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Oracle Fusion Cloud Procurement 2023 Implementation Professional - Delta Sample Questions (Q53-Q58):
NEW QUESTION # 53
Which of the following is a feature that allows users to create predefined lists of items for easy purchasing?
- A. Smart Forms
- B. Public Shopping Lists
- C. Catalog -Category Hierarchies
- D. Tem plates
Answer: B
Explanation:
Public Shopping Lists allow users to create predefined lists of items that can be easily added to a requisition. These lists can be shared among users, making it convenient for recurring or commonly purchased items.
NEW QUESTION # 54
Which of the following is true about Approval Hierarchies in Oracle Fusion Cloud Procurement?
- A. They can only be assigned to Business Units.
- B. They cannot have multiple levels of approval.
- C. They define the approval routing for documents.
- D. They determine the default budgetary control.
Answer: C
Explanation:
Approval Hierarchies in Oracle Fusion Cloud Procurement are used to determine the approval routing for documents. They allow you to define the sequence of individuals or positions who need to approve a document or transaction before it can proceed. They can have multiple levels of approval, are not directly related to budgetary control (option b), and can be assigned to various entities, not limited to Business Units (option c).
NEW QUESTION # 55
Which of the following is an important consideration when implementing a Project-Driven Supply Chain (PDSC)?
- A. Limited collaboration with suppliers and external partners.
- B. A rigid structure that does not allow for any deviations from the plan.
- C. Centralized decision-making without input from project team members.
- D. Flexibility to adapt to changing project requirements.
Answer: D
Explanation:
When implementing a Project-Driven Supply Chain, it is crucial to have the flexibility to adapt to changing project requirements. Projects are dynamic in nature, and there may be unexpected changes in scope, timelines, or resource needs. A PDSC should be able to respond quickly and adjust its plans, processes, and resource allocation to accommodate these changes while still ensuring successful project delivery.
NEW QUESTION # 56
Which of the following may trigger the need for issuing an RFQ?
- A. The need to renegotiate pricing and terms with an existing supplier.
- B. The need to quickly source a low-value item for one-time use.
- C. The need to solicit proposals for a complex project with multiple deliverables.
- D. The need to monitor supplier performance against contractual obligations.
Answer: C
Explanation:
An RFQ is often used in situations where the buyer needs to solicit proposals from potential suppliers for a complex project with multiple deliverables. The RFQ allows the buyer to request detailed information about the suppliers' capabilities, pricing, and proposed solutions, enabling the buyer to evaluate and compare the proposals before making a decision.
NEW QUESTION # 57
Which procurement application is used for creating legally binding contracts?
- A. Supplier Portal
- B. Requisition
- C. Purchase Order
- D. Contract Management
Answer: D
Explanation:
The Contract Management application is used for creating legally binding contracts. It facilitates the entire contract lifecycle, including drafting, negotiating, and executing contracts with suppliers. It also helps in monitoring contract compliance and managing contract renewals or terminations.
NEW QUESTION # 58
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