1z0-1007.

41q

Number: 1z0-1007
Passing Score: 800
Time Limit: 120 min

1z0-1007

https://www.gratisexam.com/

Oracle Procurement Cloud 2018 Implementation Essentials

https://www.gratisexam.com/
Exam A

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?

A. Procurement – Purchasing Real Time

B. Procurement – Procure to Pay Real Time
C. Procurement – Spend
D. Procurement – Requisitions Real Time

Correct Answer: B
Section: (none)
Explanation

Explanation/Reference:

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.

https://www.gratisexam.com/

A. The line type LINE is not among the selected line types for the document style ‘Cloud Purchasing Style’.
B. The Goods check box is not checked for the Purchase Bases field of the Commodities option in the ‘Create Document Style’ task.
C. The status of the ‘Cloud Purchasing Style’ is not Active.
D. Display Name for the Purchase Order is not set in the ‘Create Document Style’ task.

Correct Answer: A
Section: (none)
Explanation

Explanation/Reference:

https://www.gratisexam.com/
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.

A. Navigate to the “Select Feature Choices” page of the Procurement Offering and unlock the feature.
B. Set the implementation status to “In Progress” of the Procurement Offering.
C. Change the Provisioned to “No” of the Procurement Offering.
D. Deselect the “Enable for Implementation” check box of the Procurement Offering.

Correct Answer: D
Section: (none)
Explanation

Explanation/Reference:

QUESTION 4
Which seeded role needs to be associated with the supplier user account so that a supplier can respond to the invited negotiations?

A. Supplier Bidder
B. Supplier Customer service representative
C. Supplier Contract Manager
D. Supplier Self Service Administrator
E. Supplier Sales Representative

Correct Answer: A
Section: (none)
Explanation

Explanation/Reference:

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.

https://www.gratisexam.com/
A. Update the attribute ‘notes to receiver’ in Configure Requisitioning Business Function’ for the requisitioning Business Unit.
B. Update the attribute ‘notes to receiver’ in Common Payables and Procurement Options’ for the procurement Business Unit.
C. Update the attribute ‘notes to receiver’ in the Change Order template for the Purchase Order.
D. Update the attribute ‘notes to receiver’ in supplier site assignment for the supplier site.

Correct Answer: C
Section: (none)
Explanation

Explanation/Reference:

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.

A. The qualification model is not yet approved.

B. The Qualification manager is not defined as procurement agent.
C. The Qualification manager does not have the “Manage Suppliers” action enabled in procurement agent definition.
D. The Qualification manager has not selected the correct procurement BU.

Correct Answer: B
Section: (none)
Explanation

Explanation/Reference:

QUESTION 7
Identify two correct statements about Local area and Contextual areas in the common UI Shell. (Choose two.)

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

https://www.gratisexam.com/
Correct Answer: AC
Section: (none)
Explanation

Explanation/Reference:

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.)

A. Set Net 15 for the supplier site.

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

Correct Answer: AB
Section: (none)
Explanation

Explanation/Reference:

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.

A. The ‘Requirements and Instructions’ checkbox is unchecked in the style.

B. The ‘Collaboration Team’ checkbox is unchecked in the style.
C. Cost factors are not set up for negotiations for participants, causing no collaboration to negotiate cost.
D. Online collaboration is visible only to the Requisition Preparer.

Correct Answer: D
Section: (none)
Explanation

Explanation/Reference:

https://www.gratisexam.com/
QUESTION 10
What is required to make data available in Oracle Procurement Cloud Transactional Business Intelligence graphs?

A. Configure the Extract Transform and Load tool and data will be populated in real time.
B. Schedule concurrent requests to run every hour.
C. No need to schedule anything; data will be populated in real time.
D. Schedule ESS jobs to run according to customer requirements.

Correct Answer: C
Section: (none)
Explanation

Explanation/Reference:

QUESTION 11
Identify three application standard lookups that are available in the Setup and Maintenance task list ‘Define Supplier Configuration’. (Choose three.)

