This page was exported from Exam for engine [ http://blog.test4engine.com ] Export date:Mon Nov 18 2:38:45 2024 / +0000 GMT ___________________________________________________ Title: 100% Real 1z0-1065-23 dumps - Brilliant 1z0-1065-23 Exam Questions PDF [Q14-Q32] --------------------------------------------------- 100% Real 1z0-1065-23 dumps  - Brilliant 1z0-1065-23 Exam Questions PDF 1z0-1065-23 Exam PDF [2024] Tests Free Updated Today with Correct 33 Questions Oracle 1z0-1065-23 Exam Syllabus Topics: TopicDetailsTopic 1Set up SQM Processes and manage Transactions Set up Procurement of Consigned Inventory from SupplierTopic 2Create Portal Registration, Supplier Provisioning, and Default Roles Manage Supplier configuration and Supplier site assignmentTopic 3Create Public Shopping Lists, Smart Forms, Catalog-Category Hierarchies Define Business Unit Function Configuration, Configure Procurement Business UnitTopic 4Explain objectives, Portal Setup, and maintenance Configure SQM and create Questions, Qualification Areas, and Models   QUESTION 14When you are creating your purchase orders, you want to be able to apply discounts to all purchase order lines with a single action and have opted in to the feature.Which are the two conditions when the base price CANNOT be changed?  The purchase order tine is created from a punchout marketplace that does not allow the price to be changed.  The purchase order line is for catalog items.  The purchase order line is received or billed, and the procurement business unit configuration does not allow manual price updates.  The purchase order line is included on a Procurement Contract. ExplanationThe base price of a purchase order line cannot be changed if the line is created from a punchout marketplace that does not allow the price to be changed, or if the line is included on a procurement contract. These are the two conditions that prevent the application of discounts to all purchase order lines with a single action.References:Oracle Fusion Applications Procurement Implementation Guide, section “Purchase Order Pricing”, subsection “Price Change Conditions”.PRC:PO: Purchase Order Price Is Not Updated After A Change Order …, section “Cause”, subsection“Solution”.QUESTION 15Challenge 2Manage Business UnitScenario: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.Task2Create 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 See below in Explanation for each Step.ExplanationTo create a new Business Unit for your purchasing organization, you can follow these steps:Navigate to the Setup and Maintenance work area and search for the Manage Business Unit task.Click on the Go to Task icon to open the Manage Business Unit page.Click on the Create icon to create a new business unit.Enter the following information in the Create Business Unit dialog box:Name: PRC01 Business UnitLocation: PRC01 LocationDefault Set: USLOCSClick on the Save and Close button to save the business unit.You have successfully created a new business unit for your purchasing organization. You can verify the business unit details by searching for it in the Manage Business Unit page.Or use the following Steps:Following the scenario, we need to create a new Business Unit in Oracle Procurement Cloud for your purchasing organization and assign the previously created location in Redwood City, CA.Here are the steps to create the Business Unit:Navigate to Manage Business Units:Go to the Global Navigation Menu.Click on Setup and Maintenance.Click on Business Units under Common Tasks.Create the Business Unit:Click on the Create icon (+ icon).Enter the Business Unit Information:Name: Enter “PRCXX Business Unit” (replace xx with 01).Default Location: Select “PRCXX Location” (replace xx with 01) from the dropdown list.Default Set: Select “USLOCS” from the dropdown list.Description: (Optional) Enter a brief description of the business unit.Save the Business Unit:Click on the Save button.Verification:The Business Unit “PRCXX Business Unit” (replace xx with 01) should now be listed in the Manage Business Units page.You can verify the details of the business unit by clicking on it.The default location and set should be displayed as “PRCXX Location” (replace xx with 01) and“USLOCS,” respectively.Additional Notes:Make sure to replace “xx” with your allocated User ID (01) in both the Business Unit name and code for consistent naming convention.Assigning the US Location Set to the Business Unit ensures that it inherits the legal entities, accounts, and other context information from that set.QUESTION 16To 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?  It is a public template.  The template is inactive at the time of creating the negotiation.  It is a global template and the negotiation is created in the same BU as the template.  It is a private template where only the template owner can use it.  The template is active at the time of creating the negotiation. ExplanationThe 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”.QUESTION 17In Sourcing, on which option is the ranking based when you set Overall Ranking Method to “Composite scoring”?  Assess suppliers on both pricing and external cost factors.  Assess suppliers on both pricing and internal cost factors.  Assess suppliers on both pricing and supplier eligibility.  