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Quiz The Best 1D0-1065-23-D - Exam Oracle Fusion Cloud Procurement 2023 Implementation Professional - Delta Online
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Oracle Fusion Cloud Procurement 2023 Implementation Professional - Delta Sample Questions (Q118-Q123):
NEW QUESTION # 118
What is the purpose of Supplier Qualification Management (SQM) in Oracle Fusion Cloud Procurement?
- A. To manage the qualification process for potential suppliers
- B. To track and evaluate supplier performance
- C. To manage the sourcing process for goods and services
- D. To create and manage purchase orders for suppliers
Answer: A
Explanation:
Supplier Qualification Management (SQM) in Oracle Fusion Cloud Procurement focuses on managing the qualification process for potential suppliers. This module allows organizations to define and implement qualification criteria, evaluate and score potential suppliers based on those criteria, and maintain a qualified supplier pool. SQM helps streamline the supplier qualification process, ensuring that only capable and reliable suppliers are engaged.
NEW QUESTION # 119
Which of the following functionalities is not included in the Procurement application of Oracle Fusion Cloud?
- A. Requisitioning
- B. Inventory Management
- C. Supplier Management
- D. Sourcing
Answer: B
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 # 120
What is the purpose of the Intercompany Invoicing feature in Project-Driven Supply Chain?
- A. It automates the creation and submission of purchase orders for intercompany transactions.
- B. It provides insights into project billing and facilitates the creation of customer invoices.
- C. It allows for the transfer of goods or services between different legal entities within a company.
- D. It enables the consolidation of financial data across different projects within an organization.
Answer: C
Explanation:
The Intercompany Invoicing feature in Project-Driven Supply Chain enables organizations to transfer goods or services between different legal entities within the company. It simplifies the process of intercompany transactions by automating invoicing, billing, and reconciliation. This feature ensures accurate and efficient handling of intercompany transactions, enhancing overall supply chain management.
NEW QUESTION # 121
Which three common procurement business objects can be managed on an ongoing basis while the application is in use?
- A. Units of Measure
- B. Hazard Classes
- C. Payment Terms
- D. Corporate Cards
- E. Item Types
Answer: B,C,E
NEW QUESTION # 122
Which of the following is a key feature of Oracle Fusion Cloud Procurement's Self Service Procurement module?
- A. Automatic creation of purchase orders
- B. Automatic approval of requisitions
- C. Ability to create and manage catalogs
- D. Real-time inventory updates
Answer: C
Explanation:
The Self Service Procurement module in Oracle Fusion Cloud Procurement provides users with the ability to create and manage catalogs. This allows organizations to define and control the items that users can request, ensuring compliance with procurement policies and preferred supplier agreements.
NEW QUESTION # 123
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