Oracle Fusion Procurement Certification:1Z0-1065-20

Question 7

During an Oracle Procurement cloud implementations, you have been asked to provide view access to all purchasing documents to all buyers in procurement business unit?

Options:

a) Update each buyers access using ‘Manage Procurement Agent’ for procurement business unit A

b) What will you do to configure this change.

c) Define all buyers as employees in procurement business unit A.

d) Configure a new document style and assign It to each buyer in ‘Manage procurement agent’

e) Modify “Configure Procurement Business Function “for procurement Business Unit A and access to all buyers.

Answer: E

Answer Explanation: Modify “Configure Procurement Business Function “for procurement Business Unit A and access to all buyers.

Oracle Fusion Procurement Certification:1Z0-1065-20

Question 8:

Which are the two activities that a buying organization will be able to perform after it provides the supplier portal access to supplier (Select two).

Options:

a) Create negotiation flow internally on behalf of prospective suppliers.

b) Import supplier data and related entities.

c) Collect information about prospective suppliers through a self-guided registration flow.

d) Evaluate prospective suppliers by routing their registrations through a collaborative review process by using a flexible rules engine.

e) Consolidate supplier and supplier sites to clean up duplicate  suppliers or support supplier acquisition’s.

Answer: C & D

Answer Explanation: Collect information about prospective suppliers through a self-guided registration flow & Evaluate prospective suppliers by routing their registrations through a collaborative review process by using a flexible rules engine.

Question 9:

While creating a contract purchase agreement, a buyer tries to add a contract template to it, but the list of values (LOV) is empty.

Find out the three potentials reasons for this issue.

Options:

a) The document type associated with the contract template is ‘Purchase Order’.

b) The document type associated with the contract template is ‘Contract Purchase Agreement’..

c) The contract template is in ‘approved’ status.

d) The document type associated with the contract template is ‘Blanket Purchase Agreement’.

e) The contract templated is not ‘Approved’.

f) The document type associated with the contract template is ‘Contract Purchase Agreement’.

Answer: A, D & E

Answer Explanation: The document type associated with the contract template is ‘Purchase Order’ , The document type associated with the contract template is ‘Blanket Purchase Agreement’ an the contract templated is not ‘Approved’.

Question 10:

In Oracle Transaction business Intelligence (OTBI), Which subject area should you use to report on spend for purchase orders and their associated requisitions?

Options:

a) Procurement- Spend.

b) Procurement- Requisitions real time.

c) Procurement- Purchasing real time.

d) Procurement- Procure to Pay real time.

Answer: D

Answer Explanation: Procurement- Procure to Pay real time subject area we need to use to report on spend for purchase orders and their associated requisitions.