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

Question 1
- 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 2
- 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 3
- While creating a Contract Purchase Agreement, a buyer tries to add a Contract Template to it, but the List of Values (VOL) is empty.Identify three applicable reasons for this issue.
  A : The Contract Template is in 'Approved' status.
  
  B : The document type associated with the Contract Template is 'Purchase Order'.
  
  C : The document type associated with the Contract Template is 'Contract Purchase Agreement'.
  
  D : The Contract Template is not 'Approved'.
  
  E : The document type associated with the Contract Template is 'Blanket Purchase Agreement'.
  
  Answer: A,B,C
Question 4
- 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 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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