A. Manage Freight Terms Lookup

B. Minority Group Lookup
C. Tax Organization Type Lookup
D. Manage FOB Lookup
E. Business Classification Lookup
F. Manage Requirements Section Lookup

Correct Answer: BCE

Section: (none)
Explanation

Explanation/Reference:

QUESTION 12
Your customer is implementing Cloud Procurement across two countries: A and B. They need intercompany transactions to be carried out between these two
entities.

Identify the setup to fulfill this requirement.

https://www.gratisexam.com/
A. Supply Chain financial Orchestration agreement between business units of countries A and B.
B. intercompany transaction between legal entities of countries A and B
C. Supply Chain financial Orchestration agreement between legal entities of countries A and B
D. intercompany transaction between business units of countries A and B

Correct Answer: D
Section: (none)
Explanation

Explanation/Reference:

QUESTION 13
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 in Process Count

B. Requisition Aging Count
C. Requisition Lines Volume Count
D. Requisition Lines Cycle Time
E. Requisition Aging Count

Correct Answer: A
Section: (none)
Explanation

Explanation/Reference:

QUESTION 14
During the User acceptance testing of your Cloud Procurement implementation, a user has created a purchase order and is trying to submit the purchase order for
approval. On clicking Submit, the user gets a “Funds check failed” error.

Identify the cause of this error.

A. Funds are insufficient and budget type is “Track”.

B. Funds are insufficient and budget type is “Advisory”.

https://www.gratisexam.com/
C. Funds are insufficient and budget type is “Absolute”.
D. Funds are available but the approver is not set up as “Budget Manager” for the selected budget for the business unit.

Correct Answer: C
Section: (none)
Explanation

Explanation/Reference:

QUESTION 15
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 tasks related to Supplier Model during Configure Offering

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

Correct Answer: B
Section: (none)
Explanation

Explanation/Reference:

QUESTION 16
Identify two fields whose tolerance levels are ignored when data is entered while creating receipts using Enforce Blind Receiving. (Choose two.)

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

Correct Answer: CE
Section: (none)
Explanation

https://www.gratisexam.com/
Explanation/Reference:

QUESTION 17
Your customer organization is headquartered in Toronto, and has three manufacturing facilities in Mexico, Taiwan and Austria. 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.

https://www.gratisexam.com/

A. Requisitioning BU: Toronto and Procurement BU: Mexico

B. Requisitioning BU: Toronto and Procurement BU: Toronto
C. Requisitioning BU: Mexico, Taiwan, Austria and Procurement BU: Mexico
D. Requisitioning BU: Toronto, Taiwan, Austria and Procurement BU: Mexico
E. Requisitioning BU: Mexico, Taiwan, Austria and Procurement BU: Toronto

Correct Answer: C
Section: (none)
Explanation

Explanation/Reference:

QUESTION 18
The Payables department has reported that a supplier is not appearing in the Submit Payment Process Request. The payment method selected from the payment
processing options at Submit Payment Process Request is Electronic.

Identify two reasons why the supplier is not appearing in the Submit Payment Process Request. (Choose two.)

A. The From Date field value for the payment method Electronic is a future date.
B. The supplier does not have an active Purchase Order.
C. The payment method Electronic is end-dated on the Payment Method tabbed page of the supplier profile for the supplier.
D. The supplier must have a Blanket Purchase Agreement in place.
E. The supplier has a default payment method of Check.

https://www.gratisexam.com/
Correct Answer: AD
Section: (none)
Explanation

Explanation/Reference:

QUESTION 19
You defined an Approved Supplier List (ASL) with a Blanket Purchase Agreement (BPA) for requisitions. After you submit a requisition with the BPA as a source
document, you found an approved requisition and automatically created PO (Purchase Order). However, the status of this PO was confirmed as “Incomplete”
instead of “Open” as expected.

