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Oracle 1z0-1065-22 Oracle Procurement Cloud 2022 Implementation Professional Exam Practice Test

Demo: 23 questions
Total 158 questions

Oracle Procurement Cloud 2022 Implementation Professional Questions and Answers

Question 1

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:

Options:

A.

Requesters cannot receivePurchase Orders

B.

Requesters need to be assigned the Warehouse Manager or Receiver role in order to receive Purchase Orders

C.

Requesters can receive Purchase Orders using Self Service Receiving

D.

Requesters need to be assigned Purchasing Agent role in order to receive Purchase Orders

Question 2

Identify three application standardsequence for thein the Setup and Maintenance task list ‘Define Supplier Configuration’. (Choose three.)

Options:

A.

Manage Requirement Section Lookup

B.

Business Classification Lookup

C.

Minority Group Lookup

D.

Tax Organization Type Lookup

E.

Manage FOB Lookup

F.

Manage Freight Terms Lookup

Question 3

Your customer wants to configure sixBUs: five Requisitioning Bus and one BU configured as a shared Procurement BU with only the Procurement function enabled.

How will you define the relationship between the Requisitioning BUs and the Procurement BU?

Options:

A.

The Procurement BU must be assignedwith the Requisitioning business function in order for it to be a shared services center.

B.

The Procurement BU needs to be configured as a service provider to the Requisitioning BUs.

C.

The Payables business function must be assigned in addition to the Procurement business function.

D.

Intercompany transactions need to be defined between the Requisitioning BUs and the Procurement BU.

Question 4

In Self Service Procurement, a user is not able to search for one of the inventory items. Identify three configuration issues that could be causing this problem.

Options:

A.

The particular item is not part of any Procurement catalog.

B.

The particular item is defined as ‘BOM Enabled’ in PIM.

C.

The particular item is not defined as a ‘Transactable’ item in PIM.

D.

The particular item has not been marked as a ‘Purchased’ item within the Purchasing operational attribute group.

E.

The particular item does not belong to any Purchasing Category.

Question 5

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 OracleProcurement Cloud.

Which Functional Setup Manager task can be used to accomplish these requirements?

Options:

A.

Configure Procurement Business Function

B.

Configure Requisitioning Business Function

C.

Manage Procurement Document Numbering

D.

Manage Common Options for Payables and Procurement

Question 6

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

Options:

A.

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

B.

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

C.

Purchase Order Header

D.

“Requisitioning Business Function Configuration” task of the Requisitioning BU.

Question 7

In an implementation the user would liketo send the ‘External registration’ link to their potential suppliers who will be using the Supplier Portal. Where will the user find this link?

Options:

A.

In Functional Setup Manager, user should navigate to the ‘Configure Procurement Business Function’ task andselect appropriate Business Unit to find this link

B.

Under Supplier Master, the link is available in the menu

C.

In Functional Setup Manager, user should navigate to the ‘Configure Procurement and Payables Options’ task and select appropriate BusinessUnit

D.

The ‘External registration’ link cannot be shared with any potential suppliers

Question 8

Your customer is implementing the full suite of Cloud procurement. They would like to know how best they canutilize the Contract Terms library.

Identify three applications from where users can access the Contract Terms library for setting up “contract terms” for different documents. (Choose three.)

Options:

A.

Supplier Model

B.

Self Service Procurement

C.

Sourcing

D.

Procurement Contracts

E.

Purchasing

Question 9

An automobile parts manufacturer has decided to implement only the Cloud Purchasing product from the Oracle Procurement Cloud pillar. Which setup component will not be required for this implementation?

Options:

A.

Purchasing Line Types

B.

Document Styles

C.

Procurement Business Function

D.

Negotiation template

E.

Procurement Agents

Question 10

Identify the Procurement configuration task that has cross product integration with Supply Chain Management.

Options:

A.

Define Basic Catalog

B.

Define Supplier Configuration

C.

Manage Procurement Agents

D.

Define Corporate Procurement Cards

E.

Define Negotiation Style

Question 11

Identify two activities that a Buying Organization will be able toperform after it provides the Supplier Portal access to Suppliers. (Choose two.)

Options:

A.

Create Negotiation flow internally on behalf ofprospective suppliers.

B.

Import supplier data and related entities.

C.

Consolidate suppliers and supplier sites to clean upduplicate suppliers or support supplier acquisitions.

D.

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

E.

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

Question 12

Identify three seeded ruleset names under Business Process Model (BPM) tasks that have requisition approvals routed in the serial method.

Options:

A.

PreApprovalLineConsensusRules

B.

HeaderHierarchyRules

C.

LineHierarchyRules

D.

DistributionRules

E.

DistributionHierarchyRules

F.

