Online Access Free 1D0-1065-23-D Exam Questions

Which of the following best describes the purpose of the Procurement application in Oracle Fusion Cloud?

• A.To manage sales and customer relationships.
• B.To handle financial planning and budgeting.
• C.To monitor and report on employee performance.
• D.To streamline and automate the procurement process.

Which step is involved in the Self Service Procurement lifecycle for managing purchase requisitions?

• A.Creating and submitting purchase requisitions.
• B.Creating purchase agreements.
• C.Defining supplier registration rules.
• D.Processing invoices and payments.

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

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

Purchasing Document Types Which document type is used to create a request for quotation from a supplier?

• A.Quotation
• B.Sourcing Document
• C.Requisition
• D.Purchase Order

Which of the following is a key benefit of using an RFQ in procurement?

• A.Enhancing collaboration and communication with suppliers.
• B.Reducing the risk of purchasing from unqualified or unreliable suppliers.
• C.Streamlining the purchasing process by automating supplier selection.
• D.Improving transparency and fairness in the procurement process.