1Z0-1065-21 Online Practice Questions and Answers

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 Style

B. Create a Negotiation Type.

C. Customize the Descriptive Flexfield.

D. Create a Purchasing Document Style.

E. Create a Negotiation Template.

An organization wants to establish a supplier onboarding process with qualification and evaluation. Only qualified suppliers should be eligible to supply their goods and service. How do you model this requirement using external supplier registration and supplier qualification management?

A. External Supplier registration-Prospective > Initiative > Supplier Response > Qualification Evaluation > Promoted as spend authorized

B. External Supplier registration-Prospective > Supplier Response > Promoted as spend authorized > Qualification Evaluation

C. External Supplier registration-Spend Authorized > Initiative > Supplier Response > Qualification Evaluation > Promoted as spend authorized

D. External Supplier registration-Spend Authorized > Supplier Response > Qualification Evaluation > Initiative

Your customer is implementing the full suite of Cloud procurement. They would like to know how best they

can utilize the Contract Terms library.

Identify three applications from where users can access the Contract Terms library for setting up "contract

terms" for different documents. (Choose three.)

A. Supplier Model

B. Self Service Procurement

C. Sourcing

D. Procurement Contracts E. Purchasing

Your customer is implementing Oracle Procurement Cloud applications with multiple Requisition Business Units. Each Business Unit has employees who need the ability to create requisitions. The customer does not want all employees in the organization to be able to create requisitions using the self-service application; however, they should be able to search for information (for example, contact details) relating to other employees. To restrict certain employees from being able to create requisitions, identify the inherited role that must be removed from the seeded Employee role.

A. Procurement Requester

B. Contingent Worker

C. Procurement Administrator

D. Employee

E. Procurement Preparer

Identify three seeded ruleset names under Business Process Model (BPM) tasks that have requisition approvals routed in the serial method.

A. PreApprovalLineConsensusRules

B. HeaderHierarchyRules

C. LineHierarchyRules

D. DistributionRules

E. DistributionHierarchyRules

F. DistributionConsensusRules

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.

Identify three attributes that are considered as Reference Data Sets and shared across Business Units in Cloud Procurement.

A. Item

B. Price

C. Payment Terms

D. Location

E. Tax Classification

A supplier has one corporate site location and three other site locations from where they supply goods to

your client locations. Each site must have its own contract for negotiating and they must be restricted from

viewing each other's negotiations.

How would you configure this?

A. by giving the Supplier Administrator role to the supplier contract

B. by restricting supplier contract access to a specific supplier site

C. by restricting supplier contract access to Supplier Level

D. by giving the Procurement Agent role to the supplier contract

Identify the three business benefits provided by the Manage Approval Rules user interface.

A. faster ramp-up time to set up approval rules

B. quick information search

C. support for common business requirements to route approvals based on aggregated information

D. minimal dependency on IT group for rules setup

E. ease of ordering items

Identify three activities performed by a Business Unit that has been configured only for the Procurement function.

A. Create/Manage Purchase Order

B. Create/Manage Supplier Sites

C. Create/Manage Supplier Invoices

D. Create/Manage Requisitions

E. Create/Manage Catalogs