Online Access Free 1Z0-1065-21 Exam Questions

Identify five business functions that must be configured in order to implement a complete Procure-to-Pay business process in Oracle Procurement Cloud. (Choose five.)

• A.Payments
• B.Inventory
• C.Incentive Compensation
• D.Purchasing
• E.Invoicing
• F.Requisitioning
• G.Receiving

Alliance Corp's approval policy requires the number of approvers to be based on the Item category. If the total amount of all items within a requisition with Item category "IT" is less than 1000USD, then the IT manager needs to approve it. But if the total amount of IT category items within a requisition exceeds 1000 USD, then the IT manager, IT director, and CIO need to approve the document. For any other purchasing categories below 1000 USD, the purchasing manager approves it; and anything above 1000 USD, the procurement VP approves. Approval policy at Alliance Corp is configured to use the attribute type of "Summation" based on the IT category.
An employee submits the following requisition:
LINEDESCRIPTIONCATEGORYAMOUNT
1Mac LaptopIT. Laptop899.00
2LCD MonitorIT. Monitor250.00
3IPhone6Telephony. Cellphone199.99\
Refer to the exhibit to select the final approving authority.

• A.Line 1 is approved by the IT manager, Line 2 by the IT director, and Line 3 by the purchasing manager.
• B.Line 1 is approved by the purchasing manager, Line 2 by the IT manager, and Line 3 by the IT director.
• C.Line 1 and Line 2 are approved by the CIO, and Line 3 by the purchasing manager.
• D.Line 1 and Line 2 are approved by the ITmanager, and Line 3 by the purchasing manager.

For audit compliance, you require supplier bank accountchanges made by your supplier administrator to be approved.
Which step achieves this? (Choose the best answer.)

• A.Set up Approve Internal Changes on Supplier Bank Accounts
• B.Set up Supplier-Initiated ProfileChange Request
• C.Manage Changes on Supplier Bank Accounts
• D.Manage Supplier Profile Change Approvals
• E.Configure Supplier Registration and Profile Change Request

Identify the threebusiness benefits provided by the Manage Approval Rules user interface.

• A.minimaldependency on IT group for rules setup
• B.quick information search
• C.support for common business requirements to route approvals based on aggregated information
• D.faster ramp-up time to set up approval rules
• E.ease of ordering items

Your customer has three Business Units, of which two are requisitioningBusiness Units and one is a Procurement Business Unit. They want to define each document number based on document type and business unit combination in Oracle Procurement Cloud.
Which Functional Setup Manager task can be used to accomplish these requirements?

• A.Configure Requisitioning Business Function
• B.Configure Procurement Business Function
• C.Manage Common Options for Payables and Procurement
• D.Manage Procurement Document Numbering