Updated Oct-2022 1z0-1065-22 Exam Practice Test Questions
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Oracle 1z0-1065-22 Exam Syllabus Topics:
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NEW QUESTION 65
Your customer wants to configure six BUs: five Requisitioning Bus and one BU configured as a shared Procurement BU with only the Procurement function enabled.
How will you define the relationship between the Requisitioning BUs and the Procurement BU?
- A. The Procurement BU must be assigned with the Requisitioning business function in order for it to be a shared services center.
- B. Intercompany transactions need to be defined between the Requisitioning BUs and the Procurement BU.
- C. The Procurement BU needs to be configured as a service provider to the Requisitioning BUs.
- D. The Payables business function must be assigned in addition to the Procurement business function.
Answer: C
Explanation:
Without the site assignment model each client BU would be forced to establish its own relationship with the supplier. The service provider relationship between the client BU and procurement BU is defined in the business unit setup.
NEW QUESTION 66
In which Functional setup Manager task is Next Purchase Order Number set up?
- A. Configure Requisitioning Business Function
- B. Define a sequence for auto numbering and assign it back in Configure BU numbering setup
- C. Configure Procurement Business Function
- D. Manage Common Options for Payables
Answer: A
NEW QUESTION 67
What are the three different types of category hierarchies available within Oracle Procurement Cloud?
- A. Item Category Hierarchy
- B. Catalog Category Hierarchy
- C. Supplier Products and Services Hierarchy
- D. Procurement Category Hierarchy
- E. Purchasing Catalog Hierarchy
Answer: B,C,D
NEW QUESTION 68
A buyer is creating a purchase requisition using 'Catalog Superstore', and intends to compare items before adding them to the shopping list. Identify the maximum number of items that are allowed by the application for side-by-side item comparison.
- A. 0
- B. 1
- C. 2
- D. 3
- E. 4
Answer: C
NEW QUESTION 69
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. Rapid Implementation Task List
- B. Manage Implementation Projects
- C. Manage Offerings and Features
- D. Configure Basic Enterprise Structure
Answer: B
NEW QUESTION 70
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. Response Visibility Open
- B. Two stage Evaluation
- C. Open Auctions
- D. Technical and Commercial Evaluation
- E. Response Visibility is always Sealed
- F. Response Visibility Blind
Answer: B,D,E
Explanation:
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.
Reference:
https://fusionhelp.oracle.com/helpPortal/topic/TopicId_P_EDADAB5CC7CF0747E040D30A68811553
NEW QUESTION 71
Identify two correct statements about Local area and Contextual areas in the common UI Shell. (Choose two.)
- A. Local area is the main work area and typically contains the transaction form.
- B. Contextual area can drive the contents of the local area.
- C. Local area includes components that directly affect the Contextual area.
- D. Contextual area provides quick access to tools that support business process.
- E. Local area can drive the contents of the regional area and the contextual area.
Answer: A,C
Explanation:
Local Area: The local area is in the center of the UI Shell where users do their work. It is the mainwork area and typically contains the transaction form with the menus and controls that enable users to be productive. Controls in, and the content or state of, the local area generally affect the contents of the contextual area.
Main Area: This term designates the combination of the Local Area and the Contextual Area.
Contextual Area: The contextual area is in the right-hand pane of the UI Shell, with controls and contents that generally are affected by controls in, or the content or state of, the local area; although in specific cases the contextual area can also affect the contents of the local area (causing a local-area reload).
NEW QUESTION 72
What is required to make data available in Oracle Procurement Cloud Transactional Business Intelligence graphs?
- A. Schedule ESS jobs to run according to customer requirements.
- B. Configure the Extract Transform and Load tool and data will be populated in real time.
- C. Schedule concurrent requests to run every hour.
- D. No need to schedule anything; data will be populated in real time.
Answer: D
Explanation:
With Oracle Fusion Transactional Business Intelligence embedded analytics, role-based dashboards, and on-the- fly ad hoc reportingcapabilities make data access and interpretation easier than ever before. Users are able to see updates in real-time, and their impact, through embedded analytics. For example, during the compensation budgeting process, a manager is able to see a running tally for reference right on the page.
