Oracle Fusion Procurement Certification:1Z0-1065-20

Question 127

Your customer has the following approval hierarchy:

- Role: Employee; Document: Purchase Requisition; Approval Limit: $3500

- Role: Manager; Document: Purchase Requisition; Approval Limit: $6700

- Role: Senior Manager; Document: Purchase Requisition; Approval Limit: $12000 Purchase Order requisitions are set up with an approval method of Employee-Supervisor hierarchy and a Forward method of Direct. "Can Change Forward-To" is set to No. An employee has created a purchase requisition with a total amount of $8200, and wants the manager to review the requisition electronically before it is approved. 

How can this requirement be fulfilled?

Options:

A. Advise the employee to have the manager review the requisition via the requisition summary form

before submitting the requisition for approval.

B. Advise the manager to have the senior manager forward the requisition back to the employee

before approving.

C. Advise the employee to print the requisition, scan it into an email, and then email it to the

manager.

D. Advise the employee to change the Forward-To on the requisition to the manager.

Answer: A

Answer Explanation: We need to advise the employee to have the manager review the requisition via the requisition summary form before submitting the requisition for approval.

Oracle Fusion Procurement Certification:1Z0-1065-20

Question 128

Identify five business functions that must be configured in order to implement a complete

Procure-to-Pay business process in Oracle Procurement Cloud ?

Options:

A. Receiving

B. Requisitioning

C. Purchasing

D. Inventory

E. Payments

F. Invoicing

G. Incentive Compensation

Answer: A, B, C, E & F

Answer Explanation: - Receiving, Requisitioning, Purchasing, Payments & Invoicing are the mandatory functions which needs to configure in order to implement a complete Procure-to-Pay business process in Oracle Procurement Cloud.

Question 129

Your customer requires that any approved requisition needs to be reapproved whenever a

buyer updates a catalog requisition line during requisition processing.

Identify the correct setup to fulfill this requirement ?

Options:

A. After requisition modification, a buyer needs to reassign the requisition line to the requisition

authority for approval.

B. Configure "requisition approval rule" to include the "Approval required for buyer modified lines"

condition.

C. In the "Configure requisitioning" business function, select "Approval required for buyer modified

lines."

D. Configure the PO Approval rule in such a way that buyer-modified requisition lines will go for

approval again.

Answer: C

Answer Explanation: In the "Configure requisitioning" business function, select "Approval required for buyer modified lines."

Question 130

Which seeded role needs to be associated with the supplier user account so that a suppler

can respond to the invited negotiations?

Options:

A. Supplier Contract Manager

B. Supplier Self Service Administrator

C. Supplier Sales Representative

D. Supplier Bidder

E. Supplier Customer service representative

Answer: D

Answer Explanation:  Supplier Bidder roles required to associated with the supplier user account.

Oracle Fusion Procurement Certification:1Z0-1065-20

Question 123

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 ?

Option's:

A. Funds are insufficient and budget type is "Absolute".

B. Funds are insufficient and budget type is "Track".

C. Funds are insufficient and budget type is "Advisory".

D. Funds are available, but the approver is not set up as "Budget Manager" for the selected budget for

the business unit.

Answer: A

Answer Explanation: Funds are insufficient and budget type is "Absolute".

Oracle Fusion Procurement Certification:1Z0-1065-20

Question 124

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 ?

Options:

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

cost.

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

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

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

Answer: D

Answer Explanation: Online collaboration is visible only to the Requisition Preparer.

Question 125

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?

Option's:

A. Purchase Order: Open; Change Order: Open

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

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

Acknowledgement

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

E. Purchase Order: Open; Change Order: New

Answer: B

Answer: Purchase Order: Open; Change Order: Pending Supplier Acknowledgement

Question 126

Identify two fields whose tolerance levels are ignored when data is entered while creating

receipts using Enforce Blind Receiving ?

Option's:

A. Receiving Quantity

B. Way bill

C. UOM

D. Receiving Date

E. Packing Slip

Answer: A & D

Answer Explanation: Enforce Blind Receiving does not consider the tolerance levels of Receiving Quantity & Receiving Date.

