Oracle 1Z0-1065-25 Online Practice Questions and Exam Preparation

Oracle 1Z0-1065-25 Online Questions & Answers

• Question 21:

  During Oracle Procurement Cloud implementation, one of the requirements of the customer is to capture the revision history of Purchase Orders when `notes to receiver' is entered or updated as part of a Change Order. Identify the setup that needs to be performed in order to capture change history when a user updates `notes to receiver' as part of the Change Order.

  A. Update the attribute `notes to receiver' in Configure Requisitioning Business Function' for the requisitioning Business Unit.
  B. Update the attribute `notes to receiver' in Common Payables and Procurement Options' for the procurement Business Unit.
  C. Update the attribute `notes to receiver' in the Change Order template for the Purchase Order.
  D. Update the attribute `notes to receiver' in supplier site assignment for the supplier site.
  C. Update the attribute `notes to receiver' in the Change Order template for the Purchase Order.

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• Question 22:

  What is required to make data available in Oracle Procurement Cloud Transactional Business Intelligence graphs?

  A. Configure the Extract Transform and Load tool and data will be populated in real time.
  B. Schedule concurrent requests to run every hour.
  C. No need to schedule anything; data will be populated in real time.
  D. Schedule ESS jobs to run according to customer requirements.
  C. No need to schedule anything; data will be populated in real time.

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  With Oracle Fusion Transactional Business Intelligence embedded analytics, role-based dashboards, and on-the- fly ad hoc reportingcapabilities make data access and interpretation easier than ever before. Users are able to see updates in real-time, and their impact, through embedded analytics. For example, during the compensation budgeting process, a manager is able to see a running tally for reference right on the page.

  References:

  http://www.oracle.com/us/products/applications/fusion/hcm-fusion-transactional-bi-1543884.pdf

• Question 23:

  Your customer is implementing Cloud Procurement across two countries: A and B. They need intercompany transactions to be carried out between these two entities. Identify the setup to fulfill this requirement.

  A. Supply Chain financial Orchestration agreement between business units of countries A and B.
  B. intercompany transaction between legal entities of countries A and B
  C. Supply Chain financial Orchestration agreement between legal entities of countries A and B
  D. intercompany transaction between business units of countries A and B
  D. intercompany transaction between business units of countries A and B

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  Sold-to BU: If the selected BU performs invoicing, then the same BU can be used as the Sold-to BU. However, in certain instances due to tax or legal reasons the client BU may only perform requisitioning with the supplier and another BU assumes the liability for the purchases. In this case a different sold-to BU is selected. The list of soldto BUs that can beselected for a given client BU is determined by the Intercompany Transaction Flow setup. In addition, when a separate Sold-to BU acts as an agent to the

  client BU an assignment must be created for the soldto BU in order for the BU to process invoices.

  References:

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

• Question 24:

  While creating a Purchase Order, you observe that the system is defaulting Net 30 as the payment term instead of the intended payment term Net 15. Identify two ways to achieve the desired defaulting. (Choose two.)

  A. Set Net 15 for the supplier site.
  B. Set Net 30 for the supplier site and leave the payment term blank in procurement options.
  C. Update Net 15 in procurement options and leave the payment term blank for this supplier at all levels.
  D. Update Net 15 in procurement options and Net 30 for the supplier site.
  A. Set Net 15 for the supplier site.
  B. Set Net 30 for the supplier site and leave the payment term blank in procurement options.

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• Question 25:

  Your customer requires a consignment order to be automatically created whenever a self- service Requester creates a purchase requisition.

  How do you set this up?

  A. Create a consignment agreement with touchless buying options enabled on the Controls tab to automatically generate orders.
  B. Enable all the requisition line items to be sourced from the consignment source.
  C. Select the "Source from consignment" check box and set Urgent to 'Yes'* during requisition creation through self-service.
  D. Assign all the requisition lines to the consignment buyer.
  A. Create a consignment agreement with touchless buying options enabled on the Controls tab to automatically generate orders.

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  A consignment agreement is a type of purchasing document that defines the terms and conditions for consignment purchases. Consignment purchases are purchases ofgoods that are paid for only after the goods are used or sold by the purchasing organization. To enable automatic creation of consignment orders from requisitions, you need to create a consignment agreement with touchless buying options enabled on the Controls tab. Touchless buying options allow you to specify the criteria for

  automatically generating orders from requisitions without human intervention. You can also define the default attributes and processing options for the orders, such as document style, change order tolerance, and communication method.

  References:

  How can I create a purchase order for consignment inventory items?1 Create and Monitor Agreements in Oracle Fusion Purchasing2

• Question 26:

  While configuring offerings, you had deselected the "Supply Chain Financial Orchestration of Procurement Flows" check box and had locked the feature. However, because of changes in the business requirements, you are required to enable the feature. Identify the prerequisite step to perform this change.

  A. Navigate to the "Select Feature Choices" page of the Procurement Offering and unlock the feature.
  B. Set the implementation status to "In Progress" of the Procurement Offering.
  C. Change the Provisioned to "No" of the Procurement Offering.
  D. Deselect the "Enable for Implementation" check box of the Procurement Offering.
  D. Deselect the "Enable for Implementation" check box of the Procurement Offering.

