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

Oracle 1Z0-1065-21 Online Questions & Answers

• Question 111:

  In an implementation the user would like to send the `External registration' link to their potential suppliers who will be using the Supplier Portal. Where will the user find this link?

  A. In Functional Setup Manager, user should navigate to the `Configure Procurement Business Function' task and select appropriate Business Unit to find this link
  B. Under Supplier Master, the link is available in the menu
  C. In Functional Setup Manager, user should navigate to the `Configure Procurement and Payables Options' task and select appropriate Business Unit
  D. The `External registration' link cannot be shared with any potential suppliers
  A. In Functional Setup Manager, user should navigate to the `Configure Procurement Business Function' task and select appropriate Business Unit to find this link

• Question 112:

  Your customer tells you that in their industry, the response document for an auction is called a `Proposal' instead of the default Fusion 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 Template.
  B. Create a Purchasing Document Style.
  C. Create a Negotiation Style.
  D. Create a Negotiation Type.
  E. Customize the Descriptive Flexfield.
  A. Create a Negotiation Template.
  D. Create a Negotiation Type.

• Question 113:

  Identify the Duty role that you need to associate with the Job role to enable the "new supplier request" functionality.

  A. Supplier bidder duty
  B. Supplier Self Service administrator duty
  C. Supplier sales representative duty
  D. Supplier Self Service clerk duty
  E. Submit supplier registration duty
  E. Submit supplier registration duty

  ---

  Explanation/Reference:

  Only registration requests in pending approval status can be edited. The user must be the current approver and have Supplier Registration Management Duty (Edit Supplier Registration Request privilege), or Supplier Profile Management Duty (Access Supplier Workarea Overview privilege) to edit the registration.

• Question 114:

  When configuring the procurement business function document types, which two purchasing documents require change order templates to be set?

  A. Auctions
  B. Requests for Information
  C. Purchase Orders
  D. Requests for Quotation
  E. Agreements
  B. Requests for Information
  E. Agreements

• Question 115:

  Your customer wants to configure four business units (BUs) as follows:

  Korea, China BUs that perform only requisitioning-related business processes and tasks. A US BU that is configured as a shared Procurement BU with only the Procurement function enabled. A Singapore BU that provides only payment

  services for both Korea and China BUs. Identify an applicable setup to represent how the business unit is used.

  A. The Singapore BU must be assigned the Payables Payment business functions.
  B. The Korea BU must be assigned the Receiving, Payables Invoicing, and Payables Payment business functions.
  C. The China BU must be assigned the Billing and Revenue and Requisitioning business functions.
  D. The Singapore BU must be assigned with the Billing and Revenue and Payables Invoicing business functions.
  E. The US BU must be assigned the Requisitioning and Procurement business functions.
  A. The Singapore BU must be assigned the Payables Payment business functions.

  ---

  Explanation/Reference:

  Centralized payment processing enables you to implement a shared payment service model. Under this model, a single "payment business unit" provides payment services to multiple "invoice business units". Thatis, any business unit with the

  Payables Payment" businessfunction" can provide payment services to other business units with the Payables Invoicing business function.

  References:

  https://fusionhelp.oracle.com/helpPortal/topic/TopicId_P_F4FAD941BEF953E0E040D30A68811F09

• Question 116:

  Your customer is a global company and has multiple legal entities across countries:

  Vision China (Legal Entity) 1) has a China Distribution Business Unit (BU). Vision US (Legal Entity) 2) has a US Distribution BU.

  They have the following requirements:

  1.

  To make purchases from or sell to the other legal entities using intercompany transaction

  2.

  To automatically determine the sold-to legal entity on a Purchase Order (PO) by using Supply Chain Financial Orchestration (SFO)

  Identify three applicable setups in Oracle Procurement Cloud to fulfill these requirements.

  A. Set up the Default Legal Entity on the Configure Requisitioning Business Process page.
  B. Define a primary route on financial orchestration flow to enforce the sold-to legal entity on a PO.
  C. Set up the "Multiple Legal Entities on Order" value to "Allow" on the Configure Requisitioning Business Process page.
  D. Create Profit Center BU to Party Relationships.
  E. Set up the default procurement business unit for Default Legal Entity in Manage Purchasing Profile Options.
  B. Define a primary route on financial orchestration flow to enforce the sold-to legal entity on a PO.
  D. Create Profit Center BU to Party Relationships.
  E. Set up the default procurement business unit for Default Legal Entity in Manage Purchasing Profile Options.

  ---

  Explanation/Reference:

  How the Sold-To Legal Entity Is Determined

  The following steps are performed in and by the application to determine the sold-to legal entity on a purchase order.

  Here is a simplified example of how that might work:

  References:

  https://fusionhelp.oracle.com/helpPortal/topic/TopicId_P_F72B15B6E4B74B74E043B69BF40A0BA0

• Question 117:

  You want Supplier Accounts to be created by external supplier users in Supplier Portal. Which Supplier Registration option would allow this?

  A. Global Supplier Registration
  B. Discrete Supplier Registration
  C. Internal Supplier Registration
  D. External Supplier Registration
  D. External Supplier Registration

• Question 118:

  During a Cloud Procurement implementation, you have gathered the required details for setting up approvals for blanket purchase agreements. Identify the task under which you will need to configure the business rules setup in approval management system:

  A. `Requisition approval' task
  B. `Purchasing document management'task
  C. Manage Purchasing Document Approval
  D. `Blanket agreement approval' task
  E. `Purchasing agreement approval' task
  B. `Purchasing document management'task

• Question 119:

  Which three are supplier lookups from the Supplier functional area?

  A. Freight Terms
  B. Business Classification
  C. Minority Group
  D. Supplier Type
  E. Tax
  B. Business Classification
  D. Supplier Type
  E. Tax

• Question 120:

  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