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NEW QUESTION # 12
What are the key features of Supplier Qualification Management (SQM) in Oracle Fusion Cloud Procurement?
Answer: C
Explanation:
One of the key features of Supplier Qualification Management (SQM) in Oracle Fusion Cloud Procurement is supplier rating and ranking. SQM allows organizations to evaluate and score potential suppliers based on predefined qualification criteria. This rating and ranking system helps organizations prioritize and engage the most qualified suppliers, improving procurement efficiency and effectiveness. Features like purchase order management, payment processing automation, and inventory control are typically handled by other modules in the Oracle Fusion Cloud Procurement suite.
NEW QUESTION # 13
Which of the following is a required setup to configure a Procurement Business Unit in Oracle Fusion Cloud Procurement?
Answer: B
Explanation:
To configure a Procurement Business Unit, it is necessary to define procurement business unit parameters. These parameters define various settings and options for the business unit, such as default inventory validation organization, default accounting period, and procurement financials options.
NEW QUESTION # 14
Which of the following tasks can be performed using Fusion Functional Set Up Manager?
Answer: A
Explanation:
Fusion Functional Set Up Manager allows users to define and maintain approval rules for various business processes within Oracle Fusion Cloud. These rules determine the routing and approval hierarchy for transactions such as purchase orders, requisitions, and expense reports.
NEW QUESTION # 15
Identify two profile options that are required to configure Punchout Catalogs in Self Service Procurement.
Answer: B,D
NEW QUESTION # 16
What benefit does defining Supplier Business Classification provide in Oracle Fusion Cloud Procurement?
Answer: B
Explanation:
Defining Supplier Business Classification in Oracle Fusion Cloud Procurement helps streamline the supplier onboarding process. By classifying suppliers based on their business type or industry, it becomes easier to identify and select the right suppliers for the organization's procurement needs, thus improving the onboarding efficiency.
NEW QUESTION # 17
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