[Jan-2022] Valid Way To Pass Oracle Exam Dumps with 1Z0-1065-20 Exam Study Guide
All 1Z0-1065-20 Dumps and Oracle Procurement Cloud 2020 Implementation Essentials Training Courses Help candidates to study and pass the Exams hassle-free!
Certification Path for Oracle Procurement Cloud 2020 Implementation Essentials
Oracle Procurement Cloud 2020 Implementation Essentials is a fundamental exam. Successful completion by candidates will allow them to achieve Planning Cloud 2020 Certified Implementation Specialist status.
NEW QUESTION 62
Your customer tells you that when they cancel a Purchase Order, the requisition referring to that Purchase Order should also be automatically canceled. Identify the setup that needs to be performed to fulfill this requirement.
- A. In the "Configure Requisitioning Business Function" task, select the "Create orders immediately after requisitioning import" checkbox.
- B. In the "Configure Requisitioning Business Function" task, set the "Cancel Backing Requisitions" value to Always.
- C. In the "Configure Requisitioning Business Function" task, set the "Cancel Backing Requisitions" value to Never.
- D. Automatic cancellation of requisition is not possible. Therefore, the customer must manually cancel the requisition after cancelling the Purchase Order.
- E. In the "Configure Procurement Business Function" task, select the "Allow Item Description Update" check box.
Answer: B
Explanation:
Explanation
Cancel Backing Requisitions controls whether a backing requisition should be canceled when there is purchase order cancellation.
References:https://docs.oracle.com/cd/E56614_01/procurementop_gs/OAPRO/F1061043AN3FFA8.htm#F10610
NEW QUESTION 63
Which two approval tasks can be performed by using the Manage Approval Rules user interface in Cloud Procurement?
- A. Item Creation Approval
- B. Purchasing Document Approval
- C. Supplier Registration Approval
- D. Expenses Approval
Answer: B,C
Explanation:
Explanation
https://docs.oracle.com/en/cloud/saas/procurement/20a/oapro/define-approval-management-for-procurement.htm
NEW QUESTION 64
During a Cloud Procurement implementation, you have gathered the required details for setting up approvals for blanket purchase agreements. Identify the task under which you will need to configure the business rules setup in approval management system:
- A. 'Purchasing document management'task
- B. 'Requisition approval' task
- C. Manage Purchasing Document Approval
- D. 'Purchasing agreement approval' task
- E. 'Blanket agreement approval' task
Answer: A
NEW QUESTION 65
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 available but the approver is not set up as "Budget Manager" for the selected budget for the business unit.
- B. Funds are insufficient and budget type is "Advisory".
- C. Funds are insufficient and budget type is "Absolute".
- D. Funds are insufficient and budget type is "Track".
Answer: C
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 66
During the implementation, your customer has a requirement for a given business unit to enable "funds check" on purchase orders. This requires that budgetary control be enabled.
What configuration must you complete to enable budgetary control in that business unit?
- A. Enable budgetary control by selecting the ledger and business unit by using the task Manage Budgetary Control.
- B. Enable budgetary control by selecting the business unit in scope using the task Configure Procurement Business Function.
- C. Enable budgetary control by selecting the business unit in scope using the task Configure Procurement and Payables Options.
- D. Enable budgetary control in both the Configure Requisition Business Function and Configure Procurement Business Function by selecting the business unit in scope.
Answer: A
NEW QUESTION 67
On completion of a Negotiation Award using a negotiation template, you are trying to create a purchasing document and system provides you the option to create a Blanket Purchase Agreement (BPA) only, whereas you expected to get an option to create a Contract Purchase Agreement (CPA).
Identify the reason for this.
- A. The Business Function for the associated Business Unit is 'Requisition Only' and did not allow Purchase Agreement Generation.
- B. The negotiation outcome is defined as 'Blanket Purchase Agreement' in the negotiation template.
- C. The Profile Option PO_PRC_AGENT_CATEGORY_ASSIGNMENT is set to the current user.
- D. The negotiation outcome is defined as 'Contract Purchase Agreement' in the negotiation template.
Answer: D
Explanation:
Explanation
Oracle Fusion Purchasingprovides the following purchase order types: purchase order, blanket purchase agreement, and contract purchase agreement.
References: Oracle Procurement Cloud Using Procurement (Release 9), page 131
NEW QUESTION 68
A new procurement BU (BU1) is set up in Fusion Procurement to support the purchasing need of a newly acquired company. You are responsible for purchasing function for this new procurement BU. But while creating a Purchase Order for the new BU, you observe that the new BU is not appearing in the BU selection list.
