Get Ready to Pass the 1z0-1065-23 exam Right Now Using Our Oracle Procurement Cloud Exam Package
Enhance Your Career With Available Preparation Guide for 1z0-1065-23 Exam
NEW QUESTION # 10
Which action is required to enable the supplier contacts of a parent company to respond to the negotiations of their subsidiaries?
- A. The parent supplier must be added to the negotiation.
- B. The subsidiary supplier must request the parent supplier contact be added to the negotiation.
- C. The parent supplier must be added to the subsidiary supplier profile.
- D. The subsidiary supplier must forward the negotiation to the parent company to respond.
Answer: A
Explanation:
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
NEW QUESTION # 11
In the application, you can now view negotiation details for Purchase Orders and Purchase Agreements created as negotiation award outcomes.
Which tool should you use to make the field available?
- A. Page Composer
- B. Appearance Composer
- C. Workflow Composer
- D. Structure Composer
- E. Application Composer
Answer: A
Explanation:
Explanation
Page Composer is a tool that you can use to customize the user interface of Oracle Fusion Cloud Procurement applications by adding, removing, or rearranging fields on pages. You can also modify the properties and styles of the fields, and add flex fields and hyperlinks. To make the negotiation details field available for Purchase Orders and Purchase Agreements, you can use Page Composer to edit the page layout and add the field from the source pane. You can also specify the conditions and expressions for displaying the field.
References:
Modify the Requisitions Page Layout Using Page Composer, Section 1: "Modify the Requisitions Page Layout Using Page Composer" Page Composer, Section 1: "Page Composer"
NEW QUESTION # 12
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
Answer:
Explanation:
See below in Explanation for each Step.
Explanation
To define a Procurement Agent, you can follow these steps:
Navigate to the Setup and Maintenance work area and search for the Manage Procurement Agents task.
Click on the Go to Task icon to open the Manage Procurement Agents page.
Click on the Create icon to create a new procurement agent.
Enter the following information in the Create Procurement Agent dialog box:
Procurement Business Unit: US1 Business Unit
Agent: Student, PRC01
Procurement Actions: Select all the check boxes to assign all the default procurement actions Click on the Save and Close button to save the procurement agent.
You have successfully defined a procurement agent. You can verify the procurement agent details by searching for it in the Manage Procurement Agents page. For more information on how to define and manage procurement agents, you can refer to the Define Procurement Agents (Oracle Fusion Cloud Procurement Implementation Guide) document.
Or the following steps:
Following the scenario, we need to define you (Student, PRCXX) as a Procurement Agent with access to manage procurement transactions in the US1 Business Unit.
Here are the steps to define the Procurement Agent:
Navigate to Manage Procurement Agents:
Go to the Global Navigation Menu.
Click on Procurement.
Click on Setup and Maintenance.
Click on Procurement Agents.
Create the Procurement Agent:
Click on the Create icon (+ icon).
Enter the Procurement Agent Information:
Procurement BU: Select "US1 Business Unit".
Agent: Enter your assigned Login username - "Student, PRCXX" (replace xx with 01).
Requisitioning BU: (Optional) You can select a specific Requisitioning Business Unit if you primarily handle requests from that unit. Otherwise, leave it blank.
Default Procurement Actions: Select "Use Defaults". This assigns all default procurement actions (create purchase orders, issue requisitions, etc.) to you.
Save the Procurement Agent:
Click on the Save button.
Verification:
You should now be listed as a Procurement Agent in the Manage Procurement Agents page.
You can verify your assigned actions and Business Units by clicking on your record.
You should be able to create and manage procurement transactions within the US1 Business Unit.
Additional Notes:
Make sure to replace "xx" with your allocated User ID (01) in the Agent field for accurate identification.
Selecting "Use Defaults" assigns all standard procurement actions to you. You can customize these actions later if needed.
Remember that your access level and permissions within the Procurement module will be determined by your Procurement Agent role and associated Business Units.
NEW QUESTION # 13
Manage Locations
Scenario:
Your organization, headquartered in Redwood City, CA, zip code 94065, is implementing Oracle Procurement Cloud.
Task1
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
Answer:
Explanation:
See below in Explanation for each Step.
Explanation
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:
Location Set: US Location Set
Name: PRC01 Location
Code: PRC01LOC
Address Line 1: 1000 Main St
City: Redwood City
State: CA
Postal Code: 94065
Country: United States
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:
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.
NEW QUESTION # 14
You want to process negotiations with hundreds of lines.
Which two options in Sourcing enable you to process large negotiations?
- A. Proxy-bidding
- B. Integration with Purchasing to generate purchasing documents
- C. Invite additional suppliers post publish
- D. Award lines spreadsheet
- E. file-based data import (FBDI)
Answer: D,E
Explanation:
Explanation
To process negotiations with hundreds of lines, you can use the file-based data import (FBDI) and the award lines spreadsheet options in Sourcing. The FBDI option allows you to import a large number of negotiation lines using a MS Excel template and a background process. You can also update or delete existing lines using the same option. The award lines spreadsheet option allows you to export the negotiation lines to a MS Excel file, where you can enter the award decisions and amounts. You can then import the file back to the application using a background process to complete the award.
References:
How You Create Large Negotiations, Section 1: "How You Create Large Negotiations" Award Negotiations Using Spreadsheet, Section 1: "Award Negotiations Using Spreadsheet"
NEW QUESTION # 15
To 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?
- A. The contract is in Active status.
- B. The contract is of Sell intent.
- C. The contract is in Draft status.
- D. The contract is in Under amendment status.
- E. The contract is of Buy intent.
Answer: A,C,E
Explanation:
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"
NEW QUESTION # 16
Within 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?
