Oracle Procurement Cloud 1Z0-1065-20 Real Exam Questions and Answers FREE Updated on Oct 03, 2021
1Z0-1065-20 Ultimate Study Guide - PracticeMaterial
NEW QUESTION 77
Your customer is implementing Oracle Procurement Cloud applications with multiple Requisition Business Units. Each Business Unit has employees who need the ability to create requisitions. The customer does not want all employees in the organization to be able to create requisitions using the self-service application; however, they should be able to search for information (for example, contact details) relating to other employees.
To restrict certain employees from being able to create requisitions, what inherited role must be removed from the seeded Employee role? (Choose the best answer.)
- A. Procurement Requester
- B. Procurement Preparer
- C. Employee
- D. Contingent Worker
- E. Procurement Administrator
Answer: A
NEW QUESTION 78
During Cloud Procurement implementation, the customer provides you with their company logo. They want you to place the logo on the header of the PDF report that gets generated for purchase requisitions for all requisitioning business units. Where will you configure this setup?
- A. Browse and select the logo in "Configure Requisitioning Business Function" for each of the requisitioning business units.
- B. Modify the purchase requisition report in the Business Intelligence Publisher tool for each of the business units.
- C. Set up the profile option "Company logo".
- D. Use Manage Menu Customizations.
Answer: B
NEW QUESTION 79
In relation to a Business Unit, which two statements are true?
- A. It is used to post transactions to multiple primary ledgers.
- B. It is used to partition subledgers.
- C. It must only have a single function.
- D. It can be consolidated into a managerial and legal hierarchy.
- E. It can only process transactions on behalf of one legal entity.
Answer: C,D
NEW QUESTION 80
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. Update Net 15 in procurement options and Net 30 for the supplier site.
- C. Set Net 30 for the supplier site and leave the payment term blank in procurement options.
- D. Update Net 15 in procurement options and leave the payment term blank for this supplier at all levels.
Answer: A,D
NEW QUESTION 81
Your customer is implementing Oracle Procurement Cloud applications with multiple Requisition Business Units. Each Business Unit has employees who need the ability to create requisitions. The customer does not want all employees in the organization to be able to create requisitions using the self-service application; however, they should be able to search for information (for example, contact details) relating to other employees.
To restrict certain employees from being able to create requisitions, identify the inherited role that must be removed from the seeded Employee role.
- A. Procurement Requester
- B. Procurement Preparer
- C. Employee
- D. Contingent Worker
- E. Procurement Administrator
Answer: A
Explanation:
Explanation
An internal supplier registration can come from one of the following three flows:
References: Oracle Procurement Cloud Using Procurement (Release 9), page 24
https://docs.oracle.com/en/cloud/saas/procurement/20b/oapcm/procurement-requester-abstract-role.html#procure
NEW QUESTION 82
Identify the three business benefits provided by the Manage Approval Rules user interface.
- A. support for common business requirements to route approvals based on aggregated information
- B. minimal dependency on IT group for rules setup
- C. ease of ordering items
- D. quick information search
- E. faster ramp-up time to set up approval rules
Answer: A,C,D
NEW QUESTION 83
Identify the Three entities from which a Negotiation can be created
- A. Outcome of another Negotiations
- B. Requisition Lines
- C. Purchase Order Lines
- D. Supplier Registration Request
- E. Expiring Blanket Purchase Agreement
Answer: A,B,E
NEW QUESTION 84
In order to define a shipping method, what three options need to be set?
- A. FOB Lookup COde
- B. Contract
- C. Purchase Profile
- D. Mode of Transport
- E. Service Level
Answer: A,B,D
NEW QUESTION 85
What is the Oracle Transactional Business Intelligence (OTBI) KPI that indicates the count of approved requisitions where at least one of the requisition lines is assigned to the buyer who has logged in and that requisition line is not implemented into an order, bucketed by the number of days elapsed since the requisition was approved? (Choose the best answer.)
