Oracle Procurement Cloud 2021 Implementation Essentials - 1Z0-1065-21 FREE EXAM DUMPS QUESTIONS & ANSWERS]

Question 1

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

Discussion 0

Correct Answer: C Vote an answer

Question 2

In self-service procurement, you want to allow users to add in their home addressfor 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. Capture One-Time Address feature and Configure Requisitioning Business Function task C. Update Address feature and Configure Self Service Business Function task D. Manage Home Address feature and Configure Procurement Business Function task

Discussion 0

Correct Answer: B Vote an answer

Question 3

What are the three different types of category hierarchies available within Oracle Procurement Cloud?

A. Supplier Products and Services Hierarchy B. Purchasing CatalogHierarchy C. Catalog Category Hierarchy D. Item Category Hierarchy E. Procurement Category Hierarchy

Discussion 0

Correct Answer: A,C,E Vote an answer

Question 4

Identify two fields whose tolerance levels are ignored when data is entered while creating receipts using Enforce Blind Receiving. (Choose two.)

A. Waybill B. Packing Slip C. Receiving Date D. Receiving Quantity E. UOM

Discussion 0

Correct Answer: C,D Vote an answer

Question 5

What is the difference between Prospective and Spend authorized suppliers?

A. Prospective suppliers are limited to purchase orders, whereasboth purchase order and agreement can be created for Spend authorized suppliers. B. Prospective suppliers can participate in Sourcing activities only, whereas Spend authorized suppliers can participate in all Procure-to-Pay activities. C. Prospective suppliers are limited to sourcing and qualification activities, whereas Spend authorized suppliers are limited to purchase orders and agreements. D. Prospective suppliers are suggested by internal users, whereas Spend authorized suppliers are registered externally.

Discussion 0

Correct Answer: B Vote an answer

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Question 6

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 thoseBusiness Units? B. Define same payment terms across all Business Units C. Define 'Payment Terms' and assign those to one reference object. Then assign that reference object to all Business Units for reference object 'Payment Terms' D. Use 'Common' reference object for all Business Units

Discussion 0

Correct Answer: C Vote an answer

Question 7

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

A. Supplier Portal B. Payables and Procurement C. Supplier Configuration D. Buyer Assignments E. Procurement Agents

Discussion 0

Correct Answer: B,C,E Vote an answer

Question 8

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

Discussion 0

Correct Answer: D Vote an answer

Question 9

Identify the statement that is not valid for OracleCloud Procurement Contracts

A. Allows you to publish Contracts on Social Networks B. Allows you to capture any change in Terms & Conditions of Contract in MS Word C. The Contracts terms template defines pre-approved boiler plate for the type and circumstances for the contract D. The Contracts terms template drives rules to help you follow company policy

Discussion 0

Correct Answer: A Vote an answer

Question 10

During a Cloud Procurement implementation, your customer has asked you to set up document numberingfor purchasing documents. Where do you setup the Next Purchase Order Number in Cloud Procurement Applications?

A. Configure Procurement Business Function B. Configure Requisitioning Business Function C. Manage Common Options for Payables and Procurement D. Configure Procurement Business Functions

Discussion 0

Correct Answer: A Vote an answer

Question 11

An organization has initiated a campaign for energy conservation and wantsall its suppliers to declare their carbon emissions. The Qualification manager is asked to create an initiative to collect the information and the certificates from suppliers.
Identify the method to create a qualification area without any defined outcomefor this requirement.

A. Create questions, but do not select the "Response required" and "Critical question". Create and add question to a qualification area. B. Create questions. Create and add the questions to a qualification area, but do not select the "Information only" check box. C. Create questions. Create and add the questions to a qualification area and select the "Information only" check box. D. Create questions, but do not select "Response required". Create and add questions to a qualification area, but do not select the "Information only" check box.

Discussion 0

Correct Answer: C Vote an answer

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Question 12

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?

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.

Discussion 0

Correct Answer: C Vote an answer

Question 13

In Setup and Maintenance within the Setup page, you can export tasks to a CSV file. Which two are reasons to use this feature?

A. Entering data through the setup page is cumbersome. B. Data comparisonbetween two sources of setup data. C. Copy the setup to create a new business unit. D. Review import offering data history. E. Manage setup data entry in bulk.

Discussion 0

Correct Answer: B,E Vote an answer

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Question 14

After gathering requirements from the business leads of customer organization, you have set up the Bill-to location at multiple places during Oracle Procurement Cloudimplementation. Identify the source from which the purchase order defaults the Bill-to location.

A. from the 'Supplier site assignment' first and if it is 'Null' then from 'Common Payables and Procurement options' B. from the Business Unit setup C. from the 'Configure Requisitioning business function' D. from the 'Configure Procurement business function' E. from the 'Common Payables and Procurement options' first and if it is 'Null' then from 'Supplier site assignment'

Discussion 0

Correct Answer: A Vote an answer

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Question 15

Which three business users can submit a new supplier request? (Choose three.)

A. Warehouse Manager B. Catalog Administrator C. Category Manager D. Self-Service Procurement user E. Supplier Administrator

Discussion 0

Correct Answer: C,D,E Vote an answer