Identify two causes for this behavior. (Choose two.)

A. The “Approval required for buyer modified lines” check box is deselected in the Configure Requisitioning Business Function.
B. The “Enable negotiation approval” check box is deselected in the Configure Procurement Business Function.
C. The “Automatically submit for approval” check box is deselected in the BPA that was referenced from the requisition.
D. The “Allow Purchase Order Approval” check box is deselected in the Manage Approved Supplier List Status, which assigned ASL’s status.

Correct Answer: AC
Section: (none)
Explanation

Explanation/Reference:

QUESTION 20
In negotiations you need to add a colleague to a scoring team, but they are not available.

Which two are valid issues that are causing this? (Choose two.)

A. The person has already been added to the collaboration team.

B. The person has not been added to the collaboration team.
C. The person has already been added to a scoring team.
D. The person has already been added to a requirement section in a scoring team.
E. The person has been added to have view access.

Correct Answer: BC

https://www.gratisexam.com/
Section: (none)
Explanation

Explanation/Reference:

QUESTION 21
A buyer often orders an item BA82829 by box but the same store manager stocks the item as individual units by using the ‘Each’ unit of measure. Item BA82829
can be ordered from three suppliers and the box sizes differ by supplier (12, 24 and 36). Identify the correct option to set up these units of measure in Product Hub
(PIM).

A. Create a Box UOM and an Each UOM and assign them to different UOM classes.
B. Create a Box UOM and an Each UOM and assign both to the same UOM classes.
C. Create multiple BoxY UOMs, where Y is the quantity per box, and an Each UOM, and assign them to the same UOM class.
D. Create multiple BoxY UOMs, where Y is the quantity per box, and an Each UOM, and assign them to different UOM classes.
E. Always use the Each UOM and do not create Purchase Orders for Box.

Correct Answer: C
Section: (none)
Explanation

Explanation/Reference:

QUESTION 22
Your customer tells you that when they cancel a Purchase Order, the requisition referring to that Purchase Order should also be automatically canceled. Identify the
setup that needs to be performed to fulfill this requirement.

A. In the “Configure Requisitioning Business Function” task, set the “Cancel Backing Requisitions” value to Always.
B. In the “Configure Requisitioning Business Function” task, set the “Cancel Backing Requisitions” value to Never.
C. In the “Configure Requisitioning Business Function” task, select the “Create orders immediately after requisitioning import” checkbox.
D. In the “Configure Procurement Business Function” task, select the “Allow Item Description Update” check box.
E. Automatic cancellation of requisition is not possible. Therefore, the customer must manually cancel the requisition after cancelling the Purchase Order.

Correct Answer: A
Section: (none)
Explanation

Explanation/Reference:

https://www.gratisexam.com/
QUESTION 23
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 first responder wins.
B. Set up one approval group and include the four department users with voting regime as consensus.
C. Set up employee supervisor hierarchy for all four department users and add them to an approval group.
D. Set up user group for the four departments and set up individual rules for the four department users.

Correct Answer: B
Section: (none)
Explanation

Explanation/Reference:

QUESTION 24
Your organization is implementing Supplier Qualification Management (SQM) and wants the supplier qualification process to be executed with segregation of duties
in the following manner:

For qualification manager (Vendor development team-VD)

Independent evaluation (Procurement Department-PD)
Involvement of internal subject matter experts (SME)

Identify the correct setup to meet this requirement.

A. initiatives created and owned by VD, internal response and evaluation by SME
B. initiatives created and owned by VD, internal response by SME, and evaluation by PD
C. initiatives created and owned by VD, internal response by PD, and evaluation by SME
D. initiatives created and owned by VD, internal response by VD, and evaluation by SME

Correct Answer: B
Section: (none)
Explanation

Explanation/Reference:

https://www.gratisexam.com/
QUESTION 25
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

Correct Answer: C
Section: (none)
Explanation

Explanation/Reference:

QUESTION 26
An organization wants to establish a supplier onboarding process with qualification and evaluation. Only qualified suppliers should be eligible to supply their goods
and service.
How do you model this requirement using external supplier registration and supplier qualification management?

