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Share some Procurement Cloud 1Z0-1007 exam questions and answers below.

During a Procurement Contract implementation, a customer would like to set up their own line type for buying services. They intend to use this line for negotiating terms for future purchase of service and do not have a defined scope of work.

Identify the source that the customer needs to select while creating the line type to meet this requirement.

A. Item, buy

B. Item, buy agreement

C. Free form, buy agreement

D. Free form, buy

Answer: A

Your customer is implementing Cloud Procurement across two countries: A and B. They need intercompany transactions to be carried out between these two entities.

Identify the setup to fulfill this requirement.

A. intercompany transaction between business units of countries A and B

B. Supply Chain financial Orchestration agreement between legal entities of countries A and B

C. Supply Chain financial Orchestration agreement between business units of countries A and B

D. intercompany transaction between legal entities of countries A and B

Answer: B

Your organization has multiple procurement business units. A Qualification manager wants to launch an initiative for assessment of suppliers. However, the manager is unable to select the qualification model that he or she defined earlier.

Identify the cause for this behavior.

A. The Qualification manager is not defined as procurement agent.

B. The Qualification model is not yet approved.

C. The Qualification manager has not selected the correct procurement BU.

D. The Qualification manager does not have the “Manage Suppliers” action enabled in procurement agent definition.

Answer: D

You have defined your negotiation style and named it ‘ABC negotiation style’. Subsequently, you try to add collaboration team members on a negotiation that is based on the ‘ABC negotiation style’ and find that the ‘Collaboration Team’ field is disabled. Identify the cause.

A. Cost factors are not set up for negotiations for participants, causing no collaboration to negotiate cost.

B. The ‘Collaboration Team’ checkbox is unchecked in the style.

C. The ‘Requirements and Instructions’ checkbox is unchecked in the style.

D. Online collaboration is visible only to the Requisition Preparer.

Answer: B

Identify the Duty role that you need to associate with the Job role to enable the “new supplier request” functionality.

A. Supplier Self Service clerk duty

B. Supplier Self Service administrator duty

C. Submit supplier registration duty

D. Supplier bidder duty

E. Supplier sales representative duty

Answer: C

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