Oracle Procurement Cloud 2018 Implementation Essentials - 1Z1-1007 Exam Practice Test

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
Your customer frequently orders a specific item from a selected list of suppliers. Some of the suppliers provide the item at a negotiated price, whereas other suppliers change the price throughout the year.
How should you set up this item in Oracle Procurement Cloud to address both requirements?

Correct Answer: A Vote an answer
Purchasing document descriptive flexfields and value sets provide a way of capturing additional information for display and reporting.
What three purchasing documents can make use of descriptive flexfields?

Correct Answer: C,E Vote an answer
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.

Correct Answer: A 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 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.

Correct Answer: C Vote an answer
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.

Correct Answer: D Vote an answer
Which two profile options are required to configure Punchout Catalogs in Self Service Procurement?

Correct Answer: A,D Vote an answer
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 consolidates and procured from Mexico through the Mexico procurement division. Identify an appropriate way to model this scenario in Oracle Procurement Cloud.

Correct Answer: E Vote an answer
You want Supplier Accounts to be created by external supplier users in Supplier Portal. Which Supplier Registration option would allow this?

Correct Answer: C Vote an answer

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