1Z1-1065 by Oracle Actual Free Exam Q&As

Question 1

In the Enterprise Structures setup, which functional area includes tasks to implement Business Units and Inventory Organizations?

A. Procurement Foundation B. Enterprise Profile C. Organization Structures D. Legal Structures

Discussion 0

Correct Answer: D Vote an answer

Question 2

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

A. Pay, Supplier, Requisition B. Pay, Requisition, Purchase C. Pay, Catalog, Requisition D. Pay, Supplier, Purchase E. Pay, Catalog, Purchase

Discussion 0

Correct Answer: B Vote an answer

Question 3

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.

A. Set up one approval group and include the four department users with voting regime as consensus. B. Set up employee supervisor hierarchy for all four department users and add them to an approval group. 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 first responder wins.

Discussion 0

Correct Answer: A Vote an answer

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Question 4

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.)

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 and Net 30 for the supplier site.

Discussion 0

Correct Answer: A,B Vote an answer

Question 5

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 - Procure to Pay Real Time B. Procurement - Requisitions Real Time C. Procurement - Spend D. Procurement - Purchasing Real Time

Discussion 0

Correct Answer: A Vote an answer

Question 6

In negotiations you need to add a colleague to a scoring team, but they are not available.
Which two are valid issues that are causing this? (Choose two.)

A. The person has already been added to a requirement section in a scoring team. B. The person has already been added to a scoring team. C. The person has not been added to the collaboration team. D. The person has already been added to the collaboration team. E. The person has been added to have view access.

Discussion 0

Correct Answer: C,E Vote an answer

Question 7

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.

A. The supplier site is inactive. B. The payment term Net 30 is not defined at procurement options. C. The data set containing the payment term Net 30 is not assigned to the procurement BU. D. The payment term Net 30 is not active.

Discussion 0

Correct Answer: C Vote an answer

Question 8

Your customer frequently orders a specific item from a selected list of suppliers. Some of the suppliers provide the item at a negotiated price, whereas other suppliers change the price throughout the year.
How should you set up this item in Oracle Procurement Cloud to address both requirements?

A. Create a Planned Purchase Order for the fixed price supplier and do not create any kind of agreement for the varied price supplier. B. Create a Contract Purchase Agreement for the fixed price supplier and a Blanket Purchase Agreement for the varied price supplier. C. Create a Blanket Purchase Agreement for the negotiated price supplier and a Contract Purchase Agreement for the varied price supplier. D. Create a Contract Purchase Agreement for the varied price supplier and do not create any kind of agreement for the fixed price supplier.

Discussion 0

Correct Answer: C Vote an answer

Question 9

Self Service Procurement uses Browsing categories to help users to search for desired items. Which statement is true?

A. Item catalog/categories are defined via Functional Setup Manager, whereas Browsing categories are defined via Procurement Content Management. B. Both Item and Browsing categories can be imported only via ADFDi. There is no front-end Fusion UI for these. C. Item catalog/categories are defined via Procurement Content Management, whereas Browsing categories are defined via Functional Setup Manager. D. Both Item and Browsing categories can be imported only via the front-end Fusion UI.

Discussion 0

Correct Answer: A Vote an answer

Question 10

Identify three profile options that are available in the 'Manage Purchasing Profile Options' setup and maintenance task.

A. PO_AGRMT_LOADER_PURGE_DAYS B. PO_DEFAULT_PRC_BU C. POR_DISPLAY_CATEGORY_ITEM_COUNT D. PO_DOC_BUILDER_DEFAULT_DOC_TYPE E. POR_DISPLAY_EBMEDDED_ANALYTICS

Discussion 0

Correct Answer: A,B,D Vote an answer

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Oracle Procurement Cloud 2019 Implementation Essentials - 1Z1-1065 Exam Practice Test