[Apr-2024] Free 1z0-1065-23 Exam Dumps to Improve Exam Score
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NEW QUESTION # 16
Delays in supplier self-service registration can be frustrating. In your implementation, there are some regions where you want to simplify supplier self-service registration and bypass mandatory supplier identifiers.
Which task should you use to set this up?
- A. Configure Supplier Registration and Profile Change Request
- B. Manage Self Service Procurement Profile Options
- C. Manage Supplier Profile Change Request
- D. Manage Internal Supplier Registration Approvals
- E. Manage Supplier Profile Options
Answer: A
Explanation:
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"
NEW QUESTION # 17
To improve usability and reduce errors, you have set a default negotiation template for each document type when creating or editing a negotiation style.
This feature is always enabled but you do not always see the template that was set on the negotiation style defaulting in.
What could be two reasons for this?
- A. It is a public template.
- B. It is a private template where only the template owner can use it.
- C. The template is active at the time of creating the negotiation.
- D. The template is inactive at the time of creating the negotiation.
- E. It is a global template and the negotiation is created in the same BU as the template.
Answer: B,D
Explanation:
Explanation
The default negotiation template for each document type is only applied when creating or editing a negotiation style if the template is active and public. If the template is inactive or private, the template will not be defaulted in. Therefore, the two reasons why you do not always see the template that was set on the negotiation style defaulting in are:
The template is inactive at the time of creating the negotiation. An inactive template cannot be used for creating or editing negotiations, and it will not be displayed in the list of available templates. You need to activate the template before you can use it as a default template.
It is a private template where only the template owner can use it. A private template is only visible and accessible to the user who created it, and it will not be shared with other users. You need to make the template public if you want to use it as a default template for all users.
References:
Create a Negotiation Template, section "Create a Negotiation Template", subsection "Default Negotiation Template".
Oracle Supplier Negotiations, section "Create Negotiations", subsection "Create Negotiations: Default Negotiation Template".
NEW QUESTION # 18
Challenge 6
Manage Supplier Questions
Scenario
Your procurement organization needs to create a Qualification Question that will be communicated to potential suppliers as part of an onboarding process.
Task
Create an active Qualification Question, where:
. Name of the question is PRCXX Q1 (Replace xx with 01, which is your allocated User ID.)
. Question level and responder type is Supplier
Question type is multiple choice with single selection
. Question text contains, "How many years you have been in business?"
. Acceptable response text has three options: 0, 3, and 10
Answer:
Explanation:
See below in Explanation for each Step.
Explanation
Task 6: Create a Qualification Question for Suppliers
Following the scenario, we need to create a new Qualification Question in Oracle Procurement Cloud named
"PRCXX Q1" (replace xx with 01) to assess potential suppliers' years in business.
Here are the steps to create the Qualification Question:
Navigate to Manage Supplier Qualification Questions:
Go to the Global Navigation Menu.
Click on Procurement.
Click on Setup and Maintenance.
Click on Supplier Qualification.
Click on Questions.
Create the Qualification Question:
Click on the Create icon (+ icon).
Enter the Qualification Question Information:
Name: Enter "PRCXX Q1" (replace xx with 01).
Question Level: Select "Supplier".
Responder Type: Select "Supplier".
Question Type: Select "Multiple Choice - Single Select".
Question Text: Enter "How many years have you been in business?".
Required: (Optional) Select "Yes" if suppliers must answer this question.
Active: Select "Yes" to activate the question.
Define Acceptable Responses:
Click on the Add icon (+ icon) to add new response options.
Enter the following response options:
0
3
10
Save the Qualification Question:
Click on the Save button.
Verification:
The Qualification Question "PRCXX Q1" (replace xx with 01) should now be listed in the Manage Supplier Qualification Questions page.
You can verify the question details and acceptable responses by clicking on it.
The question level, responder type, question type, text, required status, and active status should be displayed as specified above.
The acceptable responses should include 0, 3, and 10 years.
Additional Notes:
Make sure to replace "xx" with your allocated User ID (01) in the question name for consistent naming convention.
Selecting "Multiple Choice - Single Select" limits suppliers to choosing one answer.
You can add additional acceptable responses if needed.
Activating the question makes it visible to suppliers during the qualification process.
NEW QUESTION # 19
An electronics parts manufacturer has decided to implement only the Purchasing application from the Oracle Fusion Cloud Procurement pillar.
Which setup component will they NOT require for this implementation?
- A. Cost Factors
- B. Document Style
- C. Change Order Template
- D. Requisitioning Business Function
- E. Procurement Agents
Answer: A
Explanation:
Explanation
Cost factors are used to identify charges associated with a negotiation line in addition to price, such as shipping and handling, retooling, or import duties. Cost factors are part of the Supplier Negotiation application, which is not required for implementing only the Purchasing application. The other options are all setup components that are needed for the Purchasing application.
