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Oracle Fusion Cloud Procurement 2023 Implementation Professional - Delta Sample Questions (Q133-Q138):

NEW QUESTION # 133
What is Self Service Procurement in Oracle Fusion Cloud Procurement?

A. A feature only available to procurement administrators to manage purchase requests.
B. A feature that automates the procurement process.
C. A feature that allows users to request goods and services for themselves or on behalf of others.
D. A feature that enables users to create purchase orders directly from suppliers, catalogs.

Answer: C

Explanation:
Self Service Procurement in Oracle Fusion Cloud Procurement is a feature that empowers end users to request goods and services for themselves or on behalf of others. It enables users to create requisitions or purchase requests directly in the system, eliminating the need for manual processes or paper-based requests. This feature streamlines the procurement process, increases user autonomy, and reduces procurement lead time.

NEW QUESTION # 134
Which step is involved in the Self Service Procurement lifecycle for managing purchase requisitions?

A. Creating purchase agreements.
B. Creating and submitting purchase requisitions.
C. Defining supplier registration rules.
D. Processing invoices and payments.

Answer: B

Explanation:
In the Self Service Procurement lifecycle, employees are responsible for creating and submitting purchase requisitions. This step allows them to request the required goods or services and initiate the procurement process.

NEW QUESTION # 135
Which of the following is an objective of Portal Setup and Maintenance in Oracle Fusion Cloud Procurement implementation?

A. Defining user roles and permissions for accessing procurement related information
B. All of the above
C. Configuring the supplier portal to enable supplier self-service and collaboration
D. Setting up approval workflows for purchase requisitions and purchase orders

Answer: B

Explanation:
Portal setup and maintenance in Oracle Fusion Cloud Procurement encompasses various objectives. Defining user roles and permissions ensures that users have the appropriate access to procurement-related information based on their roles. Configuring the supplier portal allows suppliers to access self-service functionalities and collaborate with the organization. Setting up approval workflows ensures that purchase requisitions and purchase orders follow the desired approval process. All of these objectives contribute to effective procurement management.

NEW QUESTION # 136
Which of the following documents can be generated using the "Manage Document Sequences" feature in Oracle Fusion Cloud Procurement?

A. Supplier registration forms
B. Expense reports
C. Purchase orders
D. Requisition documents

Answer: C

Explanation:
The "Manage Document Sequences" feature in Oracle Fusion Cloud Procurement allows for the generation of unique number sequencing for various documents. This includes generating document sequences for purchase orders, which helps in maintaining a systematic numbering system for purchase orders within the procurement process.

NEW QUESTION # 137
What is the purpose of the 'Approved Supplier Lists' functionality in Oracle Fusion Cloud Sourcing?

A. To maintain a list of trusted suppliers for procurement activities
B. To ensure compliance with corporate procurement policies
C. All of the above
D. To streamline supplier onboarding and qualification processes

Answer: C

Explanation:
The 'Approved Supplier Lists' functionality in Oracle Fusion Cloud Sourcing serves multiple purposes. It allows organizations to maintain a list of trusted suppliers for procurement activities, ensuring that only approved suppliers are considered for sourcing requests. It also helps in enforcing compliance with corporate procurement policies by allowing the establishment of preferred supplier relationships and restricting purchases to approved vendors. Additionally, it streamlines the supplier onboarding and qualification processes by providing a centralized repository of supplier information and performance metrics.

NEW QUESTION # 138
......

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