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1z0-1065-24 Exam Dumps - Oracle Procurement Cloud Questions and Answers

Question # 4

Which two actions must you perform to implement and enable abstracts with negotiations?

Options:

A.

Enable the suppliers to view the Abstract Listing page

B.

Create the Configure Abstract Listing page

C.

Create a negotiation style that supports abstracts

D.

Create the negotiation controls to support abstracts

E.

Create the abstract controls for the negotiation

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Question # 5

Your customer is implementing the full suite of Oracle Fusion Cloud Procurement.

From which three applications can users access the Contract Terms library for setting

contracts terms for different documents?

Options:

A.

Self Service Procurement

B.

Procurement Contracts

C.

Purchasing

D.

Supplier Model

E.

Sourcing

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Question # 6

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?

Options:

A.

Configure a Requisition Approval rule to include the "Approval required for buyer modified lines'' condition.

B.

After requisition modification, a buyer needs to reassign the requisition line to the requisition authority for approval.

C.

Configure the PO Approval rule in such a way that buyer-modified requisition lines will go for approval again.

D.

In the Configure Requisitioning Business Function task, select "Approval required for buyer modified lines".

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Question # 7

When discussing potential supplier qualification questions, the customer would like to be able to map questions directly to supplier profile information.

Which two attributes can be mapped to questions in the supplier profile?

Options:

A.

Receipts

B.

Corporate Profile

C.

Catalogs

D.

Agreements

E.

Income Tax

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Question # 8

Manage Locations

Scenario:

Your organization, headquartered in Redwood City, CA, zip code 94065, is implementing Oracle Procurement Cloud.

Task 1

Create a Location for your purchasing headquarters, where:

. Location is linked to US Location Set

. Name of the location is PRCXX Location (Replace xx with 01, which is your allocated User ID.)

. Location code is PRCXXLOC (Replace XX with 01, which is your allocated User ID.)

· Address line is 1000 Main St

. Location is active

Options:

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Question # 9

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

Options:

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Question # 10

Challenge 2

Manage Business Unit

Scenario:

Your organization needs to establish a business unit to manage its procurement activities and assign it to the newly created purchasing location in Redwood City, CA.

Task 2

Create a new Business Unit for your purchasing organization, where you need to:

. Name the business unit as PRCXX Business Unit (Replace xx with 01, which is your allocated User ID.)

. Assign the location previously created

. Link to the USLOCS default set

Options:

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Question # 11

Challenge 7

Manage Qualification Areas

Scenario

Your procurement organization needs to group and organize qualification questions into a hierarchical structure.

Task

Create an active Qualification Area to hold the qualification question created previously, where:

. Name of the area is PRCXX Area 1 (Replace xx with 01, which is your allocated User ID.)

. Description references company history

. Owning procurement BU is US1 Business Unit

· Expiration period is 10 days

. Questions and outcomes contain three options: Excellent, Average, Poor

Options:

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Question # 12

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

Options:

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Question # 13

Challenge 4

Manage Inventory Organizations

Scenario:

Your procurement organization requires you to create an inventory organization, which will be used for issuing and receiving procurement transactions.

Task:

Create an Inventory Organization to receive procurement transactions, where:

. Name of the organization is PRCXX Organization (Replace xx with 01, which is your allocated User ID.)

. Organization code is PRCXXORG (Replace xx with 01, which is your allocated User ID.)

. Organization is linked to US1 Business Unit, US1 Legal Entity, and Redwood City - CA location

. Item Master Organization is linked to Operations

. Item Grouping Behavior is set to Definition Organization

. Schedule is set to Operations

Options:

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Exam Code: 1z0-1065-24
Exam Name: Oracle Fusion Cloud Procurement 2024 Implementation Professional
Last Update: Mar 29, 2025
Questions: 73
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