Sep-2022 Get Totally Free Updates on 1Z0-1065-21 Dumps PDF Questions [Q26-Q42]

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Sep-2022 Get Totally Free Updates on 1Z0-1065-21 Dumps PDF Questions

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Q26. Your organization has multiple procurement business units. A Qualification manager wants to launch an initiative for assessment of suppliers. However, the manager is unable to select the qualification model that he or she defined earlier.
Identify the cause for this behavior.

The qualification model is not yet approved.

The Qualification manager is not defined as procurement agent.

The Qualification manager does not have the “Manage Suppliers” action enabled in procurement agent definition.

The Qualification manager has not selectedthe correct procurement BU.

Q27. During an implementation, the Buyers will like to access the OTBI reports that are available inthe Cloud Purchasing application. Identify the way to provide them easy access to Purchasing related OTBI reports?

Enable the OTBI reports in Purchasing work area

Train the buyers to navigate to ‘Functional Setup Manager’ to access the reports

Ask the buyer to run Scheduled Process to run the OTBI reports for Purchasing

Train the users to navigate to Business Intelligence applications to access the reports

Q28. 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 pricethroughout the year.
How should you set up this item in Oracle Procurement Cloud to address both requirements?

Create a Planned Purchase Order for the fixed price supplier and do not create any kind of agreement for the varied price supplier.

Create a Blanket Purchase Agreement for the negotiated price supplier and a Contract Purchase Agreement for the varied price supplier.

Create a Contract Purchase Agreement for the varied price supplier and do not create any kind of agreement for the fixed price supplier.

Create a Contract Purchase Agreement for the fixed price supplier and a Blanket Purchase Agreement for the varied price supplier.

Q29. Which areas are part of the streamlined procure-to-pay process in Oracle Procurement Cloud?

Pay, Supplier,Requisition

Pay, Catalog, Purchase

Pay, Supplier, Purchase

Pay, Requisition, Purchase

Pay, Catalog, Requisition

Q30. Your customer is a global company and has multiple legal entities across countries:
* Vision China (Legal Entity) 1) has a China Distribution Business Unit (BU).
* Vision US (Legal Entity) 2) has a US Distribution BU.
They have the following requirements:
1. To make purchases from or sell to the other legal entities using intercompany transaction
2. To automatically determine the sold-to legal entity on a Purchase Order (PO) by using Supply Chain Financial Orchestration(SFO) Identify three applicable setups in Oracle Procurement Cloud to fulfill these requirements.

Set up the Default Legal Entity on the Configure Requisitioning Business Process page.

Define a primary route on financial orchestration flow to enforce the sold-to legal entity on a PO.

Set up the “Multiple Legal Entities on Order” value to “Allow” on the Configure Requisitioning Business Process page.

Create Profit Center BU to Party Relationships.

Set up the default procurement business unitfor Default Legal Entity in Manage Purchasing Profile Options.

Q31. Which three common procurement business objects can be managed on an ongoing basis while the application is in use?

Payment Terms

Units of Measure

Hazard Classes

Item Types

Corporate Cards

Q32. Receiving parameters are defined for which of the below options? (Choose the best answers.)

Business Unit

Inventory Organization

Enterprise Group

Legal Entity

Q33. Identify two features of the pricebreak functionality provided in Blanket Purchase Agreement (BPA) document types. (Choose two.)

payment method, which supports multiple-installment payment goods or services

condition-dependent reductions in price

change orders affecting pricing of specific lines

price increase request from a supplier through the supplier portal

means to provide price discounts

Q34. What is the earliest point that funds can be reserved for requisitions, during implementation and funds reservation for Budgetary Control?

Funds can be reserved upon approval of the requisition.

Funds can be reserved upon approval of the purchase order.

Funds can be reserved upon creation of the purchase order.

Fundscan be reserved upon submission of the requisition.

Q35. 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?

Define all buyers as employees in procurement Business Unit A.

Configure a new document style and assign it to each buyer in “Manage Procurement Agent.”

Modify “ConfigureProcurement Business Function” for procurement Business Unit A and provide access to all buyers.

Update each buyer’s access using “Manage Procurement Agent” for procurement Business Unit A.

Q36. Your customer is implementing the full suite of Cloud procurement. They would like to know how best they can utilize the Contract Terms library.
Identifythree applications from where users can access the Contract Terms library for setting up “contract terms” for different documents. (Choose three.)

Supplier Model

Self Service Procurement

Sourcing

Procurement Contracts

Purchasing

Q37. During Oracle Procurement Cloud implementation, one of the requirements of the customer is to capture the revisionhistory of Purchase Orders when ‘notes to receiver’ is entered or updated as part of a Change Order.
Identify the setup that needs to be performed in order to capture change history when a user updates ‘notes to receiver’ as part of the Change Order.

Update the attribute ‘notes to receiver’ in Configure Requisitioning Business Function’ for the requisitioning Business Unit.

Update the attribute ‘notes to receiver’ in Common Payables and Procurement Options’ for the procurement Business Unit.

Update the attribute ‘notes to receiver’ in the Change Order template for the Purchase Order.

Update the attribute ‘notes to receiver’ in supplier site assignment for the supplier site.

Q38. Your customer wants to configure threebusiness units (BUs) as follows:
* US East BU and US West BU that perform requisitioning-related business processes and tasks. The US East BU provides payment services for its own invoices and for the US West BU’s invoices.
* One BU, US Header BU, that is configured as a shared Procurement BU with only the Procurement function enabled Identify the correct configuration.

The US East BU needs to be configured as a Payables Payment Service Provider.

The US Header BU needs to be configured as a Payables Payment Service Provider.

The US East BU and US West BU need to be configured as a Payables Payment Service Provider.

The US West BU needs to be configured as a Payables Payment Service Provider.

Q39. In Oracle Transactional Business Intelligence (OTBI), which subject area should you use to report on spend for purchase orders and their associated requisitions?

Procurement – Purchasing Real Time

Procurement – Procure to Pay Real Time

Procurement – Spend

Procurement – Requisitions Real Time

Q40. For Payables and Procurement, what three common controls and default values need to be set for eachbusiness unit?

Collaboration Messaging

Automatic Offsets

Buyer Assignment

Currency Conversion

Expense Accruals

Q41. 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 stopped from processing if the funds are unavailable.
Identify the configuration required to achievethis requirement.

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

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

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

The budget must be setup with control level as Absolute.

Q42. In the Oracle Procurement Cloud Setup Flow, which three components are within the Common Procurement Configuration set of tasks?

Supplier Configuration

Supplier Portal

Payables and Procurement

Buyer Assignments

Procurement Agents