Oracle 1Z0-1007 Online Practice Questions and Exam Preparation

Oracle 1Z0-1007 Online Questions & Answers

• Question 71:

  Your customer tells you that in their industry, the response document for an auction is called a `Proposal' instead of the default Oracle term `Bid', and that they would like to have all their negotiation documents reflect this terminology.

  What would you do to meet this requirement?

  A. Create a Negotiation Style
  B. Create a Negotiation Type.
  C. Customize the Descriptive Flexfield.
  D. Create a Purchasing Document Style.
  E. Create a Negotiation Template.
  B. Create a Negotiation Type.
  E. Create a Negotiation Template.

• Question 72:

  Your customer is using Cloud Supplier Qualification Management and Procurement Sourcing.

  What three actions can the category manager take within a negotiation to solicit additional information from suppliers or internal users? (Choose three.)

  A. Solicit information in your negotiation that in in addition to negotiation lines.
  B. Copy Supplier Qualification Questions in the negotiation as a requirement.
  C. Copy the Supplier Qualification Area and use it as a requirement section.
  D. Create reusable Supplier Qualification questions directly in the negotiation.
  B. Copy Supplier Qualification Questions in the negotiation as a requirement.
  C. Copy the Supplier Qualification Area and use it as a requirement section.
  D. Create reusable Supplier Qualification questions directly in the negotiation.

• Question 73:

  Your customer wants to configure three business units (BUs) as follows: US East BU and US West BU that perform requisitioning-related business processes and tasks. The US East BU provides payment services for its own invoices and for the US West BU's invoices. One BU, US Header BU, that is configured as a shared Procurement BU with only the Procurement function enabled

  Identify the correct configuration.

  A. The US East BU needs to be configured as a Payables Payment Service Provider.
  B. The US Header BU needs to be configured as a Payables Payment Service Provider.
  C. The US East BU and US West BU need to be configured as a Payables Payment Service Provider.
  D. The US West BU needs to be configured as a Payables Payment Service Provider.
  A. The US East BU needs to be configured as a Payables Payment Service Provider.

• Question 74:

  You have defined your negotiation style and named it `ABC negotiation style'. Subsequently, you try to add collaboration team members on a negotiation that is based on the `ABC negotiation style' and find that the `Collaboration Team' field is disabled.

  Identify the cause.

  A. The `Requirements and Instructions' checkbox is unchecked in the style.
  B. The `Collaboration Team' checkbox is unchecked in the style.
  C. Cost factors are not set up for negotiations for participants, causing no collaboration to negotiate cost.
  D. Online collaboration is visible only to the Requisition Preparer.
  D. Online collaboration is visible only to the Requisition Preparer.

• Question 75:

  In the Enterprise Structures setup, which functional area includes tasks to implement Business Units and Inventory Organizations?

  A. Legal Structures
  B. Enterprise Profile
  C. Organization Structures
  D. Procurement Foundation
  A. Legal Structures

• Question 76:

  What are the three different types of category hierarchies available within Oracle Procurement Cloud?

  A. Catalog Category Hierarchy
  B. Supplier Products and Services Hierarchy
  C. Purchasing Catalog Hierarchy
  D. Procurement Category Hierarchy
  E. Item Category Hierarchy
  A. Catalog Category Hierarchy
  B. Supplier Products and Services Hierarchy
  D. Procurement Category Hierarchy

• Question 77:

  In the Oracle Procurement Cloud Setup Flow, which three components are within the Common Procurement Configuration set of tasks?

  A. Supplier Configuration
  B. Supplier Portal
  C. Payables and Procurement
  D. Buyer Assignments
  E. Procurement Agents
  A. Supplier Configuration
  B. Supplier Portal
  C. Payables and Procurement

• Question 78:

  You gave the Procurement Catalog Administrator role to a buyer of the business unit "BU1" but when the buyer is trying to define a catalog in "Select and define catalog", the buyer is unable to find "BU1" in the "Procurement BU" list of values. Identify the reason for this.

  A. The "Local Catalog administrator BU1" data role is not assigned to the buyer.
  B. The "Catalog Management" business function is not enabled for BU1.
  C. The "Procurement Catalog Administrator BU1" data role is not assigned to the buyer.
  D. The "Manage Catalog content" action is not enabled for the buyer in the Procurement Agent page.
  D. The "Manage Catalog content" action is not enabled for the buyer in the Procurement Agent page.

• Question 79:

  Identify two correct statements about Local area and Contextual areas in the common UI Shell. (Choose two.)

  A. Local area includes components that directly affect the Contextual area.
  B. Local area can drive the contents of the regional area and the contextual area.
  C. Local area is the main work area and typically contains the transaction form.
  D. Contextual area provides quick access to tools that support business process.
  E. Contextual area can drive the contents of the local area.
  A. Local area includes components that directly affect the Contextual area.
  C. Local area is the main work area and typically contains the transaction form.

• Question 80:

  Your customer wants to configure four business units (BUs) as follows:

  Korea, China BUs that perform only requisitioning-related business processes and tasks.

  A US BU that is configured as a shared Procurement BU with only the Procurement function enabled.

  A Singapore BU that provides only payment services for both Korea and China BUs.

  Identify an applicable setup to represent how the business unit is used.

  A. The Singapore BU must be assigned the Payables Payment business functions.
  B. The Korea BU must be assigned the Receiving, Payables Invoicing, and Payables Payment business functions.
  C. The China BU must be assigned the Billing and Revenue and Requisitioning business functions.
  D. The Singapore BU must be assigned with the Billing and Revenue and Payables Invoicing business functions.
  E. The US BU must be assigned the Requisitioning and Procurement business functions.
  A. The Singapore BU must be assigned the Payables Payment business functions.