- A. Requisition Aging Count
- B. Requisition Lines Volume Count
- C. Requisition Lines Cycle Time
- D. Requisition Lines in Process Count
- E. Requisition Line Aging Count
Answer: D
NEW QUESTION 86
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. Deselect the "Enable for Implementation" check box of the Procurement Offering.
- B. Change the Provisioned to "No" of the Procurement Offering.
- C. Set the implementation status to "In Progress" of the Procurement Offering.
- D. Navigate to the "Select Feature Choices" page of the Procurement Offering and unlock the feature.
Answer: D
NEW QUESTION 87
When defining supplier content map sets, which three values should you select that may be converted to values in the procurement business unit? (Choose three.)
- A. Item
- B. UOM
- C. Category
- D. Supplier
- E. Catalog
- F. Agreement
Answer: B,C,D
NEW QUESTION 88
Identify three profile options that are used to configure Self Service Procurement. (Choose three.)
- A. POR_DISPLAY_CATEGORY_ITEM_COUNT
- B. POR_DISPLAY_EMBEDDED_ANALYTICS
- C. PO_PRC_AGENT_CATEGORY_ASSIGNMENT
- D. PO_DOC_BUILDER_DEFAULT_DOC_TYPE
- E. POR_SEARCH_RESULTS_SKIN
Answer: B,C,D
Explanation:
Explanation
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
NEW QUESTION 89
Identify three profile options that are available in the 'Manage Purchasing Profile Options' setup and maintenance task.
- A. POR_DISPLAY_CATEGORY_ITEM_COUNT
- B. PO_AGRMT_LOADER_PURGE_DAYS
- C. POR_DISPLAY_EBMEDDED_ANALYTICS
- D. PO_DEFAULT_PRC_BU
- E. PO_DOC_BUILDER_DEFAULT_DOC_TYPE
Answer: B,D,E
NEW QUESTION 90
Which two are 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. means to provide price discounts
- D. price increase request from a supplier through the supplier portal
- E. change orders affecting pricing of specific lines
Answer: B,D
NEW QUESTION 91
After gathering requirements from the business leads of customer organization, you have set up the Bill-to location at multiple places during Oracle Procurement Cloud implementation. Identify the source from which the purchase order defaults the Bill-to location.
- A. from the Business Unit setup
- B. from the 'Configure Requisitioning business function'
- C. from the 'Common Payables and Procurement options' first and if it is 'Null' then from 'Supplier site assignment'
- D. from the 'Configure Procurement business function'
- E. from the 'Supplier site assignment' first and if it is 'Null' then from 'Common Payables and Procurement options'
Answer: E
Explanation:
Explanation
Bill to location is defaulted from record of the supplier sitein the Sold-to BU
2. Common Payablesand Procurement the Sold-to BU
NEW QUESTION 92
Your customer has defined some new roles for specific organizational needs. Where would you assign these additional roles?
- A. Fusion Applications Policy Manager (APM)
- B. Fusion Functional Setup Manager (FSM) > Manage Users task
- C. Fusion Identity Manager (FIM) > Provision Roles screen
- D. Fusion Human Capital Management (HCM)
Answer: B
Explanation:
Explanation
You can create new organizations using the Manage Sales and Marketing Organizations option in the Functional Setup Manager or the Oracle Fusion Partner Management user interface. You can also create new resource organizations from the User Management interface. You can also use the interface to manage user accounts and roles, and to create employee and partner-member users.
NEW QUESTION 93
You define a payment term Net 30 in the "Define Payment Terms" task. While configuring a supplier, you try to assign the payment term Net 30 to a supplier site but the list of values (LOV) is empty.
- A. The data set containing the payment term Net 30 is not assigned to the procurement BU.
- B. The payment term Net 30 is not defined at procurement options.
- C. The payment term Net 30 is not active.
- D. The supplier site is inactive.
Answer: A
NEW QUESTION 94
Which sequence of steps should you follow to configure an approval rule to automatically approve without being sent to an approver?
- A. Create the routing for the rule so that it is sent to the initiator, set the Auto Action Enabled option to True, and then enter Approve in the auto action field.