Assess suppliers on both pricing and qualitative aspects. ExplanationWhen you set the Overall Ranking Method to Composite scoring, you can assess suppliers on both pricing and qualitative aspects. Qualitative aspects include requirements such as technical capabilities, other commercial considerations, or risk. You can assign weights to requirement sections, including pricing, and calculate a composite score for each supplier based on their response amount and requirement scores. The composite score is a combination of the relative score for pricing and the weighted requirement score. The higher the composite score, the higher the overall rank. This way, you can rank suppliers not just based on the best pricing offered, but also on how well they meet your requirements.References:Rank Suppliers Based on Composite Score of Pricing and Requirements1Oracle Supplier Negotiations2QUESTION 18You have the following business requirements 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 at which stage all offerings and functional areas are.Which two fulfill these requirements?  Select the Enable check box to specify the options.  After creating the implementation project, set the status of tasks to in Progress or Implemented.  Although the offering configuration can be changed at any time, the changes will influence any existing implementation task lists.  Change Provisioned to “No” to specify the offering that you want to select while creating an implementation project.  You need the IT Security role to fulfill these requirements. ExplanationWhen you create an implementation project, you can select the offerings and functional areas that you want to implement by selecting the Enable check box for each option. This will generate a list of setup tasks for the selected options. You can also see the status of each offering and functional area, such as Provisioned, Enabled, or Not Enabled. After creating the implementation project, you can update the status of each task to indicate the progress of the implementation. You can set the status to In Progress, Implemented, or Not Applicable. This will help you to identify the stage of each offering and functional area in the implementation project.References:How You Use Implementation Projects to Manage SetupOracle Fusion Applications Procurement Implementation Guide, Section 2.1: “Create Implementation Project”QUESTION 19When 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?  Create the negotiation by using a negotiation style with the appropriate supplier control selected.  Create a negotiation and send it to the supplier bidder contact for forward distribution.  Create a negotiation and add each supplier contact to it.  Create a negotiation by using a negotiation template with each supplier contact added. ExplanationThe 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”QUESTION 20Your customer requires a consignment order to be automatically created whenever a self-service Requester creates a purchase requisition.How do you set this up?  Create a consignment agreement with touchless buying options enabled on the Controls tab to automatically generate orders.  Enable all the requisition line items to be sourced from the consignment source.  Select the “Source from consignment” check box and set Urgent to ‘Yes’* during requisition creation through self-service.  Assign all the requisition lines to the consignment buyer. ExplanationA consignment agreement is a type of purchasing document that defines the terms and conditions for consignment purchases. Consignment purchases are purchases ofgoods that are paid for only after the goods are used or sold by the purchasing organization. To enable automatic creation of consignment orders from requisitions, you need to create a consignment agreement with touchless buying options enabled on the Controls tab. Touchless buying options allow you to specify the criteria for automatically generating orders from requisitions without human intervention. You can also define the default attributes and processing options for the orders, such as document style, change order tolerance, and communication method.References:How can I create a purchase order for consignment inventory items?1Create and Monitor Agreements in Oracle Fusion Purchasing2QUESTION 21Within your organization, there is a problem of notification emails not always being recognized and being moved to the spam folder.What do you first need to configure in order to enable the options for thefromand Replytoemail addresses?  Business-to-Business Service (B2B)  Sender Policy Framework (SPF)  Public Key Infrastructure (PKI)  Application Development Framework (ADF) ExplanationSender Policy Framework (SPF) is a protocol that allows the owner of a domain to specify which mail servers are authorized to send emails on behalf of that domain. This helps to prevent spoofing and phishing attacks by verifying the sender’s identity. By configuring SPF for your Oracle Fusion Cloud Procurement application, you can enable the options for the from and reply to email addresses for supplier onboarding and profile management notifications. This will help your suppliers to trust the notifications and avoid them being marked as spam.References:How You Configure Sender Name and Email in Supplier Management Notifications1 Configure Purchase Order Email Approval Notifications Using Reports2QUESTION 22You need to set up a Procurement business unit to serve the procurement needs of various Requisitioning business units.What must you set up in Oracle Fusion Cloud Procurement to meet this requirement?  Spend Authorized relationship between a Supplier and a Requisitioning business unit  Default Requisitioning business unit relationship in the Procurement Agent setup  Default Procurement BU relationship in the Requisitioning business function setup  Service Provider relationship in the Requisitioning business unit setup ExplanationTo set up a Procurement business unit to serve the procurement needs of various Requisitioning business units, you must set up a Service Provider relationship in the Requisitioning business unit setup. This relationship defines the Procurement business unit as the service provider of the procurement business function, and the Requisitioning business units as its clients. This way, the Procurement business unit can take care of supplier negotiations, supplier site maintenance, and purchase order processing on behalf of the Requisitioning business units. The other options are not relevant for this requirement.References:1: Service Provider Models – Oracle2: Implement Procurement – docs.oracle.com[3]: Setup Steps in Oracle Fusion Cloud ProcurementQUESTION 23Your client wants to be able to automate the process to ask employees to evaluate their suppliers periodically and enable a touchless process to track supplier performance over time.Which feature do they need to opt in to?  