Oracle 1z0-1007 Free Practice Questions

NEW QUESTION 1
During the implementation, your customer has a requirement for a given business until 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 ledger and business unit by using the task Manage Budgetary Control.
• B. Enable budgetary control in both the Configure Requisition Business Function and Configure Procurement Business Function by selecting the business unit in scope.
• C. Enable budgetary control by selecting the business unit in scope using the task Configure Procurement Business Function.
• D. Enable budgetary control by selecting the business unit in scope using the task Configure Procurement and Payables Options.

Answer: D

NEW QUESTION 2
Which option would the application first look at to default the Location field in the Purchase Order Line?

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

Answer: D

NEW QUESTION 3
Name the Oracle Transactional Business Intelligence (OTBI) KPI that indicates the count of approved requisitions where at least one of the requisition lines is assigned to the buyer who has logged in and that requisition line is not implemented into an order, bucketed by the number of days elapsed since the requisition was approved.

• A. Requisition Lines Volume Count
• B. Requisition Lines in Process Count
• C. Requisition Line Aging Count
• D. Requisition Aging Count
• E. Requisition Lines Cycle Time

Answer: B

NEW QUESTION 4
Five requisition lines of a single requisition document are available to process on to purchase order. But the buyer returned one requisition line to the requester for quantity modification.
What will be the effect of this action on the remaining four requisition lines?

• A. They will get canceled.
• B. They will be available to process on to purchase order.
• C. They will be put on hold until the requester resubmits the returned line with the correct quantity.
• D. They will also get returned to the requester.
• E. They will be in the “withdrawn” statu

Answer: C

NEW QUESTION 5
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 Contact Purchase Agreement (CPA). Identify the reason for this.

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

Answer: C

NEW QUESTION 6
During an implementation where Procurement Contract and Supplier Portal are being implemented, the Procurement Contract user (buyer) has created deliverables on a supplier, which also has an identified Supplier Portal user. The supplier has requested the buyer to email details of the deliverable.
Advise the buyer on how he or she can communicate the deliverable details to the supplier through the application.

• A. The supplier can view the deliverable from the Supplier Portal by clicking the Manage Deliverables link.
• B. The supplier can view the deliverable from the Supplier Portal under the Deliverables tab.
• C. The supplier can view the deliverable by opening the contract in the Contracts tab in the Supplier Portal.
• D. The supplier can view the deliverable by navigating to the Agreements tab from the Supplier Portal.

Answer: B

NEW QUESTION 7
Identify the setup that allows news and information of interest to be published to suppliers through the Oracle Supplier Portal Cloud.

• A. configuring the “News Broadcast” field using the ‘Manage Supplier’ task
• B. enabling feed from social media sites such as Facebook, Twitter, and so on using ‘ManageCommon Options for Purchasing’
• C. setting up Specify Supplier News Content in the Functional Setup Manager.
• D. enabling RSS feed from a customers’ corporate web portal

Answer: D

NEW QUESTION 8
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. Sourcing does not support attribute definition.
• B. The attribute ‘Year of Experience’ was not marked as Required, so the supplier did not provide any value.
• C. The Negotiation type is RFI (Request for Information); therefore, scoring is optional.
• D. You already have a few suppliers defined in the system; therefore, the scoring did not take place

Answer: B

NEW QUESTION 9
Your customer wants to use Negotiations Online message functionality to interact with suppliers participating in a negotiation.
Identify three features of the Negotiation Online message functionality.

• A. You can do online chatting.
• B. The online messages will be retained for future reference and audit trail.
• C. You can send SMS to suppliers.
• D. You can add attachments in the message.
• E. Suppliers can raise clarifications for an auction online and you can respond with answers onlin

Answer: BDE

NEW QUESTION 10
Identify two correct statements about Local area and Contextual areas in the common UI Shell.

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

Answer: DE

NEW QUESTION 11
While creating a Purchase Order, you observe that the system is defaulting Net 30 as the payment term instead of the intended payment term Net 15.
Identify two ways to achieve the desired defaulting.

