[Dec-2021 Newly Released] 1Z0-1065-20 Dumps for Oracle Procurement Cloud Certified
Updated Verified 1Z0-1065-20 dumps Q&As - 100% Pass
NEW QUESTION 53
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.
- A. Funds are insufficient and budget type is "Absolute".
- B. Funds are available but the approver is not set up as "Budget Manager" for the selected budget for the business unit.
- C. Funds are insufficient and budget type is "Advisory".
- D. Funds are insufficient and budget type is "Track".
Answer: A
Explanation:
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.
References:https://docs.oracle.com/cd/E18727_01/doc.121/e13567/T237204T237227.htm
NEW QUESTION 54
Identify the Three entities from which a Negotiation can be created
- A. Purchase Order Lines
- B. Outcome of another Negotiations
- C. Requisition Lines
- D. Expiring Blanket Purchase Agreement
- E. Supplier Registration Request
Answer: B,C,D
NEW QUESTION 55
Your customer wants to use the Negotiations Online message functionality to interact with suppliers participating in a negotiation.
Identify three features of the Negotiation Online message functionality.
- A. Suppliers can raise clarifications for an auction online and you can respondwith answers online.
- B. You can add attachments in the message.
- C. You can do online chatting.
- D. You can send SMS to suppliers.
- E. The online messages will be retained for future reference and audit trail.
Answer: A,B,E
Explanation:
Explanation
C: TheAttachments Flag is a flag that indicates the presence of an attachment that can be downloaded online.
E:The Category Manager may receive inquiries from a supplier asking for clarification about a negotiation requirement or line attribute. The Category Manger pauses the negotiation while she is conducting a discussion with the supplier.
References:https://docs.oracle.com/cd/E56614_01/procurementop_gs/OAPRC/F1007481AN23290.htm#F10074
https://docs.oracle.com/en/cloud/saas/procurement/20a/oaprc/manage-supplier-negotiations.html#OAPRC12133
NEW QUESTION 56
Which option would the application first look at to default the Location field in the Purchase Order Line?
- A. BU assignment record of the source agreement that corresponds to the Requisitioning BU
- B. Supplier site assignment record of the supplier site in the Requisitioning BU.
- C. Purchase Order Header
- D. "Requisitioning Business Function Configuration" task of the Requisitioning BU.
Answer: C
Explanation:
Explanation
Location
* Header
* BU assignment record of the source agreement corresponding to the Requisitioning BU
* Supplier Site Assignment record of the supplier site in the Requisitioning BU
* Requisitioning Business Function Configuration of the Requisitioning BU
NEW QUESTION 57
During a Procurement Contract implementation, a customer would like to set up their own line type for buying services. They intend to use this line type for negotiating terms for future purchase of services and do not have a defined scope of work.
Identify the source that the customer needs to select while creating the line type to meet this requirement.
- A. Item, buy
- B. Free form, buy agreement
- C. Item, buy agreement
- D. Free form, buy
Answer: B
Explanation:
Explanation
Item, buy --> Line representing the purchase of an item. Item, buy agreement -->Line representing the negotiated terms for future purchase of an item. Free-form, buy--> Line representing the purchase of services defined by a scope of work. Free-form, buy agreement -->Line representing the negotiated terms for future purchase of services.
NEW QUESTION 58
The business units in your organization are set up with a Client-Service Provider relationship. Requesters from the requisition(client) business units need to utilize a blanket agreement for automatic creation of purchase orders for their requisitions. Identify the configuration that needs to be used by the buyer who is creating the blanket agreement to be made available to other 'requisitioning business units' for purchases against their requisitions
- A. Enable flag 'Automatically generate orders' in the purchase order when buyer submits it
- B. Enable flag 'Automatically generate orders' in each client business unit
- C. Setup Profile Option: 'Automatically generate orders'
- D. Enable flag 'Automatically generate orders' in configure procurement business function for the procurement business unit
- E. Enable flag ''Automatically generate orders' in control tab of blanket purchase agreement
Answer: E
NEW QUESTION 59
An organization wants to establish a supplier onboarding process with qualification and evaluation. Only qualified suppliers should be eligible to supply their goods and service.
How do you model this requirement using external supplier registration and supplier qualification management?
- A. External Supplier registration-Prospective > Initiative > Supplier Response > Qualification Evaluation > Promoted as spend authorized
- B. External Supplier registration-Spend Authorized > Supplier Response > Qualification Evaluation > Initiative
- C. External Supplier registration-Spend Authorized > Initiative > Supplier Response > Qualification Evaluation > Promoted as spend authorized
- D. External Supplier registration-Prospective > Supplier Response > Promoted as spend authorized > Qualification Evaluation
Answer: A
Explanation:
Explanation
You can choose to register the new supplier as a prospective supplier or a spend authorized.
