1Z0-963 Online Practice Questions and Answers

You have the following business requirements while configuring applications with related roles:

-

When creating an implementation project, you want to see the list of Offering and Functional Areas that are configured for the project.

-

You want to identify which stage are all Offerings and Functional Areas in.

Identify two setups that fulfill these requirements. (Choose two.)

A. You should have an IT Security role in order to fulfill these requirements.

B. You should select the "Enable for Implementation" check box to specify the Options.

C. Although the Offering configuration can be changed any time, the changes will influence any of the existing implementation task lists.

D. You should change the Provisioned to "No" to specify the Offering that you want to choose while create an implementation project.

E. After implementation tasks, you should set the status to "In Progress" or "Implemented".

An organization wants to establish a supplier onboarding process with qualification and evaluation. Only qualified suppliers should be eligible to supply their goods and service.

How do you model this requirement using external supplier registration and supplier qualification management?

A. External Supplier registration-Prospective > Supplier Response > Promoted as spend authorized > Qualification Evaluation

B. External Supplier registration-Prospective > Initiative > Supplier Response > Qualification Evaluation > Promoted as spend authorized

C. External Supplier registration-Spend Authorized > Initiative > Supplier Response > Qualification Evaluation > Promoted as Prospective

D. External Supplier registration-Spend Authorized > Supplier Response > Qualification Evaluation > Initiative

You are setting up Oracle Cloud Sourcing. You would like participants to provide Insurance and Freight cost for the quotation/RFQ (Request For Quotation) lines.

Identify the configuration that will fulfill this requirement.

A. Add Cost Factors for Freight and Insurance.

B. Add negotiation lines separately to capture Freight and Insurance.

C. Personalize the negotiation UI (User Interface) to add the Freight and Insurance attributes.

D. Define a negotiation style and enable DFF (Descriptive FlexField) for Freight and Insurance.

Your customer has the following business requirements in the Procurement business area:

-

Intercompany transactions need to be defined between the Requisition Business Units and the Procurement Business Unit.

-

Simplify your catalog administration with the catalog superstore.

-

Qualify and assess suppliers to support supplier programs, compliance, and sourcing award decisions.

Identify the three product offerings of Oracle Procurement Cloud that fulfill the above requirements. (Choose three.)

A. Purchasing

B. Sourcing

C. Procurement Contract

D. Self Service Procurement

E. Supplier Qualification

F. Supplier Portal

Your customer wants to change the Need-by-Date of an open Purchase Order. To make this change, a Change Order is initiated by the customer and the request is now being reviewed by the supplier. What will be the status of the Purchase Order and the Change Order in the system?

A. Purchase Order: Open; Change Order: Open

B. Purchase Order: Open; Change Order: Pending Supplier Acknowledgement

C. Purchase Order: Pending Supplier Acknowledgement; Change Order: Pending Supplier Acknowledgement

D. Purchase Order: Pending Supplier Acknowledgement; Change Order: Open

E. Purchase Order: Open; Change Order: New

You created a sourcing two-stage sealed RFQ and invited five suppliers to participate. The Technical stage is completed and the Commercial stage is unlocked.

At this time in the award negotiation section, in the Award Line you are able to see only three supplier's responses as active responses. You are not able to see the other two suppliers' data in the active responses.

Which two reasons are causing this? (Choose two.)

A. Suppliers were already awarded.

B. Suppliers have entered the responses. Because the RFQ is sealed, you are not able to view these two suppliers' data.

C. Suppliers were not shortlisted in the Technical stage.

D. Supplier responses are closed.

E. You have entered these two suppliers' responses as surrogate responses by a buyer. In the Commercial stage, the buyer has not yet entered surrogate responses.

What is the difference between Prospective and Spend authorized suppliers?

A. Prospective suppliers are suggested by internal users, whereas Spend authorized suppliers are registered externally.

B. Prospective suppliers can participate in Sourcing activities only, whereas Spend authorized suppliers can participate in all Procure-to-Pay activities.