References:
Create Cost Factors
REST API for Oracle Fusion Cloud Procurement - External Cost Factors and External Cost Factors
NEW QUESTION # 20
To streamline negotiation communication between your organization and your suppliers, you have opted in to the Share Enterprise Contracts feature in Supplier Portal.
Under which three conditions can you access this feature?
- A. The contract is of Sell intent.
- B. The contract is in Active status.
- C. The contract is of Buy intent.
- D. The contract is in Under amendment status.
- E. The contract is in Draft status.
Answer: B,C,E
Explanation:
Explanation
The Share Enterprise Contracts feature in Supplier Portal allows you to share contracts with your suppliers and collaborate on contract terms and deliverables. You can access this feature under the following conditions:
The contract is in Active status: This means that the contract has been approved and accepted by both parties and is ready for execution. You can share the contract with your supplier to monitor the contract fulfillment and performance1.
The contract is of Buy intent: This means that the contract is a procurement contract that governs the purchase of goods or services from a supplier. You can share the contract with your supplier to negotiate the contract terms and conditions2.
The contract is in Draft status: This means that the contract has been created but not yet submitted for approval. You can share the contract with your supplier to solicit feedback and input on the contract content3.
References:
Share Contracts, Section 1: "Share Contracts"
Overview of Procurement Contracts, Section 1: "Overview of Procurement Contracts" Create Procurement Contracts, Section 1: "Create Procurement Contracts"
NEW QUESTION # 21
During a discussion about your implementation, your client mentioned that they negotiate credits for equipment trade-ins.
How can you create this in the application?
- A. Create an agreement with a credit line.
- B. Create a purchase order template that supports credit lines.
- C. Create a requisition with a negative line.
- D. Create a document style that supports credit lines.
Answer: D
Explanation:
Explanation
A document style is a template that defines the layout and content of a purchasing document, such as a purchase order, a purchase agreement, or a requisition. You can create a document style that supports credit lines, which are purchase order lines with a negative amount to record credits to the ordered amount that you have negotiated with your supplier. For example, you can use a credit line to represent credit for an equipment trade-in. You can also specify other attributes for the documentstyle, such as the line types, the change order policies, the approval rules, and the communication methods.
References:
How You Create Purchase Order Lines with Negative Amounts
How You Enable Creation of Purchase Order Lines with Negative Amounts
Create Supplier Contracts from Negotiation Award
NEW QUESTION # 22
Challenge 5
Manage Procurement Agents
Scenario:
Your procurement organization requires you to define yourself as a purchasing buyer so that you can create and manage procurement transactions.
Task
Define a Procurement Agent, where:
Procurement BU is US1 Business Unit
. Agent is mapped to your assigned Login username - Student, PRCXX (Replace xx with 01, which is your allocated User ID.)
All default procurement actions are to be assigned and accepted as-is
Answer:
Explanation:
See below in Explanation for each Step.
Explanation
To define a Procurement Agent, you can follow these steps:
Navigate to the Setup and Maintenance work area and search for the Manage Procurement Agents task.
Click on the Go to Task icon to open the Manage Procurement Agents page.
Click on the Create icon to create a new procurement agent.
Enter the following information in the Create Procurement Agent dialog box:
Procurement Business Unit: US1 Business Unit
Agent: Student, PRC01
Procurement Actions: Select all the check boxes to assign all the default procurement actions Click on the Save and Close button to save the procurement agent.
You have successfully defined a procurement agent. You can verify the procurement agent details by searching for it in the Manage Procurement Agents page. For more information on how to define and manage procurement agents, you can refer to the Define Procurement Agents (Oracle Fusion Cloud Procurement Implementation Guide) document.
Or the following steps:
Following the scenario, we need to define you (Student, PRCXX) as a Procurement Agent with access to manage procurement transactions in the US1 Business Unit.
Here are the steps to define the Procurement Agent:
Navigate to Manage Procurement Agents:
Go to the Global Navigation Menu.
Click on Procurement.
Click on Setup and Maintenance.
Click on Procurement Agents.
Create the Procurement Agent:
Click on the Create icon (+ icon).
Enter the Procurement Agent Information:
Procurement BU: Select "US1 Business Unit".
Agent: Enter your assigned Login username - "Student, PRCXX" (replace xx with 01).
Requisitioning BU: (Optional) You can select a specific Requisitioning Business Unit if you primarily handle requests from that unit. Otherwise, leave it blank.
Default Procurement Actions: Select "Use Defaults". This assigns all default procurement actions (create purchase orders, issue requisitions, etc.) to you.
Save the Procurement Agent:
Click on the Save button.
Verification:
You should now be listed as a Procurement Agent in the Manage Procurement Agents page.
You can verify your assigned actions and Business Units by clicking on your record.
You should be able to create and manage procurement transactions within the US1 Business Unit.
Additional Notes:
Make sure to replace "xx" with your allocated User ID (01) in the Agent field for accurate identification.