If you register the company as a prospective supplier, the supplier can participate as soon as its registration is approved. A prospective supplier can receive invitations, view a negotiation and respond. You can award the supplier business, but you cannot issue a purchase document for the supplier until it is approved for conducting financial transactions with your buying organization.
NEW QUESTION 60
As a Supplier Qualification administrator, you have asked the suppliers to provide details of Product and services offered by them by logging in to the Supplier Portal. How will you configure so that the external supplier users can provide feedback on their Product and Services?
- A. Configure an open question so that supplier can enter Product and Services offered by them
- B. Configure a question with attribute as 'Product and Services' and ask the supplier user to attach the details while answering the question
- C. Configure a question and ask the supplier to enter text against the selected Product and Service from Supplier Master
- D. Configure a question and list all the Product and services and ask the supplier to respond by entering details
Answer: B
NEW QUESTION 61
You defined an Approved Supplier List (ASL) with a Blanket Purchase Agreement (BPA) for requisitions.
After you submit a requisition with the BPA as a source document, you found an approved requisition and automatically created PO (Purchase Order). However, the status of this PO was confirmed as "Incomplete" instead of "Open" as expected.
Identify two causes for this behavior. (Choose two.)
- A. The "Allow Purchase Order Approval" check box is deselected in the Manage Approved Supplier List Status, which assigned ASL's status.
- B. The "Approval required for buyer modified lines" check box is deselected in the Configure Requisitioning Business Function.
- C. The "Automatically submit for approval" check box is deselected in the BPA that was referenced from the requisition.
- D. The "Enable negotiation approval" check box is deselected in the Configure Procurement Business Function.
Answer: B,C
NEW QUESTION 62
In Oracle Transactional Business Intelligence (OTBI), which subject area should you use to report on spend for purchase orders and their associated requisitions?
- A. Procurement - Requisitions Real Time
- B. Procurement - Spend
- C. Procurement - Purchasing Real Time
- D. Procurement - Procure to Pay Real Time
Answer: D
NEW QUESTION 63
Your customer has three Business Units, of which two are requisitioning Business Units and one is a Procurement Business Unit . They want to define each document number based on document type and business unit combination in Oracle Procurement Cloud.
Which Functional Setup Manager task can be used to accomplish these requirements? (Choose the best answer.)
- A. Manage Common Options for Payables and Procurement
- B. Configure Requisitioning Business Function
- C. Configure Procurement Business Function
- D. Manage Procurement Document Numbering
Answer: D
NEW QUESTION 64
Identify the Duty role that you need to associate with the Job role to enable the "new supplier request" functionality.
- A. Supplier Self Service administrator duty
- B. Supplier bidder duty
- C. Submit supplier registration duty
- D. Supplier sales representative duty
- E. Supplier Self Service clerk duty
Answer: C
Explanation:
Explanation
Only registration requests in pending approval status can be edited. The user must be the current approver and have Supplier Registration Management Duty (Edit Supplier Registration Request privilege), or Supplier Profile Management Duty (Access Supplier Workarea Overview privilege) to edit the registration.
https://learn.oracle.com/ols/course/prepare-for-procurement-cloud-implementation-2020-certification/46356/790
NEW QUESTION 65
What is the difference between Prospective and Spend authorized suppliers?
- 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 suggested by internal users, whereas Spend authorized suppliers are registered externally.
- 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 limited to sourcing and qualification activities, whereas Spend authorized suppliers are limited to purchase orders and agreements.
Answer: A
Explanation:
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.
If the category manager decides to award business to a prospective supplier who responded to a negotiation, that supplier will need to be authorized in the application to conduct spend transactions with the buying organization before a purchase document can be created for that supplier. Spend authorization requires a more complete level of information about the supplier and is subject to approval by the supplier manager. Once the supplier is approved for spend operations, they have access to all the normal capabilities of the application.
References: Oracle Procurement Cloud Using Procurement (Release 9), page 239
NEW QUESTION 66
What are the three different types of category hierarchies available within Oracle Procurement Cloud?
- A. Catalog Category Hierarchy
- B. Purchasing Catalog Hierarchy
- C. Procurement Category Hierarchy
- D. Item Category Hierarchy
- E. Supplier Products and Services Hierarchy
Answer: A,C,E
NEW QUESTION 67
An organization has initiated a campaign for energy conservation and wants all its suppliers to declare their carbon emissions. The Qualification manager is asked to create an initiative to collect the information and the certificates from suppliers.
Identify the method to create a qualification area without any defined outcome for this requirement.
- A. Create questions. Create and add the questions to a qualification area and select the "Information only" check box.
- B. Create questions, but do not select "Response required". Create and add questions to a qualification area, but do not select the "Information only" check box.
- C. Create questions, but do not select the "Response required" and "Critical question". Create and add question to a qualification area.
