1Z0-1065-22 Online Practice Questions and Answers

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

Identify two correct statements about Local area and Contextual areas in the common UI Shell. (Choose two.)

A. Local area includes components that directly affect the Contextual area.

B. Local area can drive the contents of the regional area and the contextual area.

C. Local area is the main work area and typically contains the transaction form.

D. Contextual area provides quick access to tools that support business process.

E. Contextual area can drive the contents of the local area.

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.

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.

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.

During Cloud procurement implementation, your customer has a requirement to ensure that all purchasing documents must go through budgetary control and the purchasing transaction must be stopped from processing if the funds are unavailable. Identify the configuration required to achieve this requirement.

A. Select the "enforce budget" check box under the Configure Procurement Business Function

B. The budget must be set up with control level as Advisory.

C. The budget must be set up with control level as Track.

D. The budget must be set up with control level as Absolute.

Identify the setup that allows news and information of interest to be published to suppliers through the Oracle Supplier Portal Cloud.

A. setting up Specify Supplier News Content in the Functional Setup Manager

B. enabling RSS feed from a customers corporate web portal

C. configuring the "News Broadcast" field using the `Manage Supplier' task

D. enabling feed from social media sites such as Facebook, Twitter, and so on using `Manage Common Options for Purchasing'

Your customer has requested you to set up a Procurement Business Unit to server the procurement needs of various Requisitioning Business Units. How would you set up the Shared Procurement model in Oracle Procurement Cloud?

A. by setting up a Service Provider relationship in the Business Unit setup

B. by setting up the Default Procurement BU in the Requisitioning Business Function

C. by setting up a Procurement Business Unit and a Requisitioning Business Unit in the Functional Setup Manager

D. by providing a default Business Unit in the Procurement Agent setup

What is the difference between Prospective and Spend authorized suppliers?

A. Prospective suppliers are limited to purchase orders, whereas both purchase order and agreement can be created for Spend authorized suppliers.

B. Prospective suppliers are suggested by internal users, whereas Spend authorized suppliers are registered externally.

C. Prospective suppliers are limited to sourcing and qualification activities, whereas Spend authorized suppliers are limited to purchase orders and agreements.

D. Prospective suppliers can participate in Sourcing activities only, whereas Spend authorized suppliers can participate in all Procure-to-Pay activities.

In Self Service Procurement, a user is not able to search for one of the inventory items. Identify three configuration issues that could be causing this problem.

A. The particular item is defined as "BOM Enabled" in PIM.

B. The particular item has not been marked as a "Purchased" item with the Purchasing operational attribute group.

C. The particular item is not part of any Procurement catalog.

D. The particular item does not belong to any Purchasing Category.

E. The particular item is not defined as a"Transactable" item in PIM.

Which statement is true regarding terms and conditions?

A. Terms and conditions are not seeded with either Oracle Sourcing Cloud or Oracle Purchasing Cloud.

B. Terms and conditions are seeded with both Oracle Sourcing Cloud and Oracle Purchasing Cloud.

C. Terms and conditions are not seeded with Oracle Sourcing Cloud and are only seeded with Oracle Purchasing Cloud.

D. Terms and conditions are not seeded with Oracle Purchasing Cloud and are only seeded with Oracle Sourcing Cloud

Purchasing document descriptive flexfields and value sets provide a way of capturing additional information for display and reporting. What three purchasing documents can make use of descriptive flexfields?

A. Approved Supplier List Entries

B. Blanket Purchase Agreements

C. Requisitions

D. Document Types

E. Supplier Qualifications

Your customer wants to use the Negotiations Online message functionality to interact with suppliers participating in a negotiation. Identify three features of the Negotiation Online message functionality.

A. You can send SMS to suppliers.

B. The online messages will be retained for future reference and audit trail.

C. You can add attachments in the message.

D. You can do online chatting.

E. Suppliers can raise clarifications for an auction online and you can respondwith answers online.

Your customer has the following approval hierarchy:

1.

Role: Employee; Document: Purchase Requisition; Approval Limit: $3500

2.

Role: Manager; Document: Purchase Requisition; Approval Limit: $6700

3.

Role: Senior Manager; Document: Purchase Requisition; Approval Limit: $12000 Purchase Order requisitions are set up with an approval method of Employee-Supervisor hierarchy and a Forward method of Direct. "Can Change Forward-To" is set to No. An employee has created a purchase requisition with a total amount of $8200, and wants the manager to review the requisition electronically before it is approved.

How can this requirement be fulfilled?

A. Advise the employee to change the Forward-To on the requisition to the manager.

B. Advise the employee to print the requisition, scan it into an email, and then email it to the manager.

C. Advise the manager to have the senior manager forward the requisition back to the employee before approving.

D. Advise the employee to have the manager review the requisition via the requisition summary form before submitting the requisition for approval.

Which method should you choose to manage setup data if you have a need to configure and modify the default setup best practices? (Choose the best answer.)

A. Configure Basic Enterprise Structure

B. Rapid Implementation Task List

C. Manage Offerings and Features

D. Manage Implementation Projects