1Z0-1065-23 Online Practice Questions and Answers

Correct Answer: DE

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.

References:

https://docs.oracle.com/cd/E56614_01/procurementop_gs/OAPRC/F1007476AN1079E.htm

Correct Answer: ABC

Reference: http://docs.oracle.com/cd/E37017_01/doc.1115/e22658/F424214AN124DD.htm

Correct Answer: CDF

The two-stage RFQ process involves the submission by the suppliers of a technical quote and a commercial quote. The technical quotes are opened and evaluated first to determine a list ofqualified suppliers, and only then are the commercial quotes of the qualified suppliers opened and evaluated. TWO STAGE RFQ Ensure impartial judgment of supplier responses in markets that require technical and commercial evaluation of proposals to be doneindependently. While suppliers submit their responses as a single bid package, category managers first analyze the technical merits of the proposal while the commercial aspects of the bid remain sealed. Commercial details of bids that pass the technical evaluation are disclosed in the second evaluation phase, while the details of failed bids remain sealed. Category managers enter surrogate responses on behalf of suppliers by submitting the technical terms of the proposal during the first stage of the negotiation, and only entering the commercial terms if the first stage evaluation is successful. References:

See What's Coming in Oracle Procurement Cloud (Release 9), page 8 https://fusionhelp.oracle.com/helpPortal/topic/TopicId_P_EDADAB5CC7CF0747E040D30A68811553

Correct Answer: C

With Oracle Fusion Transactional Business Intelligence embedded analytics, role-based dashboards, and on-the- fly ad hoc reportingcapabilities make data access and interpretation easier than ever before. Users are able to see updates in

real-time, and their impact, through embedded analytics. For example, during the compensation budgeting process, a manager is able to see a running tally for reference right on the page.

References:

http://www.oracle.com/us/products/applications/fusion/hcm-fusion-transactional-bi-1543884.pdf

Correct Answer: A

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.

Correct Answer: BCD

Correct Answer: B

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: B

Explanation: To access the Responsive Self Service Procurement application from the navigator or the springboard on all form factors, you need to complete the Elastic search setup after opting in. Elastic search is a smart search engine that provides fast and accurate results for catalog items and services. It also supports features such as auto- suggest, spell check, and synonym search. You can configure the Elastic search settings in the Manage Search Indexes task in the Setup and Maintenance work area. References: Get Started with the Responsive Self Service Procurement Application How You Configure Oracle Procurement for the Responsive Self Service Procurement Application Use Responsive Self Service Procurement Application

Topic 2, Performance BasedChallenges

Correct Answer: A

To create an Inventory Organization to receive procurement transactions, you can follow these steps:

Navigate to the Setup and Maintenance work area and search for the Manage Inventory Organizations task.

Click on the Go to Task icon to open the Manage Inventory Organizations page. Click on the Create icon to create a new inventory organization. Enter the following information in the Create Inventory Organization dialog box:

Click on the Save and Close button to save the inventory organization. You have successfully created an inventory organization to receive procurement transactions. You can verify the inventory organization details by searching for it in the

Manage Inventory Organizations page. For more information on how to create and manage inventory organizations, you can refer to the Inventory Organizations document.

Or use the following steps:Following the scenario, we need to create a new Inventory Organization in Oracle Procurement Cloud named "PRCXX Organization" (replace xx with

01) to receive procurement transactions.

Here are the steps to create the Inventory Organization:

Navigate to Manage Inventory Organizations:

Create the Inventory Organization:

Enter the Inventory Organization Information:

Define Item Sourcing Details:

Save the Inventory Organization:

Verification:

The Inventory Organization "PRCXX Organization" (replace xx with 01) should now be listed in the Manage Inventory Organizations page. You can verify the details of the organization by clicking on it. The linked Business Unit, Legal Entity,

Location, Item Master Organization, Item Grouping Behavior, and Schedule should be displayed as specified above. Additionally, the Item Sourcing Details should reflect the defined values for picking, lead time, subinventory, and shipping

rules.

Additional Notes:

Make sure to replace "xx" with your allocated User ID (01) in both the Inventory Organization name and code for consistent naming convention. The Item Master Organization defines the organization responsible for managing item

information.

The Item Grouping Behavior determines how items are grouped for inventory purposes.

The Schedule defines the calendar used for scheduling inventory transactions. Carefully review and configure the Item Sourcing Details to ensure proper receipt and fulfillment of procurement transactions within your organization.