A. External Supplier registration-Prospective > Initiative > Supplier Response > Qualification Evaluation > Promoted as spend authorized
B. External Supplier registration-Prospective > Supplier Response > Promoted as spend authorized > Qualification Evaluation
C. External Supplier registration-Spend Authorized > Initiative > Supplier Response > Qualification Evaluation > Promoted as spend authorized
D. External Supplier registration-Spend Authorized > Supplier Response > Qualification Evaluation > Initiative

Correct Answer: A
Section: (none)
Explanation

Explanation/Reference:

QUESTION 27
A buyer is creating a purchase requisition using ‘Catalog Superstore’, and intends to compare items before adding them to the shopping list. Identify the maximum
number of items that are allowed by the application for side-by-side item comparison.

https://www.gratisexam.com/
A. 4
B. 8
C. 5
D. 6
E. 7

Correct Answer: C
Section: (none)
Explanation

Explanation/Reference:

QUESTION 28
During Cloud procurement implementation, your customer has a requirement to ensure that all purchasing documents must go through budgetary control and the
purchasing transaction must be stopped from processing if the funds are unavailable.

Identify the configuration required to achieve this requirement.

A. Select the “enforce budget” check box under the Configure Procurement Business Function
B. The budget must be set up with control level as Advisory.
C. The budget must be set up with control level as Track.
D. The budget must be set up with control level as Absolute.

Correct Answer: D
Section: (none)
Explanation

Explanation/Reference:

QUESTION 29
Identify two tasks that can be performed in the Functional Setup Manager by a customer when configuring setup data. (Choose two.)

A. setting up and maintaining data by means of the Manage Admin menu

B. importing and exporting data between instances
C. collecting data to populate the order orchestration and planning data repository

https://www.gratisexam.com/
D. configuring Oracle Cloud Applications to match business needs

Correct Answer: BD
Section: (none)
Explanation

Explanation/Reference:

QUESTION 30
Identify two features of the price break functionality provided in Blanket Purchase Agreement (BPA) document types. (Choose two.)

A. payment method, which supports multiple-installment payment goods or services

B. condition-dependent reductions in price
C. change orders affecting pricing of specific lines
D. price increase request from a supplier through the supplier portal
E. means to provide price discounts

Correct Answer: BD
Section: (none)
Explanation

Explanation/Reference:

QUESTION 31
During implementation, the transformation maps that are associated with external-facing interfaces must be modified to map the _______.

A. fulfillment order line to the extensible flexfield attributes.

B. enterprise business object attributes to the fulfillment order line.
C. extensible flexfield attributes to the enterprise business object attributes.
D. extensible flexfield attributes to the fulfillment order line

Correct Answer: C
Section: (none)
Explanation

Explanation/Reference:

https://www.gratisexam.com/
QUESTION 32
Identify five business functions that must be configured in order to implement a complete Procure-to-Pay business process in Oracle Procurement Cloud. (Choose
five.)

A. Incentive Compensation
B. Purchasing
C. Requisitioning
D. Invoicing
E. Receiving
F. Inventory
G. Payments

Correct Answer: BCDEF

Section: (none)
Explanation

Explanation/Reference:

QUESTION 33
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?

A. Manage Seller Negotiations

B. Sourcing Programs
C. Consolidate Negotiation Lines on Purchase Order
D. Define Default Line Attributes in Negotiations
E. Capture Forward Auction Negotiations

Correct Answer: A
Section: (none)
Explanation

Explanation/Reference:

QUESTION 34

https://www.gratisexam.com/
What two setups are required to implement and enable abstracts with negotiations? (Choose two.)

