1D0-1065-23-D by Oracle Actual Free Exam Q&As

Question 1

Which of the following is a key functionality of the 'Purchase Orders' module in Oracle Fusion Cloud Procurement?

A. Creating and approving supplier contracts B. Forecasting and planning supplier demand C. Tracking and managing supplier invoices D. Creating and managing purchase agreements

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Correct Answer: D Vote an answer

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Question 2

What are the main benefits of utilizing Assessments in Oracle Fusion Cloud Procurement?

A. Improved supplier evaluation and performance tracking. B. Enhanced purchasing efficiency and cost savings. C. Streamlined procurement processes and increased compliance. D. Better management of supplier qualifications and certifications.

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Correct Answer: C Vote an answer

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Question 3

Which of the following procurement applications is used for managing supplier information?

A. Purchase Order B. Requisition C. Contract Management D. Supplier Portal

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Correct Answer: D Vote an answer

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Question 4

During an implementation of Cloud Sourcing, the users are performing user acceptance testing and entering 'contract terms' in the terms library from different remote locations. There are occasions when same mistakes are being repeated by the users and the project team needs to do a lot of coordination to eliminate the errors. Identify the system help that the users can utilize so that they enter only the correct contract terms in the 'Terms library', validate those, correct those and use those in the contract?

A. Users need to run ,Contract library Tool, to check the correctness B. Users need to run ,Contract Expert, which will identify the mistakes and red line the items C. Users need to share the terms before input to the system D. Users need to download the terms in word format and run the spell/ grammar check

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Correct Answer: B Vote an answer

Question 5

What is the benefit of using the Contract Terms Library in Oracle Fusion Cloud Procurement?

A. Improved contract compliance and consistency. B. Reduced risk of contractual disputes. C. Streamlined contract negotiation processes. D. Enhanced visibility into contract performance.

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Correct Answer: A Vote an answer

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Question 6

What is the purpose of configuring Two-Stage negotiation in Oracle Fusion Cloud Procurement?

A. To provide buyers with multiple rounds of bidding for better price discovery and negotiation. B. To split the negotiation process into two separate stages, allowing suppliers to revise their bids. C. To automate the negotiation process using predefined business rules and approval workflows. D. To allow for complex negotiations where detailed discussions are required before suppliers submit their final offers.

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Correct Answer: B Vote an answer

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Question 7

Which option represents the lowest level of access control in Oracle Fusion Cloud Procurement?

A. Security policies B. Job roles C. Duty roles D. Privileges

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Correct Answer: D Vote an answer

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Question 8

Which of the following actions triggers the contract approval process in Oracle Fusion Cloud Procurement?

A. Assigning a contract to a supplier B. Submitting a contract for approval C. Entering contract fulfillment details D. Creating a new contract term

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Correct Answer: B Vote an answer

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Oracle Fusion Cloud Procurement 2023 Implementation Professional - Delta - 1D0-1065-23-D Exam Practice Test