[Dec-2021] 1Z0-1065-20 Pre-Exam Practice Tests | Exam Questions and Answers for Oracle Procurement Cloud Study Guide
Oracle Procurement Cloud 2020 Implementation Essentials Certification Sample Questions
Understanding functional and technical aspects of Oracle Planning 2020 Implementation Essentials 1Z0-1065-20 Planning Modules
The following will be discussed in the ORACLE 1Z0-1065-20 dumps:
- Monitor Planning maintenance and upgrades
- Maintain Planning
- Leverage best practices for Capital
- Migrate artifacts
- Schedule jobs
- Configure Financials
- Introduction to Strategic Modeling
- Manage Metadata and Data
- Perform post configuration tasks
- Planning Overview
- Manage Planning with EPM Automate
- Create and manage navigation flows
- Set up Planning
- Leverage best practices for Financials
- Enable and configure Financials
- Manage Forms, Dashboards, Infolets, and Navigation Flows
- Build validation rules
- Integrate Projects with Capital
- Identify metadata and data load options
- Import and export data into Planning
- Run rules to add assets
- Integrate Projects with Financials
- Create financial reports
- Describe Planning and requirements
- Describe the configuration process for Financials
- Run simulations
- Configure Capital
- Set up models
- Describe the configuration process for Capital
- Enable and configure Capital
- Report on Planning Data
- Describe Strategic Modeling
- Integrate Capital with Financials
- Design forms, dashboards, and infolets
- Set up and configure security
- Import and export metadata into Planning
- Integrate Workforce with Financials
- Set up and run data maps
Who should take the Oracle Planning 2020 Implementation Essentials 1Z0-1065-20
The Planning Cloud 2020 Certified Implementation Specialist has demonstrated the knowledge and expertise in implementing Enterprise Performance Management and Planning solutions. Individuals with this certification can set up and configure security, set up a Planning business process, and configure the Financials, Workforce, Capital, and Projects modules, and design Reports and Documents.
NEW QUESTION 97
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. (Choose two.)
- A. Update Net 15 in procurement options and Net 30 for the supplier site.
- B. Set Net 30 for the supplier site and leave the payment term blank in procurement options.
- C. Update Net 15 in procurement options and leave the payment term blank for this supplier at all levels.
- D. Set Net 15 for the supplier site.
Answer: C,D
NEW QUESTION 98
When creating a non catalog requisition, a requester checks the 'New Supplier' checkbox. By checking this checkbox, the user is ______.
- A. triggering an automated process to create a new supplier
- B. suggesting a possible new supplier that requires further action by the Buyer and the Supplier Administrator
- C. required to execute an ESS (Enterprise Scheduler Service) job to initiate the supplier registration process
- D. triggering an automated process to intimate a new supplier to register with the user's company
Answer: C
NEW QUESTION 99
In order to define a shipping method, what three options need to be set?
- A. Mode of Transport
- B. Purchase Profile
- C. Contract
- D. FOB Lookup COde
- E. Service Level
Answer: A,C,D
NEW QUESTION 100
During the implementation, your customer has a requirement for a given business unit to enable "funds check" on purchase orders. This requires that budgetary control be enabled.
What configuration must you complete to enable budgetary control in that business unit? (Choose the best answer.)
- A. Enable budgetary control by selecting the ledger and business unit by using the task Manage Budgetary Control.
- B. Enable budgetary control by selecting the business unit in scope using the task Configure Procurement and Payables Options.
- C. Enable budgetary control by selecting the business unit in scope using the task Configure Procurement Business Function.
- D. Enable budgetary control in both the Configure Requisition Business Function and Configure Procurement Business Function by selecting the business unit in scope.
Answer: B
NEW QUESTION 101
Which three tasks are included in the Supplier functional area task list?
- A. Manage Item Organizations
- B. Manage Procurement Agents
- C. Specify Supplier Numbering
- D. Manage Supplier Value Sets
- E. Manage Tax Organization Type Lookup
Answer: B,C,D
NEW QUESTION 102
You defined an Approved Supplier List (ASL) with a Blanket Purchase Agreement (BPA) for requisitions.
After you submit a requisition with the BPA as a source document, you found an approved requisition and automatically created PO (Purchase Order). However, the status of this PO was confirmed as "Incomplete" instead of "Open" as expected.
Identify two causes for this behavior. (Choose two.)
- A. The "Allow Purchase Order Approval" check box is deselected in the Manage Approved Supplier List Status, which assigned ASL's status.
- B. The "Enable negotiation approval" check box is deselected in the Configure Procurement Business Function.
- C. The "Approval required for buyer modified lines" check box is deselected in the Configure Requisitioning Business Function.
- D. The "Automatically submit for approval" check box is deselected in the BPA that was referenced from the requisition.
Answer: C,D
NEW QUESTION 103
Your customer has requested you to set up a Procurement Business Unit to server the procurement needs of various Requisitioning Business Units. How would you set up the Shared Procurement model in Oracle Procurement Cloud?