Selecting "Use Defaults" assigns all standard procurement actions to you. You can customize these actions later if needed.
Remember that your access level and permissions within the Procurement module will be determined by your Procurement Agent role and associated Business Units.
NEW QUESTION # 23
Which seeded role must be associated with a supplier user account for the supplier to be able to respond to invited negotiations?
- A. Supplier Sales Representative
- B. Supplier Contract Manager
- C. Supplier Bidder
- D. Supplier Customer Service Representative
- E. Supplier Self Service Administrator
Answer: C
Explanation:
Explanation
The seeded role that must be associated with a supplier user account for the supplier to be able to respond to invited negotiations is Supplier Bidder. This role grants the supplier user the ability toview and respond to negotiations, create and manage responses, and view award decisions. The other roles are not relevant for this purpose.
References:
Supplier Administrator (Abstract Role) - Oracle, section "Supplier Bidder (Abstract Role)".
Set Up Supplier Roles - Oracle, section "Supplier Bidder Role".
NEW QUESTION # 24
In the Supplier Portal, which job role must you allocate to a supplier contact to enable them to provision user accounts to their own employees?
- A. Supplier Manager
- B. Supplier Self Service Administrator
- C. Supplier Administrator
- D. Supplier Self Service Clerk
Answer: C
Explanation:
Explanation
The Supplier Administrator job role is the only one that can provision user accounts to their own employees in the Supplier Portal. This role allows the supplier contact to manage supplier profile and user provisioning, as well as perform other tasks related to supplier master data, supplier qualification, and supplier registration. The other job roles do not have the privilege to create or modify supplier user accounts.
References:
Oracle Fusion Supplier Portal Important Roles
Supplier Administrator (Abstract Role)
Supplier Portal Job Roles and Tasks
NEW QUESTION # 25
When creating a negotiation, the category manager wants to send it to all supplier contacts for a supplier.
Which is the most efficient way to achieve this?
- A. Create a negotiation and send it to the supplier bidder contact for forward distribution.
- B. Create the negotiation by using a negotiation style with the appropriate supplier control selected.
- C. Create a negotiation by using a negotiation template with each supplier contact added.
- D. Create a negotiation and add each supplier contact to it.
Answer: B
Explanation:
Explanation
The most efficient way to send a negotiation to all supplier contacts for a supplier is to use a negotiation style that has the supplier control option of "All supplier contacts" enabled. This option allows you to automatically include all the contacts associated with a supplier when you add the supplier to the negotiation. You do not need to manually add each contact or rely on the supplier bidder contact to forward the negotiation. You can also create a negotiation template with this option enabled and use it to create a negotiation.
References:
Examples of Negotiation Controls, Section 1: "Examples of Negotiation Controls", Subsection:
"Supplier Controls"
Create Supplier Negotiations from Template, Section 1: "Create Supplier Negotiations from Template"
NEW QUESTION # 26
Which action is required to enable the supplier contacts of a parent company to respond to the negotiations of their subsidiaries?
- A. The parent supplier must be added to the subsidiary supplier profile.
- B. The parent supplier must be added to the negotiation.
- C. The subsidiary supplier must forward the negotiation to the parent company to respond.
- D. The subsidiary supplier must request the parent supplier contact be added to the negotiation.
Answer: B
Explanation:
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
NEW QUESTION # 27
Your customer requires any approved requisition to be reapproved whenever a buyer updates a catalog requisition line during requisition processing.
How must they set this up?
- A. In the Configure Requisitioning Business Function task, select "Approval required for buyer modified lines".
- B. After requisition modification, a buyer needs to reassign the requisition line to the requisition authority for approval.
- C. Configure a Requisition Approval rule to include the "Approval required for buyer modified lines'' condition.
- D. Configure the PO Approval rule in such a way that buyer-modified requisition lines will go for approval again.
Answer: A
Explanation:
Explanation
This option enables the customer to require any approved requisition to be reapproved whenever a buyer updates a catalog requisition line during requisition processing. This ensures that any changes made by the buyer are reviewed and approved by the appropriate authority before the requisition is converted to a purchase order.
References:
Considerations for Setting Up Requisition Approval Task: This document explains the preconfigured requisition approval elements and how to configure requisition approval rules using the Manage Requisition Approvals task.
Overview of Managing Approvals and Notifications: This document provides an overview of the approval management framework and the approval rules management for procurement. It also describes the employee supervisor hierarchy approval rules and the user-defined attributes assignments and routing.
NEW QUESTION # 28
Your organization now wishes to access the Responsive Self Service Procurement application from the navigator or the springboard on all form factors such as mobile phones, tablets, and laptop devices.
After opting in, which search setup needs to be completed?
- A. Wildcard
- B. Elastic
- C. Stemming
- D. Fuzzy
Answer: B
Explanation:
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
NEW QUESTION # 29
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