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

Oracle 1Z0-1065-23 Online Questions & Answers

• Question 31:

  Identify two tasks that can be performed in the Functional Setup Manager by a customer when configuring setup data. (Choose two.)

  A. setting up and maintaining data by means of the Manage Admin menu
  B. importing and exporting data between instances
  C. configuring Oracle CloudApplications to match business needs
  D. collecting data to populate the order orchestration and planning data repository
  B. importing and exporting data between instances
  C. configuring Oracle CloudApplications to match business needs

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  Explanation/Reference:

  Configure Oracle Fusion applications to match your business needs. Export and import data from one instance toanother for rapid setup.

• Question 32:

  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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  Explanation/Reference:

  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 33:

  Your customer tells you that when they cancel a Purchase Order, the requisition referring to that Purchase Order should also be automatically canceled. Identify the setup that needs to be performed to fulfill this requirement.

  A. In the "Configure Requisitioning Business Function" task, set the "Cancel Backing Requisitions" value to Always.
  B. In the "Configure Requisitioning Business Function" task, set the "Cancel Backing Requisitions" value to Never.
  C. In the "Configure Requisitioning Business Function" task, select the "Create orders immediately after requisitioning import" checkbox.
  D. In the "Configure Procurement Business Function" task, select the "Allow Item Description Update" check box.
  E. Automatic cancellation of requisition is not possible. Therefore, the customer must manually cancel the requisition after cancelling the Purchase Order.
  A. In the "Configure Requisitioning Business Function" task, set the "Cancel Backing Requisitions" value to Always.

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  Explanation/Reference:

  Cancel Backing Requisitions controls whether a backing requisition should be canceled when there is purchase order cancellation.

  References:

  https://docs.oracle.com/cd/E56614_01/procurementop_gs/OAPRO/F1061043AN3FFA8.htm#F10610 14AN40D05

• Question 34:

  Your customer requires any approved requisition to be reapproved whenever a buyer updates a catalog requisition line during requisition processing.

  How must they set this up?

  A. Configure a Requisition Approval rule to include the "Approval required for buyer modified lines'' condition.
  B. After requisition modification, a buyer needs to reassign the requisition line to the requisition authority for approval.
  C. Configure the PO Approval rule in such a way that buyer-modified requisition lines will go for approval again.
  D. In the Configure Requisitioning Business Function task, select "Approval required for buyer modified lines".
  D. In the Configure Requisitioning Business Function task, select "Approval required for buyer modified lines".

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  Explanation/Reference:

  This option enables the customer to require any approved requisition to be reapproved whenever a buyer updates a catalog requisition line during requisition processing. This ensures that any changes made by the buyer are

  reviewed and approved by the appropriate authority before the requisition is converted to a purchase order.

  References:

  Considerations for Setting Up Requisition Approval Task: This document explains the preconfigured requisition approval elements and how to configure requisition approval rules using the Manage Requisition Approvals task. Overview of

  Managing Approvals and Notifications: This document provides an overview of the approval management framework and the approval rules management for procurement. It also describes the employee supervisor hierarchy approval rules

  and the user-defined attributes assignments and routing.

• Question 35:

  You need to set up a Procurement business unit to serve the procurement needs of various Requisitioning business units.

  What must you set up in Oracle Fusion Cloud Procurement to meet this requirement?

  A. Spend Authorized relationship between a Supplier and a Requisitioning business unit
  B. Default Requisitioning business unit relationship in the Procurement Agent setup
  C. Default Procurement BU relationship in the Requisitioning business function setup
  D. Service Provider relationship in the Requisitioning business unit setup
  D. Service Provider relationship in the Requisitioning business unit setup

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  Explanation/Reference:

  To set up a Procurement business unit to serve the procurement needs of various Requisitioning business units, you must set up a Service Provider relationship in the Requisitioning business unit setup. This relationship defines

  the Procurement business unit as the service provider of the procurement business function, and the Requisitioning business units as its clients. This way, the Procurement business unit can take care of supplier negotiations, supplier site

  maintenance, and purchase order processing on behalf of the Requisitioning business units. The other options are not relevant for this requirement.