- A. by setting up the Default Procurement BU in the Requisitioning Business Function
- B. by providing a default Business Unit in the Procurement Agent setup
- C. by setting up a Service Provider relationship in the Business Unit setup
- D. by setting up a Procurement Business Unit and a Requisitioning Business Unit in the Functional Setup Manager
Answer: C
Explanation:
Explanation
Without the site assignment model each client BU would be forced to establish its own relationship with the supplier. The service provider relationship between the client BU and procurement BU is defined in the businessunit setup.
References: Oracle Procurement Cloud Using Procurement (Release 9), page 30
NEW QUESTION 104
The business units in your organization are set up with a Client-Service Provider relationship. Requesters from the requisition(client) business units need to utilize a blanket agreement for automatic creation of purchase orders for their requisitions. Identify the configuration that needs to be used by the buyer who is creating the blanket agreement to be made available to other 'requisitioning business units' for purchases against their requisitions
- A. Enable flag 'Automatically generate orders' in each client business unit
- B. Setup Profile Option: 'Automatically generate orders'
- C. Enable flag 'Automatically generate orders' in the purchase order when buyer submits it
- D. Enable flag 'Automatically generate orders' in configure procurement business function for the procurement business unit
- E. Enable flag ''Automatically generate orders' in control tab of blanket purchase agreement
Answer: E
NEW QUESTION 105
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. Create Clauses from the Contracts workarea page.
- C. Manage Contract Standard Clauses, Templates, and Profiles from Functional Setup Manager.
- D. Manage Contract Standard Clauses from Functional Setup Manager.
Answer: A,B
Explanation:
Explanation
https://docs.oracle.com/en/cloud/saas/procurement/20a/fasca/setting-up-contract-terms-and-clause-library-config The clause is the basic building block of both the terms library and contracts in general. Using the Create Clause task in the Terms Library work area the following steps summarize the creation of a clause. See the related links section for a detailed demonstration.
https://docs.oracle.com/en/cloud/saas/procurement/20a/fasca/setting-up-contract-terms-and-clause-library-config You can import clauses, values sets, and manual user variables from external sources into the Contract Terms Library by using interface tables. You can either load your data directly into the interface tables using SQL*Loader, PL/SQL scripts, or JDBC, or you can import the data from an XML file by running the processes described in this topic.
NEW QUESTION 106
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, what inherited role must be removed from the seeded Employee role? (Choose the best answer.)
- A. Procurement Requester
- B. Contingent Worker
- C. Employee
- D. Procurement Preparer
- E. Procurement Administrator
Answer: A
NEW QUESTION 107
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. (Choose two.)
- A. Purchase Agreement Changes as Supplier Duty
- B. Contract Terms Deliverables Management Duty
- C. Purchase Agreement Viewing as Supplier Duty
- D. Purchase Order Changes as Supplier Duty
- E. Purchase Document Analysis as Supplier Duty
Answer: A,B
Explanation:
Explanation
C: The Contract Terms Deliverables Management Duty manages contract terms deliverables. This includes setting the deliverable status, adding comments, and uploading attachments.
D:Purchase Agreement Changes as Supplier Duty performs purchase agreement change management tasks as a supplier.
NEW QUESTION 108
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?
- A. Purchase Analysis
- B. Procurement Agent
- C. Purchasing Manager
- D. Finance Manager
Answer: C
NEW QUESTION 109
Your customer frequently orders a specific item from a selected list of suppliers. Some of the suppliers provide the item at a negotiated price, whereas other suppliers change the price throughout the year.
How should you set up this item in Oracle Procurement Cloud to address both requirements?
- A. Create a Planned Purchase Order for the fixed price supplier and do not create any kind of agreement for the varied price supplier.
- B. Create a Blanket Purchase Agreement for the negotiated price supplier and a Contract Purchase Agreement for the varied price supplier.
- C. Create a Contract Purchase Agreement for the fixed price supplier and a Blanket Purchase Agreement for the varied price supplier.
- D. Create a Contract Purchase Agreement for the varied price supplier and do not create any kind of agreement for the fixed price supplier.
Answer: B
NEW QUESTION 110
During a Cloud Procurement implementation, your customer has asked you to set up document numbering for purchasing documents. Where do you setup the Next Purchase Order Number in Cloud Procurement Applications?
- A. Manage Common Options for Payables and Procurement
- B. Configure Procurement Business Functions
- C. Configure Procurement Business Function
- D. Configure Requisitioning Business Function
Answer: C
NEW QUESTION 111
Identify the three sources from which Supplier Qualification Management gathers the required data (supplier information)
- A. Legacy systems
- B. Qualification questionnaires
- C. Sourcing bids
- D. Expired Contracts
- E. Profile updates
Answer: B,C,E
NEW QUESTION 112
An organization implementing Supplier Qualification Management has multiple procurement business units:
PR BU1, PR BU2, and PR BU3. The Corporate head office (CORP BU) is also defined as one of the procurement business units.
