Oracle 1Z0-1007 Online Practice Questions and Exam Preparation

Oracle 1Z0-1007 Online Questions & Answers

• Question 21:

  A replenishment requisition is created with the following details and imported through an open interface in Oracle Procurement Cloud:

  Requisition date -10/10/2012 (DD/MM/YYYY) Requisition Business Unit (BU) -BU1 Item -AS16168

  Identify the Blanket Purchase Agreement that the application would select to automatically create a Purchase Order.

  A. BPA: 9986 Type: Local BPA Effective Dates: 01/08/2012-31/10/2013 Item: AS16168 BU: BU1 Automatically generate orders flag: Yes
  B. BPA: 7998 Type: Local BPA Effective Dates: 01/01/2012-30/09/2012 Item: AS16168 BU: BU1 Automatically generate orders flag: Yes
  C. BPA: 8787 Type: Local BPA Effective Dates: 01/03/2012-31/12/2013 Item: AS16168 BU: BU2 Automatically generate orders flag: No
  D. BPA: 8837 Type: Global BPA Effective Dates: 01/06/2012-31/07/2013 Item: AS16167 BU: BU1 Automatically generate orders flag: Yes
  D. BPA: 8837 Type: Global BPA Effective Dates: 01/06/2012-31/07/2013 Item: AS16167 BU: BU1 Automatically generate orders flag: Yes

• Question 22:

  In relation to a Business Unit, which two statements are true?

  A. It is used to post transactions to multiple primary ledgers.
  B. It is used to partition subledgers.
  C. It can only process transactions on behalf of one legal entity.
  D. It can be consolidated into a managerial and legal hierarchy.
  E. It must only have a single function.
  D. It can be consolidated into a managerial and legal hierarchy.
  E. It must only have a single function.

• Question 23:

  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 "Track".
  B. Funds are insufficient and budget type is "Advisory".
  C. Funds are insufficient and budget type is "Absolute".
  D. Funds are available but the approver is not set up as "Budget Manager" for the selected budget for the business unit.
  C. Funds are insufficient and budget type is "Absolute".

• Question 24:

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

  A. Consolidate suppliers and supplier sites to clean up duplicate suppliers or support supplier acquisitions.
  B. Collect information about prospective suppliers through a self-guided registration flow.
  C. Import supplier data and related entities.
  D. Evaluate prospective suppliers by routing their registrations through a collaborative review process by using a flexible rules engine.
  E. Create Negotiation flow internally on behalf of prospective suppliers.
  B. 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.

• Question 25:

  Which statement is true regarding terms and conditions?

  A. Terms and conditions are not seeded with either Oracle Sourcing Cloud or Oracle Purchasing Cloud.
  B. Terms and conditions are seeded with both Oracle Sourcing Cloud and Oracle Purchasing Cloud.
  C. Terms and conditions are not seeded with Oracle Sourcing Cloud and are only seeded with Oracle Purchasing Cloud.
  D. Terms and conditions are not seeded with Oracle Purchasing Cloud and are only seeded with Oracle Sourcing Cloud
  B. Terms and conditions are seeded with both Oracle Sourcing Cloud and Oracle Purchasing Cloud.

• Question 26:

  Identify three profile options that are used to configure Self Service Procurement. (Choose three.)

  A. POR_DISPLAY_CATEGORY_ITEM_COUNT
  B. POR_SEARCH_RESUTLS_SKIN
  C. POR_DISPLAY_EMBEDDED_ANALYTICS
  D. PO_DOC_BUILDER_DEFAULT_DOC_TYPE
  E. PO_PRC_AGENT_CATEGORY_ASSIGNMENT
  C. POR_DISPLAY_EMBEDDED_ANALYTICS
  D. PO_DOC_BUILDER_DEFAULT_DOC_TYPE
  E. PO_PRC_AGENT_CATEGORY_ASSIGNMENT

• Question 27:

  Identify two tasks that can be performed in the Functional Setup Manager by a customer when configuring setup data. (Choose two.)

  A. setting up and maintaining data by means of the Manage Admin menu
  B. importing and exporting data between instances
  C. collecting data to populate the order orchestration and planning data repository
  D. configuring Oracle Cloud Applications to match business needs
  B. importing and exporting data between instances
  D. configuring Oracle Cloud Applications to match business needs

• Question 28:

  A buyer is creating a purchase requisition using `Catalog Superstore', and intends to compare items before adding them to the shopping list. Identify the maximum number of items that are allowed by the application for side-by-side item comparison.

  A. 4
  B. 8
  C. 5
  D. 6
  E. 7
  C. 5

• Question 29:

  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.)

  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
  C. Technical and Commercial Evaluation
  D. Two stage Evaluation
  F. Response Visibility is always Sealed

• Question 30:

  Identify the functionality of Self Service Procurement that allows a Requester a 360-degree view of any purchasing document, such as a Requisition or PO.

  A. View pdf
  B. View Full Details
  C. Manage Train Stops
  D. Manage Life Cycle
  E. Workflow administration
  D. Manage Life Cycle