Oracle Fusion Procurement Certification:1Z0-1065-20

Question 123

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 ?

Option's:

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

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

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

D. Funds are available, but the approver is not set up as "Budget Manager" for the selected budget for

the business unit.

Answer: A

Answer Explanation: Funds are insufficient and budget type is "Absolute".

Oracle Fusion Procurement Certification:1Z0-1065-20

Question 124

You have defined your negotiation style and named it 'ABC negotiation style'.

Subsequently, you try to add collaboration team members on a negotiation that is based on the 'ABC

negotiation style' and find that the 'Collaboration Team' field is disabled. 

Identify the cause ?

Options:

A. Cost factors are not set up for negotiations for participants, causing no collaboration to negotiate

cost.

B. The 'Collaboration Team' checkbox is unchecked in the style.

C. The 'Requirements and Instructions' checkbox is unchecked in the style.

D. Online collaboration is visible only to the Requisition Preparer.

Answer: D

Answer Explanation: Online collaboration is visible only to the Requisition Preparer.

Question 125

Your customer wants to change the Need-by-Date of an open Purchase Order. To make this

change, a Change Order is initiated by the customer and the request is now being reviewed by the

supplier. 

What will be the status of the Purchase Order and the Change Order in the system?

Option's:

A. Purchase Order: Open; Change Order: Open

B. Purchase Order: Open; Change Order: Pending Supplier Acknowledgement

C. Purchase Order: Pending Supplier Acknowledgement; Change Order: Pending Supplier

Acknowledgement

D. Purchase Order: Pending Supplier Acknowledgement; Change Order: Open

E. Purchase Order: Open; Change Order: New

Answer: B

Answer: Purchase Order: Open; Change Order: Pending Supplier Acknowledgement

Question 126

Identify two fields whose tolerance levels are ignored when data is entered while creating

receipts using Enforce Blind Receiving ?

Option's:

A. Receiving Quantity

B. Way bill

C. UOM

D. Receiving Date

E. Packing Slip

Answer: A & D

Answer Explanation: Enforce Blind Receiving does not consider the tolerance levels of Receiving Quantity & Receiving Date.