Oracle Procurement Cloud 2020 Implementation Essentials - 1Z0-1065-20 FREE EXAM DUMPS QUESTIONS & ANSWERS]

Question 1

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

A. price increase request from a supplier through the supplier portal B. condition-dependent reductions in price C. means to provide price discounts D. payment method, which supports multiple-installment payment goods or services E. change orders affecting pricing of specific lines

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Correct Answer: B,C Vote an answer

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Question 2

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.

A. Item, buy agreement B. Free form, buy C. Free form, buy agreement D. Item, buy

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Correct Answer: C Vote an answer

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Question 3

Identify three attributes that are considered as Reference Data Sets and shared across Business Units in Cloud Procurement.

A. Location B. Item C. Price D. Payment Terms E. Tax Classification

Discussion 0

Correct Answer: A,B,D Vote an answer

Question 4

You defined an Approved Supplier List (ASL) with a Blanket Purchase Agreement (BPA) for requisitions.
After you submit a requisition with the BPA as a source document, you found an approved requisition and automatically created PO (Purchase Order). However, the status of this PO was confirmed as "Incomplete" instead of "Open" as expected.
Identify two causes for this behavior. (Choose two.)

A. The "Automatically submit for approval" check box is deselected in the BPA that was referenced from the requisition. B. The "Approval required for buyer modified lines" check box is deselected in the Configure Requisitioning Business Function. C. The "Allow Purchase Order Approval" check box is deselected in the Manage Approved Supplier List Status, which assigned ASL's status. D. The "Enable negotiation approval" check box is deselected in the Configure Procurement Business Function.

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Correct Answer: A,B Vote an answer

Question 5

Identify the functionality of Self Service Procurement that allows a Requester a 360-degree view of any purchasing document, such as a Requisition or PO.

A. Manage Life Cycle B. View pdf C. View Full Details D. Manage Train Stops E. Workflow administration

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Correct Answer: A Vote an answer

Question 6

During Cloud Procurement implementation, the customer provides you with their company logo. They want you to place the logo on the header of the PDF report that gets generated for purchase requisitions for all requisitioning business units. Where will you configure this setup?

A. Use Manage Menu Customizations. B. Modify the purchase requisition report in the Business Intelligence Publisher tool for each of the business units. C. Set up the profile option "Company logo". D. Browse and select the logo in "Configure Requisitioning Business Function" for each of the requisitioning business units.

Discussion 0

Correct Answer: B Vote an answer

Question 7

A buyer often orders an item BA82829 by box but the same store manager stocks the item as individual units by using the 'Each' unit of measure. Item BA82829 can be ordered from three suppliers and the box sizes differ by supplier (12, 24 and 36). Identify the correct option to set up these units of measure in Product Hub (PIM).

A. Create multiple BoxY UOMs, where Y is the quantity per box, and an Each UOM, and assign them to different UOM classes. B. Create a Box UOM and an Each UOM and assign both to the same UOM classes. C. Always use the Each UOM and do not create Purchase Orders for Box. D. Create multiple BoxY UOMs, where Y is the quantity per box, and an Each UOM, and assign them to the same UOM class. E. Create a Box UOM and an Each UOM and assign them to different UOM classes.

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Correct Answer: B 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 Contract Purchase Agreement for the varied price supplier and do not create any kind of agreement for the fixed price supplier. B. Create a Planned Purchase Order for the fixed price supplier and do not create any kind of 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 fixed price supplier and a Blanket Purchase Agreement for the varied price supplier.

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Correct Answer: C Vote an answer

Question 9

You want Supplier Accounts to be created by external supplier users in Supplier Portal. Which Supplier Registration option would allow this?

A. Global Supplier Registration B. Discrete Supplier Registration C. External Supplier Registration D. Internal Supplier Registration

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Correct Answer: C Vote an answer

Question 10

In an implementation, the Purchase Requisition users are requesting that they want to receive the purchase orders created for their requisitions. Identify the correct functionality related to this requirement in Cloud Procurement:

A. Requesters cannot receive Purchase Orders B. Requesters need to be assigned the Warehouse Manager or Receiver role in order to receive Purchase Orders C. Requesters need to be assigned Purchasing Agent role in order to receive Purchase Orders D. Requesters can receive Purchase Orders using Self Service Receiving

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Correct Answer: D Vote an answer

Question 11

Identify two tasks that can be performed in the Functional Setup Manager by a customer when configuring setup data. (Choose two.)

A. collecting data to populate the order orchestration and planning data repository B. importing and exporting data between instances C. configuring Oracle CloudApplications to match business needs D. setting up and maintaining data by means of the Manage Admin menu

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Correct Answer: B,C Vote an answer

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Question 12

Which three tasks are included in the Supplier functional area task list?

A. Specify Supplier Numbering B. Manage Tax Organization Type Lookup C. Manage Supplier Value Sets D. Manage Procurement Agents E. Manage Item Organizations

Discussion 0

Correct Answer: A,C,D Vote an answer