1Z0-1065-23 Online Practice Questions and Answers

Correct Answer: D

Correct Answer: B

Provisioning Offerings The Provisioned column on the Configure Offerings page shows whether or not an offering is provisioned. While you are not prevented from configuring offerings that have not been provisioned, ultimately the users are not able to perform the tasks needed to enter setup data for those offerings until appropriate enterprise applications (Java EE applications) are provisioned and their location (end point URLs) is registered. References: https://docs.oracle.com/cloud/farel8/procurementcs_gs/FASUP/F1175419AN103FD.htm

Correct Answer: BC

Configure Oracle Fusion applications to match your business needs. Export and import data from one instance toanother for rapid setup.

Correct Answer: BC

Explanation: The Responsive Self Service Procurement application allows you to view the list of current approvers of a requisition that's pending approval. However, there are some scenarios where the approvals are not displayed. One

scenario is when the approvals task flow has been initiated, but not yet completed. In this case, the approvals are still being processed and the list of approvers is not yet available. Another scenario is when there are errors in retrieving

approval details, or there could be any other infrastructure issues that prevent the display of approvals. In this case, you may see a message that says "Unable to retrieve approval details" or "Approval details are not available".

References:

View Current Approvers of a Requisition in the Responsive Self Service Procurement Application, Section 1: "View Current Approvers of a Requisition in the Responsive Self Service Procurement Application" Get Started with the Responsive

Self Service Procurement Application, Section 2:

"Review Requisitions"

Correct Answer: D

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

Correct Answer: CDE

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"

Correct Answer: D

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".

Correct Answer: A

To 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:

Check 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 Set

Name: PRCXX Location (Replace xx with 01)

Code: PRCXXLOC (Replace xx with 01)

Address: 1000 Main St, Redwood City, CA, 94065

Status: Active

Here are the steps to create the location:

Navigate to Manage Locations:

Create the Location:

Enter the Location Information:

Save the Location:

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.

Correct Answer: A

To create an Inventory Organization to receive procurement transactions, you can follow these steps:

Navigate to the Setup and Maintenance work area and search for the Manage Inventory Organizations task.

Click on the Go to Task icon to open the Manage Inventory Organizations page. Click on the Create icon to create a new inventory organization. Enter the following information in the Create Inventory Organization dialog box:

Click on the Save and Close button to save the inventory organization. You have successfully created an inventory organization to receive procurement transactions. You can verify the inventory organization details by searching for it in the

Manage Inventory Organizations page. For more information on how to create and manage inventory organizations, you can refer to the Inventory Organizations document.

Or use the following steps:Following the scenario, we need to create a new Inventory Organization in Oracle Procurement Cloud named "PRCXX Organization" (replace xx with

01) to receive procurement transactions.

Here are the steps to create the Inventory Organization:

Navigate to Manage Inventory Organizations:

Create the Inventory Organization:

Enter the Inventory Organization Information:

Define Item Sourcing Details:

Save the Inventory Organization:

Verification:

The Inventory Organization "PRCXX Organization" (replace xx with 01) should now be listed in the Manage Inventory Organizations page. You can verify the details of the organization by clicking on it. The linked Business Unit, Legal Entity,

Location, Item Master Organization, Item Grouping Behavior, and Schedule should be displayed as specified above. Additionally, the Item Sourcing Details should reflect the defined values for picking, lead time, subinventory, and shipping

rules.

Additional Notes:

Make sure to replace "xx" with your allocated User ID (01) in both the Inventory Organization name and code for consistent naming convention. The Item Master Organization defines the organization responsible for managing item

information.

The Item Grouping Behavior determines how items are grouped for inventory purposes.

The Schedule defines the calendar used for scheduling inventory transactions. Carefully review and configure the Item Sourcing Details to ensure proper receipt and fulfillment of procurement transactions within your organization.

Correct Answer: A

To create a new Purchasing Line Type, you can follow these steps:

Navigate to the Setup and Maintenance work area and search for the Manage Purchasing Line Types task.

Click on the Go to Task icon to open the Manage Purchasing Line Types page. Click on the Create icon to create a new line type. Enter the following information in the Create Line Type dialog box:

Click on the Save and Close button to save the line type. You have successfully created a new Purchasing Line Type. You can verify the line type details by searching for it in the Manage Purchasing Line Types page. For more information on

how to define and use line types, you can refer to the Defining Line Types (Oracle Purchasing Help) document.

Or use the following:

Following the scenario, we need to create a new Purchasing Line Type in Oracle Procurement Cloud named "PRCXX Computer Goods" (replace xx with 01) for purchasing computer supplies.

Here are the steps to create the Purchasing Line Type:

Navigate to Manage Purchasing Line Types:

Create the Purchasing Line Type:

Enter the Purchasing Line Type Information:

Map Accounts:

Save the Purchasing Line Type:

Verification:

The Purchasing Line Type "PRCXX Computer Goods" (replace xx with 01) should now be listed in the Manage Purchasing Line Types page. You can verify the details of the line type by clicking on it. The purchase basis, product type,

category, unit, and mapped accounts should be displayed as specified above.

Additional Notes:

Make sure to replace "xx" with your allocated User ID (01) in both the Purchasing Line Type name and code for consistent naming convention. Mapped accounts define where the financial transactions associated with this line type will be

posted in the General Ledger.

Carefully review the mapped accounts to ensure they are aligned with your organization's accounting practices.