File Info
| Exam | Oracle Procurement Cloud 2018 Implementation Essentials |
| Number | 1z0-1007 |
| File Name | Oracle.1z0-1007.TestKing.2019-05-03.41q.vcex |
| Size | 29 KB |
| Posted | May 03, 2019 |
| Download | Oracle.1z0-1007.TestKing.2019-05-03.41q.vcex |
How to open VCEX & EXAM Files?
Files with VCEX & EXAM extensions can be opened by ProfExam Simulator.
Coupon: MASTEREXAM
With discount: 20%
Demo Questions
Question 1
In Oracle Transactional Business Intelligence (OTBI), which subject area should you use to report on spend for purchase orders and their associated requisitions?
- Procurement – Purchasing Real Time
- Procurement – Procure to Pay Real Time
- Procurement – Spend
- Procurement – Requisitions Real Time
Correct answer: B
Question 2
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.
- The line type LINE is not among the selected line types for the document style ‘Cloud Purchasing Style’.
- The Goods check box is not checked for the Purchase Bases field of the Commodities option in the ‘Create Document Style’ task.
- The status of the ‘Cloud Purchasing Style’ is not Active.
- Display Name for the Purchase Order is not set in the ‘Create Document Style’ task.
Correct answer: A
Explanation:
Question 3
While configuring offerings, you had deselected the “Supply Chain Financial Orchestration of Procurement Flows” check box and had locked the feature. However, because of changes in the business requirements, you are required to enable the feature.
Identify the prerequisite step to perform this change.
- Navigate to the “Select Feature Choices” page of the Procurement Offering and unlock the feature.
- Set the implementation status to “In Progress” of the Procurement Offering.
- Change the Provisioned to “No” of the Procurement Offering.
- Deselect the “Enable for Implementation” check box of the Procurement Offering.
Correct answer: D
Question 4
Which seeded role needs to be associated with the supplier user account so that a supplier can respond to the invited negotiations?
- Supplier Bidder
- Supplier Customer service representative
- Supplier Contract Manager
- Supplier Self Service Administrator
- Supplier Sales Representative
Correct answer: A
Question 5
During Oracle Procurement Cloud implementation, one of the requirements of the customer is to capture the revision history of Purchase Orders when ‘notes to receiver’ is entered or updated as part of a Change Order. Identify the setup that needs to be performed in order to capture change history when a user updates ‘notes to receiver’ as part of the Change Order.
- Update the attribute ‘notes to receiver’ in Configure Requisitioning Business Function’ for the requisitioning Business Unit.
- Update the attribute ‘notes to receiver’ in Common Payables and Procurement Options’ for the procurement Business Unit.
- Update the attribute ‘notes to receiver’ in the Change Order template for the Purchase Order.
- Update the attribute ‘notes to receiver’ in supplier site assignment for the supplier site.
Correct answer: C
Question 6
Your organization has multiple procurement business units. A Qualification manager wants to launch an initiative for assessment of suppliers. However, the manager is unable to select the qualification model that he or she defined earlier.
Identify the cause for this behavior.
- The qualification model is not yet approved.
- The Qualification manager is not defined as procurement agent.
- The Qualification manager does not have the “Manage Suppliers” action enabled in procurement agent definition.
- The Qualification manager has not selected the correct procurement BU.
Correct answer: B
Question 7
Identify two correct statements about Local area and Contextual areas in the common UI Shell. (Choose two.)
- Local area includes components that directly affect the Contextual area.
- Local area can drive the contents of the regional area and the contextual area.
- Local area is the main work area and typically contains the transaction form.
- Contextual area provides quick access to tools that support business process.
- Contextual area can drive the contents of the local area.
Correct answer: AC
Question 8
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. (Choose two.)
- Set Net 15 for the supplier site.
- Set Net 30 for the supplier site and leave the payment term blank in procurement options.
- Update Net 15 in procurement options and leave the payment term blank for this supplier at all levels.
- Update Net 15 in procurement options and Net 30 for the supplier site.
Correct answer: AB
Question 9
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.
- The ‘Requirements and Instructions’ checkbox is unchecked in the style.
- The ‘Collaboration Team’ checkbox is unchecked in the style.
- Cost factors are not set up for negotiations for participants, causing no collaboration to negotiate cost.
- Online collaboration is visible only to the Requisition Preparer.
Correct answer: D
Explanation:
Question 10
What is required to make data available in Oracle Procurement Cloud Transactional Business Intelligence graphs?
- Configure the Extract Transform and Load tool and data will be populated in real time.
- Schedule concurrent requests to run every hour.
- No need to schedule anything; data will be populated in real time.
- Schedule ESS jobs to run according to customer requirements.
Correct answer: C
