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

Oracle 1Z0-1065-22 Online Questions & Answers

• Question 11:

  Select two document sequencing setups that are performed in the "Configure Requisitioning Business Function" task.

  A. Next Agreement Number
  B. Next Requisition Number
  C. Next Negotiation Number
  D. Next Purchase Order Number
  E. Next Receipt Number
  B. Next Requisition Number
  D. Next Purchase Order Number

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  Procurement Application Administrator has access to the Configure Requisition Business Function page for setting up a business unit that has a requisitioning business function associated with it. The attributes specified here are used to

  default values and behavior of the application when users are creating requisitions and purchase orders for the requisitioning BU.

  Reference:

  https://docs.oracle.com/cd/E56614_01/procurementop_gs/OAPRO/F1061043AN3FFA8.htm

• Question 12:

  During an implementation of Cloud Sourcing, the users are performing user acceptance testing and entering `contract terms' in the terms library from different remote locations. There are occasions when same mistakes are being repeated by the users and the project team needs to do a lot of coordination to eliminate the errors. Identify the system help that the users can utilize so that they enter only the correct contract terms in the `Terms library', validate those, correct those and use those in the contract?

  A. Users need to share the terms before input to the system
  B. Users need to download the terms in word format and run the spell/ grammar check
  C. Users need to run `Contract library Tool' to check the correctness
  D. Users need to run `Contract Expert' which will identify the mistakes and red line the items
  D. Users need to run `Contract Expert' which will identify the mistakes and red line the items

• Question 13:

  Identify four actions that the Manage Requisition Approval task enables you to perform.

  A. enable or disable a participant
  B. define rule actions by using Supervisory Hierarchy or Position Hierarchy
  C. create rules by using simple or nested conditions
  D. register an internal and external Supplier
  E. maintain user-defined attributes and use these attributes with rules
  A. enable or disable a participant
  B. define rule actions by using Supervisory Hierarchy or Position Hierarchy
  C. create rules by using simple or nested conditions
  E. maintain user-defined attributes and use these attributes with rules

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  The new Manage Requisition Approval task provides a simple and user-friendly interface for approval rules management. This task allows you to:

  Enable or disable a participant.

  Create rules using simple or nested conditions. Condition attributes displayed in this interface are consistent with the attribute names displayed in the application. Attribute values can be chosen from a List of Values or a Choicelist, when

  applicable.

  Define rule actions that:

  Use Supervisory Hierarchy, Job Level, Position Hierarchy, Approval Group, Single User, or Custom routings.

  Require approvals, automatically approve, or send information notifications.

  Mark a rule active or inactive.

  Maintain user-defined attributes and use these attributes across rules. o Currency based attributes are used to setup conversions of amount or price type attributes to a specific currency used in rule evaluations.

  Custom attributes are used to achieve complex approval requirements and custom approval lists and map to the Procurement Custom Function output.

  Summation attributes support the aggregation of data across lines or distributions based on a set of filters. The filters can be set up using requisition attributes or based on roll-ups in the Procurement Category Hierarchy, Cost Center,

  Balancing Segment, Management Segment, or Natural Account hierarchies

• Question 14:

  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.
  B. Enable only `Purchasing' and `Self Service Procurement' during Configure Offering.

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  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 15:

  During your fusion procurement implementation one of the requirements of your customer is to accrue the expenses on receipt. To fulfill this requirement, you have been asked to setup Expense Accruals to accrue `At Receipt'. Where will you configure this flag ?

  A. Common Payables and procurement options for Procurement business unit
  B. Configure requisitioning business function for requisitioning business unit
  C. Configure procurement business function for procurement business unit
  D. Supplier site assignment for the supplier site
  E. Common Payables and procurement options for Sold-to Business unit Correct
  E. Common Payables and procurement options for Sold-to Business unit Correct

• Question 16:

  Your customer tells you that in their industry, the response document for an auction is called a `Proposal' instead of the default Oracle term `Bid', and that they would like to have all their negotiation documents reflect this terminology. What would you do to meet this requirement?

  A. Create a Negotiation Style
  B. Create a Negotiation Type.
  C. Customize the Descriptive Flexfield.
  D. Create a Purchasing Document Style.
  E. Create a Negotiation Template.
  A. Create a Negotiation Style

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  You can use a negotiation style to control the look of the document and the features available. A style is a good way to create a streamlined negotiation.

• Question 17:

  Your customer is implementing the full suite of Cloud procurement. They would like to know how best they can utilize the Contract Terms library.

  Identify three applications from where users can access the Contract Terms library for setting up "contract terms" for different documents. (Choose three.)

  A. Supplier Model
  B. Self Service Procurement
  C. Sourcing
  D. Procurement Contracts
  E. Purchasing
  C. Sourcing
  D. Procurement Contracts
  E. Purchasing

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  C: The procedure for conducting and awarding a two-stage RFQ in Fusion Sourcing quote information includes contact terms.

  D: Adding Contract Terms

  IfOracle Fusion Procurement Contracts is installed and configured, you can access contract information created and stored in Procurement Contracts and associate it with your negotiation document. Such information could identify important

  deliverables or contract clauses suppliers must provide along with the timeline governing the deliverable management.

  E: In Oracle Fusion Purchasing a purchase order can be created through an automated process or entered manually.

  You can communicate your purchase orders andagreements along with any amendments, attachments, contract terms, and contractual deliverables to suppliers using print, fax, or e-mail.

  References:

  Oracle Procurement Cloud Using Procurement (Release 9), pages 155, 213, and 248

• Question 18:

  While defining the setup `Define Requisition Configuration', which four options are available for the `Group Requisition Import By' field?

  A. Requester
  B. Location
  C. Supplier
  D. Item
  E. Supplier Site
  F. Category
  B. Location
  C. Supplier
  D. Item
  F. Category

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  Reference: http://docs.oracle.com/cd/A60725_05/html/comnls/us/po/timpreq.htm

• Question 19:

  Your customer has a requirement that whenever an employee who is an approver of documents like blanket agreements or purchase order goes on vacation, the administrator should be able to provide an alternate approval route for the documents being submitted by the employee's subordinates. Identify the rule which is required to be setup to achieve this:

  A. Modified rule in `document approval' task
  B. Substitute rule in `document approval' task
  C. Re-assign the approval task by providing alternate id of a new approver
  D. Document approval
  B. Substitute rule in `document approval' task

• Question 20:

  In supplier qualification management, you have set up overall supplier response ranking, including Display overall rank to suppliers.

  However for some suppliers, you are not seeing any overall rank being displayed.

  What is the reason? (Choose the best answer.)

  A. Overall rank is not calculated when there are no internal cost factors.
  B. Overall rank is not calculated for suppliers with expired supplier qualification assessments.
  C. Overall rank is only calculated for those suppliers on the approved supplier list.
  D. Overall rank is not calculated for responses with partial lines or quantities.
  E. Overall rank is only calculated for spend authorized supplier responses.
  D. Overall rank is not calculated for responses with partial lines or quantities.