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

NEW QUESTION # 106
Which of the following is a key functionality of the 'Purchase Orders' module in Oracle Fusion Cloud Procurement?

• A. Forecasting and planning supplier demand
• B. Creating and approving supplier contracts
• C. Creating and managing purchase agreements
• D. Tracking and managing supplier invoices

Answer: C

Explanation:
The 'Purchase Orders' module in Oracle Fusion Cloud Procurement is primarily used for creating and managing purchase orders, including the creation and management of purchase agreements. It allows organizations to establish and enforce terms and conditions with suppliers, ensuring compliance and efficient procurement processes.

NEW QUESTION # 107
Which of the following is a key responsibility of a project manager during the implementation of Oracle Fusion Cloud Procurement?

• A. Configuring the system based on business requirements.
• B. Managing project risks and issues.
• C. Defining data security roles and responsibilities.
• D. Performing end-to-end testing of the system.

Answer: B

Explanation:
The project manager plays a crucial role in overseeing the implementation process of Oracle Fusion Cloud Procurement. One of their key responsibilities is managing project risks and issues. This involves identifying potential obstacles, mitigating their impact, and resolving any issues that may arise during the implementation. By effectively managing risks and issues, the project manager ensures the successful delivery of the implementation project.

NEW QUESTION # 108
Which feature in Oracle Fusion Cloud Procurement provides a structured arrangement of categories and subcategories for efficient catalog navigation?

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

Answer: D

Explanation:
Catalog -Category Hierarchies in Oracle Fusion Cloud Procurement provide a structured arrangement of categories and subcategories within the catalog. This helps users navigate the catalog efficiently, find the desired items, and streamline the procurement process.

NEW QUESTION # 109
When does the closure phase of the application implementation lifecycle occur?

• A. After the planning phase
• B. During the execution phase
• C. At the end of the project
• D. At the beginning of the project

Answer: C

Explanation:
The closure phase of the application implementation lifecycle occurs at the end of the project. It includes activities such as completing the implementation, transitioning the application to the support team, conducting user training, documenting the project, and conducting a project review or post-implementation evaluation. This phase signifies the end of the implementation process and the transition to ongoing support and maintenance of the application.

NEW QUESTION # 110
Which of the following contract types in Oracle Procurement Cloud supports a price adjustment clause that automatically adjusts the item price based on a predefined formula?

• A. Blanket Purchase Agreement
• B. Procurement Contract
• C. Standard Purchase Order
• D. Contract Purchase Agreement

Answer: D

Explanation:
The Contract Purchase Agreement in Oracle Procurement Cloud supports a price adjustment clause that automatically adjusts the item price based on a predefined formula. This allows for the flexibility to modify prices when certain conditions are met.

NEW QUESTION # 111
......

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