Oracle Fusion Procurement Certification:1Z0-1065-20

Question 119

During Oracle Procurement Cloud implementation, one of the requirements of the customer

is to capture the revision history of Purchase Orders when 'notes to receiver' is entered or updated as

part of a Change Order. Identify the setup that needs to be performed in order to capture change

history when a user updates 'notes to receiver' as part of the Change Order ?

Options:

A. Update the attribute 'notes to receiver' in the Change Order template for the Purchase Order.

B. Update the attribute 'notes to receiver' in 'Configure Requisitioning Business Function' for the

requisitioning Business Unit.

C. Update the attribute 'notes to receiver' in 'Common Payables and Procurement Options' for the

procurement Business Unit.

D. Update the attribute 'notes to receiver' in supplier site assignment for the supplier site.

Answer: A

Answer Explanation: Update the attribute 'notes to receiver' in the Change Order template for the Purchase Order.

Oracle Fusion Procurement Certification:1Z0-1065-20

Question 120

Your customer wants to use the Negotiations Online message functionality to interact with suppliers participating in a negotiation. 

Identify three features of the Negotiation Online message functionality ?

Option's:

A. The online messages will be retained for future reference and audit trail. 

B. You can send SMS to suppliers. 

C. You can add attachments in the message. 

D. You can do online chatting. 

E. Suppliers can raise clarifications for an auction online and you can respond with answers online. 

Answer: A, C & E

Answer Explanation: 

C: The Attachments Flag is a flag that indicates the presence of an attachment that can be downloaded online. 

E: The Category Manager may receive inquiries from a supplier asking for clarification about a negotiation requirement or line attribute. The Category Manger pauses the negotiation while she is conducting a discussion with the supplier.

Question 121

Your customer frequently orders a specific item from a selected list of suppliers. Some of the

suppliers provide the item at a negotiated price, whereas other suppliers change the price

throughout the year.

How should you set up this item in Oracle Procurement Cloud to address both requirements?

Options:

A. Create a Planned Purchase Order for the fixed price supplier and do not create any kind of

agreement for the varied price supplier.

B. Create a Contract Purchase Agreement for the varied price supplier and do not create any kind of

agreement for the fixed price supplier.

C. Create a Contract Purchase Agreement for the fixed price supplier and a Blanket Purchase

Agreement for the varied price supplier.

D. Create a Blanket Purchase Agreement for the negotiated price supplier and a Contract Purchase

Agreement for the varied price supplier.

Answer: D

Answer Explanation: Create a Blanket Purchase Agreement for the negotiated price supplier and a Contract Purchase Agreement for the varied price supplier.

Question 122

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 for negotiating terms for future purchase of

service 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 ?

Options:

A. Item, buy

B. Item, buy agreement

C. Free form, buy agreement

D. Free form, buy

Answer: A (Item, Buy)

Answer Explanation: NA

Oracle Fusion Procurement Certification:1Z0-1065-20

Question 116

Your customer organization is headquartered in Toronto, and has three manufacturing

facilities in Mexico, Taiwan and Austria. The raw material requirements for these three

manufacturing units are consolidated and procured from Mexico through the Mexico procurement

division. Identify an appropriate way to model this scenario in Oracle Procurement Cloud ?

Options:

A. Requisitioning BU: Mexico, Taiwan, Austria and Procurement BU: Toronto

B. Requisitioning BU: Toronto, Taiwan, Austria and Procurement BU: Mexico

C. Requisitioning BU: Toronto and Procurement BU: Mexico

D. Requisitioning BU: Toronto and Procurement BU: Toronto

E. Requisitioning BU: Mexico, Taiwan, Austria and Procurement BU: Mexico

Answer: E

Answer Explanation: All three BU have consolidated material Requirment so all three will be Requisition BU and Mexico will purchase order material, so it will be procurement BU.

Oracle Fusion Procurement Certification:1Z0-1065-20

Question 117

You want Supplier Accounts to be created by external supplier users in Supplier Portal. 

Which Supplier Registration option would allow this?

Options:

A. Discrete Supplier Registration

B. External Supplier Registration

C. Global Supplier Registration

D. Internal Supplier Registration

Answer: B

Answer Explanation: External Supplier Registration would allow to create Supplier Accounts by external supplier users.

