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Oracle Fusion Cloud Procurement 2025 Implementation Professional Sample Questions (Q57-Q62):
NEW QUESTION # 57
To streamline negotiation communication between your organization and your suppliers, you have opted in to the Share Enterprise Contracts feature in Supplier Portal.
Under which three conditions can you access this feature?
- A. The contract is of Buy intent.
- B. The contract is in Under amendment status.
- C. The contract is of Sell intent.
- D. The contract is in Draft status.
- E. The contract is in Active status.
Answer: A,D,E
Explanation:
The Share Enterprise Contracts feature in Supplier Portal allows you to share contracts with your suppliers and collaborate on contract terms and deliverables. You can access this feature under the following conditions:
* The contract is in Active status: This means that the contract has been approved and accepted by both parties and is ready for execution. You can share the contract with your supplier to monitor the contract fulfillment and performance1.
* The contract is of Buy intent: This means that the contract is a procurement contract that governs the purchase of goods or services from a supplier. You can share the contract with your supplier to negotiate the contract terms and conditions2.
* The contract is in Draft status: This means that the contract has been created but not yet submitted for approval. You can share the contract with your supplier to solicit feedback and input on the contract content3.
:
Share Contracts, Section 1: "Share Contracts"
Overview of Procurement Contracts, Section 1: "Overview of Procurement Contracts" Create Procurement Contracts, Section 1: "Create Procurement Contracts"
NEW QUESTION # 58
Delays in supplier self-service registration can be frustrating. In your implementation, there are some regions where you want to simplify supplier self-service registration and bypass mandatory supplier identifiers.
Which task should you use to set this up?
- A. Manage Internal Supplier Registration Approvals
- B. Manage Supplier Profile Options
- C. Configure Supplier Registration and Profile Change Request
- D. Manage Supplier Profile Change Request
- E. Manage Self Service Procurement Profile Options
Answer: C
Explanation:
To simplify supplier self-service registration and bypass mandatory supplier identifiers for some regions, you should use the Configure Supplier Registration and Profile Change Request task in the Setup and Maintenance work area. This task allows you to define the registration settings for prospective and spend authorized suppliers, such as the required attributes, the approval rules, and the site assignments. You can also specify the supplier identifiers that are mandatory or optional for each country or region. For example, you can make the tax registration number optional for suppliers in a region where it is not commonly used.
:
Options to Configure Supplier Registration and Supplier Profile Change Request, Section 1: "Options to Configure Supplier Registration and Supplier Profile Change Request" Configure Supplier Registration and Profile Change Request, Section 1: "Configure Supplier Registration and Profile Change Request"
NEW QUESTION # 59
When companies are evolving, there are often mergers or acquisitions. You want the supplier contacts of the parent company to be able to only respond to the negotiations of the subsidiaries to which they have access to.
What is the setup to achieve this?
- A. Subsidiary company must forward the negotiation to the parent company supplier to respond.
- B. Parent company supplier must be added to the negotiation.
- C. Parent company supplier must be added to the supplier profile of the subsidiary company.
- D. Subsidiary company supplier must request for the company supplier contact to be added to the negotiation.
Answer: C
NEW QUESTION # 60
For audit compliance, you require existing supplier bank account changes made by your Supplier Administrator to be approved.
Which step must you perform to fulfill this requirement?
- A. Manage Internal Supplier Registration Approvals
- B. Manage Internal Supplier Profile Change Approvals
- C. Configure Supplier Registration and Profile Change Request
Answer: B
NEW QUESTION # 61
What is the difference between Prospective and Spend Authorized suppliers?
- A. Prospective suppliers can participate in Purchase Orders only, whereas Spend Authorized suppliers can participate in both Purchase Orders and agreements.
- B. Prospective suppliers can participate in sourcing and qualification activities only, whereas Spend Authorized suppliers can participate in Purchase Orders and agreements only.
- C. Prospective suppliers can participate in sourcing and qualification activities only, whereas Spend Authorized suppliers can participate in all procure-to-pay activities.
Answer: C
NEW QUESTION # 62
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