1Z0-1065-23 Online Practice Questions and Answers

Correct Answer: BCD

Correct Answer: A

Oracle Fusion Purchasingprovides the following purchase order types: purchase order, blanket purchase agreement, and contract purchase agreement. References:

Oracle Procurement Cloud Using Procurement (Release 9), page 131 Reference: https://docs.oracle.com/cd/E18727_01/doc.121/e13411/T354132T354136.htm#T477645 (see Specifying default price break types)

Correct Answer: AD

Correct Answer: A

You can choose to register the new supplier as a prospective supplier or a spend authorized. If you register the company as a prospective supplier, the supplier can participate as soon as its registration is approved. A prospective supplier can receive invitations, view a negotiation and respond. You can award the supplier business, but you cannot issue a purchase document for the supplier until it is approved for conducting financial transactions with your buying organization.

Correct Answer: BC

Explanation: The Responsive Self Service Procurement application allows you to view the list of current approvers of a requisition that's pending approval. However, there are some scenarios where the approvals are not displayed. One

scenario is when the approvals task flow has been initiated, but not yet completed. In this case, the approvals are still being processed and the list of approvers is not yet available. Another scenario is when there are errors in retrieving

approval details, or there could be any other infrastructure issues that prevent the display of approvals. In this case, you may see a message that says "Unable to retrieve approval details" or "Approval details are not available".

References:

View Current Approvers of a Requisition in the Responsive Self Service Procurement Application, Section 1: "View Current Approvers of a Requisition in the Responsive Self Service Procurement Application" Get Started with the Responsive

Self Service Procurement Application, Section 2:

"Review Requisitions"

Correct Answer: A

Explanation: The Display Master Item Packaging String in Shopping Flows feature allows you to display the master item's packaging string with UOM conversion information to users while they are shopping. The feature lets users know the exact quantity of items they are purchasing, especially when the UOM displayed on the search results page is different from the user's consumption UOM. To use this feature, you need to select the packaging string for the master item in the master item definition. A packaging string is a predefined UOM conversion that specifies how many units of one UOM are equivalent to another UOM. For example, a packaging string of 12 EA/CS means that 12 eachesare equal to one case. You can add a predefined packaging string when you create or edit a master item, or define a new packaging string to fit your requirements. References: Oracle Procurement Cloud 20D What's New1 PRC:SSP: What is Display Product Packaging String feature in fusion and how it is used2 Self Service Procurement 20D: Display Master Item Packaging String in Shopping Flows3 Define Items and Item Structures4 Add Packaging Strings to Items5

Correct Answer: D

Explanation: This option enables the customer to require any approved requisition to be reapproved whenever a buyer updates a catalog requisition line during requisition processing. This ensures that any changes made by the buyer are

reviewed and approved by the appropriate authority before the requisition is converted to a purchase order.

References:

Considerations for Setting Up Requisition Approval Task: This document explains the preconfigured requisition approval elements and how to configure requisition approval rules using the Manage Requisition Approvals task. Overview of

Managing Approvals and Notifications: This document provides an overview of the approval management framework and the approval rules management for procurement. It also describes the employee supervisor hierarchy approval rules

and the user-defined attributes assignments and routing.

Correct Answer: E

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"

Correct Answer: A

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:

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:

Create the Procurement Agent:

Enter the Procurement Agent Information:

Save the Procurement Agent:

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.

Correct Answer: A

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:

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:

Create the Business Unit:

Enter the Business Unit Information:

Save the Business Unit:

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.