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Oracle Fusion Cloud Procurement 2023 Implementation Professional - Delta Sample Questions (Q38-Q43):
NEW QUESTION # 38
How does Supplier Qualification Management (SQM) benefit organizations?
Answer: C
Explanation:
Supplier Qualification Management (SQM) benefits organizations by reducing risk through the careful selection and qualification of suppliers. By defining qualification criteria, evaluating potential suppliers, and maintaining a qualified supplier pool, SQM helps ensure that only reliable and capable suppliers are engaged. This reduces the risk of poor quality, late deliveries, or other supplier-related issues.
NEW QUESTION # 39
What is a key step in creating Business Units in Oracle Fusion Cloud Procurement?
Answer: D
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 # 40
Which of the following represents a typical Punch Out flow in Oracle Fusion Cloud Procurement?
Answer: A
Explanation:
In a typical Punch Out flow, the buyer accesses the supplier's website from within the procurement system, browses the catalog, and adds items to the shopping cart. When the buyer is ready to submit the order, the shopping cart contents are transferred back to the procurement system for further processing, such as creating a purchase order.
NEW QUESTION # 41
How can the Supplier Products and Services Category Hierarchy benefit procurement operations in Oracle Fusion Cloud Procurement?
Answer: D
Explanation:
The Supplier Products and Services Category Hierarchy in Oracle Fusion Cloud Procurement facilitates effective planning and sourcing of procurement needs. By organizing suppliers based on their product offerings, procurement professionals can easily search and filter suppliers based on specific procurement requirements, leading to more targeted sourcing strategies and efficient procurement operations.
NEW QUESTION # 42
What is the purpose of the 'Supplier Qualification Management' module in Oracle Fusion Cloud Procurement?
Answer: A
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 # 43
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