Oracle Oracle Certifications 1Z0-1065-22 Questions & Answers

• Question 81:

  Which option would the application first look at to default the Location field in the Purchase Order Line?

  A. Supplier site assignment record of the supplier site in the Requisitioning BU.

  B. BU assignment record of the source agreement that corresponds to the Requisitioning BU

  C. Purchase Order Header

  D. "Requisitioning Business Function Configuration" task of the Requisitioning BU.

  Correct Answer: C

  

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

• Question 82:

  You are implementing Cloud Procurement contracts and during user acceptance testing, the user would like to create clauses in the Cloud applications similar to what were available in their legacy Contract application. Identify two ways to create clauses as per their requirement. (Choose two.)

  A. Import Clauses from the Contracts workarea page.

  B. Manage Contract Standard Clauses, Templates, and Profiles from Functional Setup Manager.

  C. Create Clauses from the Contracts workarea page.

  D. Manage Contract Standard Clauses from Functional Setup Manager.

  Correct Answer: AD

  A: You can import clauses from legacyapplications by running Oracle Fusion Enterprise Scheduler (ESS) processes from the Terms Library work area by selecting the Import Clauses task or from the Setup Manager by selecting the Manage

  Processes task.

  D: Navigate to Define Contract Terms and Clause Library Configuration and open the Manage Contract Standard Clauses, Templates, and Expert Rules task. This is not a setup and maintenance task, but a manual task that is performed from

  the Terms Library work area.

  References:

  https://docs.oracle.com/cd/E56614_01/procurementop_gs/FASCA/F1174617AN1C4DF.htm https://docs.oracle.com/cloud/latest/common/OACTS/OACTS1718178.htm

• Question 83:

  An organization implementing Supplier Qualification Management has multiple procurement business units: PR BU1, PR BU2, and PR BU3. The Corporate head office (CORP BU) is also defined as one of the procurement business units.

  The organization wants to maintain and manage the Qualification area-A for use by all the procurement business units, but wants the Qualification area-B to be used only by CORP BU and PR BU1.

  Identify two setups to fulfill this requirement. (Choose two.)

  A. Create the Qualification area-A in PR BU2 and select PR BU3.

  B. Create the Qualification area-B in CORP BU and select PR BU1.

  C. Create the Qualification area-A in CORP and select the "Global" check box.

  D. Create the question in CORP BUand select the "Global" check box.

  E. Create the Qualification area-B in CORP BU and select the "Global" check box.

  Correct Answer: BC

  References:

  Oracle Procurement Cloud Using Procurement (Release 9), page 57

• Question 84:

  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 85:

  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

• Question 86:

  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

  Correct Answer: A

  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. References:

  Oracle Procurement Cloud Using Procurement (Release 9), page 30

• Question 87:

  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 88:

  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 89:

  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 90:

  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