NEW QUESTION 73
While defining the setup 'Define Requisition Configuration', which four options are available for the 'Group Requisition Import By' field?
- A. Requester
- B. Supplier
- C. Category
- D. Item
- E. Supplier Site
- F. Location
Answer: B,C,D,F
Explanation:
Reference http://docs.oracle.com/cd/A60725_05/html/comnls/us/po/timpreq.htm
NEW QUESTION 74
Your customer is using Cloud Supplier Qualification Management and Procurement Sourcing.
What three actions can the category manager take within a negotiation to solicit additional information from suppliers or internal users? (Choose three.)
- A. Solicit information in your negotiation that in in addition to negotiation lines.
- B. Copy the Supplier Qualification Area and use it as a requirement section.
- C. Copy Supplier Qualification Questions in the negotiation as a requirement.
- D. Create reusable Supplier Qualification questions directly in the negotiation.
Answer: B,C,D
NEW QUESTION 75
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 by VD, and evaluation by SME
- B. initiatives created and owned by VD, internal response and evaluation by SME
- C. initiatives created and owned by VD, internal response by SME, and evaluation by PD
- D. initiatives created and owned by VD, internal response by PD, and evaluation by SME
Answer: C
NEW QUESTION 76
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 the Default Procurement BU in the Requisitioning Business Function
- B. by setting up a Procurement Business Unit and a Requisitioning Business Unit in the Functional Setup Manager
- C. by setting up a Service Provider relationship in the Business Unit setup
- D. by providing a default Business Unit in the Procurement Agent setup
Answer: C
Explanation:
Without the site assignment model each client BU would be forced to establish its own relationship with the supplier. The service provider relationship between the client BU and procurement BU is defined in the businessunit setup.
NEW QUESTION 77
A buyer often orders an item BA82829 by box but the same store manager stocks the item as individual units by using the 'Each' unit of measure. Item BA82829 can be ordered from three suppliers and the box sizes differ by supplier (12, 24 and 36). Identify the correct option to set up these units of measure in Product Hub (PIM).
- A. Create a Box UOM and an Each UOM and assign both to the same UOM classes.
- B. Create multiple BoxY UOMs, where Y is the quantity per box, and an Each UOM, and assign them to the same UOM class.
- C. Create multiple BoxY UOMs, where Y is the quantity per box, and an Each UOM, and assign them to different UOM classes.
- D. Always use the Each UOM and do not create Purchase Orders for Box.
- E. Create a Box UOM and an Each UOM and assign them to different UOM classes.
Answer: A
NEW QUESTION 78
You gave the Procurement Catalog Administrator role to a buyer of the business unit "BU1" but when the buyer is trying to define a catalog in "Select and define catalog", the buyer is unable to find "BU1" in the "Procurement BU" list of values.
Identify the reason for this.
- A. The "Procurement Catalog Administrator BU1" data role is not assigned to the buyer.
- B. The "Catalog Management" business function is not enabled for BU1.
- C. The "Manage Catalog content" action is not enabled for the buyer in the Procurement Agent page.
- D. The "Local Catalog administrator BU1" data role is not assigned to the buyer.
Answer: C
Explanation:
Procurement BU: Assign the agent to one or more procurement business units.
Action: Enable the agent to access one or more procurement action for each procurement business unit.
For example: Manage Catalog Content: Enable access to catalog content. This action allows an agent to add or update blanket purchase agreement line information as part of the collaborative catalog authoring
NEW QUESTION 79
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 "Enable negotiation approval" check box is deselected in the Configure Procurement Business Function.
- B. The "Approval required for buyer modified lines" check box is deselected in the Configure Requisitioning Business Function.
- C. The "Allow Purchase Order Approval" check box is deselected in the Manage Approved Supplier List Status, which assigned ASL's status.
- D. The "Automatically submit for approval" check box is deselected in the BPA that was referenced from the requisition.
