A Fully Updated 2024 1z0-1065-23 Exam Dumps - PDF Questions and Testing Engine
Easy Success Oracle 1z0-1065-23 Exam in First Try
NEW QUESTION # 15
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 document style that supports credit lines.
- B. Create a requisition with a negative line.
- C. Create an agreement with a credit line.
- D. Create a purchase order template that supports credit lines.
Answer: A
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 # 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. Application Development Framework (ADF)
- B. Business-to-Business Service (B2B)
- C. Sender Policy Framework (SPF)
- D. Public Key Infrastructure (PKI)
Answer: C
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
You want to process negotiations with hundreds of lines.
Which two options in Sourcing enable you to process large negotiations?
- A. Integration with Purchasing to generate purchasing documents
- B. Proxy-bidding
- C. Award lines spreadsheet
- D. Invite additional suppliers post publish
- E. file-based data import (FBDI)
Answer: C,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 # 18
In Sourcing, on which option is the ranking based when you set Overall Ranking Method to "Composite scoring"?
- A. Assess suppliers on both pricing and internal cost factors.
- B. Assess suppliers on both pricing and qualitative aspects.
- C. Assess suppliers on both pricing and external cost factors.
- D. Assess suppliers on both pricing and supplier eligibility.
Answer: B
Explanation:
Explanation
When 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 Requirements1
Oracle Supplier Negotiations2
NEW QUESTION # 19
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. Structure Composer
- B. Application Composer
- C. Appearance Composer
- D. Page Composer
- E. Workflow Composer
Answer: D
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 # 20
You 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?
- A. Although the offering configuration can be changed at any time, the changes will influence any existing implementation task lists.
- B. After creating the implementation project, set the status of tasks to in Progress or Implemented.
- C. Select the Enable check box to specify the options.
- D. Change Provisioned to "No" to specify the offering that you want to select while creating an implementation project.
- E. You need the IT Security role to fulfill these requirements.
Answer: B,C
Explanation:
Explanation
When 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 Setup
Oracle Fusion Applications Procurement Implementation Guide, Section 2.1: "Create Implementation Project"
NEW QUESTION # 21
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. Change Order Template
- D. Requisitioning Business Function
- 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 # 22
Your organization now wishes to access the Responsive Self Service Procurement application from the navigator or the springboard on all form factors such as mobile phones, tablets, and laptop devices.
After opting in, which search setup needs to be completed?
- A. Elastic
- B. Fuzzy
- C. Wildcard
- D. Stemming
Answer: A
Explanation:
Explanation
To access the Responsive Self Service Procurement application from the navigator or the springboard on all form factors, you need to complete the Elastic search setup after opting in. Elastic search is a smart search engine that provides fast and accurate results for catalog items and services. It also supports features such as auto-suggest, spell check, and synonym search. You can configure the Elastic search settings in the Manage Search Indexes task in the Setup and Maintenance work area.
References:
Get Started with the Responsive Self Service Procurement Application
How You Configure Oracle Procurement for the Responsive Self Service Procurement Application Use Responsive Self Service Procurement Application
NEW QUESTION # 23
Challenge 4
Manage Inventory Organizations
Scenario:
Your procurement organization requires you to create an inventory organization, which will be used for issuing and receiving procurement transactions.
Task:
Create an Inventory Organization to receive procurement transactions, where:
. Name of the organization is PRCXX Organization (Replace xx with 01, which is your allocated User ID.)
. Organization code is PRCXXORG (Replace xx with 01, which is your allocated User ID.)
. Organization is linked to US1 Business Unit, US1 Legal Entity, and Redwood City - CA location
. Item Master Organization is linked to Operations
. Item Grouping Behavior is set to Definition Organization
. Schedule is set to Operations
Answer:
Explanation:
See below in Explanation for each Step.
Explanation
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:
Name: PRC01 Organization
Code: PRC01ORG
Business Unit: US1
Legal Entity: US1
Location: Redwood City - CA
Item Master Organization: Operations
Item Grouping Behavior: Definition Organization
Schedule: Operations
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:
Go to the Global Navigation Menu.
Click on Supply Chain.
Click on Setup and Maintenance.
Click on Inventory Organizations.
Create the Inventory Organization:
Click on the Create icon (+ icon).
Enter the Inventory Organization Information:
Name: Enter "PRCXX Organization" (replace xx with 01).
Organization Code: Enter "PRCXXORG" (replace xx with 01).
Business Unit: Select "US1 Business Unit".
Legal Entity: Select "US1 Legal Entity".
Location: Select "Redwood City - CA".
Item Master Organization: Select "Operations".
Item Grouping Behavior: Select "Definition Organization".
Schedule: Select "Operations".
Description: (Optional) Enter a brief description of the inventory organization.
Define Item Sourcing Details:
Click on the Item Sourcing Details tab.
Click on the Create icon (+ icon).
Enter the item sourcing details for your organization, including:
Picking Defaults
Inventory Lead Time
Supply Subinventory
Shipping Rules
Click on the Save and Close button.
Save the Inventory Organization:
Click on the Save button.
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.
NEW QUESTION # 24
When 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?
- A. The purchase order line is for catalog items.
- B. The purchase order line is received or billed, and the procurement business unit configuration does not allow manual price updates.
- C. The purchase order line is included on a Procurement Contract.
- D. The purchase order tine is created from a punchout marketplace that does not allow the price to be changed.
Answer: C,D
Explanation:
Explanation
The 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".
NEW QUESTION # 25
You want to send your purchasing documents from a specific organization-wide email address.
What task would you use to set this up?
- A. Manage Purchasing Messages
- B. Manage Purchasing Profile Options
- C. Manage Purchasing Value Sets
- D. Manage Purchasing Application Core Messages
- E. Manage Purchasing Profile Messaging Options
Answer: B
Explanation:
Explanation
To send your purchasing documents from a specific organization-wide email address, you need to use the task Manage Purchasing Profile Options. This task allows you to configure various profile options that control the behavior and functionality of the Purchasing application. One of these profile options is PO: Email Sender Address, which specifies the email address that appears in the From field of the email notifications sent to suppliers and internal users. You can set this profile option at the site level to apply it to all business units, or at the product level to apply it to a specific business unit.
References:
Implement Procurement - docs.oracle.com
PRC:PO: Supplier Communication from Email Address ... - My Oracle Support PRC:PO: Sending Purchase Order (PO) Email ... - My Oracle Support
NEW QUESTION # 26
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. Structure Composer
- B. Application Composer
- C. Appearance Composer
- D. Page Composer
- E. Workflow Composer
Answer: D
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 # 27
To 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?
- A. It is a public template.
- B. It is a global template and the negotiation is created in the same BU as the template.
- C. The template is active at the time of creating the negotiation.
- D. It is a private template where only the template owner can use it.
- E. The template is inactive at the time of creating the negotiation.
Answer: D,E
Explanation:
Explanation
The 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".
NEW QUESTION # 28
......
1z0-1065-23 Study Material, Preparation Guide and PDF Download: https://surepass.actualtests4sure.com/1z0-1065-23-practice-quiz.html
