Online Access Free 1Z0-1007 Practice Test

During the implementation, your customer wants to understand the key features of the two-stage Request For Quotation (RFQ) available in Oracle Sourcing Cloud.
Identify three features of the two-stage RFQ. (Choose three.)

• A.Response Visibility Open
• B.Response Visibility is always Sealed
• C.Response Visibility Blind
• D.Open Auctions
• E.Two stage Evaluation
• F.Technical and Commercial Evaluation

Purchasing document descriptive flexfields and value sets provide a way of capturing additional information for display and reporting.
What three purchasing documents can make use of descriptive flexfields?

• A.Document Types
• B.Requisitions
• C.Supplier Qualifications
• D.Approved Supplier List Entries
• E.Blanket Purchase Agreements

Which three common procurement business objects can be managed on an ongoing basis while the application is in use?

• A.Payment Terms
• B.Hazard Classes
• C.Units of Measure
• D.Item Types
• E.Corporate Cards

Your customer is implementing the full suite of Cloud procurement. They would like to know how best they can utilize the Contract Terms library.
Identify three applications from where users can access the Contract Terms library for setting up "contract terms" for different documents. (Choose three.)

• A.Purchasing
• B.Procurement Contracts
• C.Sourcing
• D.Self Service Procurement
• E.Supplier Model

In Self Service Procurement, a user is not able to search for one of the inventory items. Identify three configuration issues that could be causing this problem.

• A.The particular item does not belong to any Purchasing Category.
• B.The particular item is defined as 'BOM Enabled' in PIM.
• C.The particular item is not part of any Procurement catalog.
• D.The particular item has not been marked as a 'Purchased' item within the Purchasing operational attribute group.
• E.The particular item is not defined as a 'Transactable' item in PIM.