Oracle 1Z0-1065-23 Online Practice Questions and Exam Preparation

Oracle 1Z0-1065-23 Online Questions & Answers

• Question 1:

  SIMULATION

  Challenge 2

  Manage Business Unit

  Scenario:

  Your organization needs to establish a business unit to manage its procurement activities and assign it to the newly created purchasing location in Redwood City, CA.

  Task2

  Create a new Business Unit for your purchasing organization, where you need to:

  Name the business unit as PRCXX Business Unit (Replace xx with 01, which is your allocated User ID.) Assign the location previously created Link to the USLOCS default set

  

  A. Answer: See below in for each Step.
  A. Answer: See below in for each Step.

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  Explanation/Reference:

  To create a new Business Unit for your purchasing organization, you can follow these steps:

  Navigate to the Setup and Maintenance work area and search for the Manage Business Unit task.

  Click on the Go to Task icon to open the Manage Business Unit page. Click on the Create icon to create a new business unit. Enter the following information in the Create Business Unit dialog box:

  Click on the Save and Close button to save the business unit. You have successfully created a new business unit for your purchasing organization. You can verify the business unit details by searching for it in the Manage Business Unit page.

  Or use the following Steps:Following the scenario, we need to create a new Business Unit in Oracle Procurement Cloud for your purchasing organization and assign the previously created location in Redwood City, CA.

  Here are the steps to create the Business Unit:

  Navigate to Manage Business Units:

  Create the Business Unit:

  Enter the Business Unit Information:

  Save the Business Unit:

  Verification:

  The Business Unit "PRCXX Business Unit" (replace xx with 01) should now be listed in the Manage Business Units page.

  You can verify the details of the business unit by clicking on it. The default location and set should be displayed as "PRCXX Location" (replace xx with 01) and "USLOCS," respectively.

  Additional Notes:

  Make sure to replace "xx" with your allocated User ID (01) in both the Business Unit name and code for consistent naming convention. Assigning the US Location Set to the Business Unit ensures that it inherits the legal entities, accounts, and

  other context information from that set.

• Question 2:

  A supplier sales representative wants to track and manage their agreements and have the ability to add and edit catalog content for agreements online. Identify two duty roles that accomplish this requirement. (Choose two.)

  A. Purchase Order Changes as Supplier Duty
  B. Purchase Agreement Viewing as Supplier Duty
  C. Contract Terms Deliverables Management Duty
  D. Purchase Agreement Changes as Supplier Duty
  E. Purchase Document Analysis as Supplier Duty
  C. Contract Terms Deliverables Management Duty
  D. Purchase Agreement Changes as Supplier Duty

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  Explanation/Reference:

  C: The Contract Terms Deliverables Management Duty manages contract terms deliverables. This includes setting the deliverable status, adding comments, and uploading attachments. D:Purchase Agreement Changes as Supplier Duty performs purchase agreement change management tasks as a supplier.

• Question 3:

  During Cloud procurement implementation, your customer has a requirement to ensure that all purchasing documents must go through budgetary control and the purchasing transaction must be stopped from processing if the funds are unavailable. Identify the configuration required to achieve this requirement.

  A. Select the "enforce budget" check box under the Configure Procurement Business Function
  B. The budget must be set up with control level as Advisory.
  C. The budget must be set up with control level as Track.
  D. The budget must be set up with control level as Absolute.
  D. The budget must be set up with control level as Absolute.

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  Explanation/Reference:

  The budget track level Absolute stops transactions when there are insufficient funds.

• Question 4:

  An electronics parts manufacturer has decided to implement only the Purchasing application from the Oracle Fusion Cloud Procurement pillar.

  Which setup component will they NOT require for this implementation?

  A. Document Style
  B. Change Order Template
  C. Requisitioning Business Function
  D. Cost Factors
  E. Procurement Agents
  D. Cost Factors

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  Explanation/Reference:

  Cost factors are used to identify charges associated with a negotiation line in addition to price, such as shipping and handling, retooling, or import duties. Cost factors are part of the Supplier Negotiation application, which is not required for implementing only the Purchasing application. The other options are all setup components that are needed for the Purchasing application. References: Create Cost Factors REST API for Oracle Fusion Cloud Procurement - External Cost Factors and External Cost Factors

• Question 5:

  Identify three profile options that are used to configure Self Service Procurement. (Choose three.)

