Oracle 1Z0-1007 Online Practice Questions and Exam Preparation

Oracle 1Z0-1007 Online Questions & Answers

• Question 61:

  A supplier sales representative wants to track and manage their agreements and have the ability to add and edit catalog content for agreements online.

  Identify two duty roles that accomplish this requirement. (Choose two.)

  A. Purchase Document Analysis as Supplier Duty
  B. Purchase Agreement Changes as Supplier Duty
  C. Contract Terms Deliverables Management Duty
  D. Purchase Agreement Viewing as Supplier Duty
  E. Purchase Order Changes as Supplier Duty
  C. Contract Terms Deliverables Management Duty
  E. Purchase Order Changes as Supplier Duty

• Question 62:

  During an Oracle Procurement Cloud implementation, you have been asked to provide View access to all purchasing documents to all buyers in Procurement Business Unit A. What will you do to configure this change?

  A. Define all buyers as employees in procurement Business Unit A.
  B. Configure a new document style and assign it to each buyer in "Manage Procurement Agent."
  C. Modify "Configure Procurement Business Function" for procurement Business Unit A and provide access to all buyers.
  D. Update each buyer's access using "Manage Procurement Agent" for procurement Business Unit A.
  C. Modify "Configure Procurement Business Function" for procurement Business Unit A and provide access to all buyers.

• Question 63:

  An organization has initiated a campaign for energy conservation and wants all its suppliers to declare their carbon emissions. The Qualification manager is asked to create an initiative to collect the information and the certificates from suppliers.

  Identify the method to create a qualification area without any defined outcome for this requirement.

  A. Create questions. Create and add the questions to a qualification area, but do not select the "Information only" check box.
  B. Create questions. Create and add the questions to a qualification area and select the "Information only" check box.
  C. Create questions, but do not select "Response required". Create and add questions to a qualification area, but do not select the "Information only" check box.
  D. Create questions, but do not select the "Response required" and "Critical question". Create and add question to a qualification area.
  B. Create questions. Create and add the questions to a qualification area and select the "Information only" check box.

• Question 64:

  What is the difference between Prospective and Spend authorized suppliers?

  A. Prospective suppliers are limited to purchase orders, whereas both purchase order and agreement can be created for Spend authorized suppliers.
  B. Prospective suppliers are suggested by internal users, whereas Spend authorized suppliers are registered externally.
  C. Prospective suppliers are limited to sourcing and qualification activities, whereas Spend authorized suppliers are limited to purchase orders and agreements.
  D. 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 sourcing and qualification activities, whereas Spend authorized suppliers are limited to purchase orders and agreements.

• Question 65:

  An organization has been receiving incomplete Supplier Profile Data during the supplier onboarding and qualification process. Identify the way to ensure that the required Supplier Profile data is entered by a supplier during the qualification process.

  A. Create an initiative with questions classified by Standards Organization.
  B. Create an initiative with questions mapped to supplier attributes.
  C. Create an initiative with questions Responder Type is internal.
  D. Create an initiative with questions classified by Subject.
  B. Create an initiative with questions mapped to supplier attributes.

• Question 66:

  During the implementation, your customer has a requirement for a given business unit to enable "funds check" on purchase orders. This requires that budgetary control be enabled. What configuration must you complete to enable budgetary control in that business unit?

  A. Enable budgetary control by selecting the business unit in scope using the task Configure Procurement and Payables Options.
  B. Enable budgetary control by selecting the business unit in scope using the task Configure Procurement Business Function.
  C. Enable budgetary control by selecting the ledger and business unit by using the task Manage Budgetary Control.
  D. Enable budgetary control in both the Configure Requisition Business Function and Configure Procurement Business Function by selecting the business unit in scope.
  A. Enable budgetary control by selecting the business unit in scope using the task Configure Procurement and Payables Options.

• Question 67:

  A Procurement Contracts user wants to create a deliverable with output document as Purchase Order in Oracle Purchasing Cloud. The user would like to know the status of the PO creation and also details of the PO. Identify the location where the user can view this information.

  A. The user cannot view the PO information in Procurement contract. They must navigate to Purchasing.
  B. The user can view the purchase order in the Deliverable tab of that contract in Procurement Contracts.
  C. The user can view the purchase order in the "Purchasing Activity" tab under the Fulfillment tab of that contract in Procurement Contracts.
  D. The user can view the PO information under the Purchasing tab in contract line of that contract in Procurement Contracts.
  C. The user can view the purchase order in the "Purchasing Activity" tab under the Fulfillment tab of that contract in Procurement Contracts.

• Question 68:

  On completion of a Negotiation Award using a negotiation template, you are trying to create a purchasing document and system provides you the option to create a Blanket Purchase Agreement (BPA) only, whereas you expected to get an option to create a Contract Purchase Agreement (CPA).

  Identify the reason for this.

  A. The negotiation outcome is defined as `Contract Purchase Agreement' in the negotiation template.
  B. The negotiation outcome is defined as `Blanket Purchase Agreement' in the negotiation template.
  C. The Business Function for the associated Business Unit is `Requisition Only' and did not allow Purchase Agreement Generation.
  D. The Profile Option PO_PRC_AGENT_CATEGORY_ASSIGNMENT is set to the current user.
  B. The negotiation outcome is defined as `Blanket Purchase Agreement' in the negotiation template.

• Question 69:

  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. Incentive Compensation
  B. Purchasing
  C. Requisitioning
  D. Invoicing
  E. Receiving
  F. Inventory
  G. Payments
  B. Purchasing
  C. Requisitioning
  D. Invoicing
  E. Receiving
  F. Inventory

• Question 70:

  Your customer has requested you to set up a Procurement Business Unit to server the procurement needs of various Requisitioning Business Units. How would you set up the Shared Procurement model in Oracle Procurement Cloud?

  A. by setting up a Service Provider relationship in the Business Unit setup
  B. by setting up the Default Procurement BU in the Requisitioning Business Function
  C. by setting up a Procurement Business Unit and a Requisitioning Business Unit in the Functional Setup Manager
  D. by providing a default Business Unit in the Procurement Agent setup
  A. by setting up a Service Provider relationship in the Business Unit setup