Question 118

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?

Option's:

A. They will get canceled.

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

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

D. They will also get returned to the requester.

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

Answer: B

Answer Explanation: All the pending requisition lines will be available to process on to purchase order.

Question 119

Your organization has multiple procurement business units. A Qualification manager wants to

launch an initiative for assessment of suppliers. However, the manager is unable to select the

qualification model that he or she defined earlier.

Identify the cause for this behavior ?

Options:

A. The Qualification manager is not defined as procurement agent.

B. The Qualification model is not yet approved.

C. The Qualification manager has not selected the correct procurement BU.

D. The Qualification manager does not have the "Manage Suppliers" action enabled in procurement

agent definition.

Answer: D

Answer Explanation: The Qualification manager does not have the "Manage Suppliers" action enabled in procurement agent definition.

Oracle Fusion Procurement Certification:1Z0-1065-20

Question 112

While creating a Purchase Order, you observe that the system is defaulting Net 30 as the

payment term instead of the intended payment term Net 15.

Identify two ways to achieve the desired defaulting?

Options:

A. Update Net 15 in procurement options and leave the payment term blank for this supplier header and site level

B. Update Net 15 in procurement options and Net 30 for the supplier site.

C. Set Net 30 for the supplier site and leave the payment term blank in procurement options.

D. Set Net 15 for the supplier site.

Answer: A & D

Answer Explanation:  Either we can Update Net 15 in procurement options and leave the payment term blank for this supplier header and site level or Set Net 15 for the supplier site. In both these two ways we can achieve this business Requirment.

Oracle Fusion Procurement Certification:1Z0-1065-20

Question 113

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 ?

Options:

A. from the 'Configure Requisitioning business function 'Procurement options'

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 Business Unit setup

Answer: B 

Answer Explanation: Bill-to location defaults in purchase order form from the 'Common Payables and Procurement options' first and if it is 'Null' then from 'Supplier site assignment'.

Question 114

Identify two Business Intelligence metrics that help users to compare prices through Oracle Sourcing ?

Options:

A. Price change 

B. Projected savings 

C. PO Price savings 

D. Realized savings 

Answer: A & C

Answer Explanation: Price change & PO Price savings are the two business intelligence metrics that help users to compare prices through oracle sourcing.

Question 115:

The business units in your organization are set up with a Client-Service Provider relationship. Requesters from the requisition(client) business units need to utilize a blanket agreement for automatic creation of purchase orders for their requisitions. Identify the configuration that needs to be used by the buyer who is creating the blanket agreement to be made available to other 'requisitioning business units' for purchases against their requisitions ?

Option's:

A. Enable flag ''Automatically generate orders' in control tab of blanket purchase agreement.

B. Enable flag 'Automatically generate orders' in configure procurement business function for the procurement business unit.

C. Enable flag 'Automatically generate orders' in each client business unit 

D. Enable flag 'Automatically generate orders' in the purchase order when buyer submits it E. Setup Profile Option: 'Automatically generate orders'.

Answer: A

Answer Explanation: We need to enable flag ''Automatically generate orders' in control tab of blanket purchase agreement to make requesters from the requisition(client) business units to utilize a blanket agreement for automatic creation of purchase orders for their requisitions.

Oracle Fusion Procurement Certification:1Z0-1065-20

Question 108

Your customer is a global company and has multiple legal entities across countries:

- Vision China (Legal Entity 1) has a China Distribution Business Unit (BU).

- Vision US (Legal Entity 2) has a US Distribution BU.

They have the following requirements:

1. To make purchases from or sell to the other legal entities using intercompany transaction

2. To automatically determine the sold-to legal entity on a Purchase Order (PO) by using Supply Chain Financial Orchestration (SFO) Identify three application setups in Oracle Procurement Cloud to fulfill these requirements.

Options: -

A. Set up the default procurement business unit for Default Legal Entity in Manage Purchasing Profile Options.

B. Set up the "Multiple Legal Entities on Order" value to "Allow" on the Configure Requisitioning Business Process page.

C. Set up the Default Legal Entity on the Configure Requisitioning Business Process page.

D. Define a primary route on financial orchestration flow to enforce the sold-to-legal entity on a PO.

E. Create Profit Center BU to Party Relationships.

Answer: A, D & E.

