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

Oracle 1Z0-1065-22 Online Questions & Answers

• Question 121:

  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 122:

  Acme Corporation has provided the following requirement in Fusion Procurement:

  If the category on the requisition line is IT service (Category ID ?11423), approvals from "IT Service Category Approval Group" are required.

  Identify the rule setup in Business Process Model (BPM) tasks to meet this requirement.

  A. If ReqLineDimension.categoryId is equal to 11423; Then List Builder = Resource Response Type = Required Approval Group = "IT Service Category Approval Group" Allow empty group = False
  B. If ReqLineDimension.categoryId is equal to 11423; Then List Builder = Approval Group Response Type = Required Approval Group = "IT Service Category Approval Group" Allow empty group = False
  C. If ReqLineDimension.categoryId is equal to 11423; Then List Builder = Approval Group Response Type = FYI Approval Group = "IT service Category Approval Group" Allow empty group = True
  D. If ReqLineDimension.categoryId is equal to 11423; Then List Builder = Supervisory Response Type = Required Approval Group = "IT Service Category Approval Group" Allow empty group = False
  B. If ReqLineDimension.categoryId is equal to 11423; Then List Builder = Approval Group Response Type = Required Approval Group = "IT Service Category Approval Group" Allow empty group = False

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  Reference: http://onlyoraclefusion.blogspot.com.tr/2014/05/setting-up-document-approval-oracle.html

• Question 123:

  During Oracle Procurement Cloud implementation, one of the requirements of the customer is to capture the revision history of Purchase Orders when `notes to receiver' is entered or updated as part of a Change Order. Identify the setup that needs to be performed in order to capture change history when a user updates `notes to receiver' as part of the Change Order.

  A. Update the attribute `notes to receiver' in Configure Requisitioning Business Function' for the requisitioning Business Unit.
  B. Update the attribute `notes to receiver' in Common Payables and Procurement Options' for the procurement Business Unit.
  C. Update the attribute `notes to receiver' in the Change Order template for the Purchase Order.
  D. Update the attribute `notes to receiver' in supplier site assignment for the supplier site.
  C. Update the attribute `notes to receiver' in the Change Order template for the Purchase Order.

• Question 124:

  Which two approval tasks can be performed by using the Manage Approval Rules user interface in Cloud Procurement?

  A. Purchasing Document Approval
  B. Item Creation Approval
  C. Supplier Registration Approval
  D. Expenses Approval
  A. Purchasing Document Approval
  C. Supplier Registration Approval

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  https://docs.oracle.com/en/cloud/saas/procurement/20a/oapro/define-approval-management-for- procurement.html#OAPRO222602

• Question 125:

  Your customer wants to configure four business units (BUs) as follows:

  Korea, China BUs that perform only requisitioning-related business processes and tasks. A US BU that is configured as a shared Procurement BU with only the Procurement function enabled. A Singapore BU that provides only payment

  services for both Korea and China BUs. Identify an applicable setup to represent how the business unit is used.

  A. The Singapore BU must be assigned the Payables Payment business functions.
  B. The Korea BU must be assigned the Receiving, Payables Invoicing, and Payables Payment business functions.
  C. The China BU must be assigned the Billing and Revenue and Requisitioning business functions.
  D. The Singapore BU must be assigned with the Billing and Revenue and Payables Invoicing business functions.
  E. The US BU must be assigned the Requisitioning and Procurement business functions.
  A. The Singapore BU must be assigned the Payables Payment business functions.

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  Centralized payment processing enables you to implement a shared payment service model. Under this model, a single "payment business unit" provides payment services to multiple "invoice business units". Thatis, any business unit with the

  Payables Payment" businessfunction" can provide payment services to other business units with the Payables Invoicing business function.

  References:

  https://fusionhelp.oracle.com/helpPortal/topic/TopicId_P_F4FAD941BEF953E0E040D30A68811F09

• Question 126:

  During an implementation, the super user is requesting you to explain how to set up "risks" to be used in the Procurement Contracts by all users. You are in the middle of the year and currently there are few "risks" that are already defined and

  the organization is planning to introduce new "risks" from New Year's Day.

  Identify the two steps the user should follow to fulfill this requirement.

  A. Wait until year end, inactivate the old risks data on year end, and create and activate new risks from the same day.
  B. Provide an end date as year end for the old risk data,create new risks now, and provide New year's Day as start date.
  C. Create new risks now, enable those at year end, and disable the old data on year end.
  D. The user needs to delete old risks and create new risks around the year end.
  A. Wait until year end, inactivate the old risks data on year end, and create and activate new risks from the same day.
  B. Provide an end date as year end for the old risk data,create new risks now, and provide New year's Day as start date.

• Question 127:

  During an implementation, the Buyers will like to access the OTBI reports that are available in the Cloud Purchasing application. Identify the way to provide them easy access to Purchasing related OTBI reports?

  A. Enable the OTBI reports in Purchasing work area
  B. Train the buyers to navigate to `Functional Setup Manager' to access the reports
  C. Ask the buyer to run Scheduled Process to run the OTBI reports for Purchasing
  D. Train the users to navigate to Business Intelligence applications to access the reports
  A. Enable the OTBI reports in Purchasing work area

• Question 128:

  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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  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 129:

  Your customer is a global company and has multiple legal entities across countries:

  Vision China (Legal Entity) 1) has a China Distribution Business Unit (BU). Vision US (Legal Entity) 2) has a US Distribution BU.

  They have the following requirements:

  1.

  To make purchases from or sell to the other legal entities using intercompany transaction

  2.

  To automatically determine the sold-to legal entity on a Purchase Order (PO) by using Supply Chain Financial Orchestration (SFO)

  Identify three applicable setups in Oracle Procurement Cloud to fulfill these requirements.

  A. Set up the Default Legal Entity on the Configure Requisitioning Business Process page.
  B. Define a primary route on financial orchestration flow to enforce the sold-to legal entity on a PO.
  C. Set up the "Multiple Legal Entities on Order" value to "Allow" on the Configure Requisitioning Business Process page.
  D. Create Profit Center BU to Party Relationships.
  E. Set up the default procurement business unit for Default Legal Entity in Manage Purchasing Profile Options.
  B. Define a primary route on financial orchestration flow to enforce the sold-to legal entity on a PO.
  D. Create Profit Center BU to Party Relationships.
  E. Set up the default procurement business unit for Default Legal Entity in Manage Purchasing Profile Options.

  ---

  How the Sold-To Legal Entity Is Determined

  The following steps are performed in and by the application to determine the sold-to legal entity on a purchase order.

  Here is a simplified example of how that might work:

  References:

  https://fusionhelp.oracle.com/helpPortal/topic/TopicId_P_F72B15B6E4B74B74E043B69BF40A0BA0

• Question 130:

  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.