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  If you used Inventory Management intercompany functionality prior to Release 9, then after your upgrade to Release 9, you must do the following to enable intercompany supply chain flows using Supply Chain Financial Orchestration:

  References:

  Oracle Procurement Cloud Release 9 Whats New (5 May 2015), page 24

• Question 27:

  Delays in supplier self-service registration can be frustrating. In your implementation, there are some regions where you want to simplify supplier self-service registration and bypass mandatory supplier identifiers.

  Which task should you use to set this up?

  A. Manage Supplier Profile Options
  B. Manage Self Service Procurement Profile Options
  C. Configure Supplier Registration and Profile Change Request
  D. Manage Supplier Profile Change Request
  E. Manage Internal Supplier Registration Approvals
  C. Configure Supplier Registration and Profile Change Request

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  To simplify supplier self-service registration and bypass mandatory supplier identifiers for some regions, you should use the Configure Supplier Registration and Profile Change Request task in the Setup and Maintenance work area. This task allows you to define the registration settings for prospective and spend authorized suppliers, such as the required attributes, the approval rules, and the site assignments. You can also specify the supplier identifiers that are mandatory or optional for each country or

  region. For example, you can make the tax registration number optional for suppliers in a region where it is not commonly used.

  References:

  Options to Configure Supplier Registration and Supplier Profile Change Request, Section 1: "Options to Configure Supplier Registration and Supplier Profile Change Request"

  Configure Supplier Registration and Profile Change Request, Section 1:

  "Configure Supplier Registration and Profile Change Request"

• Question 28:

  SIMULATION

  Challenge 3

  Manage Purchasing Line Types

  Scenario:

  Your business unit requires a new line type for purchasing transactions.

  Task3:

  Create a new Purchasing Line Type, where:

  Name of the line type is PRCXX Computer Goods (Replace xx with 01, which is your allocated User ID.)

  Code is PRCXXCOMP

  Purchase basis is quantity-based for the Goods product type

  Line type is linked to the Computer Supplies category

  Unit is Ea

  

  A. See below in explanation for each Step.
  B. PlaceHolder
  C. PlaceHolder
  D. PlaceHolder
  A. See below in explanation for each Step.

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  To create a new Purchasing Line Type, you can follow these steps:

  Navigate to the Setup and Maintenance work area and search for the Manage Purchasing Line Types task.

  Click on the Go to Task icon to open the Manage Purchasing Line Types page. Click on the Create icon to create a new line type. Enter the following information in the Create Line Type dialog box:

  Click on the Save and Close button to save the line type. You have successfully created a new Purchasing Line Type. You can verify the line type details by searching for it in the Manage Purchasing Line Types page. For more information on how to define and use line types, you can refer to the Defining Line Types (Oracle Purchasing Help) document.

  Or use the following:

  Following the scenario, we need to create a new Purchasing Line Type in Oracle Procurement Cloud named "PRCXX Computer Goods" (replace xx with 01) for purchasing computer supplies.

  Here are the steps to create the Purchasing Line Type:

  Navigate to Manage Purchasing Line Types:

  Create the Purchasing Line Type:

  Enter the Purchasing Line Type Information:

  Map Accounts:

  Save the Purchasing Line Type:

  Verification:

  The Purchasing Line Type "PRCXX Computer Goods" (replace xx with 01) should now be listed in the Manage Purchasing Line Types page. You can verify the details of the line type by clicking on it. The purchase basis, product type, category, unit, and mapped accounts should be displayed as specified above.

  Additional Notes:

  Make sure to replace "xx" with your allocated User ID (01) in both the Purchasing Line Type name and code for consistent naming convention. Mapped accounts define where the financial transactions associated with this line type will be posted in the General Ledger.

  Carefully review the mapped accounts to ensure they are aligned with your organization's accounting practices.

• Question 29:

  Your organization wants to restrict supplier access so suppliers can view only their own contracts in Supplier Portal. Which role assignment enforces this requirement?

  A. Supplier Contract Manager
  B. Supplier Sales Representative
  C. Supplier Bidder
  D. Supplier Administrator
  A. Supplier Contract Manager

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• Question 30:

  You created a sourcing two-stage sealed RFQ and invited five suppliers to participate. The Technical stage is completed and the Commercial stage is unlocked. At this time in the award negotiation section, in the Award Line you are able to see only three supplier's responses as active responses. You are not able to see the other two suppliers' data in the active responses. Which two reasons are causing this? (Choose two.)

  A. Supplier responses are closed.
  B. Suppliers have entered the responses. Because the RQF is sealed, you are not able to view these two supplier's data.
  C. Suppliers were already awarded.
  D. Suppliers were not shortlisted in the Technical stage.
  E. You have entered these two suppliers' responses as surrogate responses by a buyer. In the Commercial stage, the buyer has not yet entered surrogate responses.
  D. Suppliers were not shortlisted in the Technical stage.
  E. You have entered these two suppliers' responses as surrogate responses by a buyer. In the Commercial stage, the buyer has not yet entered surrogate responses.

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