Oracle Procurement Cloud 2018 Implementation Essentials - 1Z0-1007 Exam Practice Test

In order to define a shipping method, what three options need to be set?

Correct Answer: A,C,E Vote an answer
In the Enterprise Structures setup, which functional area includes tasks to implement Business Units and Inventory Organizations?

Correct Answer: C Vote an answer
An organization implementing Supplier Qualification Management has multiple procurement business units: PR BU1, PR BU2, and PR BU3. The Corporate head office (CORP BU) is also defined as one of the procurement business units.
The organization wants to maintain and manage the Qualification area-A for use by all the procurement business units, but wants the Qualification area-B to be used only by CORP BU and PR BU1.
Identify two setups to fulfill this requirement. (Choose two.)

Correct Answer: A,E Vote an answer
Your customer is a global company and has multiple legal entities across countries:
Vision China (Legal Entity) 1) has a China Distribution Business Unit (BU).
Vision US (Legal Entity) 2) has a US Distribution BU.
They have the following requirements:
1. To make purchases from or sell to the other legal entities using intercompany transaction
2. To automatically determine the sold-to legal entity on a Purchase Order (PO) by using Supply Chain Financial Orchestration (SFO) Identify three applicable setups in Oracle Procurement Cloud to fulfill these requirements.

Correct Answer: A,B,C Vote an answer
For Payables and Procurement, what three common controls and default values need to be set for each business unit?

Correct Answer: A,B,E Vote an answer
Your category manager wants to have the ability to conduct forward auctions in the Sourcing Cloud to liquidate excess inventory.
What feature should be enabled to allow this?

Correct Answer: A Vote an answer
Identify two features of the price break functionality provided in Blanket Purchase Agreement (BPA) document types. (Choose two.)

Correct Answer: A,B Vote an answer
In Oracle Transactional Business Intelligence (OTBI), which subject area should you use to report on spend for purchase orders and their associated requisitions?

Correct Answer: C Vote an answer
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.

Correct Answer: A Vote an answer
Which option would the application first look at to default the Location field in the Purchase Order Line?

Correct Answer: C Vote an answer

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