Oracle Fusion Procurement Certification:1Z0-1065-20

Question 35:

You can communicate your purchase orders and agreements along with any amendments, attachments, contract terms, and contractual deliverables to suppliers using print, fax, or e-mail.

What is the difference between Prospective and Spend authorized suppliers?

Options:

A. Prospective suppliers can participate in Sourcing activities only, whereas Spend authorized suppliers can participate in all Procure-to-Pay activities.

B. Prospective suppliers are limited to sourcing and qualification activities, whereas Spend authorized suppliers are limited to purchase orders and agreements.

C. Prospective suppliers are limited to purchase orders, whereas both purchase order and agreement can be created for Spend authorized suppliers.

D. Prospective suppliers are suggested by internal users, whereas Spend authorized suppliers are registered externally.

Answer: B
Answer Explanation: Prospective suppliers have a restricted level of access. They can participate in supplier qualification initiatives, and they can view and respond to negotiations.
Prospective suppliers are identified within the application by an icon that indicates their prospective status.

 

Oracle Fusion Procurement Certification:1Z0-1065-20

Question 36:

During implementation, the transformation maps that are associated with external facing interfaces must be modified to map the _____.

Options:

A. extensible flexfield attributes to the enterprise business object attributes

B. extensible flexfield attributes to the fulfillment order line

C. enterprise business object attributes to the fulfillment order line

D. fulfillment order line to the extensible flexfield attributes

Answer: A

Answer Explanation: NA

Question 37:

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.

Options:

A. Funds are available but the approver is not set up as "Budget Manager" for the selected budget for the business unit.

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

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

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

Answer: C

Answer Explanation: 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.

 

Question 38:

An organization has been receiving incomplete Supplier Profile Data during the supplier onboarding and qualification process.
Identify the way to ensure that the required Supplier Profile data is entered by a supplier during the qualification process ?

Options:

A. Create an initiative with questions mapped to supplier attributes.

B. Create an initiative with questions classified by Subject.

C. Create an initiative with questions classified by Standards Organization.

D. Create an initiative with questions Responder Type is internal.

Answer: A

Answer Explanation: Create an initiative with questions mapped to supplier attributes which will help to ensure that the required Supplier Profile data is entered by a supplier during the qualification process.