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Oracle Fusion Cloud Procurement 2023 Implementation Professional - Delta Sample Questions:
1. What is a payment term?
A) The ability to pay suppliers using multiple currencies
B) The method by which a buyer pays a supplier for goods or services Purchased
C) The amount of time given to a supplier to deliver goods or services
D) The agreement between a buyer and supplier on when and how payment will be made
2. During an implementation, the Buyers will like to access the OTBI reports that are available in the Cloud Purchasing application. Identify the way to provide them easy access to Purchasing related OTBI reports?
A) Train the buyers to navigate to ,Functional Setup Manager, to access the reports
B) Enable the OTBI reports in Purchasing work area
C) Train the users to navigate to Business Intelligence applications to access the reports
D) Ask the buyer to run Scheduled Process to run the OTBI reports for Purchasing
3. Which of the following statements best describes the purpose of Assessments in Oracle Fusion Cloud Procurement?
A) Assessments are used to evaluate the compliance of procurement processes.
B) Assessments are used to assess the quality of procured goods and services.
C) Assessments are used to track the performance of suppliers.
D) Assessments are used to review and rate the qualifications of potential suppliers.
4. Which of the following statements accurately describes the purpose of Project Costing?
A) Project Costing automates the creation of purchase orders for project- related expenses.
B) Project Costing enables users to configure project-driven supply chain processes in Fusion Cloud Procurement.
C) Project Costing allows users to create project templates for organizing project tasks and milestones.
D) Project Costing provides functionality to manage and track project-related expenses and revenue.
5. How does Supplier Qualification Management (SQM) benefit organizations?
A) Enhancing communication with existing suppliers
B) Reducing risk by ensuring qualified suppliers
C) Eliminating the need for supplier evaluation
D) Automating the entire procurement process
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: B | Question # 3 Answer: A | Question # 4 Answer: D | Question # 5 Answer: B |
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