Updated Jan-2024 Pass 1z0-1112-2 Exam - Real Practice Test Questions
Download Free Oracle 1z0-1112-2 Real Exam Questions
NEW QUESTION # 33
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 in draft to be available in the list
- B. The clause has to be approved to be available in the list
- C. The clause has to be activated to be available in the list
- D. The clause has to be saved to be available in the list
Answer: C
NEW QUESTION # 34
Which three are statuses of a purchase requisition?
- A. Cancelled
- B. Incomplete
- C. Completed
- D. Approved
Answer: A,B,D
NEW QUESTION # 35
What status can negotiations have? (Choose two)
- A. Expired
- B. Invalid
- C. Award in progress
- D. Closed
Answer: C,D
NEW QUESTION # 36
Identify THREE true statements about the Contract Creation process?
- A. Contract needs approval before it is validated
- B. Contract can be optionally signed electronically
- C. Contract terms library can be used to add and delete clauses
- D. Contract is automatically validated upon submission
Answer: B,C,D
NEW QUESTION # 37
Identify the correct sequence of steps to create spend authorized supplier using external registration:
- A. Share registration url - Submit registration url - Supplier autocreated - Approve Sup-plier - Supplier notified manually
- B. Submit registration url - Supplier automatically created - Approve supplier - Supplier notified automatically
- C. Share registration url _ Submit registration url - Approve registration request - Suppli-er autocreated and notified
- D. Submit registration url -_ Supplier manually created - Approve Supplier - Supplier no-tified manually
Answer: C
NEW QUESTION # 38
Which options do you select on the Requisition Preferences page? (Choose two)
- A. Preferred carrier for transporting goods
- B. Role
- C. Favorite charge accounts for billing purposes
- D. Shipping and delivery preferences
Answer: C,D
NEW QUESTION # 39
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. Line Variance
- B. Ordered Quantity
- C. Received Quantity
- D. Distribution Variance
Answer: A
NEW QUESTION # 40
Which status can the qualification model have?
- A. Available
- B. Approved
- C. Active
- D. Audited
Answer: C
NEW QUESTION # 41
Which three key supplier identifiers are used to prevent supplier duplication?
- A. Supplier Id
- B. D-U-N-S Number
- C. Taxpayer Id
- D. Tax Registration Number
Answer: C,D
NEW QUESTION # 42
Select three reasons why contracts should be approved.
- A. Checks contract terms and clauses
- B. Encourages ad hoc buying
- C. Aligns spending policies in the contract
- D. Supports fraud
- E. Protects the organization
Answer: A,C,E
NEW QUESTION # 43
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 50 laptops each to Supplier C and Supplier D
- B. Award 100 laptops to Supplier C
- C. Award 50 laptops each to Supplier B and Supplier D
- D. Award 100 laptops to Supplier B
Answer: D
NEW QUESTION # 44
In relation to receipt routing; how many steps are there in the Inspection Required receiving process?
- A. Four
- B. One
- C. Two
- D. Three
Answer: D
NEW QUESTION # 45
Which TWO activities are part of the Requisition to Receipt lifecyle?
- A. Pay Supplier
- B. Receive Goods
- C. Create Contract
- D. Create Purchase Order
Answer: B,D
NEW QUESTION # 46
Identify the TWO activities performed in a negotiation by Category Manager after awarding supplier:
- A. Submit award for approval
- B. Close the negotiation
- C. Complete the award
- D. Create contract
Answer: A,C
NEW QUESTION # 47
In Oracle Procurement Contracts what tools are available to ease the contracts process? (Choose two)
- A. Contract Wizard
- B. Contract Express
- C. Contract Expert
- D. Contract Genius
Answer: A,C
NEW QUESTION # 48
Complete this statement: When a Charge order is pending approval it can be... (choose two)
- A. Deleted
- B. Withdrawn
- C. Voided
- D. Canceled
Answer: B,D
NEW QUESTION # 49
Which of the following can be tracked in the requisition life cycle? (Choose two)
- A. Purchase Orders
- B. Trend statistics
- C. Invoices
- D. Amendments
Answer: A,C
NEW QUESTION # 50
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. DataFox Supplier Intelligence autosuggests previously validated suppliers
- C. Business classification is mandatory to complete supplier registration
- D. At least one address is required to complete supplier registration
Answer: A,D
NEW QUESTION # 51
Identify the THREE correct pairs of Oracle procurement business process and the related cloud module:
- A. Supplier Registration to Supplier Performance - Supplier Portal
- B. Requisition to Receipt - Self Service Procurement
- C. Insight to Smart Sourcing - Procurement Contract
- D. Receive Invoice to Payment - Financials
- E. Contract Creation to Spend Compliance - Supplier Qualification Management
Answer: A,B,D
NEW QUESTION # 52
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. Supplier Location
- B. Invoice Type
- C. Invoice Amount
- D. Invoice Date
- E. Supplier Tax Registration Number
Answer: C,D,E
NEW QUESTION # 53
Which THREE statements are true about supplier qualification?
- A. Supplier Qualification Manager can map questions to supplier attributes
- B. Supplier Qualification Manager can set specific supplier contact as responder to questions
- C. Supplier Self Service Administrator can respond to questions from the notifications
- D. Supplier Self Service Administrator can view qualification outcome in supplier portal
- E. Supplier Qualification Manager can launch qualification area to fully assess supplier.
Answer: B,C,D
NEW QUESTION # 54
......
1z0-1112-2 Dumps 100 Pass Guarantee With Latest Demo: https://pass4sure.itexamdownload.com/1z0-1112-2-valid-questions.html