Question 1

Identify the statement that is not valid for Oracle Cloud Procurement Contracts

Options :

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 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

What two setups are required to implement and enable abstracts with negotiations? (Choose two.)

Options :

A : Create the abstract controls for the negotiation.

B : Create a negotiation style that supports abstracts.

C : Enable the suppliers to view the Abstract Listing page.

D : Create the negotiation controls to support abstracts.

E : Create the configure negotiation Abstract Listing page.

Answer: A,B

Question 5

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

Higher Test Marks with Free Online 1Z0-1065-26 Exam Practice

Buying Options: