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Oracle Fusion Cloud Procurement 2023 Implementation Professional - Delta Sample Questions (Q170-Q175):

NEW QUESTION # 170
Which of the following is a benefit of using the Oracle Fusion Cloud Sourcing platform?

A. All of the above
B. Reduced risk of non-compliance with purchasing policies
C. Improved collaboration between buyers and suppliers
D. Increased transparency in supplier selection process

Answer: A

Explanation:
The Oracle Fusion Cloud Sourcing platform offers a range of benefits, including increased transparency in the supplier selection process, reduced risk of non-compliance with purchasing policies, and improved collaboration between buyers and suppliers. By providing a centralized system for sourcing activities, it allows for greater visibility and control, mitigating risks and improving overall efficiency in procurement processes.

NEW QUESTION # 171
Which of the following functionalities is not included in the Procurement application of Oracle Fusion Cloud?

A. Sourcing
B. Requisitioning
C. Inventory Management
D. Supplier Management

Answer: C

Explanation:
The Inventory Management functionality is not included in the Procurement application of Oracle Fusion Cloud. Inventory management is typically part of the Supply Chain Management application suite. While the Procurement application has features related to purchasing and supplier management, it does not handle inventory management activities such as inventory tracking, stock management, or warehouse operations.

NEW QUESTION # 172
What is the benefit of using the Contract Terms Library in Oracle Fusion Cloud Procurement?

A. Improved contract compliance and consistency.
B. Streamlined contract negotiation processes.
C. Reduced risk of contractual disputes.
D. Enhanced visibility into contract performance.

Answer: A

Explanation:
The use of the Contract Terms Library in Oracle Fusion Cloud Procurement helps improve contract compliance and consistency. By creating and storing standard terms and conditions in a central repository, contract managers can ensure that contracts are consistently drafted with the appropriate clauses and provisions. This minimizes the risk of contractual errors or omissions and helps maintain compliance with organizational policies and regulations.

NEW QUESTION # 173
Which two profile options are required to configure Punchout Catalogs in Self Service Procurement?

A. PO_DOC_BUILDER_DEFAULT_DOC_TYPE
B. POR_PROXY_SERVER_PORT
C. PO_DEFAULT_PRC_BU
D. POR_DISPLAY_EMBEDDED_ANALYTICS
E. POR_PROXY_SERVER_NAME

Answer: B,E

NEW QUESTION # 174
In Oracle Fusion Cloud Procurement, what is the purpose of the "Manage Negotiations" task?

A. All of the above
B. View negotiation history
C. Approve supplier negotiations
D. Create and manage negotiation templates

Answer: A

Explanation:
The "Manage Negotiations" task in Oracle Fusion Cloud Procurement serves multiple purposes. It allows procurement professionals to approve supplier negotiations, create and manage negotiation templates for standardized processes, and also provides access to view the history and details of past negotiations.

NEW QUESTION # 175
......

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