Oracle Oracle Procurement Cloud 1Z0-1065-21 Questions & Answers

• Question 11:

  Which three business users can submit a new supplier request? (Choose three.)

  A. Category Manager

  B. Supplier Administrator

  C. Catalog Administrator

  D. Warehouse Manager

  E. Self-Service Procurement user

  Correct Answer: BCE

• Question 12:

  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

  Correct Answer: CDF

  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

• Question 13:

  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.

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

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

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

  D. Online collaboration is visible only to the Requisition Preparer.

  Correct Answer: D

• Question 14:

  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.

  Correct Answer: C

  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 15:

  Identify three application standard sequence for the in the Setup and Maintenance task list `Define Supplier Configuration'. (Choose three.)

  A. Manage Requirement Section Lookup

  B. Business Classification Lookup

  C. Minority Group Lookup

  D. Tax Organization Type Lookup

  E. Manage FOB Lookup

  F. Manage Freight Terms Lookup

  Correct Answer: BCD

• Question 16:

  Your customer is implementing Cloud Procurement across two countries: A and B. They need

  intercompany transactions to be carried out between these two entities.

  Identify the setup to fulfill this requirement.

  A. Supply Chain financial Orchestration agreement between business units of countries A and B.

  B. intercompany transaction between legal entities of countries A and B

  C. Supply Chain financial Orchestration agreement between legal entities of countries A and B

  D. intercompany transaction between business units of countries A and B

  Correct Answer: D

  Sold-to BU: If the selected BU performs invoicing, then the same BU can be used as the Sold-to BU. However, in certain instances due to tax or legal reasons the client BU may only perform requisitioning with the supplier and another BU assumes the liability for the purchases. In this case a different sold-to BU is selected. The list of soldto BUs that can beselected for a given client BU is determined by the Intercompany Transaction Flow setup. In addition, when a separate Sold-to BU acts as an agent to the client BU an assignment must be created for the soldto BU in order for the BU to process invoices. References: https://docs.oracle.com/cd/E56614_01/procurementop_gs/OAPRC/F1007476AN1079E.htm

• Question 17:

  Name the Oracle Transactional Business Intelligence (OTBI) KPI that indicates the count of approved requisitions where at least one of the requisition lines is assigned to the buyer who has logged in and that requisition line is not implemented into an order, bucketed by the number of days elapsed since the requisition was approved.

  A. Requisition Lines in Process Count

  B. Requisition Aging Count

  C. Requisition Lines Volume Count

  D. Requisition Lines Cycle Time

  E. Requisition Aging Count

  Correct Answer: A

• Question 18:

  During the User acceptance testing of your Cloud Procurement implementation, a user has created a

  purchase order and is trying to submit the purchase order for approval. On clicking Submit, the user gets a

  "Funds check failed" error.

  Identify the cause of this error.

  A. Funds are insufficient and budget type is "Track".

  B. Funds are insufficient and budget type is "Advisory".

  C. Funds are insufficient and budget type is "Absolute".

  D. Funds are available but the approver is not set up as "Budget Manager" for the selected budget for the business unit.

  Correct Answer: C

  The options for budgetary control settings are as follows: Absolute, Advisory, end None Absolute: If

  Absolute is entered, the transaction is rejected unless funds are available. Advisory: If Advisory is entered,

  the transaction is approved even when no funds or insufficient funds are available.

  None: If None is entered, all transactions are approved and there is no funds check.

  References:

  https://docs.oracle.com/cd/E18727_01/doc.121/e13567/T237204T237227.htm

• Question 19:

  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.

  Correct Answer: B

  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 20:

  Identify two fields whose tolerance levels are ignored when data is entered while creating receipts using Enforce Blind Receiving. (Choose two.)

  A. Waybill

  B. Packing Slip

  C. Receiving Quantity

  D. UOM

  E. Receiving Date

  Correct Answer: CE

  Reference: https://docs.oracle.com/cd/E18727_01/doc.121/e13409/T207713T208957.htm