1z0-1065-21 | Oracle Procurement cloud 2021

Practice tests

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Practice Test 1: Expert Level Questions

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Practice Test 2: Advance Level Questions

Question 1Skipped

What two setups are required to implement and enable abstracts with negotiations?

Question 2

Desktop Integration with MS Excel spreadsheet to manage large volumes of data uploads in Fusion can
be achieved by what tool?

Question 3

Identify three application standard lookups that are available in the Setup and Maintenance task list
"Define Supplier Configuration".

Question 4

For Payables and Procurement, what three common controls and default values need to be set for each
business unit?

Question 5

What is the earliest point that funds can be reserved for requisitions, during implementation and funds
reservation for Budgetary Control?

Question 6

Your customer is implementing Cloud Procurement across two countries: A and B. They need
intercompany transactions to be carried out between these two entities. Identify the setup to fulfil this
requirement.

Question 7
While creating a Purchase Order, you observe that the system is defaulting Net 30 as the payment term
instead of the intended payment term Net 15. Identify two ways to achieve the desired defaulting.

Question 8

During a Procurement Contract implementation, a customer would like to set up approvals for
procurement contract documents. The customer has four departments and any contract needs to be
approved by all the four department users. Identify the configuration to fulfil this requirement.

Question 9

During an Oracle Procurement Cloud implementation, you are going to implement Purchasing and Self
Services Procurement. Identify the configuration step that will ensure that the tasks related to the other
Procurement Cloud products like Supplier Portal Cloud are not available in Functional Setup Manager
(FSM) during configuration.

Question 10

A supplier sales representative wants to track and manage their agreements and have the ability to add
and edit catalog content for agreements online. Identify two duty roles that accomplish this
requirement.

Question 11

Identify the Duty role that you need to associate with the Job role to enable the "new supplier request"
functionality.

Question 12

For external supplier self-service registration, you can define web pages and specify the URL for each
page, for prospective and spend authorized suppliers. In Setup and Maintenance which task should be
used for this purpose?

Question 13

At your client location, the marketing manager wants to run reports and analytics based on
procurement subject areas, but he should not be able to view purchase orders. Which procurement role
should you assign to him?

Question 14

For audit compliance, you require supplier bank account changes made by your supplier administrator
to be approved. Which step achieves this? (Choose the best answer.)

Question 15
In Self Service Procurement, a user is not able to search for one of the inventory items. Identify three
configuration issues that could be causing this problem.

Question 16

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.

Question 17

Your customer requires that any approved requisition needs to be reapproved whenever a buyer
updates a catalog requisition line during requisition processing. Identify the correct setup to fulfil this
requirement.

Question 18

Your customer tells you that when they cancel a Purchase Order, the requisition referring to that
Purchase Order should also be automatically cancelled. Identify the setup that needs to be performed to
fulfil this requirement.

Question 19

You created a sourcing two-stage sealed RFQ and invited five suppliers to participate. The Technical
stage is completed and the Commercial stage is unlocked. At this time in the award negotiation section,
in the Award Line you are able to see only three supplier's responses as active responses. You are not
able to see the other two suppliers' data in the active responses. Which two reasons are causing this?

Question 20

Which method should you choose to manage setup data if you have a need to configure and modify the
default setup best practices? (Choose the best answer.)

Question 21

A supplier sales representative wants to track and manage their agreements and have the ability to add
and edit catalog content for agreements online. Identify two duty roles that accomplish this
requirement.

Question 22

Your category manager wants to have the ability to conduct forward auctions in the Sourcing Cloud to
liquidate excess inventory. What feature should be enabled to allow this?
Question 23

Identify the functionality of Self Service Procurement that allows a Requester a 360 degree view of any
purchasing document, such as a Requisition or PO.

Question 24

Identify the document in which the Supplier field is not mandatory.

Question 25

You have the following business requirements while configuring applications with related roles: @ When
creating an implementation project, you want to see the list of Offerings and Functional Areas that are
configured for the project. @ You want to identify which stage are all Offerings and Functional Areas in.
Identify two setups that fulfill these requirements. (Choose two.)

