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Here are sample Oracle Fusion Cloud Procurement 2024 Implementation Professional (1Z0-1065-24) Exam questions from real exam. You can get more Oracle Cloud (1Z0-1065-24) Exam premium practice questions at TestInsights.
Your customer needs to be able to process negotiations, some have few lines, and some have many hundreds of lines.
Which two options would help them effectively handle the negotiations that have many lines?
Correct : A, D
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Your client wishes to use amount-based line items when they are ordering a service, for example, they might order $5000 of consulting services over the next year.
Which two fields can be defaulted in from the purchase order line?
Correct : A, C
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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?
Correct : A, D, E
Topic 2, Performance Based Challenges
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SIMULATION
Manage Locations
Scenario:
Your organization, headquartered in Redwood City, CA, zip code 94065, is implementing Oracle Procurement Cloud.
Task 1
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
Correct : 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:
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 onWorkforce Structures.
Click onLocationsunder My Client Groups.
Create the Location:
Click on theCreateicon (+ 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 theSavebutton.
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.
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SIMULATION
Challenge 2
Manage Business Unit
Scenario:
Your organization needs to establish a business unit to manage its procurement activities and assign it to the newly created purchasing location in Redwood City, CA.
Task 2
Create a new Business Unit for your purchasing organization, where you need to:
. Name the business unit as PRCXX Business Unit (Replace xx with 01, which is your allocated User ID.)
. Assign the location previously created
. Link to the USLOCS default set
Correct : A
To create a new Business Unit for your purchasing organization, you can follow these steps:
Navigate to the Setup and Maintenance work area and search for the Manage Business Unit task.
Click on the Go to Task icon to open the Manage Business Unit page.
Click on the Create icon to create a new business unit.
Enter the following information in the Create Business Unit dialog box:
Name: PRC01 Business Unit
Location: PRC01 Location
Default Set: USLOCS
Click on the Save and Close button to save the business unit.
You have successfully created a new business unit for your purchasing organization. You can verify the business unit details by searching for it in the Manage Business Unit page.
Or use the following Steps:
Following the scenario, we need to create a new Business Unit in Oracle Procurement Cloud for your purchasing organization and assign the previously created location in Redwood City, CA.
Here are the steps to create the Business Unit:
Navigate to Manage Business Units:
Go to the Global Navigation Menu.
Click onSetup and Maintenance.
Click onBusiness Unitsunder Common Tasks.
Create the Business Unit:
Click on theCreateicon (+ icon).
Enter the Business Unit Information:
Name:Enter 'PRCXX Business Unit' (replace xx with 01).
Default Location:Select 'PRCXX Location' (replace xx with 01) from the dropdown list.
Default Set:Select 'USLOCS' from the dropdown list.
Description:(Optional) Enter a brief description of the business unit.
Save the Business Unit:
Click on theSavebutton.
Verification:
The Business Unit 'PRCXX Business Unit' (replace xx with 01) should now be listed in the Manage Business Units page.
You can verify the details of the business unit by clicking on it.
The default location and set should be displayed as 'PRCXX Location' (replace xx with 01) and 'USLOCS,' respectively.
Additional Notes:
Make sure to replace 'xx' with your allocated User ID (01) in both the Business Unit name and code for consistent naming convention.
Assigning the US Location Set to the Business Unit ensures that it inherits the legal entities,accounts,and other context information from that set.
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Total 73 questions