Assess Supplier Eligibility for Sourcing  Full Supplier Profile Change Management  Conduct Internal Surveys for Supplier Qualification  Sourcing Programs ExplanationThe feature that enables the automation of supplier evaluation by employees is Conduct Internal Surveys for Supplier Qualification. This feature allows you to create and publish internal surveys to collect feedback from employees who have interacted with suppliers. You can use predefined or custom questions, assign survey respondents, and schedule survey frequency. The survey responses are automatically captured and aggregated in the supplier qualification work area, where you can view the supplier performance scores and trends over time. This feature helps you to monitor and improve supplier performance, as well as identify potential risks and opportunities.References:Conduct Internal Surveys for Supplier QualificationHow You Conduct Internal Surveys for Supplier QualificationOracle Fusion Cloud Procurement: Supplier QualificationQUESTION 24You should regularly run reports to protect against fraud.Which task do you use to select the attributes to be monitored for a supplier model?  Configure Procurement Business function  Manage Common Options for Payables and Procurement  Manage Transmission Configurations  Configure Supplier Registration and Profile Change Request  Manage Audit Policies ExplanationTo select the attributes to be monitored for a supplier model, you use the Manage Audit Policies task in the Setup and Maintenance work area. This task allows you to enable auditing for various business objects, such as suppliers, supplier sites, supplier contacts, and supplier bank accounts. You can also select the attributes of each business object that you want to audit, such as supplier name, address, tax number, and so on. By enabling auditing, you can track the changes made to the supplier model and generate audit reports to protect against fraud.References:Overview of Audit Configuration, Section 2.1: “Enable Auditing for Business Objects” Supplier Profile Audit History Setup and Reporting, Section 1: “Supplier Profile Audit History Setup and Reporting”QUESTION 25Manage LocationsScenario:Your organization, headquartered in Redwood City, CA, zip code 94065, is implementing Oracle Procurement Cloud.Task1Create 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 See below in Explanation for each Step.ExplanationTo create a location for your purchasing headquarters, you can follow these steps:Navigate to the Setup and Maintenance work area and search for the Manage Locations task.Click on the Go to Task icon to open the Manage Locations page.Click on the Create icon to create a new location.Enter the following information in the Create Location dialog box:Location Set: US Location SetName: PRC01 LocationCode: PRC01LOCAddress Line 1: 1000 Main StCity: Redwood CityState: CAPostal Code: 94065Country: United StatesCheck the Active check box to make the location active.Click on the Save and Close button to save the location.You have successfully created a location for your purchasing headquarters. You can verify the location details by searching for it in the Manage Locations page.OR use the following:Following the scenario, we need to create a Location in Oracle Procurement Cloud for your purchasing headquarters in Redwood City, CA, with the following details:Location Set: US Location SetName: PRCXX Location (Replace xx with 01)Code: PRCXXLOC (Replace xx with 01)Address: 1000 Main St, Redwood City, CA, 94065Status: ActiveHere are the steps to create the location:Navigate to Manage Locations:Go to the Global Navigation Menu.Click on Workforce Structures.Click on Locations under My Client Groups.Create the Location:Click on the Create icon (+ icon).Enter the Location Information:Location Set: Select “US Location Set” from the dropdown list.Name: Enter “PRCXX Location” (replace xx with 01).Code: Enter “PRCXXLOC” (replace xx with 01).Address:Enter “1000 Main St” in Address Line 1.Enter “Redwood City” in the City field.Select “CA” from the State dropdown list.Enter “94065” in the Postal Code field.Status: Select “Active” from the dropdown list.Save the Location:Click on the Save button.Verification:The Location “PRCXX Location” (replace xx with 01) should now be listed in the Manage Locations page.You can verify the details of the location by clicking on it.QUESTION 26To 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?  The contract is in Under amendment status.  The contract is of Sell intent.  The contract is in Active status.  The contract is of Buy intent.  The contract is in Draft status. ExplanationThe 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” Loading … Verified & Correct 1z0-1065-23 Practice Test Reliable Source Jan 31, 2024 Updated: https://www.test4engine.com/1z0-1065-23_exam-latest-braindumps.html --------------------------------------------------- Images: https://blog.test4engine.com/wp-content/plugins/watu/loading.gif https://blog.test4engine.com/wp-content/plugins/watu/loading.gif --------------------------------------------------- --------------------------------------------------- Post date: 2024-01-31 12:13:04 Post date GMT: 2024-01-31 12:13:04 Post modified date: 2024-01-31 12:13:04 Post modified date GMT: 2024-01-31 12:13:04