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NEW QUESTION # 89
Which of the following is true about Approval Hierarchies in Oracle Fusion Cloud Procurement?
Answer: C
Explanation:
Approval Hierarchies in Oracle Fusion Cloud Procurement are used to determine the approval routing for documents. They allow you to define the sequence of individuals or positions who need to approve a document or transaction before it can proceed. They can have multiple levels of approval, are not directly related to budgetary control (option b), and can be assigned to various entities, not limited to Business Units (option c).
NEW QUESTION # 90
What is the purpose of the 'Supplier Qualification Management' module in Oracle Fusion Cloud Procurement?
Answer: D
Explanation:
The 'Supplier Qualification Management' module in Oracle Fusion Cloud Procurement is specifically designed to manage the qualification and evaluation of potential suppliers. It allows organizations to define qualification criteria, collect and assess supplier information, and make informed decisions regarding supplier selection.
NEW QUESTION # 91
Which option represents the lowest level of access control in Oracle Fusion Cloud Procurement?
Answer: C
Explanation:
Privileges represent the lowest level of access control in Oracle Fusion Cloud Procurement. They are specific permissions assigned to users within duty roles. Privileges determine the level of access to individual functions, such as creating, updating, or deleting specific records or documents.
NEW QUESTION # 92
Which of the following is an advantage of using the 'Sourcing' feature in Oracle Fusion Cloud Procurement?
Answer: A
Explanation:
The 'Sourcing' feature in Oracle Fusion Cloud Procurement helps organizations streamline their procurement process by centralizing it in one system. It enables users to create, manage, and track sourcing events, such as requests for quotation, and facilitates collaboration between buyers and suppliers.
NEW QUESTION # 93
Which of the following features is associated with the Strategic Sourcing module in Oracle Fusion Cloud Procurement?
Answer: C
Explanation:
Supplier Qualification Management (SQM) is a feature within the Supplier Qualification area of Oracle Fusion Cloud Procurement. It enables organizations to manage the qualification process for suppliers, ensuring compliance and assessing their capabilities to meet specific requirements.
NEW QUESTION # 94
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