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

Oracle 1Z0-1065-22 Online Questions & Answers

• Question 61:

  The Payables department has reported that a supplier is not appearing in the Submit Payment Process Request. The payment method selected from the payment processing options at Submit Payment Process Request is Electronic.

  Identify two reasons why the supplier is not appearing in the Submit Payment Process Request.

  (Choose two.)

  A. The From Date field value for the payment method Electronic is a future date.
  B. The supplier does not have an active Purchase Order.
  C. The payment method Electronic is end-dated on the Payment Method tabbed page of the supplier profile for the supplier.
  D. The supplier must have a Blanket Purchase Agreement in place.
  E. The supplier has a default payment method of Check.
  A. The From Date field value for the payment method Electronic is a future date.
  D. The supplier must have a Blanket Purchase Agreement in place.

• Question 62:

  Which method should you choose to manage setup data if you have a need to configure and modify the default setup best practices? (Choose the best answer.)

  A. Configure Basic Enterprise Structure
  B. Rapid Implementation Task List
  C. Manage Offerings and Features
  D. Manage Implementation Projects
  D. Manage Implementation Projects

• Question 63:

  Your category manager wants to have the ability to conduct forward auctions in the Sourcing Cloud to liquidate excess inventory. What feature should be enabled to allow this?

  A. Manage Seller Negotiations
  B. Sourcing Programs
  C. Consolidate Negotiation Lines on Purchase Order
  D. Define Default Line Attributes in Negotiations
  E. Capture Forward Auction Negotiations
  A. Manage Seller Negotiations

• Question 64:

  While creating a Contract Purchase Agreement, a buyer tries to add a Contract Template to it, but the List of Values (VOL) is empty. Identify three applicable reasons for this issue.

  A. The Contract Template is in `Approved' status.
  B. The document type associated with the Contract Template is `Purchase Order'.
  C. The document type associated with the Contract Template is `Contract Purchase Agreement'.
  D. The Contract Template is not `Approved'.
  E. The document type associated with the Contract Template is `Blanket Purchase Agreement'.
  A. The Contract Template is in `Approved' status.
  B. The document type associated with the Contract Template is `Purchase Order'.
  C. The document type associated with the Contract Template is `Contract Purchase Agreement'.

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  Reference: http://docs.oracle.com/cd/E37017_01/doc.1115/e22658/F424214AN124DD.htm

• Question 65:

  In an implementation, the Purchase Requisition users are requesting that they want to receive the purchase orders created for their requisitions. Identify the correct functionality related to this requirement in Cloud Procurement:

  A. Requesters cannot receive Purchase Orders
  B. Requesters need to be assigned the Warehouse Manager or Receiver role in order to receive Purchase Orders
  C. Requesters can receive Purchase Orders using Self Service Receiving
  D. Requesters need to be assigned Purchasing Agent role in order to receive Purchase Orders
  C. Requesters can receive Purchase Orders using Self Service Receiving

• Question 66:

  The business units in your organization are set up with a Client-Service Provider relationship. Requesters from the requisition(client) business units need to utilize a blanket agreement for automatic creation of purchase orders for their requisitions. Identify the configuration that needs to be used by the buyer who is creating the blanket agreement to be made available to other `requisitioning business units' for purchases against their requisitions.

  A. Setup Profile Option: `Automatically generate orders'
  B. Enable flag `Automatically generate orders' in configure procurement business function for the procurement business unit
  C. Enable flag `Automatically generate orders' in each client business unit
  D. Enable flag ``Automatically generate orders' in control tab of blanket purchase agreement
  E. Enable flag `Automatically generate orders' in the purchase order when buyer submits it
  D. Enable flag ``Automatically generate orders' in control tab of blanket purchase agreement

• Question 67:

  In the Enterprise Structures setup, which functional area includes tasks to implement Business Units and Inventory Organizations?

  A. Legal Structures
  B. Enterprise Profile
  C. Organization Structures
  D. Procurement Foundation
  A. Legal Structures

• Question 68:

  On completion of a Negotiation Award using a negotiation template, you are trying to create a purchasing document and system provides you the option to create a Blanket Purchase Agreement (BPA) only, whereas you expected to get an

  option to create a Contract Purchase Agreement (CPA).

  Identify the reason for this.

  A. The negotiation outcome is defined as `Contract Purchase Agreement' in the negotiation template.
  B. The negotiation outcome is defined as `Blanket Purchase Agreement' in the negotiation template.
  C. The Business Function for the associated Business Unit is `Requisition Only' and did not allow Purchase Agreement Generation.
  D. The Profile Option PO_PRC_AGENT_CATEGORY_ASSIGNMENT is set to the current user.
  A. The negotiation outcome is defined as `Contract Purchase Agreement' in the negotiation template.

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  Oracle Fusion Purchasingprovides the following purchase order types: purchase order, blanket purchase agreement, and contract purchase agreement.

  References:

  Oracle Procurement Cloud Using Procurement (Release 9), page 131 Reference:

  https://docs.oracle.com/cd/E18727_01/doc.121/e13411/T354132T354136.htm#T477645 (see Specifying default price break types)

• Question 69:

  During a Procurement Contract implementation, a customer would like to set up their own line type for buying services. They intend to use this line type for negotiating terms for future purchase of services and do not have a defined scope of

  work.

  Identify the source that the customer needs to select while creating the line type to meet this requirement.

  A. Free form, buy
  B. Item, buy
  C. Free form, buy agreement
  D. Item, buy agreement
  B. Item, buy

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  Item, buy: Enables entry of inventory items. You can create purchase orders in the purchasing application from lines of this type.

• Question 70:

  Identify two features of the price break functionality provided in Blanket Purchase Agreement (BPA) document types. (Choose two.)

  A. payment method, which supports multiple-installment payment goods or services
  B. condition-dependent reductions in price
  C. change orders affecting pricing of specific lines
  D. price increase request from a supplier through the supplier portal
  E. means to provide price discounts
  B. condition-dependent reductions in price
  D. price increase request from a supplier through the supplier portal

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  Price breaks are reductions in the price of an item depending on certain conditions such as purchasing in bulk or from acertain location. The Price Break region of the Lines page enables you to enter price break information for blanket

  purchase agreement lines. As a supplier, you can also terminate an existing contract to supply items by canceling document headers, lines,or schedules. Such cancellation request requires review and approval by the buying organization.

  References:

  https://docs.oracle.com/cd/E48434_01/doc.1118/e49610/F1007480AN1F638.htm