1z0-1065-24 Exam Training Practice Tests (Oracle Fusion Cloud Procurement 2024 Implementation Professional)]

Question 1

Your customer is implementing the full suite of Oracle Fusion Cloud Procurement.
From which three applications can users access the Contract Terms library for setting contracts terms for different documents?

A. Purchasing B. Supplier Model C. Procurement Contracts D. Self Service Procurement E. Sourcing

Correct Answer: A,C,E

Question 2

You are using the Responsive Self Service Procurement application and you want to review the list of current approvers of a requisition pending approval, but these are not displayed.
Which two could be reasons for the approvals not being displayed?

A. The requisition is currently under edit by an approver. B. There are errors in retrieving approval details, or there could be any other infrastructure issues. C. Only the approvers can view the list of approvers. D. The approvals task flow has been initiated.

Correct Answer: B,D

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Question 3

You should regularly run reports to protect against fraud.
Which task do you use to select the attributes to be monitored for a supplier model?

A. Manage Common Options for Payables and Procurement B. Manage Transmission Configurations C. Configure Procurement Business function D. Manage Audit Policies E. Configure Supplier Registration and Profile Change Request

Correct Answer: D

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Question 4

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. Contract authoring may only be accessed from Procurement Contracts. B. Contracts may be amended post approval. C. Digital signatures must be added. D. Approved contracts may not be amended.

Correct Answer: B

Question 5

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 Profile Options B. Manage Purchasing Application Core Messages C. Manage Purchasing Messages D. Manage Purchasing Profile Messaging Options E. Manage Purchasing Value Sets

Correct Answer: A

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Question 6

How does the Al-enhanced spend classification process improve procurement efficiency?

A. By enhancing accuracy in categorizing spend transactions B. By generating purchase requisitions C. By automating supplier negotiations

Correct Answer: A

Question 7

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 external cost factors. C. Assess suppliers on both pricing and qualitative aspects. D. Assess suppliers on both pricing and supplier eligibility.

Correct Answer: C

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Question 8

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. Change Order Template B. Cost Factors C. Requisitioning Business Function D. Document Style E. Procurement Agents

Correct Answer: B

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Oracle Fusion Cloud Procurement 2024 Implementation Professional - 1z0-1065-24 Exam Practice Test