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1Z0-1065-22 Real Exam Questions

Oracle Procurement Cloud 2022 Implementation Professional

160 questions available · Page 1 of 16

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Question 1 Multiple choice

In relation to a Business Unit, which two statements are true?

  1. A

    It is used to post transactions to multiple primary ledgers.

  2. B

    It is used to partition subledgers.

  3. C

    It can only process transactions on behalf of one legal entity.

  4. D

    It can be consolidated into a managerial and legal hierarchy.

  5. E

    It must only have a single function.

Show answer and explanation

Correct answers: D, E

Question 2 Single choice

A replenishment requisition is created with the following details and imported through an open interface in Oracle Procurement Cloud: Requisition date - 10/10/2012 (DD/MM/YYYY)
Requisition Business Unit (BU) - BU1
Item - AS16168
Identify the Blanket Purchase Agreement that the application would select to automatically create a Purchase Order.

  1. A

    BPA: 9938
    Type: Global BPA
    Effective Dates: 01/09/2012?1/08/2013
    Item: AS16168
    BU: All
    Automatically generate orders flag: Yes

  2. B

    BPA: 8787
    Type: Local BPA

    Effective Dates: 01/03/2012?1/12/2013
    Item: AS16168
    BU: BU2
    Automatically generate orders flag: No

  3. C

    BPA: 8837
    Type: Global BPA
    Effective Dates: 01/06/2012?1/07/2013
    Item: AS16167
    BU: BU1
    Automatically generate orders flag: Yes

  4. D

    BPA: 9986
    Type: Local BPA
    Effective Dates: 01/08/2012?1/10/2013
    Item: AS16168
    BU: BU1
    Automatically generate orders flag: Yes

  5. E

    BPA: 7998
    Type: Local BPA
    Effective Dates: 01/01/2012?0/09/2012
    Item: AS16168
    BU: BU1
    Automatically generate orders flag: Yes

Show answer and explanation

Correct answer: C

Question 3 Single choice

Your customer wants to change the Need-by-Date of an open Purchase Order. To make this change, a Change Order is initiated by the customer and the request is now being reviewed by the supplier.

What will be the status of the Purchase Order and the Change Order in the system?

  1. A

    Purchase Order: Pending Supplier Acknowledgement; Change Order: Pending Supplier
    Acknowledgement

  2. B

    Purchase Order: Open; Change Order: Pending Supplier Acknowledgement

  3. C

    Purchase Order: Pending Supplier Acknowledgement; Change Order: Open

  4. D

    Purchase Order: Open; Change Order: Open

  5. E

    Purchase Order: Open; Change Order: New

Show answer and explanation

Correct answer: A

Question 4 Single choice

After gathering requirements from the business leads of customer organization, you have set up the Bill-to location at multiple places during Oracle Procurement Cloud implementation. Identify the source from which the purchase order defaults the Bill-to location.

  1. A

    from the Business Unit setup

  2. B

    from the `Common Payables and Procurement options' first and if it is `Null' then from `Supplier site
    assignment'

  3. C

    from the `Configure Procurement business function'

  4. D

    from the `Configure Requisitioning business function'

  5. E

    from the `Supplier site assignment' first and if it is `Null' then from `Common Payables and
    Procurement options'

Show answer and explanation

Correct answer: C

Explanation

Common Payables and Procurement Configuration setting for the Sold-to BU

References:
http://docs.oracle.com/cd/E37017_01/doc.1115/e22658/F387038AN185BD.htm

Question 5 Multiple choice

In Self Service Procurement, a user is not able to search for one of the inventory items. Identify three

configuration issues that could be causing this problem.

  1. A

    The particular item is defined as "BOM Enabled" in PIM.

  2. B

    The particular item has not been marked as a "Purchased" item with the Purchasing operational attribute group.

  3. C

    The particular item is not part of any Procurement catalog.

  4. D

    The particular item does not belong to any Purchasing Category.

  5. E

    The particular item is not defined as a"Transactable" item in PIM.

Show answer and explanation

Correct answers: A, B, C

Question 6 Single choice

Your customer has defined some new roles for specific organizational needs.

Where would you assign these additional roles?

  1. A

    Fusion Functional Setup Manager (FSM) > Manage Users task

  2. B

    Fusion Identity Manager (FIM) > Provision Roles screen

  3. C

    Fusion Applications Policy Manager (APM)

  4. D

    Fusion Human Capital Management (HCM)

Show answer and explanation

Correct answer: A

Explanation

You can create new organizations using the Manage Sales and Marketing Organizations option in the Functional Setup Manager or the Oracle Fusion Partner Management user interface. You can also create new resource organizations from the User Management interface. You can also use the interface to manage user accounts and roles, and to create employee and partner-member users.
References:
http://docs.oracle.com/cd/E28271_01/fusionapps.1111/e20433/F535207AN31D72.htm#F476518AN
32021

Question 7 Multiple choice

Purchasing document descriptive flexfields and value sets provide a way of capturing additional information for display and reporting.

What three purchasing documents can make use of descriptive flexfields?

  1. A

    Approved Supplier List Entries

  2. B

    Blanket Purchase Agreements

  3. C

    Requisitions

  4. D

    Document Types

  5. E

    Supplier Qualifications

Show answer and explanation

Correct answers: C, E

Question 8 Single choice

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?

  1. A

    Create a Planned Purchase Order for the fixed price supplier and do not create any kind of agreement for the varied price supplier.

  2. B

    Create a Blanket Purchase Agreement for the negotiated price supplier and a Contract Purchase Agreement for the varied price supplier.

  3. C

    Create a Contract Purchase Agreement for the varied price supplier and do not create any kind of agreement for the fixed price supplier.

  4. D

    Create a Contract Purchase Agreement for the fixed price supplier and a Blanket Purchase Agreement for the varied price supplier.

Show answer and explanation

Correct answer: B

Question 9 Single choice

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.

  1. A

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

  2. B

    intercompany transaction between legal entities of countries A and B

  3. C

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

  4. D

    intercompany transaction between business units of countries A and B

Show answer and explanation

Correct answer: D

Explanation

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 10 Single choice

Your client's business requires that only requester A is provided access to the punchout catalog and not requester B.
Identify the configuration to achieve this.

  1. A

    Assign the "advance procurement requester" role to requester A and the "procurement requester" role to requester B.

  2. B

    Set the punchout catalog-associated content zone security to "Secured by worker" with the value
    "Requester A" and no setup for requester B.

  3. C

    Set the punchout catalog security in the punchout catalog definition page to "Secured by worker" with the value "Requester A" and no setup for requester B.

  4. D

    Assign the "punchout catalog request" role to procurement requester A and "procurement requester" role to requester B.

Show answer and explanation

Correct answer: B

Explanation

Secured by worker: This option is always available for procurement or for requisitioning. The content zone is accessible only to those workers assigned to the content zone. Note: When content zones are created for procurement business units, administrators indicate whether the content zones are to be used for procurement or for requisitioning. Designating the use of the content zone determines to which flow the content zone is applied. A content zone for requisitioning can be accessible to all users working in specific requisitioning business units or to specific users
References:
https://docs.oracle.com/cd/E48434_01/doc.1118/e49610/F1007477AN13B51.htm