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Oracle Fusion Cloud Procurement 2023 Implementation Professional - Delta Sample Questions (Q144-Q149):
NEW QUESTION # 144
Purchasing Document Types Which document type is used to create a request for quotation from a supplier?
- A. Requisition
- B. Sourcing Document
- C. Purchase Order
- D. Quotation
Answer: A
Explanation:
A Requisition is the document type used to create a request for quotation from a supplier. It is an internal request made by an organization to fulfill a specific need for goods or services. Once the requisition is approved, it can be used to create a request for quotation to be sent to potential suppliers.
NEW QUESTION # 145
Which procurement application is used for creating and submitting purchase requests?
- A. Requisition
- B. Supplier Portal
- C. Purchase Order
- D. Contract Management
Answer: A
Explanation:
The Requisition application is used for creating and submitting purchase requests. It enables employees to request goods or services needed for their job roles. Once a requisition is submitted, it goes through an approval process before a purchase order is created.
NEW QUESTION # 146
What is Self Service Procurement in Oracle Fusion Cloud Procurement?
- A. A feature only available to procurement administrators to manage purchase requests.
- B. A feature that automates the procurement process.
- C. A feature that enables users to create purchase orders directly from suppliers, catalogs.
- D. A feature that allows users to request goods and services for themselves or on behalf of others.
Answer: D
Explanation:
Self Service Procurement in Oracle Fusion Cloud Procurement is a feature that empowers end users to request goods and services for themselves or on behalf of others. It enables users to create requisitions or purchase requests directly in the system, eliminating the need for manual processes or paper-based requests. This feature streamlines the procurement process, increases user autonomy, and reduces procurement lead time.
NEW QUESTION # 147
What is an Enterprise Structure in Oracle Fusion Cloud Procurement?
- A. It represents the hierarchy of organizations and their relationships.
- B. It refers to the different departments and divisions within an organization.
- C. It defines the various roles and responsibilities within an organization.
- D. It tracks the financial transactions between suppliers and buyers.
Answer: A
Explanation:
In Oracle Fusion Cloud Procurement, an Enterprise Structure defines the hierarchy of organizations and their relationships within the system. It represents the organizational structure of an enterprise, including business units, legal entities, and divisions. It helps establish the relationships and reporting structures between various entities, ensuring proper governance and control over procurement processes.
NEW QUESTION # 148
Which of the following options allows requisitions to be automatically approved in Oracle Fusion Cloud Procurement?
- A. Requester belongs to a specific department
- B. Supplier is on an approved vendor list
- C. Requisition Total Amount below a threshold
- D. Item is classified as low-risk
Answer: C
Explanation:
In Oracle Fusion Cloud Procurement, requisitions can be automatically approved if their total amount falls below a predefined threshold. This feature streamlines the procurement process for low-value items, reducing the need for manual approvals and allowing for faster purchasing.
NEW QUESTION # 149
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