Abreast Of The Times 1z0-1007 Free Demo 2021

NEW QUESTION 1
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 Volume Count
• B. Requisition Lines in Process Count
• C. Requisition Line Aging Count
• D. Requisition Aging Count
• E. Requisition Lines Cycle Time

Answer: B

NEW QUESTION 2
During an 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 consultants 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 Offerin

Answer: A

NEW QUESTION 3
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 application setups in Oracle Procurement Cloud to fulfill these requirements.

• A. Set up the default procurement business unit for Default Legal Entity in Manage Purchasing Profile Options.
• B. Set up the “Multiple Legal Entities on Order” value to “Allow” on the Configure Requisitioning Business Process page.
• C. Set up the Default Legal Entity on the Configure Requisitioning Business Process page.
• D. Define a primary route on financial orchestration flow to enforce the sold-to-legal entity on a PO.
• E. Create Profit Center BU to Party Relationship

Answer: ADE

NEW QUESTION 4
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.

• A. After requisition modification, a buyer needs to reassign the requisition line to the requisition authority for approval.
• B. Configure “requisition approval rule” to include the “Approval required for buyer modified lines” condition.
• C. In the “Configure requisitioning” business function, select “Approval required for buyer modified lines.”
• D. Configure the PO Approval rule in such a way that buyer-modified requisition lines will go for approval again.

Answer: C

NEW QUESTION 5
Identify five business functions that must be configured in order to implement a complete Procureto- Pay business process in Oracle Procurement Cloud.

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

Answer: ABCDF

NEW QUESTION 6
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.

• A. 8
• B. 6
• C. 4
• D. 5
• E. 7

Answer: D

NEW QUESTION 7
You created a sourcing two-stage sealed RFQ and invited five suppliers to participate. The Technical stage is completed and the Commercial stage is unlocked.
At this time in the award negotiation section, in the Award Line you are able to see only three supplier’s responses as active responses. You are not able to see the other two suppliers’ data in the active responses.
Which two reasons are causing this?

• A. Suppliers were already awarded.
• B. Suppliers have entered the response
• C. Because the RFQ is sealed, you are not able to view these two suppliers’ data.
• D. Suppliers were not shortlisted in the Technical stage.
• E. Supplier responses are closed.
• F. You have entered these two suppliers’ responses as surrogate responses by a buye
• G. In the Commercial stage, the buyer has not yet entered surrogate responses.

Answer: CE

NEW QUESTION 8
Identify two features of the price break functionality provided in Blanket Purchase Agreement (BPA) document types.

• A. means to provide price discounts
• B. condition-dependent reductions in price
• C. payment method, which supports multiple-installment payment goods or services
• D. change orders affecting pricing of specific lines
• E. price increase request from a supplier through the supplier portal

Answer: BE

NEW QUESTION 9
Your customer has the following approval hierarchy:
- Role: Employee; Document: Purchase Requisition; Approval Limit:$3500
- Role: Manager; Document: Purchase Requisition; Approval Limit:$6700
- Role: Senior Manager; Document: Purchase Requisition; Approval Limit:$12000
Purchase Order requisitions are set up with an approval method of Employee-Supervisor hierarchy and a Forward method of Direct. “Can Change Forward-To” is set to No. An employee has created a purchase requisition with a total amount of $8200, and wants the manager to review the requisition electronically before it is approved. How can this requirement be fulfilled?

• A. Advise the employee to have the manager review the requisition via the requisition summary form before submitting the requisition for approval.
• B. Advise the manager to have the senior manager forward the requisition back to the employee before approving.
• C. Advise the employee to print the requisition, scan it into an email, and then email it to the manager.
• D. Advise the employee to change the Forward-To on the requisition to the manage

Answer: A

NEW QUESTION 10
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 consolidated and procured from Mexico through the Mexico procurement divisio
• B. Identify an appropriate way to model thisscenario in Oracle Procurement Cloud.
• C. Requisitioning BU: Mexico, Taiwan, Austria and Procurement BU: Toronto
• D. Requisitioning BU: Toronto, Taiwan, Austria and Procurement BU: Mexico
• E. Requisitioning BU: Toronto and Procurement BU: Mexico
• F. Requisitioning BU: Toronto and Procurement BU: Toronto
• G. Requisitioning BU: Mexico, Taiwan, Austria and Procurement BU: Mexico

Answer: E

NEW QUESTION 11
What two setups are required to implement and enable abstracts with negotiations? (Choose two.)

