Oracle Oracle Certifications 1Z0-1065-23 Questions & Answers

• Question 21:

  Identify three application standard sequence for the in the Setup and Maintenance task list `Define Supplier Configuration'. (Choose three.)

  A. Manage Requirement Section Lookup

  B. Business Classification Lookup

  C. Minority Group Lookup

  D. Tax Organization Type Lookup

  E. Manage FOB Lookup

  F. Manage Freight Terms Lookup

  Correct Answer: BCD

• Question 22:

  Your customer is implementing Cloud Procurement across two countries: A and B. They need intercompany transactions to be carried out between these two entities. Identify the setup to fulfill this requirement.

  A. Supply Chain financial Orchestration agreement between business units of countries A and B.

  B. intercompany transaction between legal entities of countries A and B

  C. Supply Chain financial Orchestration agreement between legal entities of countries A and B

  D. intercompany transaction between business units of countries A and B

  Correct Answer: D

  Sold-to BU: If the selected BU performs invoicing, then the same BU can be used as the Sold-to BU. However, in certain instances due to tax or legal reasons the client BU may only perform requisitioning with the supplier and another BU

  assumes the liability for the purchases. In this case a different sold-to BU is selected. The list of soldto BUs that can beselected for a given client BU is determined by the Intercompany Transaction Flow setup. In addition, when a separate

  Sold-to BU acts as an agent to the client BU an assignment must be created for the soldto BU in order for the BU to process invoices.

  References:

  https://docs.oracle.com/cd/E56614_01/procurementop_gs/OAPRC/F1007476AN1079E.htm

• Question 23:

  Name the Oracle Transactional Business Intelligence (OTBI) KPI that indicates the count of approved requisitions where at least one of the requisition lines is assigned to the buyer who has logged in and that requisition line is not implemented into an order, bucketed by the number of days elapsed since the requisition was approved.

  A. Requisition Lines in Process Count

  B. Requisition Aging Count

  C. Requisition Lines Volume Count

  D. Requisition Lines Cycle Time

  E. Requisition Aging Count

  Correct Answer: A

• Question 24:

  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.

  Correct Answer: C

  The options for budgetary control settings are as follows: Absolute, Advisory, end None Absolute: If Absolute is entered, the transaction is rejected unless funds are available. Advisory: If Advisory is entered, the transaction is approved even

  when no funds or insufficient funds are available.

  None: If None is entered, all transactions are approved and there is no funds check.

  References:

  https://docs.oracle.com/cd/E18727_01/doc.121/e13567/T237204T237227.htm

• Question 25:

  During a Oracle Procurement Cloud implementation, you are going to implement Purchasing and Self Services Procurement. Identify the configuration step that will ensure that the tasks related to the other Procurement Cloud products like Supplier Portal Cloud are not available in Functional Setup Manager (FSM) during configuration.

  A. Enable tasks related to Supplier Model during Configure Offering

  B. Enable only `Purchasing' and `Self Service Procurement' during Configure Offering.

  C. Enable `Procurement' pillar and do not assign the tasks to the implementation consultant in FSM.

  D. Enable all modules during Configure Offerings and disable the tasks related to unrelated modules in FSM.

  Correct Answer: B

  Provisioning Offerings The Provisioned column on the Configure Offerings page shows whether or not an offering is provisioned. While you are not prevented from configuring offerings that have not been provisioned, ultimately the users are not able to perform the tasks needed to enter setup data for those offerings until appropriate enterprise applications (Java EE applications) are provisioned and their location (end point URLs) is registered. References: https://docs.oracle.com/cloud/farel8/procurementcs_gs/FASUP/F1175419AN103FD.htm

• Question 26:

  Identify two fields whose tolerance levels are ignored when data is entered while creating receipts using Enforce Blind Receiving. (Choose two.)

  A. Waybill

  B. Packing Slip

  C. Receiving Quantity

  D. UOM

  E. Receiving Date

  Correct Answer: CE

  Reference: https://docs.oracle.com/cd/E18727_01/doc.121/e13409/T207713T208957.htm

• Question 27:

  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 Order Changes 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 Document Analysis as Supplier Duty

  Correct Answer: CD

  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.

• Question 28:

  You created a sourcing two-stage sealed RFQ and invited five suppliers to participate. The Technical stage is completed and the Commercial stage is unlocked. At this time in the award negotiation section, in the Award Line you are able to

  see only three supplier's responses as active responses. You are not able to see the other two suppliers' data in the active responses.

  Which two reasons are causing this? (Choose two.)

  A. Supplier responses are closed.

  B. Suppliers have entered the responses. Because the RQF is sealed, you are not able to view these two supplier's data.

  C. Suppliers were already awarded.

  D. Suppliers were not shortlisted in the Technical stage.

  E. You have entered these two suppliers' responses as surrogate responses by a buyer. In the Commercial stage, the buyer has not yet entered surrogate responses.

  Correct Answer: DE

• Question 29:

  Your customer tells you that in their industry, the response document for an auction is called a `Proposal' instead of the default Oracle term `Bid', and that they would like to have all their negotiation documents reflect this terminology. What would you do to meet this requirement?

  A. Create a Negotiation Style

  B. Create a Negotiation Type.

  C. Customize the Descriptive Flexfield.

  D. Create a Purchasing Document Style.

  E. Create a Negotiation Template.

  Correct Answer: A

  You can use a negotiation style to control the look of the document and the features available. A style is a good way to create a streamlined negotiation.

• Question 30:

  Identify the Duty role that you need to associate with the Job role to enable the "new supplier request" functionality.

  A. Supplier bidder duty

  B. Supplier Self Service administrator duty

  C. Supplier sales representative duty

  D. Supplier Self Service clerk duty

  E. Submit supplier registration duty

  Correct Answer: E

  Only registration requests in pending approval status can be edited. The user must be the current approver and have Supplier Registration Management Duty (Edit Supplier Registration Request privilege), or Supplier Profile Management Duty (Access Supplier Workarea Overview privilege) to edit the registration.