Oracle Procurement Cloud 2018 Implementation Essentials - 1Z1-1007 FREE EXAM DUMPS QUESTIONS & ANSWERS]

Question 1

You are implementing Cloud Procurement contracts and during user acceptance testing, the user would like to create clauses in the Cloud applications similar to what were available in their legacy Contract application.
Identify two ways to create clauses as per their requirement. (Choose two.)

A. Manage Contract Standard Clauses from Functional Setup Manager. B. Manage Contract Standard Clauses, Templates, and Profiles from Functional Setup Manager. C. Create Clauses from the Contracts workarea page. D. Import Clauses from the Contracts workarea page.

Discussion 0

Correct Answer: A,D Vote an answer

Question 2

Your customer wants to configure six BUs: five Requisitioning Bus and one BU configured as a shared Procurement BU with only the Procurement function enabled.
How will you define the relationship between the Requisitioning BUs and the Procurement BU?

A. Intercompany transactions need to be defined between the Requisitioning BUs and the Procurement BU. B. The Procurement BU must be assigned with the Requisitioning business function in order for it to be a shared services center. C. The Payables business function must be assigned in addition to the Procurement business function. D. The Procurement BU needs to be configured as a service provider to the Requisitioning BUs.

Discussion 0

Correct Answer: D Vote an answer

Question 3

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

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

Discussion 0

Correct Answer: A,B,E Vote an answer

Question 4

During a Procurement Contract implementation, a customer would like to set up approvals for procurement contract documents. The customer has four departments and any contract needs to be approved by all the four department users.
Identify the configuration to fulfill this requirement.

A. Set up one approval group and include the four department users with voting regime as consensus. B. Set up user group for the four departments and set up individual rules for the four department users. C. Set up one approval group and include the four department users with voting regime as first responder wins. D. Set up employee supervisor hierarchy for all four department users and add them to an approval group.

Discussion 0

Correct Answer: A Vote an answer

Question 5

During a Oracle Procurement Cloud implementation, you are going to implement Purchasing and Self Services Procurement. Identify the configuration step that will ensure that the tasks related to the other Procurement Cloud products like Supplier Portal Cloud are not available in Functional Setup Manager (FSM) during configuration.

A. Enable only 'Purchasing' and 'Self Service Procurement' during Configure Offering. B. Enable 'Procurement' pillar and do not assign the tasks to the implementation consultant in FSM. C. Enable all modules during Configure Offerings and disable the tasks related to unrelated modules in FSM. D. Enable tasks related to Supplier Model during Configure Offering

Discussion 0

Correct Answer: A Vote an answer

Question 6

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

Discussion 0

Correct Answer: C Vote an answer

Question 7

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

Discussion 0

Correct Answer: B Vote an answer

Question 8

When creating a non catalog requisition, a requester checks the 'New Supplier' checkbox. By checking this checkbox, the user is ______.

A. required to execute an ESS (Enterprise Scheduler Service) job to initiate the supplier registration process B. triggering an automated process to create a new supplier C. suggesting a possible new supplier that requires further action by the Buyer and the Supplier Administrator D. triggering an automated process to intimate a new supplier to register with the user's company

Discussion 0

Correct Answer: A Vote an answer

Question 9

What are the three different types of category hierarchies available within Oracle Procurement Cloud?

A. Supplier Products and Services Hierarchy B. Catalog Category Hierarchy C. Purchasing Catalog Hierarchy D. Item Category Hierarchy E. Procurement Category Hierarchy

Discussion 0

Correct Answer: A,B,E Vote an answer