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

Oracle 1Z0-1065-25 Online Questions & Answers

• Question 61:

  Your customer organization is headquartered in Toronto, and has three manufacturing facilities in Mexico, Taiwan and Austria. The raw material requirements for these three manufacturing units are consolidates and procured from Mexico through the Mexico procurement division. Identify an appropriate way to model this scenario in Oracle Procurement Cloud.

  A. Requisitioning BU: Toronto and Procurement BU: Mexico
  B. Requisitioning BU: Toronto and Procurement BU: Toronto
  C. Requisitioning BU: Mexico, Taiwan, Austria and Procurement BU: Mexico
  D. Requisitioning BU: Toronto, Taiwan, Austria and Procurement BU: Mexico
  E. Requisitioning BU: Mexico, Taiwan, Austria and Procurement BU: Toronto
  C. Requisitioning BU: Mexico, Taiwan, Austria and Procurement BU: Mexico

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• Question 62:

  You want to process negotiations with hundreds of lines.

  Which two options in Sourcing enable you to process large negotiations?

  A. Award lines spreadsheet
  B. Integration with Purchasing to generate purchasing documents
  C. file-based data import (FBDI)
  D. Proxy-bidding
  E. Invite additional suppliers post publish
  A. Award lines spreadsheet
  C. file-based data import (FBDI)

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  To process negotiations with hundreds of lines, you can use the file-based data import (FBDI) and the award lines spreadsheet options in Sourcing. The FBDI option allows you to import a large number of negotiation lines using a MS Excel template and a background process. You can also update or delete existing lines using the same option. The award lines spreadsheet option allows you to export the negotiation lines to a MS Excel file, where you can enter the award decisions and amounts. You can then

  import the file back to the application using a background process to complete the award.

  References:

  How You Create Large Negotiations, Section 1: "How You Create Large Negotiations"

  Award Negotiations Using Spreadsheet, Section 1: "Award Negotiations Using Spreadsheet"

• Question 63:

  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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  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 64:

  During the implementation, your customer wants to understand the key features of the two-stage Request For Quotation (RFQ) available in Oracle Sourcing Cloud. Identify three features of the two-stage RFQ. (Choose three.)

  A. Open Auctions
  B. Response Visibility Open
  C. Technical and Commercial Evaluation
  D. Two stage Evaluation
  E. Response Visibility Blind
  F. Response Visibility is always Sealed
  C. Technical and Commercial Evaluation
  D. Two stage Evaluation
  F. Response Visibility is always Sealed

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  The two-stage RFQ process involves the submission by the suppliers of a technical quote and a commercial quote. The technical quotes are opened and evaluated first to determine a list ofqualified suppliers, and only then are the commercial quotes of the qualified suppliers opened and evaluated.

  TWO STAGE RFQ

  Ensure impartial judgment of supplier responses in markets that require technical and commercial evaluation of proposals to be doneindependently. While suppliers submit their responses as a single bid package, category managers first analyze the technical merits of the proposal while the commercial aspects of the bid remain sealed. Commercial details of bids that pass the technical evaluation are disclosed in the second evaluation phase, while the details of failed bids remain sealed. Category managers

  enter surrogate responses on behalf of suppliers by submitting the technical terms of the proposal during the first stage of the negotiation, and only entering the commercial terms if the first stage evaluation is successful.

  References:

  See What's Coming in Oracle Procurement Cloud (Release 9), page 8 https://fusionhelp.oracle.com/helpPortal/topic/TopicId_P_EDADAB5CC7CF0747E040D30A68811553

• Question 65:

  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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  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 66:

  During the User acceptance testing of your Cloud Procurement implementation, a user has created a purchase order and is trying to submit the purchase order for approval. On clicking Submit, the user gets a "Funds check failed" error. Identify the cause of this error.

  A. Funds are insufficient and budget type is "Track".
  B. Funds are insufficient and budget type is "Advisory".
  C. Funds are insufficient and budget type is "Absolute".
  D. Funds are available but the approver is not set up as "Budget Manager" for the selected budget for the business unit.
  C. Funds are insufficient and budget type is "Absolute".

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  The options for budgetary control settings are as follows: Absolute, Advisory, end None Absolute: If Absolute is entered, the transaction is rejected unless funds are available. Advisory: If Advisory is entered, the transaction is approved even when no funds or insufficient funds are available.

  None: If None is entered, all transactions are approved and there is no funds check.

  References:

  https://docs.oracle.com/cd/E18727_01/doc.121/e13567/T237204T237227.htm

• Question 67:

  You should regularly run reports to protect against fraud.

  Which task do you use to select the attributes to be monitored for a supplier model?

  A. Configure Procurement Business function
  B. Manage Common Options for Payables and Procurement
  C. Manage Transmission Configurations
  D. Configure Supplier Registration and Profile Change Request
  E. Manage Audit Policies
  E. Manage Audit Policies

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  To select the attributes to be monitored for a supplier model, you use the Manage Audit Policies task in the Setup and Maintenance work area. This task allows you to enable auditing for various business objects, such as suppliers, supplier sites, supplier contacts, and supplier bank accounts. You can also select the attributes of each business object that you want to audit, such as supplier name, address, tax number, and so on. By enabling auditing, you can track the changes made to the supplier model and

  generate audit reports to protect against fraud.

  References:

  Overview of Audit Configuration, Section 2.1: "Enable Auditing for Business Objects"

  Supplier Profile Audit History Setup and Reporting, Section 1: "Supplier Profile Audit History Setup and Reporting"

• Question 68:

  Identify two control option that are enabled when a buyer selects the `Group requisition lines' field while creating a Blanket Purchase Agreement. (Choose two.)

  A. Group requisitions
  B. Apply price updates to existing orders
  C. Use need-by date
  D. Automatically submit for approval
  E. Use ship-to organization and location
  A. Group requisitions
  E. Use ship-to organization and location

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  If you want to group requisition lines across different requisitions into the same purchase order, enable the Group requisitions flag.

  In order to group requisition lines into the same purchase order line, enable the Group requisition lines flag. Theneed-by date and ship-to organization and location can optionally be used to group requisition lines.

  References:

  Oracle Procurement Cloud Using Procurement (Release 9), page 163

• Question 69:

  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

• Question 70:

  During a discussion about your implementation, your client mentioned that they negotiate credits for equipment trade-ins.

  How can you create this in the application?

  A. Create a requisition with a negative line.
  B. Create an agreement with a credit line.
  C. Create a purchase order template that supports credit lines.
  D. Create a document style that supports credit lines.
  D. Create a document style that supports credit lines.

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  A document style is a template that defines the layout and content of a purchasing document, such as a purchase order, a purchase agreement, or a requisition. You can create a document style that supports credit lines, which are purchase order lines with a negative amount to record credits to the ordered amount that you have negotiated with your supplier. For example, you can use a credit line to represent credit for an equipment trade-in. You can also specify other attributes for the documentstyle, such

  as the line types, the change order policies, the approval rules, and the communication methods.

  References:

  How You Create Purchase Order Lines with Negative Amounts How You Enable Creation of Purchase Order Lines with Negative Amounts Create Supplier Contracts from Negotiation Award