- A. Sender Policy Framework (SPF)
- B. Business-to-Business Service (B2B)
- C. Application Development Framework (ADF)
- D. Public Key Infrastructure (PKI)
Answer: A
Explanation:
Explanation
Sender 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 Reports2
NEW QUESTION # 17
When 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?
- A. Create a negotiation and add each supplier contact to it.
- B. Create a negotiation and send it to the supplier bidder contact for forward distribution.
- C. Create a negotiation by using a negotiation template with each supplier contact added.
- D. Create the negotiation by using a negotiation style with the appropriate supplier control selected.
Answer: D
Explanation:
Explanation
The 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"
NEW QUESTION # 18
You 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?
- A. Service Provider relationship in the Requisitioning business unit setup
- B. Default Requisitioning business unit relationship in the Procurement Agent setup
- C. Spend Authorized relationship between a Supplier and a Requisitioning business unit
- D. Default Procurement BU relationship in the Requisitioning business function setup
Answer: A
Explanation:
Explanation
To 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 - Oracle
2: Implement Procurement - docs.oracle.com
[3]: Setup Steps in Oracle Fusion Cloud Procurement
NEW QUESTION # 19
During a discussion about your implementation, your client mentioned that they negotiate credits for equipment trade-ins.
How can you create this in the application?
- A. Create a purchase order template that supports credit lines.
- B. Create a requisition with a negative line.
- C. Create an agreement with a credit line.
- D. Create a document style that supports credit lines.
Answer: D
Explanation:
Explanation
A document style is a template that defines the layout and content of a purchasing document, such as a purchase order, a purchase agreement, or a requisition. You can create a document style that supports credit lines, which are purchase order lines with a negative amount to record credits to the ordered amount that you have negotiated with your supplier. For example, you can use a credit line to represent credit for an equipment trade-in. You can also specify other attributes for the documentstyle, such as the line types, the change order policies, the approval rules, and the communication methods.
References:
How You Create Purchase Order Lines with Negative Amounts
How You Enable Creation of Purchase Order Lines with Negative Amounts
Create Supplier Contracts from Negotiation Award
NEW QUESTION # 20
An electronics parts manufacturer has decided to implement only the Purchasing application from the Oracle Fusion Cloud Procurement pillar.
Which setup component will they NOT require for this implementation?
- A. Document Style
- B. Procurement Agents
- C. Requisitioning Business Function
- D. Change Order Template
- E. Cost Factors
Answer: E
Explanation:
Explanation
Cost factors are used to identify charges associated with a negotiation line in addition to price, such as shipping and handling, retooling, or import duties. Cost factors are part of the Supplier Negotiation application, which is not required for implementing only the Purchasing application. The other options are all setup components that are needed for the Purchasing application.
References:
Create Cost Factors
REST API for Oracle Fusion Cloud Procurement - External Cost Factors and External Cost Factors
NEW QUESTION # 21
Challenge 3
Manage Purchasing Line Types
Scenario:
Your business unit requires a new line type for purchasing transactions.
Task3:
Create a new Purchasing Line Type, where:
. Name of the line type is PRCXX Computer Goods (Replace xx with 01, which is your allocated User ID.)
Code is PRCXXCOMP
. Purchase basis is quantity-based for the Goods product type
. Line type is linked to the Computer Supplies category
. Unit is Ea
Answer:
Explanation:
See below in Explanation for each Step.
Explanation
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:
Name: PRC01 Computer Goods
Code: PRC01COMP
Purchase Basis: Quantity
Product Type: Goods
Category: Computer Supplies
Unit of Measure: Ea
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:
Go to the Global Navigation Menu.
Click on Procurement.
Click on Setup and Maintenance.
Click on Purchasing Line Types.
Create the Purchasing Line Type:
Click on the Create icon (+ icon).
Enter the Purchasing Line Type Information:
Name: Enter "PRCXX Computer Goods" (replace xx with 01).
Code: Enter "PRCXXCOMP".
Purchase Basis: Select "Quantity-Based".
Product Type: Select "Goods".
Category: Select "Computer Supplies".
Unit: Enter "Ea" (for Each).
Description: (Optional) Enter a brief description of the line type.
Map Accounts:
Click on the Map Accounts tab.
Select the appropriate accounts for the following:
Inventory Asset Account
Inventory Expense Account
Cost of Goods Sold Account
Click on the Save and Close button.
Save the Purchasing Line Type:
Click on the Save button.
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.
NEW QUESTION # 22
In the Supplier Portal, which job role must you allocate to a supplier contact to enable them to provision user accounts to their own employees?
- A. Supplier Administrator
- B. Supplier Manager
- C. Supplier Self Service Administrator
- D. Supplier Self Service Clerk
Answer: A
Explanation:
Explanation
The Supplier Administrator job role is the only one that can provision user accounts to their own employees in the Supplier Portal. This role allows the supplier contact to manage supplier profile and user provisioning, as well as perform other tasks related to supplier master data, supplier qualification, and supplier registration. The other job roles do not have the privilege to create or modify supplier user accounts.
References:
Oracle Fusion Supplier Portal Important Roles
Supplier Administrator (Abstract Role)
Supplier Portal Job Roles and Tasks
NEW QUESTION # 23
......
Get Special Discount Offer of 1z0-1065-23 Certification Exam Sample Questions and Answers: https://www.prepawayete.com/Oracle/1z0-1065-23-practice-exam-dumps.html
New 1z0-1065-23 Dumps For Preparing Oracle Procurement Cloud Certified Oracle Exam Well: https://drive.google.com/open?id=1rbw2vNuvRSVSto5DKvQaMiq27tuhWN8x