1Z0-1065-22 Online Practice Questions and Answers

While creating a Contract Purchase Agreement, a buyer tries to add a Contract Template to it, but the List of Values (VOL) is empty. Identify three applicable reasons for this issue.

A. The Contract Template is in `Approved' status.

B. The document type associated with the Contract Template is `Purchase Order'.

C. The document type associated with the Contract Template is `Contract Purchase Agreement'.

D. The Contract Template is not `Approved'.

E. The document type associated with the Contract Template is `Blanket Purchase Agreement'.

During the User acceptance testing of your Cloud Procurement implementation, a user has created a purchase order and is trying to submit the purchase order for approval. On clicking Submit, the user gets a "Funds check failed" error. Identify the cause of this error.

A. Funds are insufficient and budget type is "Track".

B. Funds are insufficient and budget type is "Advisory".

C. Funds are insufficient and budget type is "Absolute".

D. Funds are available but the approver is not set up as "Budget Manager" for the selected budget for the business unit.

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.

Your customer is using Cloud Supplier Qualification Management and Procurement Sourcing. What three actions can the category manager take within a negotiation to solicit additional information from suppliers or internal users? (Choose three.)

A. Solicit information in your negotiation that in in addition to negotiation lines.

B. Copy Supplier Qualification Questions in the negotiation as a requirement.

C. Copy the Supplier Qualification Area and use it as a requirement section.

D. Create reusable Supplier Qualification questions directly in the negotiation.

A buyer is creating a purchase requisition using `Catalog Superstore', and intends to compare items before adding them to the shopping list. Identify the maximum number of items that are allowed by the application for side-by-side item comparison.

A. 4

B. 8

C. 5

D. 6

E. 7

A Procurement Contracts user wants to create a deliverable with output document as Purchase Order in Oracle Purchasing Cloud. The user would like to know the status of the PO creation and also details of the PO. Identify the location where the user can view this information.

A. The user cannot view the PO information in Procurement contract. They must navigate to Purchasing.

B. The user can view the purchase order in the Deliverable tab of that contract in Procurement Contracts.

C. The user can view the purchase order in the "Purchasing Activity" tab under the Fulfillment tab of that contract in Procurement Contracts.

D. The user can view the PO information under the Purchasing tab in contract line of that contract in Procurement Contracts.

You are implementing Cloud Procurement contracts and during user acceptance testing, the user would like to create clauses in the Cloud applications similar to what were available in their legacy Contract application. Identify two ways to create clauses as per their requirement. (Choose two.)

A. Import Clauses from the Contracts workarea page.

B. Manage Contract Standard Clauses, Templates, and Profiles from Functional Setup Manager.

C. Create Clauses from the Contracts workarea page.

D. Manage Contract Standard Clauses from Functional Setup Manager.

In which Functional setup Manager task is Next Purchase Order Number set up?

A. Manage Common Options for Payables

B. Configure Procurement Business Function

C. Define a sequence for auto numbering and assign it back in Configure BU numbering setup

D. Configure Requisitioning Business Function

Your customer has the following approval hierarchy:

1.

Role: Employee; Document: Purchase Requisition; Approval Limit: $3500

2.

Role: Manager; Document: Purchase Requisition; Approval Limit: $6700

3.

Role: Senior Manager; Document: Purchase Requisition; Approval Limit: $12000 Purchase Order requisitions are set up with an approval method of Employee-Supervisor hierarchy and a Forward method of Direct. "Can Change Forward-To" is set to No. An employee has created a purchase requisition with a total amount of $8200, and wants the manager to review the requisition electronically before it is approved.

How can this requirement be fulfilled?

A. Advise the employee to change the Forward-To on the requisition to the manager.

B. Advise the employee to print the requisition, scan it into an email, and then email it to the manager.

C. Advise the manager to have the senior manager forward the requisition back to the employee before approving.

D. Advise the employee to have the manager review the requisition via the requisition summary form before submitting the requisition for approval.

During a Cloud Procurement implementation, you have gathered the required details for setting up approvals for blanket purchase agreements. Identify the task under which you will need to configure the business rules setup in approval management system:

A. `Requisition approval' task

B. `Purchasing document management'task

C. Manage Purchasing Document Approval

D. `Blanket agreement approval' task

E. `Purchasing agreement approval' task