Answer Explanation: For the above requirement we need to first set up the default procurement business unit for Default Legal Entity in Manage Purchasing Profile Options, Define a primary route on financial orchestration flow to enforce the sold-to-legal entity on a PO & Create Profit Center BU to Party Relationships.

Oracle Fusion Procurement Certification:1Z0-1065-20

Question 109

During an 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 ?

Options: -

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

B. Enable 'Procurement' pillar and do not assign the tasks to the implementation consultants in FSM.

C. Enable all modules during Configure Offerings and disable the tasks related to unrelated modules

in FSM.

D. Enable tasks related to Supplier Model during Configure Offering.

Answer: A

Answer Explanation: We need to Enable only 'Purchasing' and 'Self Service Procurement' during Configure Offering.

Question 110

Identify two features of the price break functionality provided in Blanket Purchase Agreement (BPA) document types ?

Options:

A. means to provide price discounts

B. condition-dependent reductions in price

C. payment method, which supports multiple-installment payment goods or services

D. change orders affecting pricing of specific lines

E. price increase request from a supplier through the supplier portal

Answer:  B & E

Answer Explanation: Condition-dependent reductions in price & Price increase request from a supplier through the supplier portal

Question 111

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. 

Option's:

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

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

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

D. Sourcing does not support attribute definition. 

Answer: C

Answer 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.

Oracle Fusion Procurement Certification:1Z0-1065-20

Question 103

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 ?

Options:

A. Add Cost Factors for Freight and Insurance.

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

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

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

Answer: A

Answer Explanation: Add Cost Factors for Freight and Insurance.

Oracle Fusion Procurement Certification:1Z0-1065-20

Question 104

Identify two profile options that are required to configure Punch-out Catalogs in Self Service

Procurement ?

Options:

A. PO_DOC_BUILDER_DEFAULT_DOC_TYPE

B. PORT_DISPLAY_EMBEDDED_ANALYTICS

C. PO_DEFAULT_PRC_BU

D. POR_PROXY_SERVER_NAME

E. POR_PROXY_SERVER_PORT

Answer: D & E.

Answer Explanation: POR_PROXY_SERVER_NAME & POR_PROXY_SERVER_PORT are the two profile options that are required to configure the Punch-out Catalogs in Self Service Procurement.

Question 105

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

Option's:

A. Submit supplier registration duty 

B. Supplier Self Service administrator duty 

C. Supplier bidder duty 

D. Supplier Self Service clerk duty 

E. Supplier sales representative duty 

Answer: A 

Answer Explanation: 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.

Question 106

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 ?

Option’s:

A. Requisition Lines Volume Count

B. Requisition Lines in Process Count

C. Requisition Line Aging Count

D. Requisition Aging Count

E. Requisition Lines Cycle Time

Answer: D

Answer: Requisition Aging Count helps to indicates the count of approved requisitions.

Question 107

During Cloud procurement implementation, your customer has a requirement to ensure that

all purchasing document 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 ?

Option’s:

A. The budget must be set up with control level as Advisory.

B. The budget must be set up with control level as Absolute.

C. The budget must be set up with control level as Track.

D. Select the "enforce budget" check box under the Configure Procurement Business Function.

Answer: B 

Answer: The budget must be set up with control level as Absolute.

Oracle Fusion Procurement Certification:1Z0-1065-20

Question 99

While configuring offerings, you had deselected the "Supply Chain Financial Orchestration of

Procurement Flows" check box and had locked the feature. However, because of changes in the

business requirements, you are required to enable the feature.

Identify the prerequisite step to perform this change ?

Option’s:

A. Navigate to the "Select Feature Choices" page of the Procurement Offering and unlock the

feature.

B. Deselect the "Enable for Implementation" check box of the Procurement Offering.

C. Set the implementation status to "In Progress" of the procurement Offering.

D. Change the Provisioned to "No" of the Procurement Offering.

Answer: B

Answer Explanation: to enable this feature again we need to deselect the "Enable for Implementation" check box of the Procurement Offering

Oracle Fusion Procurement Certification:1Z0-1065-20

Question 100

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.) 

