Oracle 1Z0-1007 Online Practice Questions and Exam Preparation

Oracle 1Z0-1007 Online Questions & Answers

• Question 81:

  During Cloud procurement implementation, your customer has a requirement to ensure that all purchasing documents must go through budgetary control and the purchasing transaction must be stopped from processing if the funds are unavailable.

  Identify the configuration required to achieve this requirement.

  A. Select the "enforce budget" check box under the Configure Procurement Business Function
  B. The budget must be set up with control level as Advisory.
  C. The budget must be set up with control level as Track.
  D. The budget must be set up with control level as Absolute.
  D. The budget must be set up with control level as Absolute.

• Question 82:

  During a Procurement Contract implementation, a customer would like to set up their own line type for buying services. They intend to use this line type for negotiating terms for future purchase of services and do not have a defined scope of work.

  Identify the source that the customer needs to select while creating the line type to meet this requirement.

  A. Free form, buy
  B. Item, buy
  C. Free form, buy agreement
  D. Item, buy agreement
  B. Item, buy

• Question 83:

  Identify the Duty role that you need to associate with the Job role to enable the "new supplier request" functionality.

  A. Supplier bidder duty
  B. Supplier Self Service administrator duty
  C. Supplier sales representative duty
  D. Supplier Self Service clerk duty
  E. Submit supplier registration duty
  E. Submit supplier registration duty

• Question 84:

  You are creating a Purchase Order based on the style `Cloud Purchasing Style'. While entering a Purchase Order line, you find that the line type named GOODS is available but the line type named LINE does not appear. Identify a reason for this behavior.

  A. The line type LINE is not among the selected line types for the document style `Cloud Purchasing Style'.
  B. The Goods check box is not checked for the Purchase Bases field of the Commodities option in the `Create Document Style' task.
  C. The status of the `Cloud Purchasing Style' is not Active.
  D. Display Name for the Purchase Order is not set in the `Create Document Style' task.
  A. The line type LINE is not among the selected line types for the document style `Cloud Purchasing Style'.

• Question 85:

  Your customer wants to change the Need-by-Date of an open Purchase Order. To make this change, a Change Order is initiated by the customer and the request is now being reviewed by the supplier. What will be the status of the Purchase Order and the Change Order in the system?

  A. Purchase Order: Pending Supplier Acknowledgement; Change Order: Pending Supplier Acknowledgement
  B. Purchase Order: Open; Change Order: Pending Supplier Acknowledgement
  C. Purchase Order: Pending Supplier Acknowledgement; Change Order: Open
  D. Purchase Order: Open; Change Order: Open
  E. Purchase Order: Open; Change Order: New
  B. Purchase Order: Open; Change Order: Pending Supplier Acknowledgement

• Question 86:

  Your customer is implementing the full suite of Cloud procurement. They would like to know how best they can utilize the Contract Terms library.

  Identify three applications from where users can access the Contract Terms library for setting up "contract terms" for different documents. (Choose three.)

  A. Self Service Procurement
  B. Sourcing
  C. Supplier Model
  D. Purchasing
  E. Procurement Contracts
  B. Sourcing
  D. Purchasing
  E. Procurement Contracts

• Question 87:

  Which three business users can submit a new supplier request? (Choose three.)

  A. Self-Service Procurement user
  B. Supplier Administrator
  C. Warehouse Manager
  D. Catalog Administrator
  E. Category Manager
  B. Supplier Administrator
  C. Warehouse Manager
  D. Catalog Administrator

• Question 88:

  You have defined an attribute named `Years of Experience' in your negotiation. You have set up scores for acceptable value ranges, and would like to rate responses based on this score. On getting the responses from the participating suppliers, you observe that for a few suppliers, the score was not calculated.

  Identify the reason for this issue.

  A. The attribute `Years of Experience' was not marked as Required, so the supplier did not provide any value.
  B. You already have a few suppliers defined in the system; therefore, the scoring did not take place.
  C. The Negotiation type is RFI (Request for Information); therefore, scoring is optional.
  D. Sourcing does not support attribute definition.
  A. The attribute `Years of Experience' was not marked as Required, so the supplier did not provide any value.

• Question 89:

  You are setting up Oracle Cloud Sourcing. You would like participants to provide Insurance and Freight cost for the quotation/RFQ (Request For Quotation) lines. Identify the configuration that will fulfill this requirement.

  A. Add Cost Factors for Freight and Insurance
  B. Personalize the negotiation UI (User Interface) to add the Freight and Insurance attributes.
  C. Add negotiation lines separately to capture Freight and Insurance.
  D. Define a negotiation style and enable DFF (Descriptive FlexField) for Freight and Insurance
  A. Add Cost Factors for Freight and Insurance

• Question 90:

  You created a sourcing two-stage sealed RFQ and invited five suppliers to participate. The Technical stage is completed and the Commercial stage is unlocked. At this time in the award negotiation section, in the Award Line you are able to see only three supplier's responses as active responses. You are not able to see the other two suppliers' data in the active responses.

  Which two reasons are causing this? (Choose two.)

  A. Supplier responses are closed.
  B. Suppliers have entered the responses. Because the RQF is sealed, you are not able to view these two supplier's data.
  C. Suppliers were already awarded.
  D. Suppliers were not shortlisted in the Technical stage.
  E. You have entered these two suppliers' responses as surrogate responses by a buyer. In the Commercial stage, the buyer has not yet entered surrogate responses.
  D. Suppliers were not shortlisted in the Technical stage.
  E. You have entered these two suppliers' responses as surrogate responses by a buyer. In the Commercial stage, the buyer has not yet entered surrogate responses.