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Oracle 1z0-1065-23 Exam Syllabus Topics:
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NEW QUESTION # 14
To improve usability and reduce errors, you have set a default negotiation template for each document type when creating or editing a negotiation style.
This feature is always enabled but you do not always see the template that was set on the negotiation style defaulting in.
What could be two reasons for this?
- A. It is a public template.
- B. It is a global template and the negotiation is created in the same BU as the template.
- C. The template is active at the time of creating the negotiation.
- D. The template is inactive at the time of creating the negotiation.
- E. It is a private template where only the template owner can use it.
Answer: D,E
Explanation:
Explanation
The default negotiation template for each document type is only applied when creating or editing a negotiation style if the template is active and public. If the template is inactive or private, the template will not be defaulted in. Therefore, the two reasons why you do not always see the template that was set on the negotiation style defaulting in are:
The template is inactive at the time of creating the negotiation. An inactive template cannot be used for creating or editing negotiations, and it will not be displayed in the list of available templates. You need to activate the template before you can use it as a default template.
It is a private template where only the template owner can use it. A private template is only visible and accessible to the user who created it, and it will not be shared with other users. You need to make the template public if you want to use it as a default template for all users.
References:
Create a Negotiation Template, section "Create a Negotiation Template", subsection "Default Negotiation Template".
Oracle Supplier Negotiations, section "Create Negotiations", subsection "Create Negotiations: Default Negotiation Template".
NEW QUESTION # 15
You want to send your purchasing documents from a specific organization-wide email address.
What task would you use to set this up?
- A. Manage Purchasing Value Sets
- B. Manage Purchasing Application Core Messages
- C. Manage Purchasing Profile Options
- D. Manage Purchasing Profile Messaging Options
- E. Manage Purchasing Messages
Answer: C
Explanation:
Explanation
To send your purchasing documents from a specific organization-wide email address, you need to use the task Manage Purchasing Profile Options. This task allows you to configure various profile options that control the behavior and functionality of the Purchasing application. One of these profile options is PO: Email Sender Address, which specifies the email address that appears in the From field of the email notifications sent to suppliers and internal users. You can set this profile option at the site level to apply it to all business units, or at the product level to apply it to a specific business unit.
References:
Implement Procurement - docs.oracle.com
PRC:PO: Supplier Communication from Email Address ... - My Oracle Support PRC:PO: Sending Purchase Order (PO) Email ... - My Oracle Support
NEW QUESTION # 16
During a discussion about your implementation, your client mentioned that they negotiate credits for equipment trade-ins.
How can you create this in the application?
- A. Create a requisition with a negative line.
- B. Create an agreement with a credit line.
- C. Create a purchase order template that supports credit lines.
- D. Create a document style that supports credit lines.
Answer: D
Explanation:
Explanation
A document style is a template that defines the layout and content of a purchasing document, such as a purchase order, a purchase agreement, or a requisition. You can create a document style that supports credit lines, which are purchase order lines with a negative amount to record credits to the ordered amount that you have negotiated with your supplier. For example, you can use a credit line to represent credit for an equipment trade-in. You can also specify other attributes for the documentstyle, such as the line types, the change order policies, the approval rules, and the communication methods.
References:
How You Create Purchase Order Lines with Negative Amounts
How You Enable Creation of Purchase Order Lines with Negative Amounts
Create Supplier Contracts from Negotiation Award
NEW QUESTION # 17
Within your organization, there is a problem of notification emails not always being recognized and being moved to the spam folder.
What do you first need to configure in order to enable the options for thefromand Replytoemail addresses?
- A. Business-to-Business Service (B2B)
- B. Public Key Infrastructure (PKI)
- C. Sender Policy Framework (SPF)
- D. Application Development Framework (ADF)
Answer: C
Explanation:
Explanation
Sender Policy Framework (SPF) is a protocol that allows the owner of a domain to specify which mail servers are authorized to send emails on behalf of that domain. This helps to prevent spoofing and phishing attacks by verifying the sender's identity. By configuring SPF for your Oracle Fusion Cloud Procurement application, you can enable the options for the from and reply to email addresses for supplier onboarding and profile management notifications. This will help your suppliers to trust the notifications and avoid them being marked as spam.
References:
How You Configure Sender Name and Email in Supplier Management Notifications1 Configure Purchase Order Email Approval Notifications Using Reports2
NEW QUESTION # 18
Your client wants to be able to automate the process to ask employees to evaluate their suppliers periodically and enable a touchless process to track supplier performance over time.
Which feature do they need to opt in to?
