Oracle Fusion Cloud Procurement 2024 Implementation Professional (1z0-1065-24) Free Practice Test

Question 1

Your customer requires any approved requisition to be reapproved whenever a buyer updates a catalog requisition line during requisition processing.
How must they set this up?

A. In the Configure Requisitioning Business Function task, select "Approval required for buyer modified lines".

B. Configure the PO Approval rule in such a way that buyer-modified requisition lines will go for approval again.

C. After requisition modification, a buyer needs to reassign the requisition line to the requisition authority for approval.

D. Configure a Requisition Approval rule to include the "Approval required for buyer modified lines'' condition.

Correct Answer: A

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Question 2

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. Application Composer

B. Appearance Composer

C. Workflow Composer

D. Page Composer

E. Structure Composer

Correct Answer: D

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Question 3

When setting up the supplier profile, you want to be able capture multiple certificates belonging to the same business classification that were issued by different certifying agencies. These should include the Certifying Agency, Certificate, Start Date, and Expiration Date as well as attachments and notes.
Which three are application-supplier standard business classification lookup values?

A. Small Business

B. Minority Owned

C. Hub Zone

D. Nonprofit Business

E. Green Business

F. ISO 14001

Correct Answer: A,B,C

Question 4

Which set of areas is part of the streamlined procure-to-pay process in Oracle Fusion Cloud Procurement?

A. Pay, Catalog, Purchase

B. Pay, Catalog, Requisition

C. Pay, Supplier, Purchase

D. Pay, Supplier, Requisition

E. Pay, Requisition, Purchase

Correct Answer: E

Question 5

Procurement Contracts allows you to take control of your contract lifecycle, from authoring and negotiation through implementation, enforcement, evaluation, and closeout. Procurement experts can quickly author contracts that comply with corporate standards.
Which statement applies to Procurement Contracts?

A. Approved contracts may not be amended.

B. Contract authoring may only be accessed from Procurement Contracts.

C. Digital signatures must be added.

D. Contracts may be amended post approval.

Correct Answer: D

Question 6

Your 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?

A. Full Supplier Profile Change Management

B. Conduct Internal Surveys for Supplier Qualification

C. Assess Supplier Eligibility for Sourcing

D. Sourcing Programs

Correct Answer: B

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Question 7

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 Application Core Messages

B. Manage Purchasing Messages

C. Manage Purchasing Profile Options

D. Manage Purchasing Profile Messaging Options

E. Manage Purchasing Value Sets

Correct Answer: C

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Question 8

You want to process negotiations with hundreds of lines.
Which two options in Sourcing enable you to process large negotiations?

A. Award lines spreadsheet

B. file-based data import (FBDI)

C. Invite additional suppliers post publish

D. Integration with Purchasing to generate purchasing documents

E. Proxy-bidding

Correct Answer: A,B

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Oracle Fusion Cloud Procurement 2024 Implementation Professional (1z0-1065-24) Free Practice Test