1Z0-1065-26 Exam: Absolutely Free Online Practice

Question 1
- When you are creating your purchase orders, you want to be able to apply discounts to all purchase order lines with a single action and have opted in to the feature. Which are the two conditions when the base price CANNOT be changed?
  A : The purchase order tine is created from a punchout marketplace that does not allow the price to be changed.
  
  B : The purchase order line is for catalog items.
  
  C : The purchase order line is received or billed, and the procurement business unit configuration does not allow manual price updates.
  
  D : The purchase order line is included on a Procurement Contract.
  
  Answer: A,D
Question 2
- Identify the statement that is not valid for Oracle Cloud Procurement Contracts
  A : The Contracts terms template defines pre-approved boiler plate for the type and circumstances for the contract
  
  B : The Contracts terms template drives rules to help you follow company policy
  
  C : Allows you to capture any change in Terms & Conditions of Contract in MS Word
  
  D : Allows you to publish Contracts on Social Networks
  
  Answer: D
Question 3
- You are implementing Cloud Procurement contracts and during user acceptance testing, the user would like to create clauses in the Cloud applications similar to what were available in their legacy Contract application.Identify two ways to create clauses as per their requirement. (Choose two.)
  A : Manage Contract Standard Clauses from Functional Setup Manager.
  
  B : Create Clauses from the Contracts workarea page.
  
  C : Manage Contract Standard Clauses, Templates, and Profiles from Functional Setup Manager.
  
  D : Import Clauses from the Contracts workarea page.https://docs.oracle.com/en/cloud/saas/procurement/20a/fasca/setting-up-contract-terms-and-clause-library-configurations.html#FASCA26889The clause is the basic building block of both the terms library and contracts in general. Using the Create Clause task in the Terms Library work area the following steps summarize the creation of a clause. See the related links section for a detailed demonstration. https://docs.oracle.com/en/cloud/saas/procurement/20a/fasca/setting-up-contract-terms-and-clause-library-configurations.html#FASCA165341You can import clauses, values sets, and manual user variables from external sources into the Contract Terms Library by using interface tables. You can either load your data directly into the interface tables using SQL*Loader, PL/SQL scripts, or JDBC, or you can import the data from an XML file by running the processes described in this topic.
  
  Answer: B,D
Question 4
- You have defined an attribute named 'Years of Experience' in your negotiation. You have set up scores for acceptable value ranges, and would like to rate responses based on this score. On getting the responses from the participating suppliers, you observe that for a few suppliers, the score was not calculated. Identify the reason for this issue.
  A : The attribute 'Years of Experience' was not marked as Required, so the supplier did not provide any value.
  
  B : You already have a few suppliers defined in the system; therefore, the scoring did not take place.
  
  C : The Negotiation type is RFI (Request for Information); therefore, scoring is optional.
  
  D : Sourcing does not support attribute definition.Responses to Requirements can be scored according to the desirability of the response. You can define the Requirement such that the system automatically scores the response (in which case you must specify the allowable values (or ranges of values) for that requirement and each one-s score. Or evaluators can view the response and enter a score manually.References: https://docs.oracle.com/cd/E26401_01/doc.122/e48968/T435340T443517.htm
  
  Answer: A
Question 5
- You have defined an attribute named 'Years of Experience' in your negotiation. You have set up scores for acceptable value ranges, and would like to rate responses based on this score. On getting the responses from the participating suppliers, you observe that for a few suppliers, the score was not calculated. Identify the reason for this issue.
  A : The attribute 'Years of Experience' was not marked as Required, so the supplier did not provide any value.
  
  B : You already have a few suppliers defined in the system; therefore, the scoring did not take place.
  
  C : The Negotiation type is RFI (Request for Information); therefore, scoring is optional.
  
  D : Sourcing does not support attribute definition.Responses to Requirements can be scored according to the desirability of the response. You can define the Requirement such that the system automatically scores the response (in which case you must specify the allowable values (or ranges of values) for that requirement and each one-s score. Or evaluators can view the response and enter a score manually.References: https://docs.oracle.com/cd/E26401_01/doc.122/e48968/T435340T443517.htm
  
  Answer: A

Free Oracle 1Z0-1065-26 Exam Questions

Absolute Free 1Z0-1065-26 Exam Practice for Comprehensive Preparation