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Oracle Fusion Cloud Procurement 2023 Implementation Professional - Delta Sample Questions (Q20-Q25):

NEW QUESTION # 20
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 does not have the ,,Manage Suppliers,, action enabled in
B. The Qualification manager is not defined as procurement agent.
C. The Qualification manager has not selected the correct procurementBU.https://docs.oracle.com/en/cloud/saas/procurement/20a/oaprc/managesupplier-information.html#OAPRC1224043Default Assessment Owner: Select a user to set as the defaultassessment owner for all the accessing procurement BUs when this qualification model is included in anassessment. When a default assessment owner is assigned, then all the procurement BUs that haveaccess to this model will have this user as the default assessment owner unless specified otherwise in the Business Unit Access or Business Unit Defaults table. Business Unit Access: You can assign a defaultassessment owner for various business units. When the area isn,t global BU access, you can also add theprocurement business units which can use this qualification model.
D. procurement agent definition.
E. The qualification model is not yet approved.

Answer: D

NEW QUESTION # 21
What is the purpose of the Contract Terms Library in Oracle Fusion Cloud Procurement?

A. It allows users to create and store standard terms and conditions for contracts.
B. It provides a centralized repository for managing supplier contracts.
C. It facilitates the automation of contract creation and approval processes.
D. It enables users to track and manage contract milestones and obligations.

Answer: A

Explanation:
The Contract Terms Library in Oracle Fusion Cloud Procurement is designed to provide a central location for creating, storing, and managing standard terms and conditions that can be used across multiple contracts. This feature allows users to define and maintain standard contract clauses, which can be easily accessed and added to new contracts as needed.

NEW QUESTION # 22
Which of the following functionalities is not included in the Procurement application of Oracle Fusion Cloud?

A. Sourcing
B. Inventory Management
C. Supplier Management
D. Requisitioning

Answer: B

Explanation:
The Inventory Management functionality is not included in the Procurement application of Oracle Fusion Cloud. Inventory management is typically part of the Supply Chain Management application suite. While the Procurement application has features related to purchasing and supplier management, it does not handle inventory management activities such as inventory tracking, stock management, or warehouse operations.

NEW QUESTION # 23
Which of the following tasks can be performed using Fusion Functional Set Up Manager?

A. Creating and managing purchase orders
B. Defining and maintaining approval rules
C. Importing and exporting data using spreadsheets
D. Managing user roles and security profiles

Answer: B

Explanation:
Fusion Functional Set Up Manager allows users to define and maintain approval rules for various business processes within Oracle Fusion Cloud. These rules determine the routing and approval hierarchy for transactions such as purchase orders, requisitions, and expense reports.

NEW QUESTION # 24
What is the purpose of Self Service Procurement in Oracle Fusion Cloud?

A. Allow employees to create and submit purchase requisitions for goods and services.
B. Allow suppliers to search and bid on procurement opportunities.
C. Allow inventory management of goods and materials.
D. Allow managers to approve purchase orders for requested items.

Answer: A

Explanation:
Self Service Procurement in Oracle Fusion Cloud enables employees to independently create and submit purchase requisitions for goods and services they require. It empowers employees to initiate procurement processes and ensures a streamlined and efficient procurement workflow.

NEW QUESTION # 25
......

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