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| Section | Objectives |
|---|---|
| Advanced Procurement Features | - AI and Analytics in Procurement
|
| Strategic Sourcing | - Negotiations and RFQ Process
|
| Supplier Management | - Supplier Lifecycle
|
| Self Service Procurement | - Redwood UI and User Experience
|
| Procurement Cloud Fundamentals | - Procure-to-Pay Process Overview
|
| Procurement Configuration | - Setup and Functional Setup Manager (FSM)
|
What is the purpose of conducting a user acceptance test (UAT) during the implementation of Oracle Fusion Cloud Procurement?
Correct Answer: A 🗳️
Explanation: Only visible for VCEPrep members. You can sign-up / login (it's free).
During Cloud procurement implementation, your customer has a requirement to ensure that all purchasing documents must go through budgetary control and the purchasing transaction must be stopped from processing if the funds are unavailable.Identify the configuration required to achieve this requirement.
Correct Answer: B 🗳️
Which of the following can be configured in the Contract Terms Library?
Correct Answer: A 🗳️
Explanation: Only visible for VCEPrep members. You can sign-up / login (it's free).
What is the benefit of using the Contract Terms Library in Oracle Fusion Cloud Procurement?
Correct Answer: A 🗳️
Explanation: Only visible for VCEPrep members. You can sign-up / login (it's free).
Which of the following components is NOT part of the Supplier Qualification Management (SQM) process?
Correct Answer: C 🗳️
Explanation: Only visible for VCEPrep members. You can sign-up / login (it's free).
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