• A. Update Net 15 in procurement options and leave the payment term blank for this supplier at all levels.
• B. Update Net 15 in procurement options and Net 30 for the supplier site.
• C. Set Net 30 for the supplier site and leave the payment term blank in procurement options.
• D. Set Net 15 for the supplier sit

Answer: CD

NEW QUESTION 12
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: Open; Change Order: Open
• B. Purchase Order: Open; Change Order: Pending Supplier Acknowledgement
• C. Purchase Order: Pending Supplier Acknowledgement; Change Order: Pending Supplier Acknowledgement
• D. Purchase Order: Pending Supplier Acknowledgement; Change Order: Open
• E. Purchase Order: Open; Change Order: New

Answer: B

NEW QUESTION 13
Your customer organization is headquartered in Toronto, and has three manufacturing facilities in Mexico, Taiwan and Austri

• A. The raw material requirements for these three manufacturing units are consolidated and procured from Mexico through the Mexico procurement divisio
• B. Identify an appropriate way to model thisscenario in Oracle Procurement Cloud.
• C. Requisitioning BU: Mexico, Taiwan, Austria and Procurement BU: Toronto
• D. Requisitioning BU: Toronto, Taiwan, Austria and Procurement BU: Mexico
• E. Requisitioning BU: Toronto and Procurement BU: Mexico
• F. Requisitioning BU: Toronto and Procurement BU: Toronto
• G. Requisitioning BU: Mexico, Taiwan, Austria and Procurement BU: Mexico

Answer: E

NEW QUESTION 14
Your customer has three Business Units, of which two are requisitioning Business Units and one is a Procurement Business Unit. They want to define each document number based on document type and business unit combination in Oracle Procurement Cloud.
Which Functional Setup Manager task can be used to accomplish these requirements?

• A. Manage Common Options for Payables and Procurement
• B. Manage Procurement Document Numbering
• C. Configure Procurement Business Function
• D. Configure Requisitioning Business Function

Answer: B

NEW QUESTION 15
Identify two fields whose tolerance levels are ignored when data is entered while creating receipts using Enforce Blind Receiving.

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

Answer: AD

NEW QUESTION 16
Your customer has requested you to set up a Procurement Business Unit to serve 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 settings 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

Answer: A

NEW QUESTION 17
In Self Service Procurement, a user is not able to search for one of the inventory items. Identify three configuration issues that could be causing this problem.

• A. The particular item is not defined as a ‘Transactable’ item in PIM.
• B. The particular item is defined as “BOM Enabled’ in PIM.
• C. The particular item is not part of any Procurement catalog.
• D. The particular item has not been marked as a ‘Purchased’ item within the Purchasing operational attribute group.
• E. The particular item does not belong to any Purchasing Categor

Answer: ACE

NEW QUESTION 18
Your customer requires that any approved requisition needs to be reapproved whenever a buyer updates a catalog requisition line during requisition processing.
Identify the correct setup to fulfill this requirement.

• A. After requisition modification, a buyer needs to reassign the requisition line to the requisition authority for approval.
• B. Configure “requisition approval rule” to include the “Approval required for buyer modified lines” condition.
• C. In the “Configure requisitioning” business function, select “Approval required for buyer modified lines.”
• D. Configure the PO Approval rule in such a way that buyer-modified requisition lines will go for approval again.

Answer: C

NEW QUESTION 19
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 can view the purchase order in the Deliverable tab of that contract in Procurement Contracts.
• B. The user cannot view the PO information in Procurement contrac
• C. They must navigate to Purchasing.
• D. The user can view the purchase order in the “Purchasing Activity” tab under the Fulfillment tab of that contract in Procurement Contracts.
• E. The User can view the PO information under the Purchasing tab in contract line of that contract in Procurement Contracts.

Answer: C

NEW QUESTION 20
You have the following business requirements while configuring applications with related roles:
- When creating an implementation project, you want to see the list of Offering and Functional Areas that are configured for the project.
- You want to identify which stage are all Offerings and Functional Areas in. Identify two setups that fulfill these requirements.

• A. You should have an IT Security role in order to fulfill these requirements.
• B. You should select the “Enable for Implementation” check box to specify the Options.
• C. Although the Offering configuration can be changed any time, the changes will influence any of the existing implementation task lists.
• D. You should change the Provisioned to “No” to specify the Offering that you want to choose while create an implementation project.
• E. After implementation tasks, you should set the status to “In Progress” or “Implemented”.

Answer: BE

NEW QUESTION 21
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