Oracle Oracle Certifications 1Z0-1065-21 Questions & Answers

• Question 61:

  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 cannot view the PO information in Procurement contract. They must navigate to Purchasing.

  B. The user can view the purchase order in the Deliverable tab of that contract in Procurement Contracts.

  C. The user can view the purchase order in the "Purchasing Activity" tab under the Fulfillment 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.

  Correct Answer: C

  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

• Question 62:

  Five requisition lines of a single requisition document are available to process on to purchase order. But the buyer returned one requisition line to the requester for quantity modification. What will be the effect of this action on the remaining four requisition lines?

  A. They will be available to process on to purchase order.

  B. They will be put on hold until the requester resubmits the returned line with the correct quantity.

  C. They will be in the "withdrawn" status.

  D. They will get canceled.

  E. They will also get returned to the requester.

  Correct Answer: B

  How can I reject individual items on a multi-item requisition? You cannot selectively approve or reject individual items. You can edit the requisition to add or delete items, modify requisition quantity, and then approve the requisition. If the approver needs to reject specific lines on the requisition, the approver should reject the entire requisition. The approver can include comments on the worklist task to highlight the rejection reason. The preparer then needs to update the requisition and resubmit it for approval. References: https://docs.oracle.com/cd/E56614_01/procurementop_gs/OAPRC/F1007478AN174A5.htm

• Question 63:

  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 `Common Payables and Procurement options' first and if it is `Null' then from `Supplier site assignment'

  C. from the `Configure Procurement business function'

  D. from the `Configure Requisitioning business function'

  E. from the `Supplier site assignment' first and if it is `Null' then from `Common Payables and Procurement options'

  Correct Answer: C

  Common Payables and Procurement Configuration setting for the Sold-to BU

  

  References: http://docs.oracle.com/cd/E37017_01/doc.1115/e22658/F387038AN185BD.htm

• Question 64:

  An organization has initiated a campaign for energy conservation and wants all its suppliers to declare

  their carbon emissions. The Qualification manager is asked to create an initiative to collect the information

  and the certificates from suppliers.

  Identify the method to create a qualification area without any defined outcome for this requirement.

  A. Create questions. Create and add the questions to a qualification area, but do not select the "Information only" check box.

  B. Create questions. Create and add the questions to a qualification area and select the "Information only" check box.

  C. Create questions, but do not select "Response required". Create and add questions to a qualification area, but do not select the "Information only" check box.

  D. Create questions, but do not select the "Response required" and "Critical question". Create and add question to a qualification area.

  Correct Answer: B

  An information only area does not have any outcome.

  References:

  Oracle Procurement Cloud Using Procurement (Release 9) , page 58

• Question 65:

  Your customer wants to configure three business units (BUs) as follows:

  US East BU and US West BU that perform requisitioning-related business processes and tasks. The US

  East BU provides payment services for its own invoices and for the US West BU's invoices. One BU, US

  Header BU, that is configured as a shared Procurement BU with only the Procurement function enabled.

  Identify the correct configuration.

  A. The US East BU needs to be configured as a Payables Payment Service Provider.

  B. The US Header BU needs to be configured as a Payables Payment Service Provider.

  C. The US East BU and US West BU need to be configured as a Payables Payment Service Provider.

  D. The US West BU needs to be configured as a Payables Payment Service Provider.

  Correct Answer: A

• Question 66:

  Your customer wants to configure four business units (BUs) as follows: Korea, China BUs that perform only requisitioning-related business processes and tasks. A US BU that is configured as a shared Procurement BU with only the Procurement function enabled. A Singapore BU that provides only payment services for both Korea and China BUs. Identify an applicable setup to represent how the business unit is used.

  A. The Singapore BU must be assigned the Payables Payment business functions.

  B. The Korea BU must be assigned the Receiving, Payables Invoicing, and Payables Payment business functions.

  C. The China BU must be assigned the Billing and Revenue and Requisitioning business functions.

  D. The Singapore BU must be assigned with the Billing and Revenue and Payables Invoicing business functions.

  E. The US BU must be assigned the Requisitioning and Procurement business functions.

  Correct Answer: A

  Centralized payment processing enables you to implement a shared payment service model. Under this

  model, a single "payment business unit" provides payment services to multiple "invoice business units".

  Thatis, any business unit with the Payables Payment" businessfunction" can provide payment services to

  other business units with the Payables Invoicing business function.

  References:

  https://fusionhelp.oracle.com/helpPortal/topic/TopicId_P_F4FAD941BEF953E0E040D30A68811F09

• Question 67:

  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. Supplier Model

  B. Self Service Procurement

  C. Sourcing

  D. Procurement Contracts E. Purchasing

  Correct Answer: CDE

  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

• Question 68:

  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 attribute `Years of Experience' was not marked as Required, so the supplier did not provide any value.

  B. You already have a few suppliers defined in the system; therefore, the scoring did not take place.

  C. The Negotiation type is RFI (Request for Information); therefore, scoring is optional.

  D. Sourcing does not support attribute definition.

  Correct Answer: A

  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. References:

  https://docs.oracle.com/cd/E26401_01/doc.122/e48968/T435340T443517.htm

• Question 69:

  Your customer wants to change the Need-by-Date of an open Purchase Order. To make this change, a Change Order is initiated by the customer and the request is now being reviewed by the supplier. What will be the status of the Purchase Order and the Change Order in the system?

  A. Purchase Order: Pending Supplier Acknowledgement; Change Order: Pending Supplier Acknowledgement

  B. Purchase Order: Open; Change Order: Pending Supplier Acknowledgement

  C. Purchase Order: Pending Supplier Acknowledgement; Change Order: Open

  D. Purchase Order: Open; Change Order: Open

  E. Purchase Order: Open; Change Order: New

  Correct Answer: A

• Question 70:

  During the implementation, your customer has a requirement for a given business unit to enable "funds check" on purchase orders. This requires that budgetary control be enabled. What configuration must you complete to enable budgetary control in that business unit?

  A. Enable budgetary control by selecting the business unit in scope using the task Configure Procurement and Payables Options.

  B. Enable budgetary control by selecting the business unit in scope using the task Configure Procurement Business Function.

  C. Enable budgetary control by selecting the ledger and business unit by using the task Manage Budgetary Control.

  D. Enable budgetary control in both the Configure Requisition Business Function and Configure Procurement Business Function by selecting the business unit in scope.

  Correct Answer: A