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

Oracle 1Z0-1065-22 Online Questions & Answers

• Question 41:

  A supplier has one corporate site location and three other site locations from where they supply goods to your client locations. Each site must have its own contract for negotiating and they must be restricted from viewing each other's

  negotiations.

  How would you configure this?

  A. by giving the Supplier Administrator role to the supplier contract
  B. by restricting supplier contract access to a specific supplier site
  C. by restricting supplier contract access to Supplier Level
  D. by giving the Procurement Agent role to the supplier contract
  D. by giving the Procurement Agent role to the supplier contract

• Question 42:

  Which option would the application first look at to default the Location field in the Purchase Order Line?

  A. Supplier site assignment record of the supplier site in the Requisitioning BU.
  B. BU assignment record of the source agreement that corresponds to the Requisitioning BU
  C. Purchase Order Header
  D. "Requisitioning Business Function Configuration" task of the Requisitioning BU.
  C. Purchase Order Header

  ---

  

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

• Question 43:

  During a Cloud Procurement implementation, your customer has asked you to set up document numbering for purchasing documents. Where do you setup the Next Purchase Order Number in Cloud Procurement Applications?

  A. Configure Procurement Business Functions
  B. Configure Procurement Business Function
  C. Configure Requisitioning Business Function
  D. Manage Common Options for Payables and Procurement
  B. Configure Procurement Business Function

• Question 44:

  During implementation, the transformation maps that are associated with external-facing interfaces must be modified to map the _______.

  A. fulfillment order line to the extensible flexfield attributes.
  B. enterprise business object attributes to the fulfillment order line.
  C. extensible flexfield attributes to the enterprise business object attributes.
  D. extensible flexfield attributes to the fulfillment order line
  C. extensible flexfield attributes to the enterprise business object attributes.

  ---

  At implementation time, the transformation maps that are associated with the external-facing interfaces must be modified to map the extensible flexfield attributes to the enterprise business object attributes.

  References:

  http://docs.oracle.com/cd/E25054_01/fusionapps.1111/e20386/F476421AN2E51E.htm

• Question 45:

  Your organization has multiple procurement business units. A Qualification manager wants to launch an initiative for assessment of suppliers. However, the manager is unable to select the qualification model that he or she defined earlier. Identify the cause for this behavior.

  A. The qualification model is not yet approved.
  B. The Qualification manager is not defined as procurement agent.
  C. The Qualification manager does not have the "Manage Suppliers" action enabled in procurement agent definition.
  D. The Qualification manager has not selected the correct procurement BU.
  C. The Qualification manager does not have the "Manage Suppliers" action enabled in procurement agent definition.

  ---

  Supplier Managers are derived from the users defined in procurement agents. All procurement agents with Manage Suppliers function for the BU that theregistration was created will receive the approval notification.

  References:

  https://docs.oracle.com/cloud/latest/procurementcs_gs/OAPRC/OAPRC1007476.htm

• Question 46:

  Which three common procurement business objects can be managed on an ongoing basis while the application is in use?

  A. Payment Terms
  B. Units of Measure
  C. Hazard Classes
  D. Item Types
  E. Corporate Cards
  A. Payment Terms
  C. Hazard Classes
  D. Item Types

• Question 47:

  Alliance Corp's approval policy requires the number of approvers to be based on the Item category. If the total amount of all items within a requisition with Item category "IT" is less than 1000 USD, then the IT manager needs to approve it. But if the total amount of IT category items within a requisition exceeds 1000 USD, then the IT manager, IT director, and CIO need to approve the document. For any other purchasing categories below 1000 USD, the purchasing manager approves it; and anything above 1000 USD, the procurement VP approves. Approval policy at Alliance Corp is configured to use the attribute type of "Summation" based on the IT category. An employee submits the following requisition: LINE DESCRIPTION CATEGORY AMOUNT 1 Mac Laptop IT. Laptop 899.00 2 LCD Monitor IT. Monitor 250.00 3 IPhone6 Telephony. Cellphone 199.99\ Refer to the exhibit to select the final approving authority.

  

  A. Line 1 and Line 2 are approved by the IT manager, and Line 3 by the purchasing manager.
  B. Line 1 and Line 2 are approved by the CIO, and Line 3 by the purchasing manager.
  C. Line 1 is approved by the IT manager, Line 2 by the IT director, and Line 3 by the purchasing manager.
  D. Line 1 is approved by the purchasing manager, Line 2 by the IT manager, and Line 3 by the IT director.
  B. Line 1 and Line 2 are approved by the CIO, and Line 3 by the purchasing manager.

• Question 48:

  You are setting up Oracle Cloud Sourcing. You would like participants to provide Insurance and Freight cost for the quotation/RFQ (Request For Quotation) lines. Identify the configuration that will fulfill this requirement.

  A. Add Cost Factors for Freight and Insurance
  B. Personalize the negotiation UI (User Interface) to add the Freight and Insurance attributes.
  C. Add negotiation lines separately to capture Freight and Insurance.
  D. Define a negotiation style and enable DFF (Descriptive FlexField) for Freight and Insurance
  A. Add Cost Factors for Freight and Insurance

• Question 49:

  Identify five business functions that must be configured in order to implement a complete Procure- to-Pay business process in Oracle Procurement Cloud. (Choose five.)

  A. Incentive Compensation
  B. Purchasing
  C. Requisitioning
  D. Invoicing
  E. Receiving
  F. Inventory
  G. Payments
  B. Purchasing
  C. Requisitioning
  D. Invoicing
  E. Receiving
  G. Payments

• Question 50:

  Identify two activities that a Buying Organization will be able to perform after it provides the Supplier Portal access to Suppliers. (Choose two.)

  A. Create Negotiation flow internally on behalf ofprospective suppliers.
  B. Import supplier data and related entities.
  C. Consolidate suppliers and supplier sites to clean up duplicate suppliers or support supplier acquisitions.
  D. Evaluate prospective suppliers by routing their registrations through a collaborative review process by using a flexible rules engine.
  E. Collect information about prospective suppliers through a self-guided registration flow.
  D. Evaluate prospective suppliers by routing their registrations through a collaborative review process by using a flexible rules engine.
  E. Collect information about prospective suppliers through a self-guided registration flow.

  ---

  E: The buying organization can collect information about the products and services categories supplied by the company on the registration flow by enabling Products and Services using the Configure Supplier Registration flow.

  D: The Supplier Registration process is used by companies to submit their registration request in order to become asupplier of the buying organization. The buying organization then reviews the registration request using a collaborative review

  process and determines if it wants to consider this company as a new source of supply.

  References:

  https://docs.oracle.com/cd/E56614_01/procurementop_gs/OAPRC/F1007476AN1079E.htm