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Oracle Fusion Cloud Procurement 2023 Implementation Professional - Delta Sample Questions (Q141-Q146):

NEW QUESTION # 141
When can a supplier submit responses to an SQM Initiative?

A. Only during the designated response period.
B. Only if the supplier is already qualified.
C. Anytime after the initiative is created.
D. Only after the initiative has been approved.

Answer: A

Explanation:
Suppliers can only submit responses to an SQM Initiative during the designated response period. The response period is a specific timeframe determined by the organization initiating the SQM process. Suppliers must submit their responses within this designated timeframe.

NEW QUESTION # 142
What is UOM (Unit of Measure) in procurement?

A. The unit used to measure the quality of goods
B. The unit used to measure the weight of goods
C. The unit used to measure the quantity of goods
D. The unit used to measure the volume of goods

Answer: C

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 # 143
Which of the following is an advantage of using the 'Sourcing' feature in Oracle Fusion Cloud Procurement?

A. Automating the payment processing for suppliers
B. Streamlining the procurement process with a centralized system
C. Managing the inventory levels and stock replenishment
D. Tracking and monitoring supplier performance and compliance

Answer: B

Explanation:
The 'Sourcing' feature in Oracle Fusion Cloud Procurement helps organizations streamline their procurement process by centralizing it in one system. It enables users to create, manage, and track sourcing events, such as requests for quotation, and facilitates collaboration between buyers and suppliers.

NEW QUESTION # 144
What is the advantage of using Punch Out catalogs in Oracle Fusion Cloud Procurement?

A. Improved visibility into supplier performance
B. Increased control over the purchasing process
C. Enhanced security for sensitive transactions
D. Reduced manual effort in managing catalogs

Answer: D

Explanation:
By using Punch Out catalogs, suppliers can manage their catalogs directly within the procurement system, eliminating the need for manual catalog uploads and updates. This reduces manual effort for both suppliers and buyers, streamlining the catalog management process.

NEW QUESTION # 145
What is a key step in creating Business Units in Oracle Fusion Cloud Procurement?

A. Define the Ledger
B. Approve Requisitions
C. Manage Invoices
D. Administer Catalogs

Answer: A

Explanation:
The key step in creating Business Units in Oracle Fusion Cloud Procurement is to define the Ledger. A Ledger represents an accounting representation for a legal entity or an organization within the system. It defines the accounting calendar, chart of accounts, and accounting currency for the Business Unit.

NEW QUESTION # 146
......

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