Question 26

You want Supplier Accounts to be created by external supplier users in Supplier Portal. Which Supplier
Registration option would allow this?

Question 27

You are setting up Oracle Cloud Sourcing. You would like participants to provide Insurance and Freight
cost for the quotation/RFQ (Request for Quotation) lines. Identify the configuration that will fulfil this
requirement.

Question 28

Identify two tasks that can be performed in the Functional Setup Manager by a customer when
configuring setup data.

Question 29

Which three common procurement business objects can be managed on an ongoing basis while the
application is in use?

Question 30

Which of the following business criteria decides whether to create a Blanket Purchase Agreement?

Question 31

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

Question 32
Your customer wants to configure four business units (BUs) as follows: ® Korea. China BUs that perform
only requisitioning—related business processes and tasks. @ A US BU that is configured as a shared
Procurement BU with only the Procurement function enabled. @ A Singapore BU that provides only
payment services for both Korea and China BUs. Identify an applicable setup to represent hobw the
business unit is used

Question 33

What is required to make data available in Oracle Procurement Cloud Transactional Business Intelligence
graphs?

Question 34

What are the three different types of category hierarchies available within Oracle Procurement Cloud?

Question 35

Identify the complete sequence for the Procure-to-Pay flow.

Question 36

Your customer has three Business Units, of which two are requisitioning Business Units and one is a
Procurement Business Unit. They want to define each document number based on document type and
business unit combination in Oracle Procurement Cloud. Which Functional Setup Manager task can be
used to accomplish these requirements?

Question 37

During Oracle Procurement Cloud implementation, one of the requirements of the customer is to
capture the revision history of Purchase Orders when 'notes to receiver' is entered or updated as part of
a Change Order. Identify the setup that needs to be performed in order to capture change history when
a user updates 'notes to receiver' as part of the Change Order.

Question 38

Which areas are part of the streamlined procure-to-pay process in Oracle Procurement cloud

Question 39

You are in negotiations with a set of suppliers. After the award process was completed, you were told
that none of the suppliers received any email notification. Identify two applicable reasons for this.

Question 40

Acme Corporation has provided the following requirement in Fusion Procurement: If the category on the
requisition line is IT service (Category ID - 11423), approvals from "IT Service Category Approval Group"
are required. Identify the rule setup in Business Process Model (BPM) tasks to meet this requirement.
Question 41

Self Service Procurement uses Browsing categories to help users to search for desired items. Which
statement is true?

Question 42

Your client's business requires that only requester A is provided access to the punchout catalog and not
requester B. Identify the configuration to achieve this.

Question 43

A customer wants to be able to see the recoverable and non recoverable components of inclusive taxes
in addition to existing exclusive taxes on purchase orders. In the Manage Configuration Owner Tax task,
which option can achieve this?

Question 44

Your customer tells you that the agreement document sequencing should be 10-digit numbers starting
with 999 (for example 9990000001, 9990000002, and so on) and the negotiation document sequencing
should also be 10-digit numbers but should start with 777 (for example 7770000001, 7770000002, and
so on). Identify the functional task where you will set up the required document numbering.

Question 45

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

Question 46

In order to define a shipping method, what three options need to be set?

Question 47

In Setup and Maintenance within the Setup page, you can export tasks to a CSV file. Which two are
reasons to use this feature?

Question 48

As part of an Oracle Procurement Cloud implementation you need to implement Purchasing and Self
Services Procurement and do not want Procurement Contracts. What configuration step will ensure that
the appropriate Functional Areas are available for configuration in the Functional Setup Manager (FSM)?

Question 49

Five requisition lines of a single requisition document are available to process on to purchase order. But
the buyer returned one requisition line to the requester for quantity modification. What will be the
effect of this action on the remaining four requisition lines?
Question 50

John, Jane are requesters. The client has the following ask - 1. Jane should have access to the Dell
punchout catalog whereas John should not 2. John should have access to Consulting Smart Forms and
Jane should not Identify the 2 configurations to achieve this.

Question 51

After gathering requirements from the business leads of customer organization, you have set up the Bill-
to location at multiple places during Oracle Procurement Cloud implementation. Identify the source
from which the purchase order defaults the Bill-to location.

