Real 1Z0-1065-22 Exam PDF Test Engine Practice Test Questions [Q21-Q44]

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Real 1Z0-1065-22 Exam PDF Test Engine Practice Test Questions

Oracle 1Z0-1065-22 Real 2023 Braindumps Mock Exam Dumps

NO.21 An organization has been receiving incomplete Supplier Profile Data during the supplier onboarding and qualification process.
Identify the way to ensure that the required Supplier Profile data is entered by a supplier during the qualification process.

Create an initiative with questions classified by Standards Organization.

Create an initiative with questions mapped to supplier attributes.

Create an initiative with questions Responder Type is internal.

Create an initiative with questions classified by Subject.

NO.22 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 achieve this 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 set up with control level as Absolute.

NO.23 Which statement is true regarding terms and conditions?

Terms and conditions are not seeded with either Oracle Sourcing Cloud or Oracle Purchasing Cloud.

Terms and conditions are seeded with both Oracle Sourcing Cloud and Oracle Purchasing Cloud.

Terms and conditions are not seeded with Oracle Sourcing Cloud and are only seeded with Oracle Purchasing Cloud.

Terms and conditions are not seeded with Oracle Purchasing Cloud and are only seeded with Oracle Sourcing Cloud

NO.24 Your customer is implementing Cloud Procurement across two countries: A and B. They need intercompany transactions to be carried out between these two entities.
Identify the setup to fulfill this requirement.

Supply Chain financial Orchestration agreement between business units of countries A and B.

intercompany transaction between legal entities of countries A and B

Supply Chain financial Orchestration agreement between legal entities of countries A and B

intercompany transaction between business units of countries A and B

NO.25 You have defined your negotiation style and named it ‘ABC negotiation style’. Subsequently, you try to add collaboration team members on a negotiation that is based on the ‘ABC negotiation style’ and find that the ‘Collaboration Team’ field is disabled. Identify the cause.

The ‘Requirements and Instructions’ checkbox is unchecked in the style.

The ‘Collaboration Team’ checkbox is unchecked in the style.

Cost factors are not set up for negotiations for participants, causing no collaboration to negotiate cost.

Online collaboration is visible only to the Requisition Preparer.

NO.26 Identify the complete sequence for the Procure-to-Pay flow.

Create Requisition > Create Job Order > Build Inventory > Transfer Inventory > Pay Supplier > Return Goods to Supplier.

Create Requisition > Create Purchase Order > Fulfill Purchase Order > Enter Invoice > Match Invoice > Pay Supplier.

Create Requisition > Request for Quote > Analyze Quote > Award Supplier.

Enter Invoice > Match Invoice > Pay Supplier > Return Goods to Supplier.

NO.27 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

NO.28 Identify two features of the price break 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

NO.29 During your fusion procurement implementation one of the requirements of your customer is to accrue the expenses on receipt. To fulfill this requirement, you have been asked to setup Expense Accruals to accrue ‘At Receipt’. Where will you configure this flag ?

Common Payables and procurement options for Procurement business unit

Configure requisitioning business function for requisitioning business unit

Configure procurement business function for procurement business unit

Supplier site assignment for the supplier site

Common Payables and procurement options for Sold-to Business unit Correct

NO.30 You created a sourcing two-stage sealed RFQ and invited five suppliers to participate. The Technical stage is completed and the Commercial stage is unlocked.
At this time in the award negotiation section, in the Award Line you are able to see only three supplier’s responses as active responses. You are not able to see the other two suppliers’ data in the active responses.
Which two reasons are causing this? (Choose two.)

Supplier responses are closed.

Suppliers have entered the responses. Because the RQF is sealed, you are not able to view these two supplier’s data.

Suppliers were already awarded.

Suppliers were not shortlisted in the Technical stage.

You have entered these two suppliers’ responses as surrogate responses by a buyer. In the Commercial stage, the buyer has not yet entered surrogate responses.

NO.31 Your customer tells you that in their industry, the response document for an auction is called a ‘Proposal’ instead of the default Oracle term ‘Bid’, and that they would like to have all their negotiation documents reflect this terminology. What would you do to meet this requirement?

Create a Negotiation Style

Create a Negotiation Type.

Customize the Descriptive Flexfield.

Create a Purchasing Document Style.

Create a Negotiation Template.

NO.32 Acme Corporation has provided the following requirement in Fusion Procurement:
If the category on the requisition line is IT service (Category ID – 11423), approvals from “IT Service Category Approval Group” are required.
Identify the rule setup in Business Process Model (BPM) tasks to meet this requirement.

If ReqLineDimension.categoryId is equal to 11423; Then
List Builder = Resource
Response Type = Required
Approval Group = “IT Service Category Approval Group”
Allow empty group = False

If ReqLineDimension.categoryId is equal to 11423; Then
List Builder = Approval Group
Response Type = Required
Approval Group = “IT Service Category Approval Group”
Allow empty group = False

If ReqLineDimension.categoryId is equal to 11423; Then
List Builder = Approval Group
Response Type = FYI
Approval Group = “IT service Category Approval Group”
Allow empty group = True

If ReqLineDimension.categoryId is equal to 11423; Then
List Builder = Supervisory
Response Type = Required
Approval Group = “IT Service Category Approval Group”
Allow empty group = False

NO.33 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.

