Oracle Fusion Procurement Certification:1Z0-1065-20

Question 11:

You are creating a purchase order based on the style “Cloud 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) The Goods check box is not checked for the purchase Bases field of the Commodities option in the ‘Create Document Style’ task.

b) The Line type LINE is not among the selected line types for the document style ‘Cloud Purchasing Style’.

c) Display name for the purchase order is not set in the ‘Create Document Style’ task.

d) The status of the ‘Cloud purchasing Style’ is not active

Answer: B

Answer Explanation: The Line type LINE is not among the selected line types for the document style ‘Cloud Purchasing Style’.

Oracle Fusion Procurement Certification:1Z0-1065-20

Question 12:

Your customer has a requirement that whenever an employee who is an approver of documents like blanket agreements or purchase order goes on vacation, the administrator should be able to provide an alternate approval route for the documents being submitted by the employee's subordinates. Identify the rule which is required to be setup to achieve this: 

Options:

A. Re-assign the approval task by providing alternate id of a new approver 

B. Substitute rule in 'document approval' task 

C. Document approval 

D. Modified rule in 'document approval' task

Answer: B

Answer Explanation: We need Substitute rule in 'document approval' task  to achieve this.

 

Question 13:

During a Procurement Contract implementation, a customer would like to set up approvals for procurement contract documents. The customer has four departments and any contract needs to be approved by all the four department users. Identify the configuration to fulfill this requirement ?

Options:

A. Set up employee supervisor hierarchy for all four department users and add them to an approval group. 

B. Set up one approval group and include the four department users with voting regime as first responder wins. 

C. Set up user group for the four departments and set up individual rules for the four department users. D. Set up one approval group and include the four department users with voting regime as consensus.

Answer: D

Answer Explanation: Preapproval Header Consensus Approvals are routed in parallel for this participant. This participant is more commonly used in conjunction with approval groups. This participant requires approval from all approvers.

 

Question 14:

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