Oracle 1Z0-1007 Online Practice Questions and Exam Preparation

Oracle 1Z0-1007 Online Questions & Answers

• Question 31:

  Your category manager wants to have the ability to conduct forward auctions in the Sourcing Cloud to liquidate excess inventory. What feature should be enabled to allow this?

  A. Manage Seller Negotiations
  B. Sourcing Programs
  C. Consolidate Negotiation Lines on Purchase Order
  D. Define Default Line Attributes in Negotiations
  E. Capture Forward Auction Negotiations
  A. Manage Seller Negotiations

• Question 32:

  Your customer is implementing Oracle Procurement Cloud applications with multiple Requisition Business Units. Each Business Unit has employees who need the ability to create requisitions. The customer does not want all employees in the organization to be able to create requisitions using the self-service application; however, they should be able to search for information (for example, contact details) relating to other employees.

  To restrict certain employees from being able to create requisitions, identify the inherited role that must be removed from the seeded Employee role.

  A. Procurement Requester
  B. Contingent Worker
  C. Procurement Administrator
  D. Employee
  E. Procurement Preparer
  A. Procurement Requester

• Question 33:

  Your customer wants to configure six BUs: five Requisitioning Bus and one BU configured as a shared Procurement BU with only the Procurement function enabled. How will you define the relationship between the Requisitioning BUs and the Procurement BU?

  A. The Procurement BU must be assigned with the Requisitioning business function in order for it to be a shared services center.
  B. The Procurement BU needs to be configured as a service provider to the Requisitioning BUs.
  C. The Payables business function must be assigned in addition to the Procurement business function.
  D. Intercompany transactions need to be defined between the Requisitioning BUs and the Procurement BU.
  B. The Procurement BU needs to be configured as a service provider to the Requisitioning BUs.

• Question 34:

  Identify three application standard lookups that are available in the Setup and Maintenance task list `Define Supplier Configuration'. (Choose three.)

  A. Manage Freight Terms Lookup
  B. Minority Group Lookup
  C. Tax Organization Type Lookup
  D. Manage FOB Lookup
  E. Business Classification Lookup
  F. Manage Requirements Section Lookup
  B. Minority Group Lookup
  C. Tax Organization Type Lookup
  E. Business Classification Lookup

• Question 35:

  You want Supplier Accounts to be created by external supplier users in Supplier Portal. Which Supplier Registration option would allow this?

  A. Global Supplier Registration
  B. Discrete Supplier Registration
  C. Internal Supplier Registration
  D. External Supplier Registration
  D. External Supplier Registration

• Question 36:

  Which areas are part of the streamlined procure-to-pay process in Oracle Procurement Cloud?

  A. Pay, Supplier, Requisition
  B. Pay, Catalog, Purchase
  C. Pay, Supplier, Purchase
  D. Pay, Requisition, Purchase
  E. Pay, Catalog, Requisition
  C. Pay, Supplier, Purchase

• Question 37:

  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 applicable setups in Oracle Procurement Cloud to fulfill these requirements.

  A. Set up the "Multiple Legal Entities on Order" value to "Allow" on the Configure Requisitioning Business Process page.
  B. Create Profit Center BU to Party Relationships.
  C. Define a primary route on financial orchestration flow to enforce the sold-to legal entity on a PO.
  D. Set up the default procurement business unit for Default Legal Entity in Manage Purchasing Profile Options.
  E. Set up the Default Legal Entity on the Configure Requisitioning Business Process page.
  B. Create Profit Center BU to Party Relationships.
  C. Define a primary route on financial orchestration flow to enforce the sold-to legal entity on a PO.
  D. Set up the default procurement business unit for Default Legal Entity in Manage Purchasing Profile Options.

• Question 38:

  Identify two fields whose tolerance levels are ignored when data is entered while creating receipts using Enforce Blind Receiving. (Choose two.)

  A. Waybill
  B. Packing Slip
  C. Receiving Quantity
  D. UOM
  E. Receiving Date
  C. Receiving Quantity
  E. Receiving Date

• Question 39:

  Which option would the application first look at to default the Location field in the Purchase Order Line?

  A. "Requisitioning Business Function Configuration" task of the Requisitioning BU
  B. Purchase Order Header
  C. BU assignment record of the source agreement that corresponds to the Requisitioning BU
  D. supplier site assignment record of the supplier site in the Requisitioning BU
  A. "Requisitioning Business Function Configuration" task of the Requisitioning BU

• Question 40:

  Identify two profile options that are required to configure Punchout Catalogs in Self Service Procurement. (Choose two.)

  A. POR_PROXY_SERVER_NAME
  B. PO_DEFAULT_PRC_BU
  C. POR_DISPLAY_EMBEDDED_ANALYTICS
  D. PO_DOC_BUILDER_DEFAULT_DOC_TYPE
  E. POR_PROXY_SERVER_PORT
  A. POR_PROXY_SERVER_NAME
  E. POR_PROXY_SERVER_PORT