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

Oracle 1Z0-1065-22 Online Questions & Answers

• Question 91:

  In negotiations you need to add a colleague to a scoring team, but they are not available. Which two are valid issues that are causing this? (Choose two.)

  A. The person has already been added to the collaboration team.
  B. The person has not been added to the collaboration team.
  C. The person has already been added to a scoring team.
  D. The person has already been added to a requirement section in a scoring team.
  E. The person has been added to have view access.
  B. The person has not been added to the collaboration team.
  E. The person has been added to have view access.

• Question 92:

  A customer's procurement manager has the authority to approve office supply Purchase Orders up to $6,600.00. For all other types of Purchase Orders, there is no approval hierarchy. The customer is located in Kandy and the purchasing

  category for office supplies is Office Supplies. The COA (Chart of Accounts) format is: Company.Business Unit.Cost Center.Account. The future and segment values are 01 for the company, 220 for the Business Unit, 339 for the cost center,

  67887 for the account, and the future is always 000000.

  Identify the approval group setup that would enable this purchasing practice.

  A. Set the Document Total object to include an amount limit of $5,000.00.
  B. Document Total: Amount Limit= $0.00Account Range: Amount Limit = $6,600Account Range: From: 01.220.339.67887.000000 To: 01.220.339.67887.000000Category Range: Amount Limit = $6,600Category Range: From: Office.Supplies To: Office.SuppliesRequisition Document Type setup = `Owner can Approve'
  C. Document Total: Amount Limit = $6,600.00Location: Amount Limit = $6,600 and Location = KandyCategory Range: Amount Limit = $10,000Category Range: From: X.Supplies To: Office.Supplies
  D. Document Total: Amount Limit = $0.00Account Range: Amount Limit = $6,600Account Range: From: 01.220.339.67887.000000 To: 01.220.339.67887.000000Category Range: Amount Limit = $6,600Category Range: From: Office.Supplies To: Office.Supplies
  E. Document Total: Amount Limit = $0.00Account Range: Amount Limit = $6,600Account Range: From: 01.220.339.00000.000000 To: 01.220.339.99999.000000Location: Amount Limit = $5,000 and Location = Kandy
  B. Document Total: Amount Limit= $0.00Account Range: Amount Limit = $6,600Account Range: From: 01.220.339.67887.000000 To: 01.220.339.67887.000000Category Range: Amount Limit = $6,600Category Range: From: Office.Supplies To: Office.SuppliesRequisition Document Type setup = `Owner can Approve'

• Question 93:

  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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  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 94:

  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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  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 95:

  You created a sourcing two-stage sealed RFQ and invited five suppliers to participate. The Technical stage is completed and the Commercial stage is unlocked. At this time in the award negotiation section, in the Award Line you are able to

  see only three supplier's responses as active responses. You are not able to see the other two suppliers' data in the active responses.

  Which two reasons are causing this? (Choose two.)

  A. Supplier responses are closed.
  B. Suppliers have entered the responses. Because the RQF is sealed, you are not able to view these two supplier's data.
  C. Suppliers were already awarded.
  D. Suppliers were not shortlisted in the Technical stage.
  E. You have entered these two suppliers' responses as surrogate responses by a buyer. In the Commercial stage, the buyer has not yet entered surrogate responses.
  D. Suppliers were not shortlisted in the Technical stage.
  E. You have entered these two suppliers' responses as surrogate responses by a buyer. In the Commercial stage, the buyer has not yet entered surrogate responses.

• Question 96:

  A new procurement BU (BU1) is set up in Fusion Procurement to support the purchasing need of a newly acquired company. You are responsible for purchasing function for this new procurement BU. But while creating a Purchase Order for

  the new BU, you observe that the new BU is not appearing in the BU selection list.

  Identify two applicable reasons for this behavior.

  A. You are not configured as a Procurement Agent for the BU1 procurement BU.
  B. The "Manage purchase agreement" check box in the Agent Access section of the Create Procurement page is unchecked.
  C. The procurement BU (BU1) and the Procurement Agent association are not Active.
  D. The "Manage Purchase Order" check box in the Agent Access section of the Create Procurement page is unchecked.
  E. The "Manage purchase agreement" check box in the Agent Access section of the Create Procurement page is checked.
  C. The procurement BU (BU1) and the Procurement Agent association are not Active.
  E. The "Manage purchase agreement" check box in the Agent Access section of the Create Procurement page is checked.

• Question 97:

  Your customer is using Cloud Supplier Qualification Management and Procurement Sourcing. What three actions can the category manager take within a negotiation to solicit additional information from suppliers or internal users? (Choose three.)

  A. Solicit information in your negotiation that in in addition to negotiation lines.
  B. Copy Supplier Qualification Questions in the negotiation as a requirement.
  C. Copy the Supplier Qualification Area and use it as a requirement section.
  D. Create reusable Supplier Qualification questions directly in the negotiation.
  B. Copy Supplier Qualification Questions in the negotiation as a requirement.
  C. Copy the Supplier Qualification Area and use it as a requirement section.
  D. Create reusable Supplier Qualification questions directly in the negotiation.

• Question 98:

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

  A. It is used to post transactions to multiple primary ledgers.
  B. It is used to partition subledgers.
  C. It can only process transactions on behalf of one legal entity.
  D. It can be consolidated into a managerial and legal hierarchy.
  E. It must only have a single function.
  D. It can be consolidated into a managerial and legal hierarchy.
  E. It must only have a single function.

• Question 99:

  When configuring the procurement business function document types, which two purchasing documents require change order templates to be set?

  A. Auctions
  B. Requests for Information
  C. Purchase Orders
  D. Requests for Quotation
  E. Agreements
  B. Requests for Information
  E. Agreements

• Question 100:

  Which two job roles can access the Procurement Dashboard?

  A. Buyer
  B. Procurement Manager
  C. Procurement Preparer
  D. Procurement Requester
  E. Category Manager
  B. Procurement Manager
  C. Procurement Preparer