Identify two applicable reasons for this behavior.
- A. The "Manage Purchase Order" check box in the Agent Access section of the Create Procurement page is unchecked.
- B. The "Manage purchase agreement" check box in the Agent Access section of the Create Procurement page is checked.
- C. You are not configured as a Procurement Agent for the BU1 procurement BU.
- D. The procurement BU (BU1) and the Procurement Agent association are not Active.
- E. The "Manage purchase agreement" check box in the Agent Access section of the Create Procurement page is unchecked.
Answer: B,D
NEW QUESTION 69
During an implementation where Procurement Contract and Supplier Portal are being implemented, the Procurement Contract user (buyer) has created deliverables on a supplier, which also has an identified Supplier Portal user. The supplier has requested the buyer to email details of the deliverable.
Advise the buyer on how he or she can communicate the deliverable details to the supplier through the application.
- A. The supplier can view the deliverable from the supplier portal under the Deliverables tab.
- B. The supplier can view the deliverable by opening the contract in the Contracts tab in the Supplier Portal.
- C. The supplier can view the deliverable by navigating to the Agreements tab from the Supplier Portal.
- D. The supplier can view the deliverable from the Supplier Portal byclicking the Manage Deliverables link.
Answer: A
Explanation:
Explanation
How can I change the due dates, notifications, and other contract deliverable details?
You can change the due dates, notifications, and other contract deliverable definition details in the Deliverables tab of a contract that is in Draft or Under Amendment status. Once the contract becomes active and deliverables are automatically activated creating deliverable instances, you can only make changes to deliverables status, notes and attachments using the Manage Deliverables task. For internal deliverables with a fixed due date that you can manually activate at any time irrespective of contract status, you can only make changes to deliverable definition details before you activate them.
References:https://docs.oracle.com/cd/E56614_01/procurementop_gs/FASCA/F1174613AN14980.htm
NEW QUESTION 70
An organization implementing Supplier Qualification Management has multiple procurement business units:PR BU1, PR BU2, and PR BU3. The Corporate head office (CORP BU) is also defined as one of the procurement business units.
The organization wants to maintain and manage the Qualification area-A for use by all the procurement business units, but wants the Qualification area-B to be used only by CORP BU and PR BU1.
Which two setups fulfill this requirement? (Choose two.)
- A. Create the Qualification area-A in CORP BU and select the "Global" check box.
- B. Create the question in CORP BU and select the "Global" check box.
- C. Create the Qualification area-A in PR BU2 and select PR BU3.
- D. Create the Qualification area-B in CORP BU and select PR BU1.
- E. Create the Qualification area-B in CORP BU and select the "Global" check box.
Answer: B,D
NEW QUESTION 71
You have the following business requirements when configuring applications:
* When creating an implementation project, you want to see the list of Offerings and Functional Areas that are configured for the project.
* You want to identify which stage all Offerings and Functional Areas are at.
Which two setups fulfill these requirements? (Choose two.)
- A. Although the Offering configuration can be changed any time, the changes will influence any of the existing implementation task lists.
- B. You should change Provisioned to "No" to specify the Offering that you want to choose while creating an implementation project.
- C. After creation of the implementation project you should set the status of tasks to "In Progress" or
"Implemented". - D. You should select the "Enable" check box to specify the Options.
- E. You should have an IT Security role in order to fulfill these requirements.
Answer: C,D
NEW QUESTION 72
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 been added to have view access.
- 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 already been added to a requirement section in a scoring team.
Answer: A,C
NEW QUESTION 73
Identify the setup that allows news and information of interest to be published to suppliers through the Oracle Supplier Portal Cloud.
- A. enabling feed from social media sites such as Facebook, Twitter, and so on using 'Manage Common Options for Purchasing'
- B. configuring the "News Broadcast" field using the 'Manage Supplier' task
- C. enabling RSS feed from a customers corporate web portal
- D. setting up Specify Supplier News Content in the Functional Setup Manager
Answer: D
NEW QUESTION 74
Your customer has several Procurement centers across the world. During implementation, the customer wants to implement the same payment terms policy for all the Business units. Identify the correct approach to fulfill this customer requirement in the application using Functional Setup Manager
- A. Define Payment Terms in each business unit and assign those to different reference objects specific to those Business Units?