- B. Create the routing for the rule so that it is sent to the initiator, enter Approve in the auto action field, and then set the Auto Action Enabled option to True.
- C. Create the routing for the rule so that it is sent to the initiator, select the Routing type as Serial, and then set the Auto Action Enabled option to True.
- D. Create the routing for the rule so that it is sent to the initiator, select the Routing type as Serial, and then set the Auto Action Enabled option to True.
Answer: A
Explanation:
Explanation
You can configure a specific rule to automatically approve without being sent to any approver. Modify the routing for that rule so that it is sent to the initiator (which means the requestor is the approver), set the Auto Action Enabled option to True, and enter APPROVE in the Auto Action field.
NEW QUESTION 95
A Procurement Contracts user wants to create a deliverable with output document as Purchase Order in Oracle Purchasing Cloud. The user would like to know the status of the PO creation and also details of the PO.
Identify the location where the user can view this information.
- A. The user can view the purchase order in the "Purchasing Activity" tab under the Fulfillment tab of that contract in Procurement Contracts.
- B. The user cannot view the PO information in Procurement contract. They must navigate to Purchasing.
- C. The user can view the purchase order in the Deliverable tab of that contract in Procurement Contracts.
- D. The user can view the PO information under the Purchasing tab in contract line of that contract in Procurement Contracts.
Answer: A
Explanation:
Explanation
You must run the Track Purchasing Activity process to display information about the status of purchase orders or agreements created in Oracle Fusion Purchasing on the contract fulfillment's Purchasing Activity tab.
References:https://docs.oracle.com/cloud/farel8/procurementcs_gs/FASCA/F1174615AN1AFD6.htm
NEW QUESTION 96
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 Enforce Calculated Tax from Reference Document option for purchase orders.
- B. Enable the Exclusive Treatment for Calculated Tax option for purchase orders.
- C. Enable the Supplier Inclusive Tax for Calculated Tax option, for purchase orders.
- D. Enable the Inclusive Treatment for Calculated Tax option for purchase orders.
- E. Enable the Allow Supplier Tax Variance Calculated Tax option for purchase orders.
Answer: D
NEW QUESTION 97
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. Automatically submit for approval
- B. Use need-by date
- C. Apply price updates to existing orders
- D. Group requisitions
- E. Use ship-to organization and location
Answer: D,E
Explanation:
Explanation
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
NEW QUESTION 98
Your customer is implementing the full suite of Cloud procurement. They would like to know how best they can utilize the Contract Terms library.
Identify three applications from where users can access the Contract Terms library for setting up "contract terms" for different documents. (Choose three.)
- A. Self Service Procurement
- B. Procurement Contracts
- C. Sourcing
- D. Purchasing
- E. Supplier Model
Answer: B,C,D
Explanation:
Explanation
C: The procedure for conducting and awarding a two-stage RFQ in Fusion Sourcing quote information includes contact terms.
D: Adding Contract Terms
IfOracle Fusion Procurement Contracts is installed and configured, you can access contract information created and stored in Procurement Contracts and associate it with your negotiation document. Such information could identify important deliverables or contract clauses suppliers must provide along with the timeline governing the deliverable management.
E: In Oracle Fusion Purchasing a purchase order can be created through an automated process or entered manually.
You can communicate your purchase orders andagreements along with any amendments, attachments, contract terms, and contractual deliverables to suppliers using print, fax, or e-mail.
References: Oracle Procurement Cloud Using Procurement (Release 9), pages 155, 213, and 248
NEW QUESTION 99
Identify the complete sequence for the Procure-to-Pay flow.
- A. Enter Invoice > Match Invoice > Pay Supplier > Return Goods to Supplier.
- B. Create Requisition > Create Job Order > Build Inventory > Transfer Inventory > Pay Supplier > Return Goods to Supplier.
- C. Create Requisition > Create Purchase Order > Fulfill Purchase Order > Enter Invoice > Match Invoice > Pay Supplier.
- D. Create Requisition > Request for Quote > Analyze Quote > Award Supplier.
Answer: D
NEW QUESTION 100
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