Question 1

What are the three different types of category hierarchies available within Oracle Procurement Cloud?

Options :

A : Catalog Category Hierarchy

B : Supplier Products and Services Hierarchy

C : Purchasing Catalog Hierarchy

D : Procurement Category Hierarchy

E : Item Category Hierarchy

Answer: A,B,D

Question 2

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.)

Options :

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

Question 3

In the Oracle Procurement Cloud Setup Flow, which three components are within the Common Procurement Configuration set of tasks?

Options :

A : Supplier Configuration

B : Supplier Portal

C : Payables and Procurement

D : Buyer Assignments

E : Procurement Agents

Answer: A,D,E

Question 4

In which Functional setup Manager task is Next Purchase Order Number set up?

Options :

A : Manage Common Options for Payables

B : Configure Procurement Business Function

C : Define a sequence for auto numbering and assign it back in Configure BU numbering setup

D : Configure Requisitioning Business Function

Answer: D

Question 5

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.)

Options :

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

Confidently Practice Online with Free 1Z0-1065-26 Exam Cram

Buying Options: