Which of the following contract types in Oracle Procurement Cloud supports a price adjustment clause that automatically adjusts the item price based on a predefined formula?

• A.Procurement Contract
• B.Blanket Purchase Agreement
• C.Contract Purchase Agreement
• D.Standard Purchase Order

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Which of the following represents the correct sequence of steps to create an approval rule in Oracle Fusion Cloud Procurement?

• A.Criteria, Actions, Attributes
• B.Criteria, Attributes, Actions
• C.Actions, Attributes, Criteria
• D.Attributes, Criteria, Actions

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Which of the following is an important consideration when implementing a Project-Driven Supply Chain (PDSC)?

• A.Centralized decision-making without input from project team members.
• B.Flexibility to adapt to changing project requirements.
• C.A rigid structure that does not allow for any deviations from the plan.
• D.Limited collaboration with suppliers and external partners.

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Your organization has multiple procurement business units. A Qualification manager wants to launch an initiative for assessment of suppliers. However, the manager is unable to select the qualification model that he or she defined earlier.Identify the cause for this behavior.

• A.The Qualification manager is not defined as procurement agent.
• B.The Qualification manager has not selected the correct procurementBU.https://docs.oracle.com/en/cloud/saas/procurement/20a/oaprc/managesupplier-information.html#OAPRC1224043Default Assessment Owner: Select a user to set as the defaultassessment owner for all the accessing procurement BUs when this qualification model is included in anassessment. When a default assessment owner is assigned, then all the procurement BUs that haveaccess to this model will have this user as the default assessment owner unless specified otherwise in the Business Unit Access or Business Unit Defaults table. Business Unit Access: You can assign a defaultassessment owner for various business units. When the area isn,t global BU access, you can also add theprocurement business units which can use this qualification model.
• C.procurement agent definition.
• D.The Qualification manager does not have the ,,Manage Suppliers,, action enabled in
• E.The qualification model is not yet approved.

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What is a payment term?

• A.The ability to pay suppliers using multiple currencies
• B.The agreement between a buyer and supplier on when and how payment will be made
• C.The amount of time given to a supplier to deliver goods or services
• D.The method by which a buyer pays a supplier for goods or services Purchased

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