Oracle 1z0-1065-22 Exam Prep Guide: Prep guide for the 1z0-1065-22 Exam
2023 New Preparation Guide of Oracle 1z0-1065-22 Exam
To pass the Oracle 1z0-1065-22 certification exam, candidates must have a strong understanding of procurement processes and Oracle Procurement Cloud solutions. They must also be able to demonstrate their ability to implement and configure these solutions effectively. Candidates who pass the exam will be recognized as Oracle Procurement Cloud 2022 Implementation Professionals and will have the skills and knowledge required to implement and manage procurement solutions in organizations.
Oracle 1z0-1065-22 certification exam is designed for professionals who want to demonstrate their expertise in implementing Oracle Procurement Cloud 2022. It is a rigorous exam that requires extensive knowledge of procurement processes, cloud-based solutions, and Oracle technologies. 1z0-1065-22 exam validates the skills required to lead an Oracle Procurement Cloud implementation project and ensures that candidates can deliver successful procurement solutions for their organizations.
NEW QUESTION # 20
Identify two activities that a Buying Organization will be able to perform after it provides the Supplier Portal access to Suppliers. (Choose two.)
- A. Import supplier data and related entities.
- B. Create Negotiation flow internally on behalf ofprospective suppliers.
- C. Collect information about prospective suppliers through a self-guided registration flow.
- D. Consolidate suppliers and supplier sites to clean up duplicate suppliers or support supplier acquisitions.
- E. Evaluate prospective suppliers by routing their registrations through a collaborative review process by using a flexible rules engine.
Answer: C,E
Explanation:
E: The buying organization can collect information about the products and services categories supplied by the company on the registration flow by enabling Products and Services using the Configure Supplier Registration flow.
D: The Supplier Registration process is used by companies to submit their registration request in order to become asupplier of the buying organization. The buying organization then reviews the registration request using a collaborative review process and determines if it wants to consider this company as a new source of supply.
NEW QUESTION # 21
Which two job roles can access the Procurement Dashboard?
- A. Buyer
- B. Category Manager
- C. Procurement Preparer
- D. Procurement Manager
- E. Procurement Requester
Answer: C,D
NEW QUESTION # 22
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 ?
- A. Configure procurement business function for procurement business unit
- B. Supplier site assignment for the supplier site
- C. Common Payables and procurement options for Procurement business unit
- D. Configure requisitioning business function for requisitioning business unit
- E. Common Payables and procurement options for Sold-to Business unit Correct
Answer: E
NEW QUESTION # 23
Identify five business functions that must be configured in order to implement a complete Procure-to-Pay business process in Oracle Procurement Cloud. (Choose five.)
- A. Purchasing
- B. Invoicing
- C. Receiving
- D. Incentive Compensation
- E. Payments
- F. Inventory
- G. Requisitioning
Answer: A,B,C,E,G
NEW QUESTION # 24
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.
- A. Select the "enforce budget" check box under the Configure Procurement Business Function
- B. The budget must be set up with control level as Track.
- C. The budget must be set up with control level as Advisory.
- D. The budget must be set up with control level as Absolute.
Answer: D
Explanation:
The budget track level Absolute stops transactions when there are insufficient funds.
NEW QUESTION # 25
Your organization is implementing Supplier Qualification Management (SQM) and wants the supplier qualification process to be executed with segregation of duties in the following manner:
For qualification manager (Vendor development team-VD)
Independent evaluation (Procurement Department-PD)
Involvement of internal subject matter experts (SME)
Identify the correct setup to meet this requirement.
- A. initiatives created and owned by VD, internal response by VD, and evaluation by SME
- B. initiatives created and owned by VD, internal response and evaluation by SME
- C. initiatives created and owned by VD, internal response by SME, and evaluation by PD
- D. initiatives created and owned by VD, internal response by PD, and evaluation by SME
Answer: C
NEW QUESTION # 26
During implementation, the transformation maps that are associated with external-facing interfaces must be modified to map the _______.