Question 52

You have defined your negotiation style and named it "ABC negotiation style". Subsequently, you try to
add collaboration team members on a negotiation that is based on the "ABC negotiation style" and find
that the "Collaboration Team" field is disabled. Identify the cause.

Question 53

Supplier Qualification management allows which?

Question 54

Your customer wants to configure six BUs: five Requisitioning BUs and one BU configured as a shared
Procurement BU with only the Procurement function enabled. How will you define the relationship
between the Requisitioning BUs and the Procurement BU?

Question 55

A customer's procurement manager has the authority to approve office supply Purchase Orders up to
$6,600.00. For all other types of Purchase Orders, there is no approval hierarchy. The customer is
located in Kandy and the purchasing category for office supplies is Office Supplies. The COA (Chart of
Accounts) format is: Company. Business Unit.CostCenter.Account. The future and segment values are 01
for the company, 220 for the Business Unit, 339 for the cost centre, 67887 for the account, and the
future is always 000000. Identify the approval group setup that would enable this purchasing practice.

Question 56

During Fusion Procurement implementation, the customer provides you with their company logo. They
want you to place the logo on the header of the PDF report that gets generated for purchase
requisitions for all requisitioning business units. Where will you configure this setup?

Question 57

Identify two control option that are enabled when a buyer selects the 'Group requisition lines' field
while creating a Blanket Purchase Agreement. (Choose two.)
Question 58

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?

Question 59

Which three business users can submit a new supplier registration request ?

Question 60

While configuring offerings, you had deselected the "Supply Chain Financial Orchestration of
Procurement Flows" check box and had locked the feature. However, because of changes in the
business requirements, you are required to enable the feature. Identify the prerequisite step to perform
this change.

Question 61

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.

Question 62

In the Enterprise Structures setup, which functional area includes tasks to implement Business Units and
Inventory Organizations?

Question 63

In the Oracle Procurement Cloud Setup Flow, which three components are within the Common
Procurement Configuration set of tasks?

Question 64

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.

Question 65

Purchasing document descriptive flexfields and value sets provide a way of capturing additional
information for display and reporting. What three purchasing documents can make use of descriptive
flexfields?
Question 66

During Oracle Procurement Cloud implementation, all users have been assigned the seeded Employee
role. This role inherits HCM-related links such as Benefits and Career. However, the customer does not
want these links to appear in the navigator for the employees. You have, therefore, been asked to hide
these links so that users do not see them in the navigator when they log in. Which configuration will you
implement so that these links are not visible in the navigator?

Question 67

For which is a Two Stage RFQ best Suited?

Question 68

You define a payment term Net 30 in the "Define Payment Terms" task. While configuring a supplier,
you try to assign the payment term Net 30 to a supplier site but the list of values (LOV) is empty.

Question 69

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

Question 70

During a Procurement Contract implementation, a customer would like to set up their own line type for
buying services. They intend to use this line type for negotiating terms for future purchase of services
and do not have a defined scope of work. Identify the source that the customer needs to select while
creating the line type to meet this requirement.

Question 71

You are setting up Fusion Sourcing. You would like participants to provide Insurance and Freight cost for
the quotation/RFQ lines. Identify the configuration that will fulfil this requirement.

Question 72

Identify two Business Intelligence metrics that help users to compare prices through Oracle Sourcing.

Question 73

Oracle Social Network (OSN) is used for: (Select all that apply):

Question 74

When configuring the procurement business function document types, which two purchasing
documents require change order templates to be set?

Question 75
When defining supplier content map sets, which three values should you select that may be converted
to values in the procurement business unit? (Choose three.)

Question 76

An automobile parts manufacturer has decided to implement only the Cloud Purchasing product from
the Oracle Procurement Cloud pillar. Which setup component will not be required for this
implementation?

Question 77

Which statement is true regarding terms and conditions?

Question 78

On completion of a Negotiation Award using a negotiation template, you are trying to create a
purchasing document and system provides you the option to create a Blanket Purchase Agreement
(BPA) only, whereas you expected to get an option to create a Contract Purchase Agreement (CPA).
Identify the reason for this.