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

Oracle 1Z0-1065-25 Online Questions & Answers

• Question 81:

  Your organization is implementing Supplier Qualification Management (SQM) and wants the supplier qualification process to be executed with segregation of duties in the following manner:

  For qualification manager (Vendor development team-VD) Independent evaluation (Procurement Department-PD)

  Involvement of internal subject matter experts (SME)

  Identify the correct setup to meet this requirement.

  A. initiatives created and owned by VD, internal response and evaluation by SME
  B. initiatives created and owned by VD, internal response by SME, and evaluation by PD
  C. initiatives created and owned by VD, internal response by PD, and evaluation by SME
  D. initiatives created and owned by VD, internal response by VD, and evaluation by SME
  B. initiatives created and owned by VD, internal response by SME, and evaluation by PD

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• Question 82:

  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 83:

  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.

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• Question 84:

  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 85:

  SIMULATION

  Manage Locations

  Scenario:

  Your organization, headquartered in Redwood City, CA, zip code 94065, is implementing Oracle Procurement Cloud.

  Task1

  Create a Location for your purchasing headquarters, where:

  Location is linked to US Location Set

  Name of the location is PRCXX Location (Replace xx with 01, which is your allocated User ID.)

  Location code is PRCXXLOC (Replace XX with 01, which is your allocated User ID.)

  Address line is 1000 Main St

  Location is active

  

  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 location for your purchasing headquarters, you can follow these steps:

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

  Click on the Go to Task icon to open the Manage Locations page. Click on the Create icon to create a new location. Enter the following information in the Create Location dialog box:

  Check the Active check box to make the location active. Click on the Save and Close button to save the location. You have successfully created a location for your purchasing headquarters. You can verify the location details by searching for it in the Manage Locations page.

  OR use the following:Following the scenario, we need to create a Location in Oracle Procurement Cloud for your purchasing headquarters in Redwood City, CA, with the following details:

  Location Set: US Location Set

  Name: PRCXX Location (Replace xx with 01)

  Code: PRCXXLOC (Replace xx with 01)

  Address: 1000 Main St, Redwood City, CA, 94065

  Status: Active

  Here are the steps to create the location:

  Navigate to Manage Locations:

  Create the Location:

  Enter the Location Information:

  Save the Location:

  Verification:

  The Location "PRCXX Location" (replace xx with 01) should now be listed in the Manage Locations page.

  You can verify the details of the location by clicking on it.

• Question 86:

  SIMULATION

  Challenge 7

  Manage Qualification Areas

  Scenario

  Your procurement organization needs to group and organize qualification questions into a hierarchical structure.

  Task

  Create an active Qualification Area to hold the qualification question created previously, where:

  Name of the area is PRCXX Area 1 (Replace xx with 01, which is your allocated User ID.) Description references company history Owning procurement BU is US1 Business Unit Expiration period is 10 days Questions and outcomes contain three options: Excellent, Average, Poor

  

  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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  Task 7: Create a Qualification Area for Supplier Questions Following the scenario, we need to create a new Qualification Area in Oracle Procurement Cloud named "PRCXX Area 1" (replace xx with 01) to organize the previously created supplier question.

  Here are the steps to create the Qualification Area:

  Navigate to Manage Qualification Areas:

  Create the Qualification Area:

  Enter the Qualification Area Information:

  Add Qualification Questions:

  Define Outcomes:

  Save the Qualification Area:

  Verification:

  The Qualification Area "PRCXX Area 1" (replace xx with 01) should now be listed in the Manage Qualification Areas page.

  You can verify the area details, description, and associated supplier question by clicking on it.

  The owning procurement BU, expiration period, default owner, active status, and defined outcomes should be displayed as specified above.

  Additional Notes:

  Make sure to replace "xx" with your allocated User ID (01) in the area name for consistent naming convention.

  The expiration period determines how often suppliers need to update their information for this area.

  Adding a default qualification owner simplifies the assignment process for new qualifications.

  Defining outcomes allows you to evaluate the responses to the qualification questions and assign scores or weights based on their performance.

• Question 87:

  You have the following business requirements while configuring applications with related roles:

  When creating an implementation project, you want to see the list of Offerings and Functional Areas that are configured for the project.

  You want to identify which stage are all Offerings and Functional Areas in. Identify two setups that fulfill these requirements. (Choose two.)

  A. You should select the "Enable for Implementation" check box to specify the Options.
  B. After implementation tasks, you should set the status to "In Progress" or "Implemented".
  C. You should have an IT Security role in order to fulfill these requirements.
  D. Although the Offering configuration can be changed any time, the changes will influence any of the existing implementation task lists.
  E. You should change the Provisioned to "No" to specify the Offering that you want to choose while create an implementation project.
  A. You should select the "Enable for Implementation" check box to specify the Options.
  B. After implementation tasks, you should set the status to "In Progress" or "Implemented".

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• Question 88:

  During implementation, a customer wants requisition preparers to be able to override the default buyer assignment on requisition lines. Which setup enables this behavior?

  A. Enable Override Buyer Assignment in Configure Requisitioning Business Function
  B. Enable Buyer Reassignment in Configure Procurement Business Function
  C. Assign multiple buyers to the requisitioning business unit
  D. Enable Buyer Override in Manage Procurement Agents
  A. Enable Override Buyer Assignment in Configure Requisitioning Business Function

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• Question 89:

  To improve usability and reduce errors, you have set a default negotiation template for each document type when creating or editing a negotiation style.

  This feature is always enabled but you do not always see the template that was set on the negotiation style defaulting in.

  What could be two reasons for this?

  A. It is a public template.
  B. The template is inactive at the time of creating the negotiation.
  C. It is a global template and the negotiation is created in the same BU as the template.
  D. It is a private template where only the template owner can use it.
  E. The template is active at the time of creating the negotiation.
  B. The template is inactive at the time of creating the negotiation.
  D. It is a private template where only the template owner can use it.

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  The default negotiation template for each document type is only applied when creating or editing a negotiation style if the template is active and public. If the template is inactive or private, the template will not be defaulted in. Therefore, the two reasons why you do not always see the template that was set on the negotiation style defaulting in are:

  The template is inactive at the time of creating the negotiation. An inactive template cannot be used for creating or editing negotiations, and it will not be displayed in the list of available templates. You need to activate the template before you can use it as a default template. It is a private template where only the template owner can use it. A private template is only visible and accessible to the user who created it, and it will not be shared with other users. You need to make the template public if you want to

  use it as a default template for all users.

  References:

  Create a Negotiation Template, section "Create a Negotiation Template", subsection "Default Negotiation Template".

  Oracle Supplier Negotiations, section "Create Negotiations", subsection "Create Negotiations: Default Negotiation Template".

• Question 90:

  A customer wants requisition approval to restart whenever quantity is changed by a buyer after approval. Which setup enables this?

  A. Configure Procurement Business Function
  B. Configure Requisitioning Business Function
  C. Requisition approval rule with quantity condition
  D. Change Order template
  B. Configure Requisitioning Business Function

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