Set up one approval group and include the four department users with voting regime as first responder wins.

Set up one approval group and include the four department users with voting regime as consensus.

Set up employee supervisor hierarchy for all four department users and add them to an approval group.

Set up user group for the four departments and set up individual rules for the four department users.

NO.34 A Procurement Contracts user wants to create a deliverable with output document as Purchase Order in Oracle Purchasing Cloud. The user would like to know the status of the PO creation and also details of the PO.
Identify the location where the user can view this information.

The user cannot view the PO information in Procurement contract. They must navigate to Purchasing.

The user can view the purchase order in the Deliverable tab of that contract in Procurement Contracts.

The user can view the purchase order in the “Purchasing Activity” tab under the Fulfillment tab of that contract in Procurement Contracts.

The user can view the PO information under the Purchasing tab in contract line of that contract in Procurement Contracts.

NO.35 Identify the three sources from which Supplier Qualification Management gathers the required data (supplier information)

Qualification questionnaires

Sourcing bids

Profile updates

Legacy systems

Expired Contracts

NO.36 When defining supplier content map sets, which three values should you select that may be converted to values in the procurement business unit? (Choose three.)

Item

Category

Catalog

Supplier

Agreement

UOM

NO.37 A customer’s procurement manager has the authority to approve office supply Purchase Orders up to $6,600.00. For all other types of Purchase Orders, there is no approval hierarchy.
The customer is located in Kandy and the purchasing category for office supplies is Office Supplies. The COA (Chart of Accounts) format is: Company.Business Unit.Cost Center.Account. The future and segment values are 01 for the company, 220 for the Business Unit, 339 for the cost center, 67887 for the account, and the future is always 000000.
Identify the approval group setup that would enable this purchasing practice.

Set the Document Total object to include an amount limit of $5,000.00.

Document Total: Amount Limit= $0.00Account Range: Amount Limit = $6,600Account Range: From: 01.220.339.67887.000000 To: 01.220.339.67887.000000Category Range: Amount Limit = $6,600Category Range: From: Office.Supplies To: Office.SuppliesRequisition Document Type setup = ‘Owner can Approve’

Document Total: Amount Limit = $6,600.00Location: Amount Limit = $6,600 and Location = KandyCategory Range: Amount Limit = $10,000Category Range: From: X.Supplies To: Office.Supplies

Document Total: Amount Limit = $0.00Account Range: Amount Limit = $6,600Account Range: From: 01.220.339.67887.000000 To: 01.220.339.67887.000000Category Range: Amount Limit = $6,600Category Range: From: Office.Supplies To: Office.Supplies

Document Total: Amount Limit = $0.00Account Range: Amount Limit = $6,600Account Range: From: 01.220.339.00000.000000 To: 01.220.339.99999.000000Location: Amount Limit = $5,000 and Location = Kandy

NO.38 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.

The negotiation outcome is defined as ‘Contract Purchase Agreement’ in the negotiation template.

The negotiation outcome is defined as ‘Blanket Purchase Agreement’ in the negotiation template.

The Business Function for the associated Business Unit is ‘Requisition Only’ and did not allow Purchase Agreement Generation.

The Profile Option PO_PRC_AGENT_CATEGORY_ASSIGNMENT is set to the current user.

NO.39 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.)

Set Net 15 for the supplier site.

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

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

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

NO.40 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.)

Open Auctions

Response Visibility Open

Technical and Commercial Evaluation

Two stage Evaluation

Response Visibility Blind

Response Visibility is always Sealed

NO.41 Your client’s business requires that only requester A is provided access to the punchout catalog and not requester B.
Identify the configuration to achieve this.

Assign the “advance procurement requester” role to requester A and the “procurement requester” role to requester B.

Set the punchout catalog-associated content zone security to “Secured by worker” with the value “Requester A” and no setup for requester B.

Set the punchout catalog security in the punchout catalog definition page to “Secured by worker” with the value “Requester A” and no setup for requester B.

Assign the “punchout catalog request” role to procurement requester A and “procurement requester” role to requester B.

NO.42 Identify two correct statements about Local area and Contextual areas in the common UI Shell. (Choose two.)

Local area includes components that directly affect the Contextual area.

Local area can drive the contents of the regional area and the contextual area.

Local area is the main work area and typically contains the transaction form.

Contextual area provides quick access to tools that support business process.

Contextual area can drive the contents of the local area.

NO.43 At your client location, the marketing manager wants to run reports and analytics based on procurement subject areas, but he should not be able to view purchase orders. Which procurement role should you assign to him?

Procurement Agent

Purchasing Manager

Purchase Analysis

Finance Manager

NO.44 In order to define a shipping method, what three options need to be set?

Service Level

Purchase Profile

FOB Lookup COde

Contract

Mode of Transport