  References:

  1: Service Provider Models - Oracle

  2: Implement Procurement - docs.oracle.com [3]: Setup Steps in Oracle Fusion Cloud Procurement

• Question 36:

  Your client wants to be able to automate the process to ask employees to evaluate their suppliers periodically and enable a touchless process to track supplier performance over time. Which feature do they need to opt in to?

  A. Assess Supplier Eligibility for Sourcing
  B. Full Supplier Profile Change Management
  C. Conduct Internal Surveys for Supplier Qualification
  D. Sourcing Programs
  C. Conduct Internal Surveys for Supplier Qualification

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  Explanation/Reference:

  The feature that enables the automation of supplier evaluation by employees is Conduct Internal Surveys for Supplier Qualification. This feature allows you to create and publish internal surveys to collect feedback from employees who have interacted with suppliers. You can use predefined or custom questions, assign survey respondents, and schedule survey frequency. The survey responses are automatically captured and aggregated in the supplier qualification work area, where you can view the supplier performance scores and trends over time. This feature helps you to monitor and improve supplier performance, as well as identify potential risks and opportunities. References: Conduct Internal Surveys for Supplier Qualification How You Conduct Internal Surveys for Supplier Qualification Oracle Fusion Cloud Procurement: Supplier Qualification

• Question 37:

  You are creating a Purchase Order based on the style `Cloud Purchasing Style'. While entering a Purchase Order line, you find that the line type named GOODS is available but the line type named LINE does not appear. Identify a reason for this behavior.

  A. The line type LINE is not among the selected line types for the document style `Cloud Purchasing Style'.
  B. The Goods check box is not checked for the Purchase Bases field of the Commodities option in the `Create Document Style' task.
  C. The status of the `Cloud Purchasing Style' is not Active.
  D. Display Name for the Purchase Order is not set in the `Create Document Style' task.
  D. Display Name for the Purchase Order is not set in the `Create Document Style' task.

• Question 38:

  In Oracle Transactional Business Intelligence (OTBI), which subject area should you use to report on spend for purchase orders and their associated requisitions?

  A. Procurement
  B. Procurement
  C. Procurement
  D. Procurement
  B. Procurement

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  Explanation/Reference:

• Question 39:

  A customer wants to be able to see the recoverable and non recoverable components of inclusive taxes in addition to existing exclusive taxes on purchase orders. In the Manage Configuration Owner Tax task, which option can achieve this?

  A. Enable the Supplier Inclusive Tax for Calculated Tax option, for purchase orders.
  B. Enable the Allow Supplier Tax Variance Calculated Tax option for purchase orders.
  C. Enable the Inclusive Treatment for Calculated Tax option for purchase orders.
  D. Enable the Enforce Calculated Tax from Reference Document option for purchase orders.
  E. Enable the Exclusive Treatment for Calculated Tax option for purchase orders.
  C. Enable the Inclusive Treatment for Calculated Tax option for purchase orders.

• Question 40:

  To streamline negotiation communication between your organization and your suppliers, you have opted in to the Share Enterprise Contracts feature in Supplier Portal.

  Under which three conditions can you access this feature?

  A. The contract is in Under amendment status.
  B. The contract is of Sell intent.
  C. The contract is in Active status.
  D. The contract is of Buy intent.
  E. The contract is in Draft status.
  C. The contract is in Active status.
  D. The contract is of Buy intent.
  E. The contract is in Draft status.

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  Explanation/Reference:

  The Share Enterprise Contracts feature in Supplier Portal allows you to share contracts with your suppliers and collaborate on contract terms and deliverables. You can access this feature under the following conditions:

  The contract is in Active status: This means that the contract has been approved and accepted by both parties and is ready for execution. You can share the contract with your supplier to monitor the contract fulfillment and performance1. The

  contract is of Buy intent: This means that the contract is a procurement contract that governs the purchase of goods or services from a supplier. You can share the contract with your supplier to negotiate the contract terms and conditions2.

  The contract is in Draft status: This means that the contract has been created but not yet submitted for approval. You can share the contract with your supplier to solicit feedback and input on the contract content3.

  References:

  Share Contracts, Section 1: "Share Contracts"

  Overview of Procurement Contracts, Section 1: "Overview of Procurement Contracts"

  Create Procurement Contracts, Section 1: "Create Procurement Contracts"