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

Answer: AB

NEW QUESTION 12
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 Payables business function must be assigned in addition to the Procurement business function.
• C. The Procurement BU needs to be configured as a service provider to the Requisitioning BUs.
• D. Intercompany transactions need to be defined between the Requisitioning BUs and the Procurement BU.

Answer: C

NEW QUESTION 13
Identify the functionality of Self Service Procurement that allows a Requester a 360-degree view of any purchasing document, such as a Requisition or PO.

• A. View pdf
• B. View Full Details
• C. Workflow administration
• D. Manage Train Stops
• E. Manage Life Cycle

Answer: E

NEW QUESTION 14
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.

• A. The “Enable negotiation approval” check box is deselected in the Configure Procurement Business Function.
• B. The “Approval required for buyer modified lines” check box is deselected in the Configure Requisitioning 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.

Answer: BC

NEW QUESTION 15
A replenishment requisition is created with the following details and imported through an open interface in Oracle Procurement Cloud:
- Requisition date – 10/10/2012 (DD/MM/YYYY)
- Requisition Business Unit (BU) – BU1
- Item – AS16168
Identify the Blanket Purchase Agreement that the application would select to automatically create a Purchase Order.

• A. BPA: 7998Type: Local BPAEffective Dates: 01/01/2012-30/09/2012Item: AS16168BU: BU1Automatically generate orders flag: Yes
• B. BPA: 9986Type: Local BPAEffective Dates: 01/08/2012-31/10/2013Item: AS16168BU: BU1Automatically generate orders flag: Yes
• C. BPA: 8837Type: Global BPAEffective Dates: 01/06/2012-31/07/2013Item: AS16167BU: BU1Automatically generate orders flag: Yes
• D. BPA: 8787Type: Local BPAEffective Dates: 01/03/2012-31/12/2013Item: AS16168BU: BU2Automatically generate orders flag: No

Answer: C

NEW QUESTION 16
Identify two control options that are enabled when a buyer selects the ‘Group requisition lines’ field while creating a Blanket Purchase Agreement.

• A. Group requisitions
• B. Apply price updates to existing orders
• C. Use need-by date
• D. Automatically submit for approval
• E. Use ship-to organization and location

Answer: CE

NEW QUESTION 17
In negotiations you need to add a colleague to a scoring team, but they are not available. Which two are valid issue that are causing this? (Choose two.)

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

Answer: BE

NEW QUESTION 18
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 “Absolute”.
• B. Funds are insufficient and budget type is “Track”.
• C. Funds are insufficient and budget type is “Advisory”.
• D. Funds are available but the approver is not set up as “Budget Manager” for the selected budget for the business unit.

Answer: A

NEW QUESTION 19
Identify two fields whose tolerance levels are ignored when data is entered while creating receipts using Enforce Blind Receiving.

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

Answer: AD

NEW QUESTION 20
Your customer has requested you to set up a Procurement Business Unit to serve the procurement needs of various Requisitioning Business Units. How would you set up the Shared Procurement model in Oracle Procurement Cloud?

• A. by setting up a Service Provider relationship in the Business Unit setup
• B. by settings up the Default Procurement BU in the Requisitioning Business Function
• C. by setting up a Procurement Business Unit and a Requisitioning Business Unit in the Functional Setup Manager
• D. by providing a default Business Unit in the Procurement Agent setup

Answer: A

NEW QUESTION 21
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