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Oracle Fusion Cloud Procurement 2023 Implementation Professional - Delta Sample Questions:

1. How does Supplier Qualification Management (SQM) benefit organizations?

A) Eliminating the need for supplier evaluation
B) Automating the entire procurement process
C) Reducing risk by ensuring qualified suppliers
D) Enhancing communication with existing suppliers

2. Which of the following describes a typical workflow of the RFQ process?

A) Create RFQ, Review Supplier Responses, Negotiate Terms, Award Contract.
B) Review Supplier Responses, Create RFQ, Negotiate Terms, Award Contract.
C) Review Supplier Responses, Create RFQ, Submit RFQ, Award Contract.
D) Create RFQ, Submit RFQ, Review Supplier Responses, Award Contract.

3. Identify the document in which the Supplier field is not mandatory

A) Requisition
B) Request for Quotation
C) Invoice
D) Purchase Order
E) Quotation

4. What benefit does defining Supplier Business Classification provide in Oracle Fusion Cloud Procurement?

A) Streamlined supplier onboarding process.
B) Improved tracking of supplier invoices.
C) Simplified contract negotiation with suppliers.
D) Enhanced visibility into supplier performance.

5. What is a payment term?

A) The ability to pay suppliers using multiple currencies
B) The amount of time given to a supplier to deliver goods or services
C) The agreement between a buyer and supplier on when and how payment will be made
D) The method by which a buyer pays a supplier for goods or services Purchased

Solutions: