1Z0-1065-23 Online Practice Questions and Answers

Correct Answer: B

Correct Answer: E

Correct Answer: AB

Correct Answer: D

Correct Answer: C

The options for budgetary control settings are as follows: Absolute, Advisory, end None Absolute: If Absolute is entered, the transaction is rejected unless funds are available. Advisory: If Advisory is entered, the transaction is approved even

when no funds or insufficient funds are available.

None: If None is entered, all transactions are approved and there is no funds check.

References:

https://docs.oracle.com/cd/E18727_01/doc.121/e13567/T237204T237227.htm

Correct Answer: BD

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".

Correct Answer: D

Explanation: When you set the Overall Ranking Method to Composite scoring, you can assess suppliers on both pricing and qualitative aspects. Qualitative aspects include requirements such as technical capabilities, other commercial considerations, or risk. You can assign weights to requirement sections, including pricing, and calculate a composite score for each supplier based on their response amount and requirement scores. The composite score is a combination of the relative score for pricing and the weighted requirement score. The higher the composite score, the higher the overall rank. This way, you can rank suppliers not just based on the best pricing offered, but also on how well they meet your requirements. References: Rank Suppliers Based on Composite Score of Pricing and Requirements1 Oracle Supplier Negotiations2

Correct Answer: A

Explanation: The Supplier Administrator job role is the only one that can provision user accounts to their own employees in the Supplier Portal. This role allows the supplier contact to manage supplier profile and user provisioning, as well as

perform other tasks related to supplier master data, supplier qualification, and supplier registration. The other job roles do not have the privilege to create or modify supplier user accounts.

References:

Oracle Fusion Supplier Portal Important Roles

Supplier Administrator (Abstract Role)

Supplier Portal Job Roles and Tasks

Correct Answer: D

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".

Correct Answer: A

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:

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:

Create the Purchasing Line Type:

Enter the Purchasing Line Type Information:

Map Accounts:

Save the Purchasing Line Type:

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.