The organization wants to maintain and manage the Qualification area-A for use by all the procurement business units, but wants the Qualification area-B to be used only by CORP BU and PR BU1.
Identify two setups to fulfill this requirement. (Choose two.)
- A. Create the Qualification area-A in CORP and select the "Global" check box.
- B. Create the Qualification area-A in PR BU2 and select PR BU3.
- C. Create the Qualification area-B in CORP BU and select PR BU1.
- D. Create the question in CORP BUand select the "Global" check box.
- E. Create the Qualification area-B in CORP BU and select the "Global" check box.
Answer: A,C
Explanation:
Explanation
References: Oracle Procurement Cloud Using Procurement (Release 9), page 57
NEW QUESTION 113
An organization has been receiving incomplete Supplier Profile Data during the supplier onboarding and qualification process.
Identify the way to ensure that the required Supplier Profile data is entered by a supplier during the qualification process.
- A. Create an initiative with questions classified by Standards Organization.
- B. Create an initiative with questions classified by Subject.
- C. Create an initiative with questions Responder Type is internal.
- D. Create an initiative with questions mapped to supplier attributes.
Answer: D
NEW QUESTION 114
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.
- A. Assign the "punchout catalog request" role to procurement requester A and "procurement requester" role to requester B.
- B. Set the punchout catalog security in the punchout catalog definition page to "Secured by worker" with the value "Requester A" and no setup for requester B.
- C. Set the punchout catalog-associated content zone security to "Secured by worker" with the value
"Requester A" and no setup for requester B. - D. Assign the "advance procurement requester" role to requester A and the "procurement requester" role to requester B.
Answer: C
Explanation:
Explanation
Secured by worker: This option is always available for procurement or for requisitioning. The content zone is accessible only to those workers assigned to the content zone.
Note: When content zones are created for procurement business units, administrators indicate whether the content zones are to be used for procurement or for requisitioning. Designating the use of the content zone determines to which flow the content zone is applied.
A content zone for requisitioning can be accessible to all users working in specific requisitioning business units or to specific users References:https://docs.oracle.com/cd/E48434_01/doc.1118/e49610/F1007477AN13B51.htm
NEW QUESTION 115
Identify two control option that are enabled when a buyer selects the 'Group requisition lines' field while creating a Blanket Purchase Agreement. (Choose two.)
- A. Apply price updates to existing orders
- B. Use need-by date
- C. Automatically submit for approval
- D. Group requisitions
- E. Use ship-to organization and location
Answer: D,E
Explanation:
Explanation
If you want to group requisition lines across different requisitions into the same purchase order, enable the Group requisitions flag.
In order to group requisition lines into the same purchase order line, enable the Group requisition lines flag.
Theneed-by date and ship-to organization and location can optionally be used to group requisition lines.
References: Oracle Procurement Cloud Using Procurement (Release 9), page 163
NEW QUESTION 116
Which user-defined attribute type in Purchasing Document Approval Rules Management supports the aggregation of data across lines or distributions based on a set of filters?
- A. Currency attribute
- B. Summation attribute
- C. Category attribute
- D. Custom attribute
Answer: B
Explanation:
Explanation
Summation attributes support the aggregation of data across lines or distributions using a set of filters. You can set up the filters using requisition attributes, or you can use rollups in the Procurement Category Hierarchy, Cost Center, Balancing Segment, Management Segment, or Natural Account hierarchies.
NEW QUESTION 117
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.)
- A. Agreement
- B. Item
- C. UOM
- D. Supplier
- E. Category
- F. Catalog
Answer: C,D,E
NEW QUESTION 118
Standard lookup values are provided by the application for supplier business classification.
Which three are preseeded business classifications? (Choose three.)
- A. Nonprofit Business
- B. Small Business
- C. Minority Owned
- D. Hub Zone
- E. ISO14001
- F. Green Business
Answer: B,C,D
NEW QUESTION 119
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.
- A. Cost factors are not set up for negotiations for participants, causing no collaboration to negotiate cost.
- B. Online collaboration is visible only to the Requisition Preparer.
- C. The 'Collaboration Team' checkbox is unchecked in the style.
- D. The 'Requirements and Instructions' checkbox is unchecked in the style.
Answer: C
NEW QUESTION 120
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 fulfill this requirement.
- A. Set up user group for the four departments and set up individual rules for the four department users.
- B. Set up one approval group and include the four department users with voting regime as first responder wins.
- C. Set up employee supervisor hierarchy for all four department users and add them to an approval group.
- D. Set up one approval group and include the four department users with voting regime as consensus.
Answer: D
Explanation:
Explanation
Preapproval Header Consensus
Approvals are routed in parallel for this participant. This participant is more commonly used in conjunction with approval groups. This participant requires approval from all approvers.
References:https://docs.oracle.com/cloud/latest/procurementcs_gs/OAPRO/OAPRO1061036.htm#OAPRO10610
NEW QUESTION 121
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