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Oracle Fusion Cloud Procurement 2023 Implementation Professional - Delta Sample Questions (Q109-Q114):

NEW QUESTION # 109
When does the closure phase of the application implementation lifecycle occur?

A. At the beginning of the project
B. After the planning phase
C. At the end of the project
D. During the execution phase

Answer: C

Explanation:
The closure phase of the application implementation lifecycle occurs at the end of the project. It includes activities such as completing the implementation, transitioning the application to the support team, conducting user training, documenting the project, and conducting a project review or post-implementation evaluation. This phase signifies the end of the implementation process and the transition to ongoing support and maintenance of the application.

NEW QUESTION # 110
Which of the following features is specific to a Procurement Contract in Oracle Procurement Cloud?

A. Ability to create requisitions
B. Ability to manage document approval workflow
C. Ability to manage billings
D. Ability to approve supplier invoices

Answer: C

Explanation:
A Procurement Contract in Oracle Procurement Cloud has the specific feature of managing billings. It allows for the creation and management of billing schedules, ensuring accurate payment processing and tracking of financial obligations related to the contract.

NEW QUESTION # 111
Which phase of the application implementation lifecycle involves gathering requirements and identifying dependencies?

A. Planning
B. Initiation
C. Monitoring and Control
D. Execution

Answer: A

Explanation:
The planning phase of the application implementation lifecycle involves gathering requirements and identifying dependencies. This phase is crucial for determining the scope of the project, understanding the needs of the stakeholders, and defining the project objectives. During this phase, the project team works with the stakeholders to gather information, document requirements, and identify any dependencies or constraints that may impact the implementation. This information is used to create a detailed project plan, including resource allocation, scheduling, and risk assessment.

NEW QUESTION # 112
What is the purpose of the Contract Terms Library in Oracle Fusion Cloud Procurement?

A. It allows users to create and store standard terms and conditions for contracts.
B. It provides a centralized repository for managing supplier contracts.
C. It enables users to track and manage contract milestones and obligations.
D. It facilitates the automation of contract creation and approval processes.

Answer: A

Explanation:
The Contract Terms Library in Oracle Fusion Cloud Procurement is designed to provide a central location for creating, storing, and managing standard terms and conditions that can be used across multiple contracts. This feature allows users to define and maintain standard contract clauses, which can be easily accessed and added to new contracts as needed.

NEW QUESTION # 113
What is the purpose of a requisition in the procurement process?

A. To create purchase orders
B. To pay suppliers
C. To request goods or services
D. To receive and verify goods or services

Answer: C

Explanation:
A requisition is a formal request made by a user or department to procure specific goods or services. It initiates the procurement process by identifying the need and providing information to create a purchase order.

NEW QUESTION # 114
......

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