Online Access Free 1Z0-1007 Exam Questions

Your customer has requested you to set up a Procurement Business Unit to server 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 Procurement Business Unit and a Requisitioning Business Unit in the Functional Setup Manager
• B.by providing a default Business Unit in the Procurement Agent setup
• C.by setting up the Default Procurement BU in the Requisitioning Business Function
• D.by setting up a Service Provider relationship in the Business Unit setup

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

When configuring the procurement business function document types, which two purchasing documents require change order templates to be set?

• A.Requests for Quotation
• B.Purchase Orders
• C.Auctions
• D.Agreements
• E.Requests for Information

Identify two activities that a Buying Organization will be able to perform after it provides the Supplier Portal access to Suppliers. (Choose two.)

• A.Import supplier data and related entities.
• B.Collect information about prospective suppliers through a self-guided registration flow.
• C.Consolidate suppliers and supplier sites to clean up duplicate suppliers or support supplier acquisitions.
• D.Create Negotiation flow internally on behalf of prospective suppliers.
• E.Evaluate prospective suppliers by routing their registrations through a collaborative review process by using a flexible rules engine.

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?

• A.Create a Blanket Purchase Agreement for the negotiated price supplier and a Contract Purchase Agreement for the varied price supplier.
• B.Create a Contract Purchase Agreement for the varied price supplier and do not create any kind of agreement for the fixed price supplier.
• C.Create a Contract Purchase Agreement for the fixed price supplier and a Blanket Purchase Agreement for the varied price supplier.
• D.Create a Planned Purchase Order for the fixed price supplier and do not create any kind of agreement for the varied price supplier.