A. Create the abstract controls for the negotiation.

B. Create a negotiation style that supports abstracts.
C. Enable the suppliers to view the Abstract Listing page.
D. Create the negotiation controls to support abstracts.
E. Create the configure negotiation Abstract Listing page.

Correct Answer: BE
Section: (none)
Explanation

Explanation/Reference:

QUESTION 35
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. The Procurement BU must be assigned with the Requisitioning business function in order for it to be a shared services center.
B. The Procurement BU needs to be configured as a service provider to the Requisitioning BUs.
C. The Payables business function must be assigned in addition to the Procurement business function.
D. Intercompany transactions need to be defined between the Requisitioning BUs and the Procurement BU.

Correct Answer: B
Section: (none)
Explanation

Explanation/Reference:

QUESTION 36
When creating a non catalog requisition, a requester checks the ‘New Supplier’ checkbox. By checking this checkbox, the user is ______.

A. triggering an automated process to intimate a new supplier to register with the user’s company
B. triggering an automated process to create a new supplier
C. required to execute an ESS (Enterprise Scheduler Service) job to initiate the supplier registration process

https://www.gratisexam.com/
D. suggesting a possible new supplier that requires further action by the Buyer and the Supplier Administrator

Correct Answer: C
Section: (none)
Explanation

Explanation/Reference:

QUESTION 37
Identify the setup that allows news and information of interest to be published to suppliers through the Oracle Supplier Portal Cloud.

A. setting up Specify Supplier News Content in the Functional Setup Manager

B. enabling RSS feed from a customers corporate web portal
C. configuring the “News Broadcast” field using the ‘Manage Supplier’ task
D. enabling feed from social media sites such as Facebook, Twitter, and so on using ‘Manage Common Options for Purchasing’

Correct Answer: B
Section: (none)
Explanation

Explanation/Reference:

QUESTION 38
You gave the Procurement Catalog Administrator role to a buyer of the business unit “BU1” but when the buyer is trying to define a catalog in “Select and define
catalog”, the buyer is unable to find “BU1” in the “Procurement BU” list of values.

Identify the reason for this.

A. The “Local Catalog administrator BU1” data role is not assigned to the buyer.
B. The “Catalog Management” business function is not enabled for BU1.
C. The “Procurement Catalog Administrator BU1” data role is not assigned to the buyer.
D. The “Manage Catalog content” action is not enabled for the buyer in the Procurement Agent page.

Correct Answer: D
Section: (none)
Explanation

https://www.gratisexam.com/
Explanation/Reference:

QUESTION 39
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 be available to process on to purchase order.

B. They will be put on hold until the requester resubmits the returned line with the correct quantity.
C. They will be in the “withdrawn” status.
D. They will get canceled.
E. They will also get returned to the requester.

Correct Answer: B
Section: (none)
Explanation

Explanation/Reference:

QUESTION 40
After gathering requirements from the business leads of customer organization, you have set up the Bill-to location at multiple places during Oracle Procurement
Cloud implementation. Identify the source from which the purchase order defaults the Bill-to location.

A. from the Business Unit setup

B. from the ‘Common Payables and Procurement options’ first and if it is ‘Null’ then from ‘Supplier site assignment’
C. from the ‘Configure Procurement business function’
D. from the ‘Configure Requisitioning business function’
E. from the ‘Supplier site assignment’ first and if it is ‘Null’ then from ‘Common Payables and Procurement options’

Correct Answer: C
Section: (none)
Explanation

Explanation/Reference:

https://www.gratisexam.com/
QUESTION 41
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.

A. The US East BU needs to be configured as a Payables Payment Service Provider.

B. The US Header BU needs to be configured as a Payables Payment Service Provider.
C. The US East BU and US West BU need to be configured as a Payables Payment Service Provider.
D. The US West BU needs to be configured as a Payables Payment Service Provider.

Correct Answer: A
Section: (none)
Explanation

Explanation/Reference:

https://www.gratisexam.com/

https://www.gratisexam.com/