1D0-1065-23-D TEST VCE FREE, 1D0-1065-23-D LATEST EXAM TESTKING

1D0-1065-23-D Test Vce Free, 1D0-1065-23-D Latest Exam Testking

1D0-1065-23-D Test Vce Free, 1D0-1065-23-D Latest Exam Testking

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Oracle Fusion Cloud Procurement 2023 Implementation Professional - Delta Sample Questions (Q131-Q136):

NEW QUESTION # 131
Which of the following is an advantage of using the 'Sourcing' feature in Oracle Fusion Cloud Procurement?

  • A. Automating the payment processing for suppliers
  • B. Managing the inventory levels and stock replenishment
  • C. Streamlining the procurement process with a centralized system
  • D. Tracking and monitoring supplier performance and compliance

Answer: C

Explanation:
The 'Sourcing' feature in Oracle Fusion Cloud Procurement helps organizations streamline their procurement process by centralizing it in one system. It enables users to create, manage, and track sourcing events, such as requests for quotation, and facilitates collaboration between buyers and suppliers.


NEW QUESTION # 132
Which of the following negotiation styles is characterized by a high level of assertiveness and a low level of cooperation?

  • A. Competitive style
  • B. Collaborative style
  • C. Compromising style
  • D. Accommodating style

Answer: A

Explanation:
The competitive style of negotiation is characterized by a focus on winning, assertiveness, and achieving one's own goals at the expense of the other party. It involves little cooperation, as the emphasis is on gaining an advantage or outperforming the other party. This style may be appropriate in situations where the goals of the parties are incompatible, or when quick decisions need to be made without considering the long-term relationship.


NEW QUESTION # 133
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 request vendors to provide information about their products or services.
  • D. To announce a procurement opportunity to potential vendors.

Answer: C

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 # 134
What is the purpose of configuring Negotiation and Award Approval in Oracle Fusion Cloud Procurement?

  • A. To validate and verify supplier information and eligibility before awarding a contract.
  • B. To define approval rules and hierarchies for the procurement process.
  • C. To streamline the negotiation and award process by automating approval workflows.
  • D. To allow multiple buyers to collaborate on a negotiation and collectively decide on awarding a contract.

Answer: C

Explanation:
Configuring Negotiation and Award Approval in Oracle Fusion Cloud Procurement enables the automation of approval workflows for the negotiation and award process. By defining approval rules and hierarchies, buyers can ensure that the appropriate stakeholders review and approve negotiations and contract awards. This streamlines the process, reduces manual effort, and ensures consistent and efficient decision-making.


NEW QUESTION # 135
In Oracle Fusion Cloud Procurement, how is contract fulfillment tracked?

  • A. Through manual updates by the procurement specialist
  • B. Through periodic manual reconciliation with supplier invoices
  • C. Through automatic updates from the supplier
  • D. Through integration with external contract management systems

Answer: C

Explanation:
In Oracle Fusion Cloud Procurement, contract fulfillment is tracked through automatic updates from the supplier. The system captures fulfillment data, such as receipt of goods or services, directly from supplier systems or through electronic data interchange (EDI) integration, ensuring accurate and real-time tracking of contract performance.


NEW QUESTION # 136
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