  A. POR_DISPLAY_EMBEDDED_ANALYTICS
  B. POR_DISPLAY_CATEGORY_ITEM_COUNT
  C. PO_PRC_AGENT_CATEGORY_ASSIGNMENT
  D. POR_SEARCH_RESULTS_SKIN
  E. PO_DOC_BUILDER_DEFAULT_DOC_TYPE
  A. POR_DISPLAY_EMBEDDED_ANALYTICS
  C. PO_PRC_AGENT_CATEGORY_ASSIGNMENT
  E. PO_DOC_BUILDER_DEFAULT_DOC_TYPE

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  Explanation/Reference:

  Embedded Analytics is dependent on the availability of Oracle Business Intelligence and Analytics Application. In addition, the profile POR_DISPLAY_EMBEDDED_ANALYTICS needs to have been set to Yes before the metrics are visible to

  end users.

  References:

  https://docs.oracle.com/cd/E48434_01/doc.1118/e49610/F1007477AN13B51.htm

• Question 6:

  Which three business users can submit a new supplier request? (Choose three.)

  A. Category Manager
  B. Supplier Administrator
  C. Catalog Administrator
  D. Warehouse Manager
  E. Self-Service Procurement user
  B. Supplier Administrator
  C. Catalog Administrator
  E. Self-Service Procurement user

• Question 7:

  Which seeded role needs to be associated with the supplier user account so that a supplier can respond to the invited negotiations?

  A. Supplier Bidder
  B. Supplier Customer service representative
  C. Supplier Contract Manager
  D. Supplier Self Service Administrator
  E. Supplier Sales Representative
  E. Supplier Sales Representative

• Question 8:

  You have opted in to the Display Master Item Packaging String in Shopping Flows feature but you do not always see the packaging string while reviewing items in the catalog.

  Where should you select the packaging string?

  A. Master item definition
  B. Master item agreement
  C. Master item contract
  D. Item catalog category
  E. Master item catalog
  A. Master item definition

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  Explanation/Reference:

  The Display Master Item Packaging String in Shopping Flows feature allows you to display the master item's packaging string with UOM conversion information to users while they are shopping. The feature lets users know the exact quantity of items they are purchasing, especially when the UOM displayed on the search results page is different from the user's consumption UOM. To use this feature, you need to select the packaging string for the master item in the master item definition. A packaging string is a predefined UOM conversion that specifies how many units of one UOM are equivalent to another UOM. For example, a packaging string of 12 EA/CS means that 12 eachesare equal to one case. You can add a predefined packaging string when you create or edit a master item, or define a new packaging string to fit your requirements. References: Oracle Procurement Cloud 20D What's New1 PRC:SSP: What is Display Product Packaging String feature in fusion and how it is used2 Self Service Procurement 20D: Display Master Item Packaging String in Shopping Flows3 Define Items and Item Structures4 Add Packaging Strings to Items5

• Question 9:

  You are using the Responsive Self Service Procurement application and you want to review the list of current approvers of a requisition pending approval, but these are not displayed.

  Which two could be reasons for the approvals not being displayed?

  A. The requisition is currently under edit by an approver.
  B. The approvals task flow has been initiated.
  C. There are errors in retrieving approval details, or there could be any other infrastructure issues.
  D. Only the approvers can view the list of approvers.
  B. The approvals task flow has been initiated.
  C. There are errors in retrieving approval details, or there could be any other infrastructure issues.

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  Explanation/Reference:

  The Responsive Self Service Procurement application allows you to view the list of current approvers of a requisition that's pending approval. However, there are some scenarios where the approvals are not displayed. One

  scenario is when the approvals task flow has been initiated, but not yet completed. In this case, the approvals are still being processed and the list of approvers is not yet available. Another scenario is when there are errors in retrieving

  approval details, or there could be any other infrastructure issues that prevent the display of approvals. In this case, you may see a message that says "Unable to retrieve approval details" or "Approval details are not available".

  References:

  View Current Approvers of a Requisition in the Responsive Self Service Procurement Application, Section 1: "View Current Approvers of a Requisition in the Responsive Self Service Procurement Application" Get Started with the Responsive

  Self Service Procurement Application, Section 2:

  "Review Requisitions"

• Question 10:

  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.