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Oracle Fusion Cloud Procurement 2023 Implementation Professional - Delta Sample Questions (Q141-Q146):
NEW QUESTION # 141
What is UOM (Unit of Measure) in procurement?
- A. The unit used to measure the quantity of goods
- B. The unit used to measure the volume of goods
- C. The unit used to measure the quality of goods
- D. The unit used to measure the weight of goods
Answer: A
Explanation:
In procurement, Unit of Measure (UOM) refers to the standard unit used to measure the quantity of goods being procured. It could be units such as boxes, pieces, liters, pounds, etc. UOM helps in defining the quantity of goods required, pricing, and inventory management.
NEW QUESTION # 142
What is the purpose of a contract template in Oracle Procurement Cloud?
- A. To set up payment terms for supplier invoices
- B. To define the structure and content of a contract document
- C. To create standard pricing agreements with suppliers
- D. To automatically generate purchase orders
Answer: B
Explanation:
The purpose of a contract template in Oracle Procurement Cloud is to define the structure and content of a contract document. It enables users to create consistent and standardized contract documents by predefining sections, clauses, and other required elements.
NEW QUESTION # 143
Which of the following activities are part of portal setup and maintenance in Oracle Fusion Cloud Procurement?
- A. Configuring the supplier registration process
- B. Defining approval rules for purchase requisitions
- C. All of the above
- D. Managing supplier contracts and agreements
Answer: C
Explanation:
Portal setup and maintenance in Oracle Fusion Cloud Procurement involves various activities. Configuring the supplier registration process helps streamline the onboarding of new suppliers. Defining approval rules for purchase requisitions ensures that the appropriate approvals are obtained before moving forward with purchasing activities. Managing supplier contracts and agreements allows organizations to maintain accurate records and monitor contractual obligations. All of these activities contribute to efficient procurement operations and supplier management.
NEW QUESTION # 144
In the Oracle Procurement Cloud Setup Flow, which three components are within the Common Procurement Configuration set of tasks?
- A. Buyer Assignments
- B. Payables and Procurement
- C. Procurement Agents
- D. Supplier Configuration
- E. Supplier Portal
Answer: B,D
NEW QUESTION # 145
What is the purpose of Self Service Procurement in Oracle Fusion Cloud?
- A. Allow suppliers to search and bid on procurement opportunities.
- B. Allow inventory management of goods and materials.
- C. Allow employees to create and submit purchase requisitions for goods and services.
- D. Allow managers to approve purchase orders for requested items.
Answer: C
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 # 146
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