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Oracle Fusion Cloud Procurement 2023 Implementation Professional - Delta Sample Questions (Q129-Q134):

NEW QUESTION # 129
Which of the following statements best describes the purpose of Assessments in Oracle Fusion Cloud Procurement?

A. Assessments are used to evaluate the compliance of procurement processes.
B. Assessments are used to review and rate the qualifications of potential suppliers.
C. Assessments are used to track the performance of suppliers.
D. Assessments are used to assess the quality of procured goods and services.

Answer: A

Explanation:
Assessments in Oracle Fusion Cloud Procurement are used to evaluate the compliance of procurement processes. They help in identifying areas that need improvement and ensure that the procurement processes are aligned with industry standards, regulations, and best practices.

NEW QUESTION # 130
Which of the following procurement components is responsible for evaluating suppliers and selecting the best one to fulfill a requisition?

A. Purchasing
B. Supplier Qualification Management
C. Sourcing
D. Receiving

Answer: C

Explanation:
The sourcing component in procurement is responsible for identifying and evaluating potential suppliers, conducting negotiations, and selecting the most suitable one based on various criteria such as price, quality, delivery time, and supplier capabilities.

NEW QUESTION # 131
What is the purpose of defining Supplier Business Classification in Oracle Fusion Cloud Procurement?

A. To categorize suppliers based on their geographic location.
B. To rate suppliers based on their performance metrics.
C. To classify suppliers based on their business type or industry.
D. To assign suppliers to specific procurement categories.

Answer: C

Explanation:
Defining Supplier Business Classification in Oracle Fusion Cloud Procurement helps categorize suppliers based on their business type or industry. This classification enables better supplier management and allows for more targeted sourcing strategies tailored to specific supplier categories.

NEW QUESTION # 132
Which of the following is a required setup to configure a Procurement Business Unit in Oracle Fusion Cloud Procurement?

A. Define procurement business unit parameters.
B. Define approval rules for purchase orders.
C. Configure inventory organization structures.
D. Configure payment terms and methods.

Answer: A

Explanation:
To configure a Procurement Business Unit, it is necessary to define procurement business unit parameters. These parameters define various settings and options for the business unit, such as default inventory validation organization, default accounting period, and procurement financials options.

NEW QUESTION # 133
What is the purpose of catalog categories in Oracle Fusion Cloud Procurement?

A. To define shipping details for catalog items
B. To assign suppliers to catalog items
C. To manage user access to catalog items
D. To organize and group catalog contents

Answer: D

Explanation:
Catalog categories in Oracle Fusion Cloud Procurement are used to organize and group catalog contents. By categorizing items, users can easily navigate through catalogs and find the items they need more efficiently. -

NEW QUESTION # 134
......

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How Can You Avoid Wasting Your Money by Purchasing the Oracle 1D0-1065-23-D Exam Questions?

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Oracle Fusion Cloud Procurement 2023 Implementation Professional - Delta Sample Questions (Q129-Q134):

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