Oracle 1Z0-1065-22 Online Practice Questions and Exam Preparation

Oracle 1Z0-1065-22 Online Questions & Answers

• Question 1:

  Your customer is implementing Oracle Procurement Cloud applications with multiple Requisition Business Units. Each Business Unit has employees who need the ability to create requisitions. The customer does not want all employees in the

  organization to be able to create requisitions using the self-service application; however, they should be able to search for information (for example, contact details) relating to other employees.

  To restrict certain employees from being able to create requisitions, identify the inherited role that must be removed from the seeded Employee role.

  A. Procurement Requester
  B. Contingent Worker
  C. Procurement Administrator
  D. Employee
  E. Procurement Preparer
  A. Procurement Requester

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  An internal supplier registration can come from one of the following three flows:

  References:

  Oracle Procurement Cloud Using Procurement (Release 9), page 24

• Question 2:

  Which areas are part of the streamlined procure-to-pay process in Oracle Procurement Cloud?

  A. Pay, Supplier, Requisition
  B. Pay, Catalog, Purchase
  C. Pay, Supplier, Purchase
  D. Pay, Requisition, Purchase
  E. Pay, Catalog, Requisition
  D. Pay, Requisition, Purchase

• Question 3:

  As a Supplier Qualification administrator, you have asked the suppliers to provide details of Product and services offered by them by logging in to the Supplier Portal. How will you configure so that the external supplier users can provide feedback on their Product and Services?

  A. Configure a question with attribute as `Product and Services' and ask the supplier user to attach the details while answering the question
  B. Configure a question and ask the supplier to enter text against the selected Product and Service from Supplier Master
  C. Configure an open question so that supplier can enter Product and Services offered by them
  D. Configure a question and list all the Product and services and ask the supplier to respond by entering details
  A. Configure a question with attribute as `Product and Services' and ask the supplier user to attach the details while answering the question

• Question 4:

  Your customer has several Procurement centers across the world. During implementation, the customer wants to implement the same payment terms policy for all the Business units. Identify the correct approach to fulfill this customer requirement in the application using Functional Setup Manager.

  A. Define same payment terms across all Business Units
  B. Define `Payment Terms' and assign those to one reference object. Then assign that reference object to all Business Units for reference object `Payment Terms'
  C. Use `Common' reference object for all Business Units
  D. Define Payment Terms in each business unit and assign those to different reference objects specific to those Business Units?
  B. Define `Payment Terms' and assign those to one reference object. Then assign that reference object to all Business Units for reference object `Payment Terms'

• Question 5:

  A buyer often orders an item BA82829 by box but the same store manager stocks the item as individual units by using the `Each' unit of measure. Item BA82829 can be ordered from three suppliers and the box sizes differ by supplier (12, 24 and 36). Identify the correct option to set up these units of measure in Product Hub (PIM).

  A. Create a Box UOM and an Each UOM and assign them to different UOM classes.
  B. Create a Box UOM and an Each UOM and assign both to the same UOM classes.
  C. Create multiple BoxY UOMs, where Y is the quantity per box, and an Each UOM, and assign them to the same UOM class.
  D. Create multiple BoxY UOMs, where Y is the quantity per box, and an Each UOM, and assign them to different UOM classes.
  E. Always use the Each UOM and do not create Purchase Orders for Box.
  B. Create a Box UOM and an Each UOM and assign both to the same UOM classes.

• Question 6:

  Identify the statement that is not valid for Oracle Cloud Procurement Contracts.

  A. The Contracts terms template defines pre-approved boiler plate for the type and circumstances for the contract
  B. The Contracts terms template drives rules to help you follow company policy
  C. Allows you to capture any change in Terms and Conditions of Contract in MS Word
  D. Allows you to publish Contracts on Social Networks
  D. Allows you to publish Contracts on Social Networks

• Question 7:

  An organization has been receiving incomplete Supplier Profile Data during the supplier onboarding and qualification process. Identify the way to ensure that the required Supplier Profile data is entered by a supplier during the qualification process.

  A. Create an initiative with questions classified by Standards Organization.
  B. Create an initiative with questions mapped to supplier attributes.
  C. Create an initiative with questions Responder Type is internal.
  D. Create an initiative with questions classified by Subject.
  B. Create an initiative with questions mapped to supplier attributes.

• Question 8:

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

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  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 9:

  Your customer frequently orders a specific item from a selected list of suppliers. Some of the suppliers provide the item at a negotiated price, whereas other suppliers change the price throughout the year. How should you set up this item in Oracle Procurement Cloud to address both requirements?

  A. Create a Planned Purchase Order for the fixed price supplier and do not create any kind of agreement for the varied price supplier.
  B. Create a Blanket Purchase Agreement for the negotiated price supplier and a Contract Purchase Agreement for the varied price supplier.
  C. Create a Contract Purchase Agreement for the varied price supplier and do not create any kind of agreement for the fixed price supplier.
  D. Create a Contract Purchase Agreement for the fixed price supplier and a Blanket Purchase Agreement for the varied price supplier.
  B. Create a Blanket Purchase Agreement for the negotiated price supplier and a Contract Purchase Agreement for the varied price supplier.

• Question 10:

  While creating a Purchase Order, you observe that the system is defaulting Net 30 as the payment term instead of the intended payment term Net 15. Identify two ways to achieve the desired defaulting. (Choose two.)

  A. Set Net 15 for the supplier site.
  B. Set Net 30 for the supplier site and leave the payment term blank in procurement options.
  C. Update Net 15 in procurement options and leave the payment term blank for this supplier at all levels.
  D. Update Net 15 in procurement options and Net 30 for the supplier site.
  A. Set Net 15 for the supplier site.
  B. Set Net 30 for the supplier site and leave the payment term blank in procurement options.