DistributionConsensusRules

Question 13

Oracle Cloud applications provide a set of predefined JobRoles which can be assigned to users for performing specific activities/operations. Identify the two job roles that can be defined for Cloud Procurement users?

Options:

A.

Sourcing Project Collaborator

B.

Procurement Agent

C.

Procurement Contracts Administrator

D.

Procurement Administrator

Question 14

During Cloud procurement implementation, your customer has a requirement to ensure that all purchasing documents must go through budgetary control and the purchasing transaction must be stoppedfrom processing if the funds are unavailable.

Identify the configuration required to achieve this requirement.

Options:

A.

Select the “enforce budget” check box under the Configure Procurement Business Function

B.

The budget must be set up with control level asAdvisory.

C.

The budget must be set up with control level as Track.

D.

The budget must be set up with control level as Absolute.

Question 15

A customerwants to be able to see the recoverable and non recoverable components of inclusive taxes in addition to existing exclusive taxes on purchase orders.

In the Manage Configuration Owner Tax task, which option can achieve this?

Options:

A.

Enable the Supplier Inclusive Tax for Calculated Tax option, for purchase orders.

B.

Enable the Allow Supplier Tax Variance Calculated Tax option for purchase orders.

C.

Enable the Inclusive Treatment for Calculated Tax option for purchase orders.

D.

Enable the Enforce Calculated Tax from Reference Document option for purchase orders.

E.

Enable the Exclusive Treatment for Calculated Tax option for purchase orders.

Question 16

While creating a Purchase Order, you observe that the system is defaulting Net 30 as the payment term instead of the intended payment term Net 15.

Identify two ways to achieve the desired defaulting. (Choose two.)

Options:

A.

Set Net 15 for the supplier site.

B.

Set Net 30 for the supplier site and leave the payment term blank in procurement options.

C.

Update Net 15 in procurement options and leave the payment term blank for this supplier at all levels.

D.

Update Net 15 in procurement options andNet 30 for the supplier site.

Question 17

Purchasing document descriptive flexfields and value sets provide a way of capturing additional information for display and reporting.

What three purchasing documents can make use of descriptive flexfields?(Choose three.)

Options:

A.

Document Types

B.

Approved Supplier List Entries

C.

Blanket Purchase Agreements

D.

Requisitions

E.

Supplier Qualifications

Question 18

Your customer is using Cloud Supplier Qualification Management and Procurement Sourcing.

Whatthree actions can the category manager take within a negotiation to solicit additional information from suppliers or internal users? (Choose three.)

Options:

A.

Solicit information in your negotiation that in in addition to negotiation lines.

B.

Copy Supplier Qualification Questions in the negotiation as a requirement.

C.

Copy the Supplier Qualification Area and use it as a requirement section.

D.

Create reusable Supplier Qualification questions directly in the negotiation.

Question 19

Identify two profile options that are required to configure PunchoutCatalogs in Self Service Procurement. (Choose two.)

Options:

A.

POR_PROXY_SERVER_NAME

B.

PO_DEFAULT_PRC_BU

C.

POR_DISPLAY_EMBEDDED_ANALYTICS

D.

PO_DOC_BUILDER_DEFAULT_DOC_TYPE

E.

POR_PROXY_SERVER_PORT

Question 20

Which areas are part of the streamlined procure-to-pay process inOracle Procurement Cloud?

Options:

A.

Pay, Supplier, Requisition

B.

Pay, Catalog, Purchase

C.

Pay, Supplier, Purchase

D.

Pay, Requisition, Purchase

E.

Pay, Catalog, Requisition

Question 21

In Setup and Maintenance within the Setup page, you can export tasks to a CSV file. Which two are reasons to use this feature?

Options:

A.

Entering data through the setup page is cumbersome.

B.

Data comparison between two sources of setup data.

C.

Manage setup data entry in bulk.

D.

Copy the setup to create a new business unit.

E.

Review import offering data history.

Question 22

You define a payment term Net 30 in the “Define Payment Terms” task. While configuring a supplier, you try to assign the payment term Net 30 to a supplier site but the list of values (LOV) is empty.

Options:

A.

The supplier site is inactive.

B.

The data set containing the payment term Net 30 is not assigned to the procurement BU.

C.

The payment term Net 30 is not active.

D.

The payment term Net 30 is not defined at procurement options.

Question 23

Your category manager wants to have the ability to conduct forward auctions in the Sourcing Cloud to liquidate excess inventory.

What feature should be enabled to allow this?

Options:

A.

Manage Seller Negotiations

B.

Sourcing Programs

C.

Consolidate Negotiation Lines on Purchase Order

D.

Define Default Line Attributes in Negotiations

E.

CaptureForward Auction Negotiations

Demo: 23 questions
Total 158 questions