Options:

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

B. Create Clauses from the Contracts work area page. 

C. Manage Contract Standard Clauses from Functional Setup Manager. 

D. Import Clauses from the Contracts work area page. 

Answer: C & D 

Answer Explanation: A: You can import clauses from legacy applications 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.

Question 101

In a Procurement 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?

Options: 

A. Enable budgetary control by selecting the business unit in scope using the task Configure

Procurement Business Function.

B. Enable budgetary control by selecting the ledger and business unit by using the task Manage

Budgetary Control.

C. Enable budgetary control by selecting the business unit in scope using the task Configure

Procurement and Payables Options.

D. Enable budgetary control in both the Configure Requisition Business Function and Configure

Procurement Business Function by selecting the business unit in scope.

Answer: C

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

Question 102

During implementation, the transformation maps that are associated with external facing

interfaces must be modified to map the ______. ?

Options:

A. enterprise business object attributes to the fulfillment order line

B. extensible Flexfield attributes to the enterprise business object attributes

C. extensible Flexfield attributes to the fulfillment order line

D. fulfillment order line to the extensible Flexfield attributes

Answer: B

Answer Explanation: Extensible Flexfield attributes to the enterprise business object attributes maps with External facing interfaces of transformation maps.

Oracle Fusion Procurement Certification:1Z0-1065-20

Question 95

Self Service Procurement uses Browsing categories to help users to search for desired items.

Which statement is true?

 

Options:

A. Item catalog/categories are defined via Procurement Content Management, whereas

Browsing categories are defined via Functional Setup Manager.

B. Both Item and Browsing categories can be imported only via ADFDi. There is no front- end Fusion

UI for these.

C. Item catalog/categories are defined via Functional Setup Manager, whereas Browsing categories

are defined via Procurement Content Management.

D. Both Item and Browsing categories can be imported only via the front-end Fusion UI.

 

Answer: C.

Answer Explanation: Item catalog/categories are defined via Functional Setup Manager, whereas Browsing categories are defined via Procurement Content Management.

 

Oracle Fusion Procurement Certification:1Z0-1065-20

Question 96

Which seeded role needs to be associated with the supplier user account so that a suppler can respond to the invited negotiations?

 

Option’s:

A. Supplier Contract Manager

B. Supplier Self Service Administrator

C. Supplier Sales Representative

D. Supplier Bidder

E. Supplier Customer service representative

 

Answer: E

Answer Explanation: Supplier Customer service representative role needs to be associated with the supplier user account so that a suppler can respond to the invited negotiations.

 

Question 97

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.

 

Options:

A. The "Local Catalog administrator BU1" data role is not assigned to the buyer.

B. The "Procurement Catalog Administrator BU1" data role is not assigned to the buyer.

C. The "Manage Catalog content" action is not enabled for the buyer in the Procurement Agent page.

D. The "Catalog Management" business function is not enabled for BU1.

 

 

Answer: A, D

Answer Explanation: Data role for the BU is not assigned for the Buyer User and "Catalog Management" business function is not enabled for BU1.

 

Question 98

You are creating a Purchase Order based on the style 'InFusion Purchasing Style'. While entering a Purchase Order line, you find that the line type named Goods is available but the line type named LINE does not appear. Identify a reason for this behavior ?

 

Options:

A. Display Name for the Purchase Order is not set in the 'Create Document Style' task.

B. The line type LINE is not among the selected line types for the document style 'InFusion Purchasing Style'.

C. The status of the 'InFusion Purchasing Style' is not Active.

D. The Goods check box is not checked for the Purchase Bases field of the Commodities option in the 'Create Document Style' task.

 

 

Answer: A

Answer Explanation:  Display Name for the Purchase Order is not set in the 'Create Document Style' task.

Oracle Fusion Procurement Certification:1Z0-1065-20

Question 91

In which Functional setup Manager task is Next Purchase Order Number set up?

 

Options:

A. Manage Common Options for Payables

B. Configure Procurement Business Function

C. Define a sequence for auto numbering and assign it back in Configure BU numbering setup

D. Configure Requisitioning Business Function

 

Answer: D

Answer Explanation: Configure Requisitioning Business Function is the following task for Purchase Order Number set up.