C. Prospective suppliers are limited to purchase orders, whereas both purchase order and agreement can be created for Spend authorized suppliers.

D. Prospective suppliers are limited to sourcing and qualification activities, whereas Spend authorized suppliers are limited to purchase orders and agreements.

Identify five business functions that must be configured in order to implement a complete Procure-to-Pay business process in Oracle Procurement Cloud. (Choose five.)

A. Receiving

B. Requisitioning

C. Purchasing

D. Inventory

E. Payments

F. Invoicing

G. Incentive Compensation

Identify two activities that a Buying Organization will be able to perform after it provides the Supplier Portal access to Suppliers. (Choose two.)

A. Create Negotiation flow internally on behalf of prospective suppliers.

B. Import supplier data and related entities.

C. Collect information about prospective suppliers through a self-guided registration flow.

D. Evaluate prospective suppliers by routing their registrations through a collaborative review process by using a flexible rules engine.

E. Consolidate suppliers and supplier sites to clean up duplicate suppliers or support supplier acquisitions.

After gathering requirements from the business leads of customer organization, you have set up the Bill-to location at multiple places during Oracle Procurement Cloud implementation. Identify the source from which the purchase order defaults the Bill-to location.

A. from the `Configure Requisitioning business function'

B. from the `Supplier site assignment' first and if it is `Null' then from `Common Payables and Procurement options'

C. from the `Common Payables and Procurement options' first and if it is `Null' then from `Supplier site assignment'

D. from the `Configure Procurement business function'

E. from the Business Unit setup

An organization implementing Supplier Qualification management has multiple procurement business units: PR BU1, PR BU2, and PR BU3. The Corporate dead office (CORP BU) is also defined as one of the procurement business units.

The organization wants to maintain and manage the Qualification area-A for use by all the procurement business units, but wants the Qualification area-B to be used only by CORP BU and PR BU1.

Identify two setups to fulfill this requirement. (Choose two.)

A. Create the question in CORP BU and select the "Global" check box.

B. Create the Qualification area-A in CORP BU and select the "Global" check box.

C. Create the Qualification area-B in CORP BU and select the "Global" check box.

D. Create the Qualification area-B in CORP BU and select PR BU1.

E. Create the Qualification area-A in PR BU2 and select PR BU3.

During the User acceptance testing of your Cloud Procurement implementation, a user has created a purchase order and is trying to submit the purchase order for approval. On clicking Submit, the user gets a "Funds check failed" error.

Identify the cause of this error.

A. Funds are insufficient and budget type is "Absolute".

B. Funds are insufficient and budget type is "Track".

C. Funds are insufficient and budget type is "Advisory".

D. Funds are available but the approver is not set up as "Budget Manager" for the selected budget for the business unit.

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.

Your customer wants to use Negotiations Online message functionality to interact with suppliers participating in a negotiation.

Identify three features of the Negotiation Online message functionality. (Choose three.)

A. You can do online chatting.

B. The online messages will be retained for future reference and audit trail.

C. You can send SMS to suppliers.

D. You can add attachments in the message.

E. Suppliers can raise clarifications for an auction online and you can respond with answers online.

Your customer is a global company and has multiple legal entities across countries:

- Vision China (Legal Entity 1) has a China Distribution Business Unit (BU).

-Vision US (Legal Entity 2) has a US Distribution BU.

They have the following requirements:

1.

To make purchases from or sell to the other legal entities using intercompany transaction

2.

To automatically determine the sold-to legal entity on a Purchase Order (PO) by using Supply Chain Financial Orchestration (SFO)

Identify three application setups in Oracle Procurement Cloud to fulfill these requirements. (Choose three.)

A. Set up the default procurement business unit for Default Legal Entity in Manage Purchasing Profile Options.

B. Set up the "Multiple Legal Entities on Order" value to "Allow" on the Configure Requisitioning Business Process page.

C. Set up the Default Legal Entity on the Configure Requisitioning Business Process page.

D. Define a primary route on financial orchestration flow to enforce the sold-to-legal entity on a PO.

E. Create Profit Center BU to Party Relationships.