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Oracle Fusion Cloud Procurement 2023 Implementation Professional - Delta Sample Questions (Q106-Q111):

NEW QUESTION # 106
What is the purpose of an RFQ (Request for Quotation) in the procurement process?

A. To evaluate vendor proposals and select a preferred supplier.
B. To negotiate the terms and conditions of a procurement contract.
C. To request vendors to provide information about their products or services.
D. To announce a procurement opportunity to potential vendors.

Answer: C

Explanation:
The purpose of an RFQ is to gather information from vendors regarding the pricing, availability, and specifications of their products or services. It is used when the requirements are clearly defined, and the buyer wants to compare different vendor offerings before making a purchasing decision.

NEW QUESTION # 107
What is a content map in the context of Oracle Fusion Cloud Procurement?

A. A mapping between suppliers and catalog items
B. A configuration option for requisitioning rules
C. An integration interface between Oracle Fusion Procurement and external systems
D. A mapping between supplier catalogs and procurement catalogs

Answer: D

Explanation:
A content map in Oracle Fusion Cloud Procurement represents the mapping between supplier catalogs and procurement catalogs. It ensures that the procurement catalog displays the correct items and pricing from the designated supplier catalog, enabling accurate and up-to-date purchasing information. -

NEW QUESTION # 108
Which feature of Oracle Fusion Cloud Procurement allows users to customize the layout and appearance of item details for requisitions?

A. Public Shopping Lists
B. Tem plates
C. Catalog -Category Hierarchies
D. Smart Forms

Answer: D

Explanation:
Smart Forms in Oracle Fusion Cloud Procurement allow users to customize the layout and appearance of item details when creating requisitions. This feature enables users to adapt the requisition form to suit their specific needs and preferences.

NEW QUESTION # 109
What is the purpose of the 'Supplier Qualification Management' module in Oracle Fusion Cloud Procurement?

A. To generate purchase orders for approved suppliers
B. To manage negotiations and contract terms with suppliers
C. To manage the qualification and evaluation of potential suppliers
D. To track and manage supplier performance and compliance

Answer: C

Explanation:
The 'Supplier Qualification Management' module in Oracle Fusion Cloud Procurement is specifically designed to manage the qualification and evaluation of potential suppliers. It allows organizations to define qualification criteria, collect and assess supplier information, and make informed decisions regarding supplier selection.

NEW QUESTION # 110
Which of the following contract terms can be defined in Oracle Fusion Cloud Procurement?

A. All of the above
B. Payment terms
C. Delivery terms
D. Pricing terms

Answer: A

Explanation:
Oracle Fusion Cloud Procurement allows for the definition of various contract terms, including pricing terms, delivery terms, and payment terms. Users can configure these contract terms to suit the specific requirements of their procurement contracts, enabling effective management of the supplier relationship and ensuring clarity on expectations related to pricing, delivery, and payment.

NEW QUESTION # 111
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