Oracle Fusion Procurement Certification:1Z0-1065-20

Question 92

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 ?

 

Options:

A. The document type associated with the Contract Template is 'Blanket Purchase

Agreement'.

B. The Contract Template is not 'Approved'.

C. The document type associated with the Contract Template is 'Purchase Order'.

D. The Contract Template is in 'Approved' status.

E. The document type associated with the Contract Template is 'Contract Purchase Agreement'.

 

Answer: B, C & A

Answer Explanation : There are three possible reasons for that , Contract Template should be approved before use. Contract Template document type should not be Purchase Order and the last one Contract Template document type should not be 'Blanket Purchase Agreement'.

 

 

Question 93

Your customer is a global company and has multiple legal entities across countries:

They have the following requirements:

Identify three applicable setups in Oracle Procurement Cloud to fulfill these requirements ?

Option’s:

A. Set up the Default Legal Entity on the Configure Requisitioning Business Process page.

B. Define a primary route on financial orchestration flow to enforce the sold-to legal entity on a PO.

C. Set up the "Multiple Legal Entities on Order" value to "Allow" on the Configure

Requisitioning Business Process page.

D. Create Profit Center BU to Party Relationships.

E. Set up the default procurement business unit for Default Legal Entity in Manage Purchasing Profile Options.

 

Answer: B, D & E.

Answer Explanation: Define a primary route on financial orchestration flow to enforce the sold-to legal entity on a PO then create Profit Center BU to Party Relationships and then set up the default procurement business unit for Default Legal Entity in Manage Purchasing Profile Options.

 

Question 94

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.

Options:

A. initiatives created and owned by VD, internal response by SME, and evaluation by PD

B. initiatives created and owned by VD, internal response by VD, and evaluation by SME

C. initiatives created and owned by VD, internal response by PD, and evaluation by SME

D. initiatives created and owned by VD, internal response and evaluation by SME

 

Answer: A

Answer Explanation: For supplier qualification process to be executed with segregation of duties we have to create first Initiatives and owned by VD, internal response by SME, and evaluation by PD.

Oracle Fusion Procurement Certification:1Z0-1065-20

Question 87

Identify the three business benefits provided by the Manage Approval Rules user interface ?

 

Options:

A. faster ramp-up time to set up approval rules

B. quick information search

C. support for common business requirements to route approvals based on aggregated information

D. minimal dependency on IT group for rules setup

E. ease of ordering items

 

Answer: B, C & E.

Answer Explanation: It provides quick information search & support for common business requirements to route approvals based on aggregated information.

It also helps for ease of ordering items.

 

Oracle Fusion Procurement Certification:1Z0-1065-20

Question 88

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 ?

 

Options:

A. from the 'Configure Requisitioning business function'

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

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

D. from the 'Configure Procurement business function'

E. from the Business Unit setup

 

Answer: D

Answer Explanation: We can default the Bill-to location in purchase orders from the 'Configure Procurement business function'.

 

Question 89

Identify three profile options that are available in the 'Manage Purchasing Profile Options' setup and maintenance task ?

 

Option’s:

A. PO_AGRMT_LOADER_PURGE_DAYS

B. POR_DISPLAY_CATEGORY_ITEM_COUNT

C. PO_DEFAULT_PRC_BU

D. POR_DISPLAY_EBMEDDED_ANALYTICS

E. PO_DOC_BUILDER_DEFAULT_DOC_TYPE

 

Answer: A, C & E

Answer Explanation: PO_AGRMT_LOADER_PURGE_DAYS, PO_DEFAULT_PRC_BU and PO_DOC_BUILDER_DEFAULT_DOC_TYPE are the three profile options that are available in the 'Manage Purchasing Profile Options' setup and maintenance task.

Question 90

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) ?

 

Options:

A. Response Visibility Open

B. Two stage Evaluation

C. Technical and Commercial Evaluation

D. Response Visibility is always Sealed

E. Open Auctions

F. Response Visibility Blind

 

 

Answer: B, C & D

Answer 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 of qualified 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 done independently. 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.