Oracle Procurement Cloud 2022 Implementation Professional

Question 1

Which three are supplier lookups from the Supplier functional area?

A. Freight Terms

B. Tax

C. Business Classification

D. Minority Group

E. Supplier Type

Correct Answer: B,C,E

Question 2

Your customer has several Procurement centers across the world. During implementation, the customer wants to implement the same payment terms policy for all the Business units. Identify the correct approach to fulfill this customer requirement in the application using Functional Setup Manager

A. Define Payment Terms in each business unit and assign those to different reference objects specific to those Business Units?

B. Define same payment terms across all Business Units

C. Define 'Payment Terms' and assign those to one reference object. Then assign that reference object to all Business Units for reference object 'Payment Terms'

D. Use 'Common' reference object for all Business Units

Correct Answer: C

Question 3

The Payables department has reported that a supplier is not appearing in the Submit Payment Process Request. The payment method selected from the payment processing options at Submit Payment Process Request is Electronic.
Identify two reasons why the supplier is not appearing in the Submit Payment Process Request. (Choose two.)

A. The From Date field value for the payment method Electronic is a future date.

B. The supplier does not have an active Purchase Order.

C. The supplier must have a Blanket Purchase Agreement in place.

D. The payment method Electronic is end-dated on the Payment Method tabbed page of the supplier profile for the supplier.

E. The supplier has a default payment method of Check.

Correct Answer: A,C

Question 4

An organization has been receiving incomplete Supplier Profile Data during the supplier onboarding and qualification process.
Identify the way to ensure that the required Supplier Profile data is entered by a supplier during the qualification process.

A. Create an initiative with questions classified by Standards Organization.

B. Create an initiative with questions classified by Subject.

C. Create an initiative with questions Responder Type is internal.

D. Create an initiative with questions mapped to supplier attributes.

Correct Answer: D

Question 5

You defined an Approved Supplier List (ASL) with a Blanket Purchase Agreement (BPA) for requisitions. After you submit a requisition with the BPA as a source document, you found an approved requisition and automatically created PO (Purchase Order). However, the status of this PO was confirmed as "Incomplete" instead of "Open" as expected.
Identify two causes for this behavior. (Choose two.)

A. The "Approval required for buyer modified lines" check box is deselected in the Configure Requisitioning Business Function.

B. The "Enable negotiation approval" check box is deselected in the Configure Procurement Business Function.

C. The "Automatically submit for approval" check box is deselected in the BPA that was referenced from the requisition.

D. The "Allow Purchase Order Approval" check box is deselected in the Manage Approved Supplier List Status, which assigned ASL's status.

Correct Answer: A,C

Question 6

In Self Service Procurement, a user is not able to search for one of the inventory items. Identify three configuration issues that could be causing this problem.

A. The particular item is not defined as a 'Transactable' item in PIM.

B. The particular item does not belong to any Purchasing Category.

C. The particular item is defined as 'BOM Enabled' in PIM.

D. The particular item is not part of any Procurement catalog.

E. The particular item has not been marked as a 'Purchased' item within the Purchasing operational attribute group.

Correct Answer: B,D,E

Question 7

Identify two correct statements about Local area and Contextual areas in the common UI Shell. (Choose two.)

A. Local area can drive the contents of the regional area and the contextual area.

B. Local area is the main work area and typically contains the transaction form.

C. Contextual area provides quick access to tools that support business process.

D. Local area includes components that directly affect the Contextual area.

E. Contextual area can drive the contents of the local area.

Correct Answer: B,D

Explanation: Only visible for Actualtests4sure members. You can sign-up / login (it's free).

Question 8

Your customer is implementing Cloud Procurement across two countries: A and B. They need intercompany transactions to be carried out between these two entities.
Identify the setup to fulfill this requirement.

A. Supply Chain financial Orchestration agreement between business units of countries A and B.

B. intercompany transaction between legal entities of countries A and B

C. Supply Chain financial Orchestration agreement between legal entities of countries A and B

D. intercompany transaction between business units of countries A and B

Correct Answer: C

Explanation: Only visible for Actualtests4sure members. You can sign-up / login (it's free).

Question 9

Identify four actions that the Manage Requisition Approval task enables you to perform.

A. define rule actions by using Supervisory Hierarchy or Position Hierarchy

B. maintain user-defined attributes and use these attributes with rules

C. create rules by using simple or nested conditions

D. register an internal and external Supplier

E. enable or disable a participant

Correct Answer: A,B,C,E

Explanation: Only visible for Actualtests4sure members. You can sign-up / login (it's free).

Question 10

Identify the functionality of Self Service Procurement that allows a Requester a 360-degree view of any purchasing document, such as a Requisition or PO.

A. Manage Train Stops

B. Workflow administration

C. View pdf

D. Manage Life Cycle

E. View Full Details

Correct Answer: D

Oracle Procurement Cloud 2022 Implementation Professional - 1z0-1065-22 Exam Practice Test

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