1Z0-1065-22 Questions Pass on Your First Attempt Dumps for Oracle Procurement Cloud Certified [Q11-Q32]

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1Z0-1065-22 Questions Pass on Your First Attempt Dumps for Oracle Procurement Cloud Certified

1Z0-1065-22 Practice Test Pdf Exam Material

The Oracle 1z0-1065-22 exam is designed for professionals who are interested in proving their knowledge and skills in implementing Oracle Procurement Cloud solutions. This certification exam is primarily meant for individuals who are responsible for implementing and configuring the Oracle Procurement Cloud solution in their organizations. The exam tests candidates on their knowledge of the Oracle Procurement Cloud solution, including its features and functionalities, as well as their ability to implement and configure it according to business requirements.

NO.11 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.12 Identify the statement that is not valid for Oracle Cloud Procurement Contracts

The Contracts terms template defines pre-approved boiler plate for the type and circumstances for the contract

The Contracts terms template drives rules to help you follow company policy

Allows you to capture any change in Terms & Conditions of Contract in MS Word

Allows you to publish Contracts on Social Networks

NO.13 You are setting up Oracle Cloud Sourcing. You would like participants to provide Insurance and Freight cost for the quotation/RFQ (Request For Quotation) lines.
Identify the configuration that will fulfill this requirement.

Add Cost Factors for Freight and Insurance

Personalize the negotiation UI (User Interface) to add the Freight and Insurance attributes.

Add negotiation lines separately to capture Freight and Insurance.

Define a negotiation style and enable DFF (Descriptive FlexField) for Freight and Insurance

NO.14 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.15 What is required to make data available in Oracle Procurement Cloud Transactional Business Intelligence graphs?

Configure the Extract Transform and Load tool and data will be populated in real time.

Schedule concurrent requests to run every hour.

No need to schedule anything; data will be populated in real time.

Schedule ESS jobs to run according to customer requirements.

NO.16 During a Procurement Contract implementation, a customer would like to set up their own line type for buying services. They intend to use this line type for negotiating terms for future purchase of services and do not have a defined scope of work.
Identify the source that the customer needs to select while creating the line type to meet this requirement.

Free form, buy

Item, buy

Free form, buy agreement

Item, buy agreement

NO.17 Your customer is implementing Oracle Procurement Cloud applications with multiple Requisition Business Units. Each Business Unit has employees who need the ability to create requisitions. The customer does not want all employees in the organization to be able to create requisitions using the self-service application; however, they should be able to search for information (for example, contact details) relating to other employees.
To restrict certain employees from being able to create requisitions, identify the inherited role that must be removed from the seeded Employee role.

Procurement Requester

Contingent Worker

Procurement Administrator

Employee

Procurement Preparer

NO.18 Identify the THREE functions that a Buying Organization is able to perform after it provides its Suppliers the access to the ‘Supplier Portal’ :

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

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

Consolidate suppliers and supplier sites to clean up duplicate suppliers or support supplier acquisitions

Import supplier data and related entities

Create Negotiation flow internally on behalf of prospective suppliers

NO.19 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 “Configure Procurement 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.

NO.20 Identify three activities performed by a Business Unit that has been configured only for the Procurement function.

Create/Manage Purchase Order

Create/Manage Supplier Sites

Create/Manage Supplier Invoices

Create/Manage Requisitions

Create/Manage Catalogs

NO.21 Identify three application standard sequence for the in the Setup and Maintenance task list ‘Define Supplier Configuration’. (Choose three.)

Manage Requirement Section Lookup

Business Classification Lookup

Minority Group Lookup

Tax Organization Type Lookup

Manage FOB Lookup

Manage Freight Terms Lookup

NO.22 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.23 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:

‘Requisition approval’ task

‘Purchasing document management’task

Manage Purchasing Document Approval

‘Blanket agreement approval’ task

‘Purchasing agreement approval’ task

NO.24 During an implementation, the super user is requesting you to explain how to set up “risks” to be used in the Procurement Contracts by all users. You are in the middle of the year and currently there are few “risks” that are already defined and the organization is planning to introduce new “risks” from New Year’s Day.
Identify the two steps the user should follow to fulfill this requirement.

Wait until year end, inactivate the old risks data on year end, and create and activate new risks from the same day.

Provide an end date as year end for the old risk data,create new risks now, and provide New year’s Day as start date.

Create new risks now, enable those at year end, and disable the old data on year end.

The user needs to delete old risks and create new risks around the year end.

NO.25 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.26 In an implementation the user would like to send the ‘External registration’ link to their potential suppliers who will be using the Supplier Portal. Where will the user find this link?

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

Under Supplier Master, the link is available in the menu

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

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

NO.27 Which three business users can submit a new supplier request? (Choose three.)

Self-Service Procurement user

Supplier Administrator

Warehouse Manager

Catalog Administrator

Category Manager

NO.28 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.29 Your customer has the following approval hierarchy:
1. Role: Employee; Document: Purchase Requisition; Approval Limit: $3500
2. Role: Manager; Document: Purchase Requisition; Approval Limit: $6700
3. Role: Senior Manager; Document: Purchase Requisition; Approval Limit: $12000 Purchase Order requisitions are set up with an approval method of Employee-Supervisor hierarchy and a Forward method of Direct. “Can Change Forward-To” is set to No. An employee has created a purchase requisition with a total amount of $8200, and wants the manager to review the requisition electronically before it is approved. How can this requirement be fulfilled?

Advise the employee to change the Forward-To on the requisition to the manager.

Advise the employee to print the requisition, scan it into an email, and then email it to the manager.

Advise the manager to have the senior manager forward the requisition back to the employee before approving.

Advise the employee to have the manager review the requisition via the requisition summary form before submitting the requisition for approval.

NO.30 Identify two control option that are enabled when a buyer selects the ‘Group requisition lines’ field while creating a Blanket Purchase Agreement. (Choose two.)

Group requisitions

Apply price updates to existing orders

Use need-by date

Automatically submit for approval

Use ship-to organization and location

NO.31 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

NO.32 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

1Z0-1065-22 [May-2023] Newly Released] Exam Questions For You To Pass: https://www.dumpleader.com/1z0-1065-22_exam.html

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