1Z0-1065-23 Online Practice Questions and Answers

Correct Answer: AB

Correct Answer: BCE

Correct Answer: D

Sold-to BU: If the selected BU performs invoicing, then the same BU can be used as the Sold-to BU. However, in certain instances due to tax or legal reasons the client BU may only perform requisitioning with the supplier and another BU

assumes the liability for the purchases. In this case a different sold-to BU is selected. The list of soldto BUs that can beselected for a given client BU is determined by the Intercompany Transaction Flow setup. In addition, when a separate

Sold-to BU acts as an agent to the client BU an assignment must be created for the soldto BU in order for the BU to process invoices.

References:

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

Correct Answer: B

Provisioning Offerings The Provisioned column on the Configure Offerings page shows whether or not an offering is provisioned. While you are not prevented from configuring offerings that have not been provisioned, ultimately the users are not able to perform the tasks needed to enter setup data for those offerings until appropriate enterprise applications (Java EE applications) are provisioned and their location (end point URLs) is registered. References: https://docs.oracle.com/cloud/farel8/procurementcs_gs/FASUP/F1175419AN103FD.htm

Correct Answer: BE

Correct Answer: AB

Explanation: When you create an implementation project, you can select the offerings and functional areas that you want to implement by selecting the Enable check box for each option. This will generate a list of setup tasks for the selected

options. You can also see the status of each offering and functional area, such as Provisioned, Enabled, or Not Enabled. After creating the implementation project, you can update the status of each task to indicate the progress of the

implementation. You can set the status to In Progress, Implemented, or Not Applicable. This will help you to identify the stage of each offering and functional area in the implementation project.

References:

How You Use Implementation Projects to Manage Setup Oracle Fusion Applications Procurement Implementation Guide, Section 2.1:

"Create Implementation Project"

Correct Answer: D

Explanation: To enable the supplier contacts of a parent company to respond to the negotiations of their subsidiaries, the parent supplier must be added to the negotiation as an invited supplier. This will allow the parent supplier contacts to access the negotiation through the Oracle Supplier Portal and submit responses on behalf of the subsidiary supplier. The parent supplier can also view and monitor the negotiation progress and status. The parent supplier must have an active supplier portal user account and the appropriate roles and privileges to participate in the negotiation. References: How You Invite Suppliers to Negotiations1 Oracle Supplier Negotiations2 Response to Negotiations3

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: C

Explanation: To simplify supplier self-service registration and bypass mandatory supplier identifiers for some regions, you should use the Configure Supplier Registration and Profile Change Request task in the Setup and Maintenance work

area. This task allows you to define the registration settings for prospective and spend authorized suppliers, such as the required attributes, the approval rules, and the site assignments. You can also specify the supplier identifiers that are

mandatory or optional for each country or region. For example, you can make the tax registration number optional for suppliers in a region where it is not commonly used.

References:

Options to Configure Supplier Registration and Supplier Profile Change Request, Section 1: "Options to Configure Supplier Registration and Supplier Profile Change Request"

Configure Supplier Registration and Profile Change Request, Section 1:

"Configure Supplier Registration and Profile Change Request"

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.