Online Access Free 1z0-1065-22 Exam Questions

During the implementation, your customer wants to understand the key features of the two-stage Request For Quotation (RFQ) available in Oracle Sourcing Cloud.
Identify three features of the two-stage RFQ. (Choose three.)

• A.Open Auctions
• B.Technical and Commercial Evaluation
• C.Response Visibility Open
• D.Response Visibility is always Sealed
• E.Response Visibility Blind
• F.Two stage Evaluation

A customer's procurement manager has the authority to approve office supply Purchase Orders up to $6,600.00. For all other types of Purchase Orders, there is no approval hierarchy.
The customer is located in Kandy and the purchasing category for office supplies is Office Supplies. The COA (Chart of Accounts) format is: Company.Business Unit.Cost Center.Account. The future and segment values are 01 for the company, 220 for the Business Unit, 339 for the cost center, 67887 for the account, and the future is always 000000.
Identify the approval group setup that would enable this purchasing practice.

• A.Document Total: Amount Limit = $0.00Account Range: Amount Limit = $6,600Account Range: From: 01.220.339.00000.000000 To: 01.220.339.99999.000000Location: Amount Limit = $5,000 and Location = Kandy
• B.Document Total: Amount Limit = $6,600.00Location: Amount Limit = $6,600 and Location = KandyCategory Range: Amount Limit = $10,000Category Range: From: X.Supplies To: Office.Supplies
• C.Document Total: Amount Limit= $0.00Account Range: Amount Limit = $6,600Account Range: From: 01.220.339.67887.000000 To: 01.220.339.67887.000000Category Range: Amount Limit = $6,600Category Range: From: Office.Supplies To: Office.SuppliesRequisition Document Type setup = 'Owner can Approve'
• D.Document Total: Amount Limit = $0.00Account Range: Amount Limit = $6,600Account Range: From: 01.220.339.67887.000000 To: 01.220.339.67887.000000Category Range: Amount Limit = $6,600Category Range: From: Office.Supplies To: Office.Supplies
• E.Set the Document Total object to include an amount limit of $5,000.00.

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 1000 USD, 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:
LINE DESCRIPTION CATEGORY AMOUNT
1 Mac Laptop IT. Laptop 899.00
2 LCD Monitor IT. Monitor 250.00
3 IPhone6 Telephony. Cellphone 199.99\
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 and Line 2 are approved by the IT manager, and Line 3 by the purchasing manager.
• C.Line 1 is approved by the purchasing manager, Line 2 by the IT manager, and Line 3 by the IT director.
• D.Line 1 and Line 2 are approved by the CIO, and Line 3 by the purchasing manager.

Identify four actions that the Manage Requisition Approval task enables you to perform.

• A.maintain user-defined attributes and use these attributes with rules
• B.create rules by using simple or nested conditions
• C.register an internal and external Supplier
• D.enable or disable a participant
• E.define rule actions by using Supervisory Hierarchy or Position Hierarchy

Identify the statement that is not valid for Oracle Cloud Procurement Contracts

• A.Allows you to publish Contracts on Social Networks
• B.The Contracts terms template defines pre-approved boiler plate for the type and circumstances for the contract
• C.Allows you to capture any change in Terms & Conditions of Contract in MS Word
• D.The Contracts terms template drives rules to help you follow company policy