Exam 1z0-327 topic 1 question 13 discussion

Actual exam question from Oracle's 1z0-327

Question #: 13
Topic #: 1

Your customer is implementing the full suite of Cloud procurement. They would like to know how best they can utilize the Contract Terms library.
Identify three applications from where users can access the Contract Terms library for setting up "contract terms" for different documents.

A. Supplier Model
B. Self Service Procurement
C. Sourcing
D. Procurement Contracts
E. Purchasing

Show Suggested Answer

Suggested Answer: CDE 🗳️
C: The procedure for conducting and awarding a two-stage RFQ in Fusion Sourcing quote information includes contact terms.

D: Adding Contract Terms -
If Oracle Fusion Procurement Contracts is installed and configured, you can access contract information created and stored in Procurement Contracts and associate it with your negotiation document. Such information could identify important deliverables or contract clauses suppliers must provide along with the timeline governing the deliverable management.
E: In Oracle Fusion Purchasing a purchase order can be created through an automated process or entered manually.
You can communicate your purchase orders and agreements along with any amendments, attachments, contract terms, and contractual deliverables to suppliers using print, fax, or e-mail.
References: Oracle Procurement Cloud Using Procurement (Release 9), pages 155, 213, and 248

by [deleted] at April 4, 2025, 2:03 p.m.

Comments

Submit Cancel

Currently there are no comments in this discussion, be the first to comment!