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Oracle Fusion Cloud Procurement 2023 Implementation Professional - Delta Sample Questions (Q102-Q107):
NEW QUESTION # 102
Which of the following roles is responsible for creating procurement contracts in Oracle Fusion Cloud Procurement?
- A. Requisitioner
- B. Procurement Specialist
- C. Approver
- D. Supplier
Answer: B
Explanation:
The Procurement Specialist role is responsible for creating procurement contracts in Oracle Fusion Cloud Procurement. This role is typically assigned to individuals who have the necessary knowledge and expertise to negotiate and establish contract terms with suppliers.
NEW QUESTION # 103
Which of the following is a key benefit of using an RFQ in procurement?
- A. Enhancing collaboration and communication with suppliers.
- B. Streamlining the purchasing process by automating supplier selection.
- C. Reducing the risk of purchasing from unqualified or unreliable suppliers.
- D. Improving transparency and fairness in the procurement process.
Answer: C
Explanation:
One of the main benefits of using an RFQ is that it allows the buyer to gather information about potential suppliers' qualifications, capabilities, and reliability. By requesting quotes from multiple suppliers, the buyer can compare their responses and select a supplier that meets the desired criteria, reducing the risk of dealing with unqualified or unreliable vendors.
NEW QUESTION # 104
Which of the following features is specific to a Procurement Contract in Oracle Procurement Cloud?
- A. Ability to approve supplier invoices
- B. Ability to create requisitions
- C. Ability to manage billings
- D. Ability to manage document approval workflow
Answer: C
Explanation:
A Procurement Contract in Oracle Procurement Cloud has the specific feature of managing billings. It allows for the creation and management of billing schedules, ensuring accurate payment processing and tracking of financial obligations related to the contract.
NEW QUESTION # 105
Which feature in Oracle Fusion Cloud Procurement provides a structured arrangement of categories and subcategories for efficient catalog navigation?
- A. Public Shopping Lists
- B. Smart Forms
- C. Tem plates
- D. Catalog -Category Hierarchies
Answer: D
Explanation:
Catalog -Category Hierarchies in Oracle Fusion Cloud Procurement provide a structured arrangement of categories and subcategories within the catalog. This helps users navigate the catalog efficiently, find the desired items, and streamline the procurement process.
NEW QUESTION # 106
What is a carrier in the context of procurement?
- A. The supplier who provides transportation services for goods
- B. The person responsible for packaging goods for shipment
- C. The payment method used for procuring goods
- D. The person responsible for delivering goods to the buyer,s location
Answer: A
Explanation:
A carrier is a supplier or vendor who provides transportation services for the delivery of goods. They are responsible for shipping and delivering the procured goods from the supplier's location to the buyer's location. The carrier ensures that the goods are transported safely and on time.
NEW QUESTION # 107
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