1Z0-1065-23 Online Practice Questions and Answers

You are setting up Oracle Cloud Sourcing. You would like participants to provide Insurance and Freight cost for the quotation/RFQ (Request For Quotation) lines. Identify the configuration that will fulfill this requirement.

A. Add Cost Factors for Freight and Insurance

B. Personalize the negotiation UI (User Interface) to add the Freight and Insurance attributes.

C. Add negotiation lines separately to capture Freight and Insurance.

D. Define a negotiation style and enable DFF (Descriptive FlexField) for Freight and Insurance

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

In Oracle Transactional Business Intelligence (OTBI), which subject area should you use to report on spend for purchase orders and their associated requisitions?

A. Procurement

You have defined your negotiation style and named it `ABC negotiation style'. Subsequently, you try to add collaboration team members on a negotiation that is based on the `ABC negotiation style' and find that the `Collaboration Team' field is disabled. Identify the cause.

A. The `Requirements and Instructions' checkbox is unchecked in the style.

B. The `Collaboration Team' checkbox is unchecked in the style.

C. Cost factors are not set up for negotiations for participants, causing no collaboration to negotiate cost.

D. Online collaboration is visible only to the Requisition Preparer.

You defined an Approved Supplier List (ASL) with a Blanket Purchase Agreement (BPA) for requisitions. After you submit a requisition with the BPA as a source document, you found an approved requisition and automatically created PO

(Purchase Order). However, the status of this PO was confirmed as "Incomplete" instead of "Open" as expected.

Identify two causes for this behavior. (Choose two.)

A. The "Approval required for buyer modified lines" check box is deselected in the Configure Requisitioning Business Function.

B. The "Enable negotiation approval" check box is deselected in the Configure Procurement Business Function.

C. The "Automatically submit for approval" check box is deselected in the BPA that was referenced from the requisition.

D. The "Allow Purchase Order Approval" check box is deselected in the Manage Approved Supplier List Status, which assigned ASL's status.

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.

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.

When creating a negotiation, the category manager wants to send it to all supplier contacts for a supplier.

Which is the most efficient way to achieve this?

A. Create the negotiation by using a negotiation style with the appropriate supplier control selected.

B. Create a negotiation and send it to the supplier bidder contact for forward distribution.

C. Create a negotiation and add each supplier contact to it.

D. Create a negotiation by using a negotiation template with each supplier contact added.