- A. enterprise business object attributes to the fulfillment order line.
- B. extensible flexfield attributes to the fulfillment order line
- C. extensible flexfield attributes to the enterprise business object attributes.
- D. fulfillment order line to the extensible flexfield attributes.
Answer: C
Explanation:
At implementation time, the transformation maps that are associated with the external-facing interfaces must be modified to map the extensible flexfield attributes to the enterprise business object attributes.
NEW QUESTION # 27
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.
- A. intercompany transaction between business units of countries A and B
- B. intercompany transaction between legal entities of countries A and B
- C. Supply Chain financial Orchestration agreement between business units of countries A and B.
- D. Supply Chain financial Orchestration agreement between legal entities of countries A and B
Answer: D
Explanation:
Oracle Fusion Supply Chain Financial Orchestration enables you to run financial orchestration flows and define business rules for financial orchestration. Using Oracle Fusion Supply Chain Financial Orchestration, you can: Manage intercompany transactions and intracompany flows. Intracompany flows are present when a financial orchestration exists between two different profit center business units that belong to the same legal entity. You can separate the physical part of this transaction from the financial part of the transaction. https://docs.oracle.com/en/cloud/saas/supply-chain-and-manufacturing/19d/faims/supply-chain-financial-orchestration.html
NEW QUESTION # 28
You are in negotiations with a set of suppliers. After the award process was completed, you were told that none of the suppliers received any email notification. Identify two applicable reasons for this.
- A. Notifications can be sent only while inviting suppliers and not when awarding them.
- B. The Share Award Decision check box was not selected during completion of the award.
- C. Fusion Security restricts external email communication.
- D. The email notification server was not configured.
- E. The Do Not Notify Suppliers check box was selected.
Answer: C,E
NEW QUESTION # 29
To set up Project-Driven Supply Chain (PDSC), you enable the feature in the Manufacturing and Supply Chain Materials Management offering.
What are two additional tasks that you also need to complete? (Choose two.)
- A. Manage Inventory Types
- B. Manage Default Inventory Organizations
- C. Manage Project Expenditure Types
- D. Manage Inventory Organizations
- E. Manage Project Organization Classifications
Answer: D,E
NEW QUESTION # 30
In Self Service Procurement, a user is not able to search for one of the inventory items. Identify three configuration issues that could be causing this problem.
- A. The particular item is defined as 'BOM Enabled' in PIM.
- B. The particular item has not been marked as a 'Purchased' item within the Purchasing operational attribute group.
- C. The particular item does not belong to any Purchasing Category.
- D. The particular item is not defined as a 'Transactable' item in PIM.
- E. The particular item is not part of any Procurement catalog.
Answer: B,C,E
NEW QUESTION # 31
The business units in your organization are set up with a Client-Service Provider relationship. Requesters from the requisition(client) business units need to utilize a blanket agreement for automatic creation of purchase orders for their requisitions. Identify the configuration that needs to be used by the buyer who is creating the blanket agreement to be made available to other 'requisitioning business units' for purchases against their requisitions
- A. Enable flag ''Automatically generate orders' in control tab of blanket purchase agreement
- B. Setup Profile Option: 'Automatically generate orders'
- C. Enable flag 'Automatically generate orders' in each client business unit
- D. Enable flag 'Automatically generate orders' in configure procurement business function for the procurement business unit
- E. Enable flag 'Automatically generate orders' in the purchase order when buyer submits it
Answer: A
NEW QUESTION # 32
Which areas are part of the streamlined procure-to-pay process in Oracle Procurement Cloud?
- A. Pay, Supplier, Purchase
- B. Pay, Catalog, Purchase
- C. Pay, Supplier, Requisition
- D. Pay, Requisition, Purchase
- E. Pay, Catalog, Requisition
Answer: D
NEW QUESTION # 33
Your customer wants to configure four business units (BUs) as follows:
Korea, China BUs that perform only requisitioning-related business processes and tasks.
A US BU that is configured as a shared Procurement BU with only the Procurement function enabled.
