[Q31-Q55] Pass Your 1z0-1112-2 Exam Easily With 100% Exam Passing Guarantee [2024] : Exam for engine : http://blog.test4engine.com

Q31. When receiving items, which THREE destination types can you choose from?

Warehouse

Accrual

Expense

Inventory

Q32. Identify the THREE correct pairs of Oracle procurement business process and the related cloud module:

Receive Invoice to Payment – Financials

Requisition to Receipt – Self Service Procurement

Contract Creation to Spend Compliance – Supplier Qualification Management

Supplier Registration to Supplier Performance – Supplier Portal

Insight to Smart Sourcing – Procurement Contract

Q33. You can compare a maximum of ten items in Purchasing Requisitions.

Yes

Q34. Identify two correct pairs of activity and the required job role

Submit responses to quotations – Supplier Bidder

Manage supplier contact – Supplier Administrator

Create and submit change request – Supplier Customer Service Representative

Approve change request – Supplier Self Service Administrator

Q35. Where will you find sample contract terms layout templates?

Business Intelligence

Setup and Maintenance

Terms Library tasks

Contract Administration

Q36. Steve has recorded an invoice with the Header amount as USD 2000 and Line amount as USD 200. Identify the hold reason that the system apply during the initial validation of this invoice.

Ordered Quantity

Line Variance

Distribution Variance

Received Quantity

Q37. When amending a contract; which additional field is added to the contract?

Amendment Update Date

Amendment Revision Date

Amendment Start Date

Amendment Effective Date

Q38. What elements are included in the structure of a purchase order? (Choose two)

Schedules

Inventory

Deliverables

Distributions

Q39. Which of the following are key life cycle tasks for supplier agreements? (Choose two)

Track agreement execution status

Define supplier payment terms

Control downstream activities

Define supplier performance criteria

Q40. Identify the TWO activities performed in a negotiation by Category Manager after awarding supplier:

Complete the award

Submit award for approval

Create contract

Close the negotiation

Q41. In Oracle Procurement Contracts what tools are available to ease the contracts process? (Choose two)

Contract Express

Contract Wizard

Contract Genius

Contract Expert

Q42. Select three reasons why contracts should be approved.

Protects the organization

Aligns spending policies in the contract

Supports fraud

Checks contract terms and clauses

Encourages ad hoc buying

Q43. Identify THREE true statements about the Contract Creation process?

Contract can be optionally signed electronically

Contract is automatically validated upon submission

Contract terms library can be used to add and delete clauses

Contract needs approval before it is validated

Q44. In relation to contracts, which three attributes may be revised without requiring the contract to be amended?

Payment Terms

Name

Business Unit Team

Notes

Deliverables

Q45. Which of the following can be tracked in the requisition life cycle? (Choose two)

Purchase Orders

Invoices

Trend statistics

Amendments

Q46. Which three key supplier identifiers are used to prevent supplier duplication?

Supplier Id

D-U-N-S Number

Taxpayer Id

Tax Registration Number

Q47. In relation to receipt routing; how many steps are there in the Inspection Required receiving process?

Three

One

Two

Four

Q48. Which status can the qualification model have?

Audited

Active

Available

Approved

Q49. Your organization requires only the best bid value to be shared with your supplier in negotiation Identify the TWO correct configurations to achieve this.

Enable response rule – Display best price to suppliers

Set response visibility to blind

Enable response rule – Display overall rank to suppliers

Enable response rule – Display all responses to suppliers

Set response visibility to competitive

Set response visibility to sealed

Q50. Choose three different ways that you can create purchase order:

Automatic

Manual

Express

OTBI

FBDI

Q51. Glenn Systems has decided to enable the Additional Duplicate Invoice Check feature: Which THREE additional attributes are considered for duplicate invoice check when this feature is enabled?

Supplier Location

Invoice Amount

Invoice Date

Supplier Tax Registration Number

Invoice Type

Q52. Which THREE attributes can be used as selection criteria when submitting payment process request?

Pay Through Date

Pay Groups

Invoice Type

Supplier Type

Payment Terms