Most 1z0-1065-24 Reliable Questions | 1z0-1065-24 Reliable Test Sample
Most 1z0-1065-24 Reliable Questions | 1z0-1065-24 Reliable Test Sample
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Oracle Fusion Cloud Procurement 2024 Implementation Professional Sample Questions (Q48-Q53):
NEW QUESTION # 48
Which three areas in Oracle Fusion Cloud Procurement offer strategic procurement?
- A. Supplier Management
- B. Sourcing
- C. Procurement Contracts
- D. Catalogs
- E. Receipts
Answer: A,B,C
NEW QUESTION # 49
Procurement Contracts allows you to take control of your contract lifecycle, from authoring and negotiation through implementation, enforcement, evaluation, and closeout. Procurement experts can quickly author contracts that comply with corporate standards.
Which statement applies to Procurement Contracts?
- A. Approved contracts may not be amended.
- B. Digital signatures must be added.
- C. Contract authoring may only be accessed from Procurement Contracts.
- D. Contracts may be amended post approval.
Answer: D
NEW QUESTION # 50
During a discussion about your implementation, your client mentioned that they negotiate credits for equipment trade-ins.
How can you create this in the application?
- A. Create a purchase order template that supports credit lines.
- B. Create a document style that supports credit lines.
- C. Create an agreement with a credit line.
- D. Create a requisition with a negative line.
Answer: A
Explanation:
A document style is a template that defines the layout and content of a purchasing document, such as a purchase order, a purchase agreement, or a requisition. You can create a document style that supports credit lines, which are purchase order lines with a negative amount to record credits to the ordered amount that you have negotiated with your supplier. For example, you can use a credit line to represent credit for an equipment trade-in. You can also specify other attributes for the document style, such as the line types, the change order policies, the approval rules, and the communication methods.
References:
* How You Create Purchase Order Lines with Negative Amounts
* How You Enable Creation of Purchase Order Lines with Negative Amounts
* Create Supplier Contracts from Negotiation Award
NEW QUESTION # 51
You want to send your purchasing documents from a specific organization-wide email address.
What task would you use to set this up?
- A. Manage Purchasing Messages
- B. Manage Purchasing Application Core Messages
- C. Manage Purchasing Profile Messaging Options
- D. Manage Purchasing Profile Options
- E. Manage Purchasing Value Sets
Answer: D
Explanation:
To send your purchasing documents from a specific organization-wide email address, you need to use the task Manage Purchasing Profile Options. This task allows you to configure various profile options that control the behavior and functionality of the Purchasing application. One of these profile options is PO: Email Sender Address, which specifies the email address that appears in the From field of the email notifications sent to suppliers and internal users. You can set this profile option at the site level to apply it to all business units, or at the product level to apply it to a specific business unit.
References:
* Implement Procurement - docs.oracle.com
* PRC:PO: Supplier Communication from Email Address ... - My Oracle Support
* PRC:PO: Sending Purchase Order (PO) Email ... - My Oracle Support
NEW QUESTION # 52
Challenge 3
Manage Purchasing Line Types
Scenario:
Your business unit requires a new line type for purchasing transactions.
Task3:
Create a new Purchasing Line Type, where:
. Name of the line type is PRCXX Computer Goods (Replace xx with 01, which is your allocated User ID.)
Code is PRCXXCOMP
. Purchase basis is quantity-based for the Goods product type
. Line type is linked to the Computer Supplies category
. Unit is Ea
Answer:
Explanation:
See below in Explanation for each Step.
Explanation:
To create a new Purchasing Line Type, you can follow these steps:
* Navigate to the Setup and Maintenance work area and search for the Manage Purchasing Line Types task.
* Click on the Go to Task icon to open the Manage Purchasing Line Types page.
* Click on the Create icon to create a new line type.
* Enter the following information in the Create Line Type dialog box:
* Name: PRC01 Computer Goods
* Code: PRC01COMP
* Purchase Basis: Quantity
* Product Type: Goods
* Category: Computer Supplies
* Unit of Measure: Ea
* Click on the Save and Close button to save the line type.
You have successfully created a new Purchasing Line Type. You can verify the line type details by searching for it in the Manage Purchasing Line Types page. For more information on how to define and use line types, you can refer to the Defining Line Types (Oracle Purchasing Help) document.
Or use the following:
Following the scenario, we need to create a new Purchasing Line Type in Oracle Procurement Cloud named
"PRCXX Computer Goods" (replace xx with 01) for purchasing computer supplies.
Here are the steps to create the Purchasing Line Type:
* Navigate to Manage Purchasing Line Types:
* Go to the Global Navigation Menu.
* Click on Procurement.
* Click on Setup and Maintenance.
* Click on Purchasing Line Types.
* Create the Purchasing Line Type:
* Click on the Create icon (+ icon).
* Enter the Purchasing Line Type Information:
* Name: Enter "PRCXX Computer Goods" (replace xx with 01).
* Code: Enter "PRCXXCOMP".
* Purchase Basis: Select "Quantity-Based".
* Product Type: Select "Goods".
* Category: Select "Computer Supplies".
* Unit: Enter "Ea" (for Each).
* Description: (Optional) Enter a brief description of the line type.
* Map Accounts:
* Click on the Map Accounts tab.
* Select the appropriate accounts for the following:
* Inventory Asset Account
* Inventory Expense Account
* Cost of Goods Sold Account
* Click on the Save and Close button.
* Save the Purchasing Line Type:
* Click on the Save button.
Verification:
* The Purchasing Line Type "PRCXX Computer Goods" (replace xx with 01) should now be listed in the Manage Purchasing Line Types page.
* You can verify the details of the line type by clicking on it.
* The purchase basis, product type, category, unit, and mapped accounts should be displayed as specified above.
Additional Notes:
* Make sure to replace "xx" with your allocated User ID (01) in both the Purchasing Line Type name and code for consistent naming convention.
* Mapped accounts define where the financial transactions associated with this line type will be posted in the General Ledger.
* Carefully review the mapped accounts to ensure they are aligned with your organization's accounting practices.
NEW QUESTION # 53
......
Whatever your professional, working towards a Oracle Fusion Cloud Procurement 2024 Implementation Professional 1z0-1065-24 certification or designation takes a significant amount of effort and time. Once you have put all your effort, and investment and prepared well then you will be in a position to pass the Oracle Fusion Cloud Procurement 2024 Implementation Professional 1z0-1065-24 Certification Exam. But once you get success in the Oracle Fusion Cloud Procurement 2024 Implementation Professional 1z0-1065-24 test you’ll be eligible to avail all the personal and professional benefits associated with Oracle Fusion Cloud Procurement 2024 Implementation Professional 1z0-1065-24 certification.
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