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Oracle Fusion Cloud Procurement 2023 Implementation Professional - Delta - 1D0-1065-23-D Exam Questions

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Total 177 questions

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QUESTION NO: 1
Which of the following represents the correct sequence of steps to create an approval rule in Oracle Fusion Cloud Procurement?

A. Actions, Attributes, Criteria B. Criteria, Actions, Attributes C. Attributes, Criteria, Actions D. Criteria, Attributes, Actions

Correct Answer: D

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QUESTION NO: 2
Which statement best describes job roles in Oracle Fusion Cloud Procurement?

A. Job roles define specific functional access within Oracle Fusion Cloud Procurement. B. Job roles provide fine-grained control over security policies. C. Job roles restrict user access to specific functionality within Oracle Fusion Cloud Procurement. D. Job roles determine the tasks and privileges that a user can perform.

Correct Answer: D

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QUESTION NO: 3
What is the purpose of supplier business classification in Oracle Fusion Cloud Procurement?

A. To track supplier performance and compliance B. To determine the approval hierarchy for supplier registration C. To calculate supplier ratings based on their financial stability D. To categorize suppliers based on their business activities and products

Correct Answer: D

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QUESTION NO: 4
Which of the following is true about Approval Hierarchies in Oracle Fusion Cloud Procurement?

A. They cannot have multiple levels of approval. B. They define the approval routing for documents. C. They determine the default budgetary control. D. They can only be assigned to Business Units.

Correct Answer: B

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QUESTION NO: 5
What is the purpose of configuring Two-Stage negotiation in Oracle Fusion Cloud Procurement?

A. To allow for complex negotiations where detailed discussions are required before suppliers submit their final offers. B. To split the negotiation process into two separate stages, allowing suppliers to revise their bids. C. To provide buyers with multiple rounds of bidding for better price discovery and negotiation. D. To automate the negotiation process using predefined business rules and approval workflows.

Correct Answer: B

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QUESTION NO: 6
Which of the following is NOT a valid status for an SQM Evaluation?

A. Pending Approval B. In Progress C. Completed D. Pending

Correct Answer: B

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QUESTION NO: 7
Which of the following is NOT a valid type of purchase order in Oracle Fusion Cloud Procurement?

A. Standard purchase order B. Planned purchase order C. Contract purchase agreement D. Blanket purchase agreement

Correct Answer: B

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QUESTION NO: 8
Which profile option is used to default the numbering method for procurement documents?

A. Requisition_Numbering_Method B. Doc_Numbering_Method C. PO_Numbering_Method D. Purchase Order Numbering _ Method

Correct Answer: D

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QUESTION NO: 9
What is the purpose of Supplier Qualification Management (SQM) in Oracle Fusion Cloud Procurement?

A. To create and manage purchase orders for suppliers B. To manage the sourcing process for goods and services C. To track and evaluate supplier performance D. To manage the qualification process for potential suppliers

Correct Answer: D

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QUESTION NO: 10
When configuring a Procurement Business Unit in Oracle Fusion Cloud Procurement, which of the following is TRUE regarding the configuration of document sequencing?

A. Document sequencing configuration is only required for purchase orders and not for other types of procurement documents. B. Document sequencing configuration is optional and can be omitted. C. Document sequencing configuration is specific to each business unit and must be defined separately. D. Document sequencing configuration is automatically inherited from the common configuration.

Correct Answer: C

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QUESTION NO: 11
Which of the following is a key benefit of using an RFQ in procurement?

A. Enhancing collaboration and communication with suppliers. B. Streamlining the purchasing process by automating supplier selection. C. Reducing the risk of purchasing from unqualified or unreliable suppliers. D. Improving transparency and fairness in the procurement process.

Correct Answer: C

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Total 177 questions

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