Oracle Procurement Cloud 2018 Implementation Essentials

QUESTION NO: 1
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? (Choose two.)

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

Correct Answer: A,B

QUESTION NO: 2
Which statement is true regarding terms and conditions?

A. Terms and conditions are not seeded with Oracle Purchasing Cloud and are only seeded with Oracle Sourcing Cloud B. Terms and conditions are seeded with both Oracle Sourcing Cloud and Oracle Purchasing Cloud. C. Terms and conditions are not seeded with Oracle Sourcing Cloud and are only seeded with Oracle Purchasing Cloud. D. Terms and conditions are not seeded with either Oracle Sourcing Cloud or Oracle Purchasing Cloud.

Correct Answer: B

QUESTION NO: 3
You are implementing Cloud Procurement contracts and during user acceptance testing, the user would like to create clauses in the Cloud applications similar to what were available in their legacy Contract application.
Identify two ways to create clauses as per their requirement. (Choose two.)

A. Import Clauses from the Contracts workarea page. B. Create Clauses from the Contracts workarea page. C. Manage Contract Standard Clauses from Functional Setup Manager. D. Manage Contract Standard Clauses, Templates, and Profiles from Functional Setup Manager.

Correct Answer: A,C

QUESTION NO: 4
You have the following business requirements while configuring applications with related roles:
When creating an implementation project, you want to see the list of Offerings and Functional Areas that are configured for the project.
You want to identify which stage are all Offerings and Functional Areas in.
Identify two setups that fulfill these requirements. (Choose two.)

A. You should have an IT Security role in order to fulfill these requirements. B. Although the Offering configuration can be changed any time, the changes will influence any of the existing implementation task lists. C. After implementation tasks, you should set the status to "In Progress" or "Implemented". D. You should change the Provisioned to "No" to specify the Offering that you want to choose while create an implementation project. E. You should select the "Enable for Implementation" check box to specify the Options.

Correct Answer: C,E

QUESTION NO: 5
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 has not been marked as a 'Purchased' item within the Purchasing operational attribute group. B. The particular item is not defined as a 'Transactable' item in PIM. C. The particular item is defined as 'BOM Enabled' in PIM. D. The particular item is not part of any Procurement catalog. E. The particular item does not belong to any Purchasing Category.

Correct Answer: C,D,E

QUESTION NO: 6
What are the three different types of category hierarchies available within Oracle Procurement Cloud?

A. Catalog Category Hierarchy B. Procurement Category Hierarchy C. Purchasing Catalog Hierarchy D. Supplier Products and Services Hierarchy E. Item Category Hierarchy

Correct Answer: A,B,D

Oracle Procurement Cloud 2018 Implementation Essentials - 1Z1-1007 Exam Questions