- A. Full Supplier Profile Change Management
- B. Conduct Internal Surveys for Supplier Qualification
- C. Sourcing Programs
- D. Assess Supplier Eligibility for Sourcing
Answer: B
Explanation:
Explanation
The feature that enables the automation of supplier evaluation by employees is Conduct Internal Surveys for Supplier Qualification. This feature allows you to create and publish internal surveys to collect feedback from employees who have interacted with suppliers. You can use predefined or custom questions, assign survey respondents, and schedule survey frequency. The survey responses are automatically captured and aggregated in the supplier qualification work area, where you can view the supplier performance scores and trends over time. This feature helps you to monitor and improve supplier performance, as well as identify potential risks and opportunities.
References:
Conduct Internal Surveys for Supplier Qualification
How You Conduct Internal Surveys for Supplier Qualification
Oracle Fusion Cloud Procurement: Supplier Qualification
NEW QUESTION # 19
You should regularly run reports to protect against fraud.
Which task do you use to select the attributes to be monitored for a supplier model?
- A. Manage Audit Policies
- B. Manage Common Options for Payables and Procurement
- C. Manage Transmission Configurations
- D. Configure Supplier Registration and Profile Change Request
- E. Configure Procurement Business function
Answer: A
Explanation:
Explanation
To select the attributes to be monitored for a supplier model, you use the Manage Audit Policies task in the Setup and Maintenance work area. This task allows you to enable auditing for various business objects, such as suppliers, supplier sites, supplier contacts, and supplier bank accounts. You can also select the attributes of each business object that you want to audit, such as supplier name, address, tax number, and so on. By enabling auditing, you can track the changes made to the supplier model and generate audit reports to protect against fraud.
References:
Overview of Audit Configuration, Section 2.1: "Enable Auditing for Business Objects" Supplier Profile Audit History Setup and Reporting, Section 1: "Supplier Profile Audit History Setup and Reporting"
NEW QUESTION # 20
Challenge 5
Manage Procurement Agents
Scenario:
Your procurement organization requires you to define yourself as a purchasing buyer so that you can create and manage procurement transactions.
Task
Define a Procurement Agent, where:
Procurement BU is US1 Business Unit
. Agent is mapped to your assigned Login username - Student, PRCXX (Replace xx with 01, which is your allocated User ID.)
All default procurement actions are to be assigned and accepted as-is
Answer:
Explanation:
See below in Explanation for each Step.
Explanation
To define a Procurement Agent, you can follow these steps:
Navigate to the Setup and Maintenance work area and search for the Manage Procurement Agents task.
Click on the Go to Task icon to open the Manage Procurement Agents page.
Click on the Create icon to create a new procurement agent.
Enter the following information in the Create Procurement Agent dialog box:
Procurement Business Unit: US1 Business Unit
Agent: Student, PRC01
Procurement Actions: Select all the check boxes to assign all the default procurement actions Click on the Save and Close button to save the procurement agent.
You have successfully defined a procurement agent. You can verify the procurement agent details by searching for it in the Manage Procurement Agents page. For more information on how to define and manage procurement agents, you can refer to the Define Procurement Agents (Oracle Fusion Cloud Procurement Implementation Guide) document.
Or the following steps:
Following the scenario, we need to define you (Student, PRCXX) as a Procurement Agent with access to manage procurement transactions in the US1 Business Unit.
Here are the steps to define the Procurement Agent:
Navigate to Manage Procurement Agents:
Go to the Global Navigation Menu.
Click on Procurement.
Click on Setup and Maintenance.
Click on Procurement Agents.
Create the Procurement Agent:
Click on the Create icon (+ icon).
Enter the Procurement Agent Information:
Procurement BU: Select "US1 Business Unit".
Agent: Enter your assigned Login username - "Student, PRCXX" (replace xx with 01).
Requisitioning BU: (Optional) You can select a specific Requisitioning Business Unit if you primarily handle requests from that unit. Otherwise, leave it blank.
Default Procurement Actions: Select "Use Defaults". This assigns all default procurement actions (create purchase orders, issue requisitions, etc.) to you.
Save the Procurement Agent:
Click on the Save button.
Verification:
You should now be listed as a Procurement Agent in the Manage Procurement Agents page.
You can verify your assigned actions and Business Units by clicking on your record.
You should be able to create and manage procurement transactions within the US1 Business Unit.
Additional Notes:
Make sure to replace "xx" with your allocated User ID (01) in the Agent field for accurate identification.
Selecting "Use Defaults" assigns all standard procurement actions to you. You can customize these actions later if needed.
Remember that your access level and permissions within the Procurement module will be determined by your Procurement Agent role and associated Business Units.
NEW QUESTION # 21
An electronics parts manufacturer has decided to implement only the Purchasing application from the Oracle Fusion Cloud Procurement pillar.
Which setup component will they NOT require for this implementation?
- A. Document Style
- B. Procurement Agents
- C. Change Order Template
- D. Cost Factors
- E. Requisitioning Business Function
Answer: D
Explanation:
Explanation
Cost factors are used to identify charges associated with a negotiation line in addition to price, such as shipping and handling, retooling, or import duties. Cost factors are part of the Supplier Negotiation application, which is not required for implementing only the Purchasing application. The other options are all setup components that are needed for the Purchasing application.
References:
Create Cost Factors
REST API for Oracle Fusion Cloud Procurement - External Cost Factors and External Cost Factors
NEW QUESTION # 22
Challenge 3
Manage Purchasing Line Types
Scenario:
Your business unit requires a new line type for purchasing transactions.
Task3:
Create a new Purchasing Line Type, where:
. Name of the line type is PRCXX Computer Goods (Replace xx with 01, which is your allocated User ID.)
Code is PRCXXCOMP
. Purchase basis is quantity-based for the Goods product type
. Line type is linked to the Computer Supplies category
. Unit is Ea
Answer:
Explanation:
See below in Explanation for each Step.
Explanation
To create a new Purchasing Line Type, you can follow these steps:
Navigate to the Setup and Maintenance work area and search for the Manage Purchasing Line Types task.
Click on the Go to Task icon to open the Manage Purchasing Line Types page.
Click on the Create icon to create a new line type.
Enter the following information in the Create Line Type dialog box:
Name: PRC01 Computer Goods
Code: PRC01COMP
Purchase Basis: Quantity
Product Type: Goods
Category: Computer Supplies
Unit of Measure: Ea
Click on the Save and Close button to save the line type.
You have successfully created a new Purchasing Line Type. You can verify the line type details by searching for it in the Manage Purchasing Line Types page. For more information on how to define and use line types, you can refer to the Defining Line Types (Oracle Purchasing Help) document.
Or use the following:
Following the scenario, we need to create a new Purchasing Line Type in Oracle Procurement Cloud named
"PRCXX Computer Goods" (replace xx with 01) for purchasing computer supplies.
Here are the steps to create the Purchasing Line Type:
Navigate to Manage Purchasing Line Types:
Go to the Global Navigation Menu.
Click on Procurement.
Click on Setup and Maintenance.
Click on Purchasing Line Types.
Create the Purchasing Line Type:
Click on the Create icon (+ icon).
Enter the Purchasing Line Type Information:
Name: Enter "PRCXX Computer Goods" (replace xx with 01).
Code: Enter "PRCXXCOMP".
Purchase Basis: Select "Quantity-Based".
Product Type: Select "Goods".
Category: Select "Computer Supplies".
Unit: Enter "Ea" (for Each).
Description: (Optional) Enter a brief description of the line type.
Map Accounts:
Click on the Map Accounts tab.
Select the appropriate accounts for the following:
Inventory Asset Account
Inventory Expense Account
Cost of Goods Sold Account
Click on the Save and Close button.
Save the Purchasing Line Type:
Click on the Save button.
Verification:
The Purchasing Line Type "PRCXX Computer Goods" (replace xx with 01) should now be listed in the Manage Purchasing Line Types page.
You can verify the details of the line type by clicking on it.
The purchase basis, product type, category, unit, and mapped accounts should be displayed as specified above.
Additional Notes:
Make sure to replace "xx" with your allocated User ID (01) in both the Purchasing Line Type name and code for consistent naming convention.
Mapped accounts define where the financial transactions associated with this line type will be posted in the General Ledger.
Carefully review the mapped accounts to ensure they are aligned with your organization's accounting practices.
NEW QUESTION # 23
When you are creating your purchase orders, you want to be able to apply discounts to all purchase order lines with a single action and have opted in to the feature.
Which are the two conditions when the base price CANNOT be changed?
- A. The purchase order line is for catalog items.
- B. The purchase order tine is created from a punchout marketplace that does not allow the price to be changed.
- C. The purchase order line is received or billed, and the procurement business unit configuration does not allow manual price updates.
- D. The purchase order line is included on a Procurement Contract.
Answer: B,D
Explanation:
Explanation
The base price of a purchase order line cannot be changed if the line is created from a punchout marketplace that does not allow the price to be changed, or if the line is included on a procurement contract. These are the two conditions that prevent the application of discounts to all purchase order lines with a single action.