- B. Use 'Common' reference object for all Business Units
- C. Define same payment terms across all Business Units
- D. Define 'Payment Terms' and assign those to one reference object. Then assign that reference object to all Business Units for reference object 'Payment Terms'
Answer: D
NEW QUESTION 75
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
Answer: A
NEW QUESTION 76
In self-service procurement, you want to allow users to add in their home address for the delivery of certain items.
Which feature and task should you select? (Choose the best answer.)
- A. Edit Address feature and Configure Purchasing Business Function task
- B. Update Address feature and Configure Self Service Business Function task
- C. Manage Home Address feature and Configure Procurement Business Function task
- D. Capture One-Time Address feature and Configure Requisitioning Business Function task
Answer: D
NEW QUESTION 77
What are the three different types of category hierarchies available within Oracle Procurement Cloud?
- A. Supplier Products and Services Hierarchy
- B. Purchasing Catalog Hierarchy
- C. Catalog Category Hierarchy
- D. Procurement Category Hierarchy
- E. Item Category Hierarchy
Answer: A,C,D
NEW QUESTION 78
Identify the statement that is not valid for Oracle Cloud Procurement Contracts
- A. Allows you to capture any change in Terms & Conditions of Contract in MS Word
- B. The Contracts terms template defines pre-approved boiler plate for the type and circumstances for the contract
- C. The Contracts terms template drives rules to help you follow company policy
- D. Allows you to publish Contracts on Social Networks
Answer: D
NEW QUESTION 79
In the Oracle Procurement Cloud Setup Flow, which three components are within the Common Procurement Configuration set of tasks?
- A. Supplier Configuration
- B. Payables and Procurement
- C. Buyer Assignments
- D. Procurement Agents
- E. Supplier Portal
Answer: A,B,D
NEW QUESTION 80
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.)
- A. Two stage Evaluation
- B. Open Auctions
- C. Response Visibility is always Sealed
- D. Response Visibility Blind
- E. Response Visibility Open
- F. Technical and Commercial Evaluation
Answer: A,C,F
Explanation:
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 ofqualified 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 doneindependently. 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.
References: See What's Coming in Oracle Procurement Cloud (Release 9), page 8
https://fusionhelp.oracle.com/helpPortal/topic/TopicId_P_EDADAB5CC7CF0747E040D30A68811553
NEW QUESTION 81
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. Configure Procurement Business Function
- B. Manage Procurement Document Numbering
- C. Manage Common Options for Payables and Procurement
- D. Configure Requisitioning Business Function
Answer: B
NEW QUESTION 82
Your customer has defined some new roles for specific organizational needs. Where would you assign these additional roles?
- A. Fusion Identity Manager (FIM) > Provision Roles screen
- B. Fusion Functional Setup Manager (FSM) > Manage Users task
- C. Fusion Applications Policy Manager (APM)
- D. Fusion Human Capital Management (HCM)
Answer: B
Explanation:
Explanation
You can create new organizations using the Manage Sales and Marketing Organizations option in the Functional Setup Manager or the Oracle Fusion Partner Management user interface. You can also create new resource organizations from the User Management interface. You can also use the interface to manage user accounts and roles, and to create employee and partner-member users.
NEW QUESTION 83
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. Substitute rule in 'document approval' task
- B. Re-assign the approval task by providing alternate id of a new approver
- C. Modified rule in 'document approval' task
- D. Document approval
Answer: A
NEW QUESTION 84
A supplier sales representative wants to track and manage their agreements and have the ability to add and edit catalog content for agreements online.
Identify two duty roles that accomplish this requirement. (Choose two.)
- A. Purchase Agreement Changes as Supplier Duty
- B. Contract Terms Deliverables Management Duty
- C. Purchase Agreement Viewing as Supplier Duty
- D. Purchase Order Changes as Supplier Duty
- E. Purchase Document Analysis as Supplier Duty
Answer: A,B
Explanation:
Explanation
C: The Contract Terms Deliverables Management Duty manages contract terms deliverables. This includes setting the deliverable status, adding comments, and uploading attachments.
D:Purchase Agreement Changes as Supplier Duty performs purchase agreement change management tasks as a supplier.
NEW QUESTION 85
Identify two profile options that are required to configure Punchout Catalogs in Self Service Procurement.
(Choose two.)
- A. POR_PROXY_SERVER_NAME
- B. POR_DISPLAY_EMBEDDED_ANALYTICS
- C. POR_PROXY_SERVER_PORT
- D. PO_DEFAULT_PRC_BU
- E. PO_DOC_BUILDER_DEFAULT_DOC_TYPE
Answer: A,C
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 86
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