Answer: B,D
NEW QUESTION 80
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. Item, buy
- B. Free form, buy
- C. Free form, buy agreement
- D. Item, buy agreement
Answer: C
Explanation:
Item, buy --> Line representing the purchase of an item. Item, buy agreement -->Line representing the negotiated terms for future purchase of an item. Free-form, buy--> Line representing the purchase of services defined by a scope of work. Free-form, buy agreement -->Line representing the negotiated terms for future purchase of services.
NEW QUESTION 81
During an implementation of Cloud Sourcing, the users are performing user acceptance testing and entering 'contract terms' in the terms library from different remote locations. There are occasions when same mistakes are being repeated by the users and the project team needs to do a lot of coordination to eliminate the errors. Identify the system help that the users can utilize so that they enter only the correct contract terms in the 'Terms library', validate those, correct those and use those in the contract?
- A. Users need to run 'Contract Expert' which will identify the mistakes and red line the items
- B. Users need to share the terms before input to the system
- C. Users need to run 'Contract library Tool' to check the correctness
- D. Users need to download the terms in word format and run the spell/ grammar check
Answer: A
NEW QUESTION 82
You have defined an attribute named 'Years of Experience' in your negotiation. You have set up scores for acceptable value ranges, and would like to rate responses based on this score. On getting the responses from the participating suppliers, you observe that for a few suppliers, the score was not calculated. Identify the reason for this issue.
- A. The Negotiation type is RFI (Request for Information); therefore, scoring is optional.
- B. Sourcing does not support attribute definition.
- C. You already have a few suppliers defined in the system; therefore, the scoring did not take place.
- D. The attribute 'Years of Experience' was not marked as Required, so the supplier did not provide any value.
Answer: D
Explanation:
Responses to Requirements can be scored according to the desirability of the response. You can define the Requirement such that the system automatically scores the response (in which case you must specify the allowable values (or ranges of values) for that requirement and each one's score. Or evaluators can view the response and enter a score manually.
NEW QUESTION 83
Which user-defined attribute type in Purchasing Document Approval Rules Management supports the aggregation of data across lines or distributions based on a set of filters?
- A. Summation attribute
- B. Currency attribute
- C. Category attribute
- D. Custom attribute
Answer: A
Explanation:
Summation attributes support the aggregation of data across lines or distributions using a set of filters. You can set up the filters using requisition attributes, or you can use rollups in the Procurement Category Hierarchy, Cost Center, Balancing Segment, Management Segment, or Natural Account hierarchies.
NEW QUESTION 84
During an implementation, the Buyers will like to access the OTBI reports that are available in the Cloud Purchasing application. Identify the way to provide them easy access to Purchasing related OTBI reports?
- A. Ask the buyer to run Scheduled Process to run the OTBI reports for Purchasing
- B. Train the users to navigate to Business Intelligence applications to access the reports
- C. Train the buyers to navigate to 'Functional Setup Manager' to access the reports
- D. Enable the OTBI reports in Purchasing work area
Answer: D
NEW QUESTION 85
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 Document Analysis 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 Order Changes as Supplier Duty
Answer: C,D
Explanation:
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.
NEW QUESTION 86
For external supplier self-service registration, you can define web pages and specify the URL for each page, for prospective and spend authorized suppliers.
In Setup and Maintenance which task should be used for this purpose?
- A. Configure Procurement Business Function
- B. Configure Supplier Registration and Profile Change Requests
- C. Configure Requisitioning Business Function
- D. Manage Server Configurations
Answer: A
NEW QUESTION 87
While creating a Contract Purchase Agreement, a buyer tries to add a Contract Template to it, but the List of Values (VOL) is empty.
Identify three applicable reasons for this issue.
- A. The document type associated with the Contract Template is 'Contract Purchase Agreement'.
- B. The document type associated with the Contract Template is 'Purchase Order'.
- C. The Contract Template is in 'Approved' status.
- D. The document type associated with the Contract Template is 'Blanket Purchase Agreement'.
- E. The Contract Template is not 'Approved'.
Answer: A,B,C
NEW QUESTION 88
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