References:
Oracle Fusion Applications Procurement Implementation Guide, section "Purchase Order Pricing", subsection "Price Change Conditions".
PRC:PO: Purchase Order Price Is Not Updated After A Change Order ..., section "Cause", subsection
"Solution".
NEW QUESTION # 24
Which seeded role must be associated with a supplier user account for the supplier to be able to respond to invited negotiations?
- A. Supplier Customer Service Representative
- B. Supplier Self Service Administrator
- C. Supplier Contract Manager
- D. Supplier Bidder
- E. Supplier Sales Representative
Answer: D
Explanation:
Explanation
The seeded role that must be associated with a supplier user account for the supplier to be able to respond to invited negotiations is Supplier Bidder. This role grants the supplier user the ability toview and respond to negotiations, create and manage responses, and view award decisions. The other roles are not relevant for this purpose.
References:
Supplier Administrator (Abstract Role) - Oracle, section "Supplier Bidder (Abstract Role)".
Set Up Supplier Roles - Oracle, section "Supplier Bidder Role".
NEW QUESTION # 25
Challenge 2
Manage Business Unit
Scenario:
Your organization needs to establish a business unit to manage its procurement activities and assign it to the newly created purchasing location in Redwood City, CA.
Task2
Create a new Business Unit for your purchasing organization, where you need to:
. Name the business unit as PRCXX Business Unit (Replace xx with 01, which is your allocated User ID.)
. Assign the location previously created
. Link to the USLOCS default set
Answer:
Explanation:
See below in Explanation for each Step.
Explanation
To create a new Business Unit for your purchasing organization, you can follow these steps:
Navigate to the Setup and Maintenance work area and search for the Manage Business Unit task.
Click on the Go to Task icon to open the Manage Business Unit page.
Click on the Create icon to create a new business unit.
Enter the following information in the Create Business Unit dialog box:
Name: PRC01 Business Unit
Location: PRC01 Location
Default Set: USLOCS
Click on the Save and Close button to save the business unit.
You have successfully created a new business unit for your purchasing organization. You can verify the business unit details by searching for it in the Manage Business Unit page.
Or use the following Steps:Following the scenario, we need to create a new Business Unit in Oracle Procurement Cloud for your purchasing organization and assign the previously created location in Redwood City, CA.
Here are the steps to create the Business Unit:
Navigate to Manage Business Units:
Go to the Global Navigation Menu.
Click on Setup and Maintenance.
Click on Business Units under Common Tasks.
Create the Business Unit:
Click on the Create icon (+ icon).
Enter the Business Unit Information:
Name: Enter "PRCXX Business Unit" (replace xx with 01).
Default Location: Select "PRCXX Location" (replace xx with 01) from the dropdown list.
Default Set: Select "USLOCS" from the dropdown list.
Description: (Optional) Enter a brief description of the business unit.
Save the Business Unit:
Click on the Save button.
Verification:
The Business Unit "PRCXX Business Unit" (replace xx with 01) should now be listed in the Manage Business Units page.
You can verify the details of the business unit by clicking on it.
The default location and set should be displayed as "PRCXX Location" (replace xx with 01) and
"USLOCS," respectively.
Additional Notes:
Make sure to replace "xx" with your allocated User ID (01) in both the Business Unit name and code for consistent naming convention.
Assigning the US Location Set to the Business Unit ensures that it inherits the legal entities, accounts, and other context information from that set.
NEW QUESTION # 26
Your customer requires a consignment order to be automatically created whenever a self-service Requester creates a purchase requisition.
How do you set this up?
- A. Assign all the requisition lines to the consignment buyer.
- B. Select the "Source from consignment" check box and set Urgent to 'Yes'* during requisition creation through self-service.
- C. Create a consignment agreement with touchless buying options enabled on the Controls tab to automatically generate orders.
- D. Enable all the requisition line items to be sourced from the consignment source.
Answer: C
Explanation:
Explanation
A consignment agreement is a type of purchasing document that defines the terms and conditions for consignment purchases. Consignment purchases are purchases ofgoods that are paid for only after the goods are used or sold by the purchasing organization. To enable automatic creation of consignment orders from requisitions, you need to create a consignment agreement with touchless buying options enabled on the Controls tab. Touchless buying options allow you to specify the criteria for automatically generating orders from requisitions without human intervention. You can also define the default attributes and processing options for the orders, such as document style, change order tolerance, and communication method.
References:
How can I create a purchase order for consignment inventory items?1
Create and Monitor Agreements in Oracle Fusion Purchasing2
NEW QUESTION # 27
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