BEST Verified Oracle 1z0-1112-2 Exam Questions (2024)
The Best Practice Test Preparation for the 1z0-1112-2 Certification Exam
NEW QUESTION # 29
Which options do you select on the Requisition Preferences page? (Choose two)
- A. Role
- B. Shipping and delivery preferences
- C. Favorite charge accounts for billing purposes
- D. Preferred carrier for transporting goods
Answer: B,C
NEW QUESTION # 30
Which of the THREE statements are true about Supplier Negotiation?
- A. Questions are created in the active status by default
- B. Existing contracts can be used to create terms
- C. Internal cost factor can be used to withhold payments
- D. Qualification area can be reused as the requirement section
- E. Supplier comments can be turned off
Answer: A,B,D
NEW QUESTION # 31
When amending a contract; which additional field is added to the contract?
- A. Amendment Update Date
- B. Amendment Effective Date
- C. Amendment Revision Date
- D. Amendment Start Date
Answer: B
NEW QUESTION # 32
Your department needs 100 laptops on an urgent basis. The Category Manager has created a negotiation and has decided to use automatic award recommendation.
Below are the responses received from your supplier What is the automatic recommendation made by the system?
- A. Award 100 laptops to Supplier C
- B. Award 50 laptops each to Supplier B and Supplier D
- C. Award 50 laptops each to Supplier C and Supplier D
- D. Award 100 laptops to Supplier B
Answer: D
NEW QUESTION # 33
Which two steps are required when creating contracts using guided authoring (wizard)?
- A. Validate the contract
- B. Add digital signature
- C. Submit the contract for approval
- D. Preview any added clauses
Answer: A,C
NEW QUESTION # 34
Which TWO activities are part of the Requisition to Receipt lifecyle?
- A. Create Purchase Order
- B. Create Contract
- C. Receive Goods
- D. Pay Supplier
Answer: A,C
NEW QUESTION # 35
Which are the final steps in the supplier negotiation life cycle? (Choose two)
- A. Identify Suppliers
- B. Analyze
- C. Award
- D. Create Purchasing Documents
Answer: C,D
NEW QUESTION # 36
Glenn Systems has decided to enable the Additional Duplicate Invoice Check feature: Which THREE additional attributes are considered for duplicate invoice check when this feature is enabled?
- A. Invoice Date
- B. Invoice Type
- C. Supplier Location
- D. Invoice Amount
- E. Supplier Tax Registration Number
Answer: A,D,E
NEW QUESTION # 37
You can compare a maximum of ten items in Purchasing Requisitions.
- A. Yes
- B. No
Answer: B
NEW QUESTION # 38
Which of the following can be tracked in the requisition life cycle? (Choose two)
- A. Invoices
- B. Purchase Orders
- C. Amendments
- D. Trend statistics
Answer: A,B
NEW QUESTION # 39
Your organization requires only the best bid value to be shared with your supplier in negotiation Identify the TWO correct configurations to achieve this.
- A. Set response visibility to competitive
- B. Enable response rule - Display overall rank to suppliers
- C. Enable response rule - Display best price to suppliers
- D. Set response visibility to sealed
- E. Set response visibility to blind
- F. Enable response rule - Display all responses to suppliers
Answer: C,E
NEW QUESTION # 40
Steve has recorded an invoice with the Header amount as USD 2000 and Line amount as USD 200. Identify the hold reason that the system apply during the initial validation of this invoice.
- A. Received Quantity
- B. Distribution Variance
- C. Line Variance
- D. Ordered Quantity
Answer: C
NEW QUESTION # 41
Choose three different ways that you can create purchase order:
- A. Automatic
- B. FBDI
- C. Manual
- D. OTBI
- E. Express
Answer: A,B,C
NEW QUESTION # 42
Complete this statement: When a Charge order is pending approval it can be... (choose two)
- A. Deleted
- B. Canceled
- C. Withdrawn
- D. Voided
Answer: B,C
NEW QUESTION # 43
Which THREE attributes can be used when creating approval rules?
- A. Category
- B. Ordered amount
- C. Requisition amount
- D. Retroactive price
- E. Sourcing amount
Answer: A,B,C
NEW QUESTION # 44
Your organization follows the integrated invoice imaging solution to scan and process supplier in-voices: Steve is a Payables clerk and his job is to regularly review the invoices created from an in-voice image that has invalid or missing dat a. In which status can these invoices be found?
- A. Not Validated
- B. Incomplete
- C. Needs Revalidation
- D. Validated
Answer: A
NEW QUESTION # 45
What elements do negotiation templates include? (Choose two)
- A. Savings
- B. Bidding
- C. Response Rules
- D. Negotiation Lines
Answer: B,D
NEW QUESTION # 46
When creating contract terms template you wish to add a clause; but the clause isn't available in the list to be selected.
What is the likely reason for this?
- A. The clause has to be saved to be available in the list
- B. The clause has to be activated to be available in the list
- C. The clause has to be in draft to be available in the list
- D. The clause has to be approved to be available in the list
Answer: B
NEW QUESTION # 47
Identify the THREE correct pairs of Oracle procurement business process and the related cloud module:
- A. Supplier Registration to Supplier Performance - Supplier Portal
- B. Contract Creation to Spend Compliance - Supplier Qualification Management
- C. Requisition to Receipt - Self Service Procurement
- D. Insight to Smart Sourcing - Procurement Contract
- E. Receive Invoice to Payment - Financials
Answer: A,C,E
NEW QUESTION # 48
Identify the correct order of organizing questions in the supplier qualification
- A. Qualification Area - Qualification Model - Initiative - Questions
- B. Initiative - Qualification Area - Qualification Model - Questions
- C. Questions - Initiative - Qualification Area - Qualification Model
- D. Questions - Qualification Area - Qualification Model - Initiative
Answer: D
NEW QUESTION # 49
Which two statements are true about supplier registration by a Supplier Self Service Administrator?
- A. A supplier is automatically created on submitting the registration request
- B. At least one address is required to complete supplier registration
- C. DataFox Supplier Intelligence autosuggests previously validated suppliers
- D. Business classification is mandatory to complete supplier registration
Answer: A,B
NEW QUESTION # 50
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