Oracle Fusion Procurement Certification:1Z0-1065-20

Question 1

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? 

Options:

A. Train the buyers to navigate to 'Functional Setup Manager' to access the reports 

B. Ask the buyer to run Scheduled Process to run the OTBI reports for Purchasing 

C. Train the users to navigate to Business Intelligence applications to access the reports 

D. Enable the OTBI reports in Purchasing work area 

Answer: D

Answer Explanation: We need to enable the OTBI reports in Purchasing work area to provide them easy access to Purchasing related OTBI reports.

Oracle Fusion Procurement Certification:1Z0-1065-20

Question 2:

Which statement is true regarding terms and conditions? 

Options:

A. Terms and conditions are not seeded with Oracle Purchasing Cloud and are only seeded with Oracle Sourcing Cloud 

B. Terms and conditions are not seeded with either Oracle Sourcing Cloud or Oracle Purchasing Cloud. C. Terms and conditions are seeded with both Oracle Sourcing Cloud and Oracle Purchasing Cloud. 

D. Terms and conditions are not seeded with Oracle Sourcing Cloud and are only seeded with Oracle Purchasing Cloud.

Answer: C

Answer Explanation: Terms and conditions are seeded with both Oracle Sourcing Cloud and Oracle Purchasing Cloud.

Question 3:

Your customer requires that a consignment order should automatically get created whenever a self-service requester creates a purchase requisition.

Options:

A.We need to find out the setup steps to meet this Requirment.

A.    B. Select the “source from consignment” check box and set “urgent” to “yes” during requisition creation  through self-service.

B.    C. Enable all the requisition line items to be sourced from the consignment sources.

C.    D. create a consignment agreement with touchless buying options in the control tab to automatically generate orders.

D.     E. Assign all the requisition line to the consignment buyer.

Answer: A

Answer Explanation: To create a consignment automatically , we need to find out the setup steps to meet this Requirment.

Question 4

A customer wants to be able to see the recoverable and non-recoverable components of inclusive taxes in addition to existing exclusive taxes on purchase orders.

In the manage Configuration owner tax tasks, which option can achieve this?

Options:

a. Enable the exclusive treatment for calculated tax option for purchase orders.

b. Enable the supplier inclusive tax for calculated tax option, for purchase orders.

c. Enable the allow supplier tax variance calculated tax option for purchase order.

d. Enable the enforce calculated tax from reference document option for purchase order.

e. Enable the exclusive treatment for calculated tax option for purchase order.

Answer: E

Answer Explanation: Enable the exclusive treatment for calculated tax option for purchase order to see the recoverable and non-recoverable components of inclusive taxes in addition to existing exclusive taxes on purchase orders.

Question 5:-

Identify two control options that are enabled when a buyer selects the ‘group requisition lines’ field while creating a blanket purchase agreement. (2 Values need to select).

Options:

a) Use need by date

b) Use ship to organization and location

c) Group requisition

d) Apply price update to existing orders.

e) Automatically submit for approval

Answer: A & B 

Answer Explanation: Use need by date & Use ship to organization and location , we need to enable the when a buyer selects the ‘group requisition lines’ field while creating a blanket purchase agreement.

Oracle Fusion Procurement Certification:1Z0-1065-20

Question 6:

Identify three profile options that are used to configure the self-service procurement ?

Options:

a) POR_SEARCH_RESULTS_SKIN

b) POR_DISPLAY_EMBEDDED_ANALYTICS

c) PO_DOC_BUILDER_DEFAULT_DOC_TYPE

d) PO_PRC_AGENT_CATEGORY_ASSIGNMENT

e) POR_DISPLAY_CATEGORY_ITEM_COUNT

Answer: B, C & D

Answer Explanation: POR_DISPLAY_EMBEDDED_ANALYTICS, PO_DOC_BUILDER_DEFAULT_DOC_TYPE & PO_PRC_AGENT_CATEGORY_ASSIGNMENT are the three profile options that are used to configure the self-service procurement.