Online Access Free 1Z0-1007 Exam Questions

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 applicable setups in Oracle Procurement Cloud to fulfill these requirements.

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

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 supplier has a default payment method of Check.
• D.The payment method Electronic is end-dated on the Payment Method tabbed page of the supplier profile for the supplier.
• E.The supplier must have a Blanket Purchase Agreement in place.

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

An organization has initiated a campaign for energy conservation and wants all its suppliers to declare their carbon emissions. The Qualification manager is asked to create an initiative to collect the information and the certificates from suppliers.
Identify the method to create a qualification area without any defined outcome for this requirement.

• A.Create questions. Create and add the questions to a qualification area and select the "Information only" check box.
• B.Create questions, but do not select the "Response required" and "Critical question". Create and add question to a qualification area.
• C.Create questions, but do not select "Response required". Create and add questions to a qualification area, but do not select the "Information only" check box.
• D.Create questions. Create and add the questions to a qualification area, but do not select the "Information only" check box.

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