- D. Create questions. Create and add the questions to a qualification area, but do not select the "Information only" check box.
Answer: A
Explanation:
Explanation
An information only area does not have any outcome.
References: Oracle Procurement Cloud Using Procurement (Release 9) , page 58
NEW QUESTION 68
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:
- A. Modified rule in 'document approval' task
- B. Re-assign the approval task by providing alternate id of a new approver
- C. Document approval
- D. Substitute rule in 'document approval' task
Answer: D
NEW QUESTION 69
Identify three profile options that are available in the 'Manage Purchasing Profile Options' setup and maintenance task.
- A. POR_DISPLAY_EBMEDDED_ANALYTICS
- B. PO_DOC_BUILDER_DEFAULT_DOC_TYPE
- C. PO_AGRMT_LOADER_PURGE_DAYS
- D. POR_DISPLAY_CATEGORY_ITEM_COUNT
- E. PO_DEFAULT_PRC_BU
Answer: B,C,E
NEW QUESTION 70
In Self Service Procurement, a user is not able to search for the Inventory Item "Play Station 4". Identify three configuration issues that could be causing this problem.
- A. The "Play Station4" Item is not part of any Procurement catalog.
- B. The "Play Station4" Item has not been marked as a "Purchased" item within the Purchasing operational attribute group.
- C. "Play Station4" is not defined as a "Transact able" item in PIM.
- D. The "Play Station4" Item does not belong to any Purchasing Category.
- E. "Play Station4" is defined as "BOM Enabled" in PIM.
Answer: A,B,E
NEW QUESTION 71
Identify the three business benefits provided by the Manage Approval Rules user interface.
- A. quick information search
- B. minimal dependency on IT group for rules setup
- C. support for common business requirements to route approvals based on aggregated information
- D. ease of ordering items
- E. faster ramp-up time to set up approval rules
Answer: A,C,D
NEW QUESTION 72
During a Cloud Procurement implementation, your customer has asked you to set up document numbering for purchasing documents. Where do you setup the Next Purchase Order Number in Cloud Procurement Applications?
- A. Configure Procurement Business Function
- B. Manage Common Options for Payables and Procurement
- C. Configure Requisitioning Business Function
- D. Configure Procurement Business Functions
Answer: A
NEW QUESTION 73
Which statement is true regarding terms and conditions?
- A. Terms and conditions are not seeded with either Oracle Sourcing Cloud or Oracle Purchasing Cloud.
- B. Terms and conditions are not seeded with Oracle Sourcing Cloud and are only seeded with Oracle Purchasing Cloud.
- C. Terms and conditions are not seeded with Oracle Purchasing Cloud and are only seeded with Oracle Sourcing Cloud
- D. Terms and conditions are seeded with both Oracle Sourcing Cloud and Oracle Purchasing Cloud.
Answer: D
NEW QUESTION 74
In an implementation, the Purchase Requisition users are requesting that they want to receive the purchase orders created for their requisitions. Identify the correct functionality related to this requirement in Cloud Procurement:
- A. Requesters need to be assigned the Warehouse Manager or Receiver role in order to receive Purchase Orders
- B. Requesters can receive Purchase Orders using Self Service Receiving
- C. Requesters need to be assigned Purchasing Agent role in order to receive Purchase Orders
- D. Requesters cannot receive Purchase Orders
Answer: B
NEW QUESTION 75
During an Oracle Procurement Cloud implementation, you have been asked to provide View access to all purchasing documents to all buyers in Procurement Business Unit A. What will you do to configure this change?
- A. Update each buyer's access using "Manage Procurement Agent" for procurement Business Unit A.
- B. Define all buyers as employees in procurement Business Unit A.
- C. Configure a new document style and assign it to each buyer in "Manage Procurement Agent."
- D. Modify "Configure Procurement Business Function" for procurement Business Unit A and provide access to all buyers.
Answer: A
NEW QUESTION 76
Identify two profile options that are required to configure Punchout Catalogs in Self Service Procurement.
(Choose two.)
- A. POR_PROXY_SERVER_PORT
- B. PO_DOC_BUILDER_DEFAULT_DOC_TYPE
- C. PO_DEFAULT_PRC_BU
- D. POR_PROXY_SERVER_NAME
- E. POR_DISPLAY_EMBEDDED_ANALYTICS
Answer: A,D
Explanation:
Explanation
POR_PROXY_SERVER_NAME and POR_PROXY_SERVER_PORT profile needs to be configured if Oracle is connecting to external or transparent punchout.
NEW QUESTION 77
For Payables and Procurement, what three common controls and default values need to be set for each business unit? (Choose three.)
- A. Buyer Assignment
- B. Expense Accruals
- C. Currency Conversion
- D. Collaboration Messaging
- E. Automatic Offsets
Answer: B,C,E
NEW QUESTION 78
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