

Show answer and explanation

Correct answers: B, D

Explanation

e Procurement Application Administrator has access to the Configure Requisition Business Function page for setting up a business unit that has a requisitioning business function associated with it. The attributes specified here are used to default values and behavior of the application when users are creating requisitions and purchase orders for the requisitioning BU.
References:
https://docs.oracle.com/cd/E56614_01/procurementop_gs/OAPRO/F1061043AN3FFA8.htm

Question 3 Multiple choice

Identify five business functions that must be configured in order to implement a complete Procure-to-Pay business process in Oracle Procurement Cloud. (Choose five.)

  1. A

    Incentive Compensation

  2. B

    Purchasing

  3. C

    Requisitioning

  4. D

    Invoicing

  5. E

    Receiving

  6. F

    Inventory

  7. G

    Payments

Show answer and explanation

Correct answers: B, C, D, E, G

Question 4 Single choice

During a Oracle Procurement Cloud implementation, you are going to implement Purchasing and Self Services Procurement. Identify the configuration step that will ensure that the tasks related to the other Procurement Cloud products like Supplier Portal Cloud are not available in Functional Setup Manager (FSM) during configuration.

  1. A

    Enable tasks related to Supplier Model during Configure Offering

  2. B

    Enable only `Purchasing' and `Self Service Procurement' during Configure Offering.

  3. C

    Enable `Procurement' pillar and do not assign the tasks to the implementation consultant in FSM.

  4. D

    Enable all modules during Configure Offerings and disable the tasks related to unrelated modules in
    FSM.

Show answer and explanation

Correct answer: B

Explanation

Provisioning Offerings
The Provisioned column on the Configure Offerings page shows whether or not an offering is provisioned.

While you are not prevented from configuring offerings that have not been provisioned, ultimately the users are not able to perform the tasks needed to enter setup data for those offerings until appropriate enterprise applications (Java EE applications) are provisioned and their location (end point URLs) is registered.
References:
https://docs.oracle.com/cloud/farel8/procurementcs_gs/FASUP/F1175419AN103FD.htm

Question 5 Single choice

Your customer has requested you to set up a Procurement Business Unit to server the procurement needs of various Requisitioning Business Units.

How would you set up the Shared Procurement model in Oracle Procurement Cloud?

  1. A

    by setting up a Service Provider relationship in the Business Unit setup

  2. B

    by setting up the Default Procurement BU in the Requisitioning Business Function

  3. C

    by setting up a Procurement Business Unit and a Requisitioning Business Unit in the Functional Setup Manager

  4. D

    by providing a default Business Unit in the Procurement Agent setup

Show answer and explanation

Correct answer: A

Explanation

Without the site assignment model each client BU would be forced to establish its own relationship with the supplier. The service provider relationship between the client BU and procurement BU is defined in the businessunit setup.
References:
Oracle Procurement Cloud Using Procurement (Release 9), page 30

Question 6 Single choice

A supplier has one corporate site location and three other site locations from where they supply goods to your client locations. Each site must have its own contract for negotiating and they must be restricted from
viewing each other's negotiations.

How would you configure this?

  1. A

    by giving the Supplier Administrator role to the supplier contract

  2. B

    by restricting supplier contract access to a specific supplier site

  3. C

    by restricting supplier contract access to Supplier Level

  4. D

    by giving the Procurement Agent role to the supplier contract

Show answer and explanation

Correct answer: D

Question 7 Single choice

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.

  1. A

    Configure Requisitioning Business Function

  2. B

    Configure Procurement Business Function

  3. C

    Manage Document Styles

  4. D

    Manage Payables Document Sequence

  5. E

    Manage Purchasing Value Sets

Show answer and explanation

Correct answer: B

Question 8 Multiple choice

In Setup and Maintenance within the Setup page, you can export tasks to a CSV file.

Which two are reasons to use this feature?

  1. A

    Entering data through the setup page is cumbersome.

  2. B

    Data comparison between two sources of setup data.

  3. C

    Manage setup data entry in bulk.

  4. D

    Copy the setup to create a new business unit.

  5. E

    Review import offering data history.

Show answer and explanation

Correct answers: C, E

Question 9 Multiple choice

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

  1. A

    Requester

  2. B

    Location

  3. C

    Supplier

  4. D

    Item

  5. E

    Supplier Site

  6. F

    Category

Show answer and explanation

Correct answers: B, C, D, F

Explanation

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

Question 10 Single choice

You have defined your negotiation style and named it `ABC negotiation style'. Subsequently, you try to add
collaboration team members on a negotiation that is based on the `ABC negotiation style' and find that the
`Collaboration Team' field is disabled. Identify the cause.

  1. A

    The `Requirements and Instructions' checkbox is unchecked in the style.

  2. B

    The `Collaboration Team' checkbox is unchecked in the style.

  3. C

    Cost factors are not set up for negotiations for participants, causing no collaboration to negotiate cost.

  4. D

    Online collaboration is visible only to the Requisition Preparer.

Show answer and explanation

Correct answer: D