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

Oracle 1Z0-1065-21 Online Questions & Answers

• Question 131:

  Identify the three sources from which Supplier Qualification Management gathers the required data (supplier information)

  A. Qualification questionnaires
  B. Sourcing bids
  C. Profile updates
  D. Legacy systems
  E. Expired Contracts
  A. Qualification questionnaires
  B. Sourcing bids
  C. Profile updates

• Question 132:

  Your customer organization is headquartered in Toronto, and has three manufacturing facilities in Mexico, Taiwan and Austria. The raw material requirements for these three manufacturing units are consolidates and procured from Mexico through the Mexico procurement division. Identify an appropriate way to model this scenario in Oracle Procurement Cloud.

  A. Requisitioning BU: Toronto and Procurement BU: Mexico
  B. Requisitioning BU: Toronto and Procurement BU: Toronto
  C. Requisitioning BU: Mexico, Taiwan, Austria and Procurement BU: Mexico
  D. Requisitioning BU: Toronto, Taiwan, Austria and Procurement BU: Mexico
  E. Requisitioning BU: Mexico, Taiwan, Austria and Procurement BU: Toronto
  C. Requisitioning BU: Mexico, Taiwan, Austria and Procurement BU: Mexico

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  Explanation/Reference:

• Question 133:

  Your organization is implementing Supplier Qualification Management (SQM) and wants the supplier qualification process to be executed with segregation of duties in the following manner:

  For qualification manager (Vendor development team-VD) Independent evaluation (Procurement Department-PD)

  Involvement of internal subject matter experts (SME)

  Identify the correct setup to meet this requirement.

  A. initiatives created and owned by VD, internal response and evaluation by SME
  B. initiatives created and owned by VD, internal response by SME, and evaluation by PD
  C. initiatives created and owned by VD, internal response by PD, and evaluation by SME
  D. initiatives created and owned by VD, internal response by VD, and evaluation by SME
  B. initiatives created and owned by VD, internal response by SME, and evaluation by PD

• Question 134:

  Identify the three business benefits provided by the Manage Approval Rules user interface.

  A. faster ramp-up time to set up approval rules
  B. quick information search
  C. support for common business requirements to route approvals based on aggregated information
  D. minimal dependency on IT group for rules setup
  E. ease of ordering items
  B. quick information search
  C. support for common business requirements to route approvals based on aggregated information
  E. ease of ordering items

• Question 135:

  Which user-defined attribute type in Purchasing Document Approval Rules Management supports the aggregation of data across lines or distributions based on a set of filters?

  A. Currency attribute
  B. Summation attribute
  C. Custom attribute
  D. Category attribute
  B. Summation attribute

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  Explanation/Reference:

  Summation attributes support the aggregation of data across lines or distributions using a set of filters. You can set up the filters using requisition attributes, or you can use rollups in the Procurement Category Hierarchy, Cost Center, Balancing Segment, Management Segment, or Natural Account hierarchies.

• Question 136:

  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.
  C. The Qualification manager does not have the "Manage Suppliers" action enabled in procurement agent definition.

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  Explanation/Reference:

  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 137:

  Your customer has a requirement that whenever an employee who is an approver of documents like blanket agreements or purchase order goes on vacation, the administrator should be able to provide an alternate approval route for the documents being submitted by the employee's subordinates. Identify the rule which is required to be setup to achieve this:

  A. Modified rule in `document approval' task
  B. Substitute rule in `document approval' task
  C. Re-assign the approval task by providing alternate id of a new approver
  D. Document approval
  B. Substitute rule in `document approval' task

• Question 138:

  An automobile parts manufacturer has decided to implement only the Cloud Purchasing product from the Oracle Procurement Cloud pillar. Which setup component will not be required for this implementation?

  A. Purchasing Line Types
  B. Document Styles
  C. Procurement Business Function
  D. Negotiation template
  E. Procurement Agents
  D. Negotiation template

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  Explanation/Reference:

  References: https://docs.oracle.com/cloud/farel8/procurementcs_gs/FASUP/F1175423AN1242E.htm

• Question 139:

  Your category manager wants to have the ability to conduct forward auctions in the Sourcing Cloud to liquidate excess inventory. What feature should be enabled to allow this?

  A. Manage Seller Negotiations
  B. Sourcing Programs
  C. Consolidate Negotiation Lines on Purchase Order
  D. Define Default Line Attributes in Negotiations
  E. Capture Forward Auction Negotiations
  A. Manage Seller Negotiations

• Question 140:

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

  US East BU and US West BU that perform requisitioning-related business processes and tasks. The US East BU provides payment services for its own invoices and for the US West BU's invoices. One BU, US Header BU, that is configured

  as a shared Procurement BU with only the Procurement function enabled.

  Identify the correct configuration.

  A. The US East BU needs to be configured as a Payables Payment Service Provider.
  B. The US Header BU needs to be configured as a Payables Payment Service Provider.
  C. The US East BU and US West BU need to be configured as a Payables Payment Service Provider.
  D. The US West BU needs to be configured as a Payables Payment Service Provider.
  A. The US East BU needs to be configured as a Payables Payment Service Provider.

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  Explanation/Reference: