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Oracle Fusion Cloud Procurement 2023 Implementation Professional - Delta Sample Questions (Q12-Q17):

NEW QUESTION # 12
What is the purpose of defining Supplier Business Classification in Oracle Fusion Cloud Procurement?

A. To assign suppliers to specific procurement categories.
B. To categorize suppliers based on their geographic location.
C. To classify suppliers based on their business type or industry.
D. To rate suppliers based on their performance metrics.

Answer: C

Explanation:
Defining Supplier Business Classification in Oracle Fusion Cloud Procurement helps categorize suppliers based on their business type or industry. This classification enables better supplier management and allows for more targeted sourcing strategies tailored to specific supplier categories.

NEW QUESTION # 13
Which of the following is a key benefit of using an RFQ in procurement?

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

Answer: A

Explanation:
One of the main benefits of using an RFQ is that it allows the buyer to gather information about potential suppliers' qualifications, capabilities, and reliability. By requesting quotes from multiple suppliers, the buyer can compare their responses and select a supplier that meets the desired criteria, reducing the risk of dealing with unqualified or unreliable vendors.

NEW QUESTION # 14
What is Self Service Procurement in Oracle Fusion Cloud Procurement?

A. A feature that enables users to create purchase orders directly from suppliers, catalogs.
B. A feature only available to procurement administrators to manage purchase requests.
C. A feature that allows users to request goods and services for themselves or on behalf of others.
D. A feature that automates the procurement process.

Answer: C

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 # 15
Which of the following security features is available in the Supplier Portal in Oracle Fusion Cloud Procurement?

A. Role-based access control.
B. Data encryption.
C. All of the above.
D. Two-factor authentication.

Answer: C

Explanation:
The Supplier Portal in Oracle Fusion Cloud Procurement provides various security features to ensure the confidentiality, integrity, and availability of data. It includes role-based access control, which allows administrators to assign specific roles and permissions to users based on their responsibilities. Two-factor authentication adds an extra layer of security by requiring users to provide a second form of authentication, such as a temporary code sent to their mobile device. Additionally, data encryption is utilised to protect sensitive information from unauthorized access or interception.

NEW QUESTION # 16
Which entity defines the functional access and restricts user access to specific functionality within Oracle Fusion Cloud Procurement?

A. Privileges
B. Job roles
C. Duty roles
D. Security policies

Answer: C

Explanation:
Duty roles are used to define specific functional access within Oracle Fusion Cloud Procurement. They are assigned to job roles to determine the tasks and privileges that a user can perform. Duty roles allow for fine-grained control over the access and restrictions to various functionalities.

NEW QUESTION # 17
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