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Oracle Fusion Cloud Procurement 2023 Implementation Professional - Delta Sample Questions (Q171-Q176):

NEW QUESTION # 171
Which of the following may trigger the need for issuing an RFQ?

A. The need to monitor supplier performance against contractual obligations.
B. The need to renegotiate pricing and terms with an existing supplier.
C. The need to solicit proposals for a complex project with multiple deliverables.
D. The need to quickly source a low-value item for one-time use.

Answer: C

Explanation:
An RFQ is often used in situations where the buyer needs to solicit proposals from potential suppliers for a complex project with multiple deliverables. The RFQ allows the buyer to request detailed information about the suppliers' capabilities, pricing, and proposed solutions, enabling the buyer to evaluate and compare the proposals before making a decision.

NEW QUESTION # 172
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. Performing end-to-end testing of the system.
C. Defining data security roles and responsibilities.
D. Managing project risks and issues.

Answer: D

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 # 173
You gave the Procurement Catalog Administrator role to a buyer of the business unit ''BU1'' but when the buyer is trying to define a catalog in ''Select and define catalog'', the buyer is unable to find ''BU1'' in the ''Procurement BU'' list of values. Identify the reason for this.

A. The ,,Procurement Catalog Administrator BU1,, data role is not assigned to the buyer.
B. The ,,Manage Catalog content,, action is not enabled for the buyer in the Procurement Agent page. Procurement BU: Assign the agent to one or more procurement business units. Action: Enable the agent to access one or more procurement action for each procurement business unit. For example: Manage Catalog Content: Enable access to catalog content. This action allows an agent to add or update blanket purchase agreement line information as part of the collaborative catalog authoring
C. The ,,Local Catalog administrator BU1,, data role is not assigned to the buyer.
D. The ,,Catalog Management,, business function is not enabled for BU1.

Answer: B

NEW QUESTION # 174
What is the purpose of a contract template in Oracle Procurement Cloud?

A. To create standard pricing agreements with suppliers
B. To set up payment terms for supplier invoices
C. To automatically generate purchase orders
D. To define the structure and content of a contract document

Answer: D

Explanation:
The purpose of a contract template in Oracle Procurement Cloud is to define the structure and content of a contract document. It enables users to create consistent and standardized contract documents by predefining sections, clauses, and other required elements.

NEW QUESTION # 175
What is the purpose of an RFQ (Request for Quotation) in the procurement process?

A. To negotiate the terms and conditions of a procurement contract.
B. To evaluate vendor proposals and select a preferred supplier.
C. To announce a procurement opportunity to potential vendors.
D. To request vendors to provide information about their products or services.

Answer: D

Explanation:
The purpose of an RFQ is to gather information from vendors regarding the pricing, availability, and specifications of their products or services. It is used when the requirements are clearly defined, and the buyer wants to compare different vendor offerings before making a purchasing decision.

NEW QUESTION # 176
......

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