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

Oracle 1Z0-1065-21 Online Questions & Answers

• Question 141:

  Your customer wants to use the Negotiations Online message functionality to interact with suppliers participating in a negotiation. Identify three features of the Negotiation Online message functionality.

  A. You can send SMS to suppliers.
  B. The online messages will be retained for future reference and audit trail.
  C. You can add attachments in the message.
  D. You can do online chatting.
  E. Suppliers can raise clarifications for an auction online and you can respondwith answers online.
  B. The online messages will be retained for future reference and audit trail.
  C. You can add attachments in the message.
  E. Suppliers can raise clarifications for an auction online and you can respondwith answers online.

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  Explanation/Reference:

  C: TheAttachments Flag is a flag that indicates the presence of an attachment that can be downloaded online.

  E:The Category Manager may receive inquiries from a supplier asking for clarification about a negotiation requirement or line attribute. The Category Manger pauses the negotiation while she is conducting a discussion with the supplier.

  References:

  https://docs.oracle.com/cd/E56614_01/procurementop_gs/OAPRC/F1007481AN23290.htm#F10074 49AN23359

• Question 142:

  Your customer is implementing the full suite of Cloud procurement. They would like to know how best they can utilize the Contract Terms library.

  Identify three applications from where users can access the Contract Terms library for setting up "contract terms" for different documents. (Choose three.)

  A. Supplier Model
  B. Self Service Procurement
  C. Sourcing
  D. Procurement Contracts
  E. Purchasing
  C. Sourcing
  D. Procurement Contracts
  E. Purchasing

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  Explanation/Reference:

  C: The procedure for conducting and awarding a two-stage RFQ in Fusion Sourcing quote information includes contact terms.

  D: Adding Contract Terms

  IfOracle Fusion Procurement Contracts is installed and configured, you can access contract information created and stored in Procurement Contracts and associate it with your negotiation document. Such information could identify important

  deliverables or contract clauses suppliers must provide along with the timeline governing the deliverable management.

  E: In Oracle Fusion Purchasing a purchase order can be created through an automated process or entered manually.

  You can communicate your purchase orders andagreements along with any amendments, attachments, contract terms, and contractual deliverables to suppliers using print, fax, or e-mail.

  References:

  Oracle Procurement Cloud Using Procurement (Release 9), pages 155, 213, and 248

• Question 143:

  During Cloud procurement implementation, your customer has a requirement to ensure that all purchasing documents must go through budgetary control and the purchasing transaction must be stopped from processing if the funds are unavailable. Identify the configuration required to achieve this requirement.

  A. Select the "enforce budget" check box under the Configure Procurement Business Function
  B. The budget must be set up with control level as Advisory.
  C. The budget must be set up with control level as Track.
  D. The budget must be set up with control level as Absolute.
  D. The budget must be set up with control level as Absolute.

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  Explanation/Reference:

  The budget track level Absolute stops transactions when there are insufficient funds.

• Question 144:

  A Procurement Contracts user wants to create a deliverable with output document as Purchase Order in Oracle Purchasing Cloud. The user would like to know the status of the PO creation and also details of the PO. Identify the location where the user can view this information.

  A. The user cannot view the PO information in Procurement contract. They must navigate to Purchasing.
  B. The user can view the purchase order in the Deliverable tab of that contract in Procurement Contracts.
  C. The user can view the purchase order in the "Purchasing Activity" tab under the Fulfillment tab of that contract in Procurement Contracts.
  D. The user can view the PO information under the Purchasing tab in contract line of that contract in Procurement Contracts.
  C. The user can view the purchase order in the "Purchasing Activity" tab under the Fulfillment tab of that contract in Procurement Contracts.

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  Explanation/Reference:

  You must run the Track Purchasing Activity process to display information about the status of purchase orders or agreements created in Oracle Fusion Purchasing on the contract fulfillment's Purchasing Activity tab.

  References:

  https://docs.oracle.com/cloud/farel8/procurementcs_gs/FASCA/F1174615AN1AFD6.htm

• Question 145:

  During a Procurement Contract implementation, a customer would like to set up approvals for procurement contract documents. The customer has four departments and any contract needs to be approved by all the four department users. Identify the configuration to fulfill this requirement.

  A. Set up one approval group and include the four department users with voting regime as first responder wins.
  B. Set up one approval group and include the four department users with voting regime as consensus.
  C. Set up employee supervisor hierarchy for all four department users and add them to an approval group.
  D. Set up user group for the four departments and set up individual rules for the four department users.
  B. Set up one approval group and include the four department users with voting regime as consensus.

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  Explanation/Reference:

  Preapproval Header Consensus

  Approvals are routed in parallel for this participant. This participant is more commonly used in conjunction with approval groups. This participant requires approval from all approvers.

  References:

  https://docs.oracle.com/cloud/latest/procurementcs_gs/OAPRO/OAPRO1061036.htm#OAPRO10610

• Question 146:

  In Setup and Maintenance within the Setup page, you can export tasks to a CSV file. Which two are reasons to use this feature?

  A. Entering data through the setup page is cumbersome.
  B. Data comparison between two sources of setup data.
  C. Manage setup data entry in bulk.
  D. Copy the setup to create a new business unit.
  E. Review import offering data history.
  C. Manage setup data entry in bulk.
  E. Review import offering data history.

• Question 147:

  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.

  A. Enable tasks related to Supplier Model during Configure Offering
  B. Enable only `Purchasing' and `Self Service Procurement' during Configure Offering.
  C. Enable `Procurement' pillar and do not assign the tasks to the implementation consultant in FSM.
  D. Enable all modules during Configure Offerings and disable the tasks related to unrelated modules in FSM.
  B. Enable only `Purchasing' and `Self Service Procurement' during Configure Offering.

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  Explanation/Reference:

  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 148:

  Your customer requires that any approved requisition needs to be reapproved whenever a buyer updates a catalog requisition line during requisition processing. Identify the correct setup to fulfill this requirement.

  A. In the "Configure requisitioning" business function, select "Approval required for buyer modified lines."
  B. After requisition modification, a buyer needs to reassign the requisition line to the requisition authority for approval.
  C. Configure the PO Approval rule in such a way that buyer-modified requisition lines will go for approval again.
  D. Configure "requisition approval rule" to include the "Approval required for buyer modified lines" condition.
  A. In the "Configure requisitioning" business function, select "Approval required for buyer modified lines."

• Question 149:

  Identify the complete sequence for the Procure-to-Pay flow.

  A. Create Requisition > Create Job Order > Build Inventory > Transfer Inventory > Pay Supplier > Return Goods to Supplier.
  B. Create Requisition > Create Purchase Order > Fulfill Purchase Order > Enter Invoice > Match Invoice > Pay Supplier.
  C. Create Requisition > Request for Quote > Analyze Quote > Award Supplier.
  D. Enter Invoice > Match Invoice > Pay Supplier > Return Goods to Supplier.
  C. Create Requisition > Request for Quote > Analyze Quote > Award Supplier.

• Question 150:

  During the implementation, your customer wants to understand the key features of the two-stage Request For Quotation (RFQ) available in Oracle Sourcing Cloud. Identify three features of the two-stage RFQ. (Choose three.)

  A. Open Auctions
  B. Response Visibility Open
  C. Technical and Commercial Evaluation
  D. Two stage Evaluation
  E. Response Visibility Blind
  F. Response Visibility is always Sealed
  C. Technical and Commercial Evaluation
  D. Two stage Evaluation
  F. Response Visibility is always Sealed

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  Explanation/Reference:

  The two-stage RFQ process involves the submission by the suppliers of a technical quote and a commercial quote. The technical quotes are opened and evaluated first to determine a list ofqualified suppliers, and only then are the commercial quotes of the qualified suppliers opened and evaluated. TWO STAGE RFQ Ensure impartial judgment of supplier responses in markets that require technical and commercial evaluation of proposals to be doneindependently. While suppliers submit their responses as a single bid package, category managers first analyze the technical merits of the proposal while the commercial aspects of the bid remain sealed. Commercial details of bids that pass the technical evaluation are disclosed in the second evaluation phase, while the details of failed bids remain sealed. Category managers enter surrogate responses on behalf of suppliers by submitting the technical terms of the proposal during the first stage of the negotiation, and only entering the commercial terms if the first stage evaluation is successful. References:

  See What's Coming in Oracle Procurement Cloud (Release 9), page 8 https://fusionhelp.oracle.com/helpPortal/topic/TopicId_P_EDADAB5CC7CF0747E040D30A68811553