Oracle Fusion Procurement Certification:1Z0-1065-20

Question 39:

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

Options:

A. Purchase Order Header

B. supplier site assignment record of the supplier site in the Requisitioning BU

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

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

Answer: D

Answer Explanation:
Default Ship-to Location (If only Services, the attribute name is Default Work Location)
1. Supplier Site Assignment record in the Requisitioning BU
2. Requisitioning Business Function Configuration of the Requisitioning BU

 

Oracle Fusion Procurement Certification:1Z0-1065-20

Question 40:

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

Identify the setup required to fulfill this requirement?

Options:

A. Select the "Source from consignment" check box and set "Urgent" to "Yes" during requisition creation through self-service.

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

C. Create a consignment agreement with touchless buying options enabled in the Controls tab to automatically generate orders.

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

Answer: A

Answer Explanation: We need to select the "Source from consignment" check box and set "Urgent" to "Yes" during requisition creation through self-service.

How can I create a purchase order for consignment inventory items?

You begin by creating a purchase order with a document style for a consignment order.
Choose your consignment supplier and add the consignment items for this order.
Verify that the items were sourced by a consignment agreement and that Consignment Line is checked on the line. Submit the order for approval.

 

Question 41

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. Incentive Compensation

B. Receiving

C. Invoicing

D. Payments

E. Inventory

F. Purchasing

G. Requisitioning

Answer: B, C, E, F & G

Answer Explanation: Receiving, Invoicing, Inventory, Purchasing & Requisitioning  that must be configured in order to implement a complete Procure-to-Pay business process in Oracle Procurement Cloud

Question 42:

What is required to make data available in Oracle Procurement Cloud Transactional Business Intelligence graphs?

Options:

A. Configure the Extract Transform and Load tool and data will be populated in real time.

B. No need to schedule anything; data will be populated in real time.

C. Schedule ESS jobs to run according to customer requirements.

D. Schedule concurrent requests to run every hour.

Answer: B
Answer Explanation: With Oracle Fusion Transactional Business Intelligence embedded analytics, role-based dashboards, and on-the- fly ad hoc reporting capabilities make data access and interpretation easier than ever before. Users are able to see updates in real-time, and their impact, through embedded analytics. For example, during the compensation budgeting process, a manager is able to see a running tally for reference right on the page.