1Z0-1065-24 Exam: Absolutely Free Online Practice

Question 1
- Which two approval tasks can be performed by using the Manage Approval Rules user interface in Cloud Procurement?
  A : Purchasing Document Approval
  
  B : Item Creation Approval
  
  C : Supplier Registration Approval
  
  D : Expenses Approval
  
  Answer: A,C
Question 2
- A customer wants to be able to see the recoverable and non recoverable components of inclusive taxes in addition to existing exclusive taxes on purchase orders.
  In the Manage Configuration Owner Tax task, which option can achieve this?
  
  A : Enable the Supplier Inclusive Tax for Calculated Tax option, for purchase orders.
  
  B : Enable the Allow Supplier Tax Variance Calculated Tax option for purchase orders.
  
  C : Enable the Inclusive Treatment for Calculated Tax option for purchase orders.
  
  D : Enable the Enforce Calculated Tax from Reference Document option for purchase orders.
  
  E : Enable the Exclusive Treatment for Calculated Tax option for purchase orders.
  
  Answer: C
Question 3
- Identify the Duty role that you need to associate with the Job role to enable the ''new supplier request'' functionality.
  A : Supplier bidder duty
  
  B : Supplier Self Service administrator duty
  
  C : Supplier sales representative duty
  
  D : Supplier Self Service clerk duty
  
  E :
  Submit supplier registration duty
  Only registration requests in pending approval status can be edited. The user must be the current approver and have Supplier Registration Management Duty (Edit Supplier Registration Request privilege), or Supplier Profile Management Duty (Access Supplier Workarea Overview privilege) to edit the registration.
  https://learn.oracle.com/ols/course/prepare-for-procurement-cloud-implementation-2020-certification/46356/79000/108303
  
  Answer: A
Question 4
- In relation to a Business Unit, which two statements are true?
  A : It is used to post transactions to multiple primary ledgers.
  
  B : It is used to partition subledgers.
  
  C : It can only process transactions on behalf of one legal entity.
  
  D : It can be consolidated into a managerial and legal hierarchy.
  
  E : It must only have a single function.
  
  Answer: A,D
Question 5
- 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 : Response Visibility Open
  
  C : Technical and Commercial Evaluation
  
  D : Two stage Evaluation
  
  E : Response Visibility Blind
  
  F : Response Visibility is always Sealed
  
  Answer: A,C,D

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