A Singapore BU that provides only payment services for both Korea and China BUs.
Identify an applicable setup to represent how the business unit is used.
- A. The Singapore BU must be assigned the Payables Payment business functions.
- B. The Singapore BU must be assigned with the Billing and Revenue and Payables Invoicing business functions.
- C. The US BU must be assigned the Requisitioning and Procurement business functions.
- D. The China BU must be assigned the Billing and Revenue and Requisitioning business functions.
- E. The Korea BU must be assigned the Receiving, Payables Invoicing, and Payables Payment business functions.
Answer: A
Explanation:
Centralized payment processing enables you to implement a shared payment service model.
Under this model, a single "payment business unit" provides payment services to multiple "invoice business units". Thatis, any business unit with the Payables Payment" businessfunction" can provide payment services to other business units with the Payables Invoicing business function.
NEW QUESTION # 34
Identify the Duty role that you need to associate with the Job role to enable the "new supplier request" functionality.
- A. Submit supplier registration duty
- B. Supplier sales representative duty
- C. Supplier bidder duty
- D. Supplier Self Service clerk duty
- E. Supplier Self Service administrator duty
Answer: A
Explanation:
Only registration requests in pending approval status can be edited. The user must be the current approver and have Supplier Registration Management Duty (Edit Supplier Registration Request privilege), or Supplier Profile Management Duty (Access Supplier Workarea Overview privilege) to edit the registration.
https://learn.oracle.com/ols/course/prepare-for-procurement-cloud-implementation-2020-certification/46356/79000/108303
NEW QUESTION # 35
Which three business users can submit a new supplier request? (Choose three.)
- A. Category Manager
- B. Supplier Administrator
- C. Catalog Administrator
- D. Self-Service Procurement user
- E. Warehouse Manager
Answer: A,B,D
NEW QUESTION # 36
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?
- A. Create a Negotiation Template.
- B. Create a Purchasing Document Style.
- C. Create a Negotiation Type.
- D. Create a Negotiation Style
- E. Customize the Descriptive Flexfield.
Answer: D
Explanation:
You can use a negotiation style to control the look of the document and the features available. A style is a good way to create a streamlined negotiation.
NEW QUESTION # 37
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.
- A. The user can view the PO information under the Purchasing tab in contract line of that contract in Procurement Contracts.
- B. The user can view the purchase order in the Deliverable tab of that contract in Procurement Contracts.
- C. The user cannot view the PO information in Procurement contract. They must navigate to Purchasing.
- D. The user can view the purchase order in the "Purchasing Activity" tab under the Fulfillment tab of that contract in Procurement Contracts.
Answer: D
Explanation:
You must run the Track Purchasing Activity process to display information about the status of purchase orders or agreements created in Oracle Fusion Purchasing on the contract fulfillment's Purchasing Activity tab.
NEW QUESTION # 38
Identify three attributes that are considered as Reference Data Sets and shared across Business Units in Cloud Procurement.
- A. Item
- B. Location
- C. Tax Classification
- D. Price
- E. Payment Terms
Answer: A,B,E
NEW QUESTION # 39
Which sequence of steps should you follow to configure an approval rule to automatically approve without being sent to an approver?
- A. Create the routing for the rule so that it is sent to the initiator, select the Routing type as Serial, and then set the Auto Action Enabled option to True.
- B. Create the routing for the rule so that it is sent to the initiator, set the Auto Action Enabled option to True, and then enter Approve in the auto action field.
- C. Create the routing for the rule so that it is sent to the initiator, enter Approve in the auto action field, and then set the Auto Action Enabled option to True.
- D. Create the routing for the rule so that it is sent to the initiator, select the Routing type as Serial, and then set the Auto Action Enabled option to True.
Answer: B
Explanation:
You can configure a specific rule to automatically approve without being sent to any approver. Modify the routing for that rule so that it is sent to the initiator (which means the requestor is the approver), set the Auto Action Enabled option to True, and enter APPROVE in the Auto Action field.
NEW QUESTION # 40
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