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

NEW QUESTION # 171
How can users access the Contract Terms Library in Oracle Fusion Cloud Procurement?

A. By navigating to the Configure Contracts page.
B. From the Supplier Contracts menu.
C. Via the Manage Contracts Libraries task.
D. Through the Procurement Contracts work area.

Answer: D

Explanation:
The Contract Terms Library can be accessed through the Procurement Contracts work area in Oracle Fusion Cloud Procurement. This work area provides users with a comprehensive set of tools and functionalities related to managing contracts, including the ability to access and configure the Contract Terms Library.

NEW QUESTION # 172
Which of the following features is specific to a Procurement Contract in Oracle Procurement Cloud?

A. Ability to manage document approval workflow
B. Ability to manage billings
C. Ability to approve supplier invoices
D. Ability to create requisitions

Answer: B

Explanation:
A Procurement Contract in Oracle Procurement Cloud has the specific feature of managing billings. It allows for the creation and management of billing schedules, ensuring accurate payment processing and tracking of financial obligations related to the contract.

NEW QUESTION # 173
What is a key step in creating Business Units in Oracle Fusion Cloud Procurement?

A. Define the Ledger
B. Approve Requisitions
C. Administer Catalogs
D. Manage Invoices

Answer: A

Explanation:
The key step in creating Business Units in Oracle Fusion Cloud Procurement is to define the Ledger. A Ledger represents an accounting representation for a legal entity or an organization within the system. It defines the accounting calendar, chart of accounts, and accounting currency for the Business Unit.

NEW QUESTION # 174
How can employees track the status of their purchase requisitions in Self Service Procurement?

A. By reviewing the detailed budget reports.
B. By contacting the procurement department directly.
C. By accessing the Purchasing Dashboard.
D. By checking the status on the Shopping Home Page.

Answer: C

Explanation:
Employees can track the status of their purchase requisitions in Self Service Procurement by accessing the Purchasing Dashboard. This dashboard provides visibility into the overall procurement process, including the status of requested items and their corresponding purchase orders.

NEW QUESTION # 175
Which of the following statements is true about Fusion Functional Set Up Manager?

A. It is used to manage application configuration data in Oracle Fusion Cloud.
B. It is used to define and maintain flexfields in Oracle Fusion Cloud.
C. It is used to import and export data using templates in Oracle Fusion Cloud.
D. It is used to manage security roles in Oracle Fusion Cloud.

Answer: A

Explanation:
Fusion Functional Set Up Manager is a tool used to manage application configuration data in Oracle Fusion Cloud. It allows users to define and update various setup components such as business units, legal entities, ledgers, and other configuration data essential for system functionality.

NEW QUESTION # 176
......

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2025 Trustable 1D0-1065-23-D Latest Study Notes Help You Pass 1D0-1065-23-D Easily

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

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