1D0-1065-23-D Exam Dumps | In Oracle Procurement Cloud, which document type is used to create legally binding agreements with suppliers

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Oracle.1D0-1065-23-D.v2025-05-20.q79
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Question 24/79

In Oracle Procurement Cloud, which document type is used to create legally binding agreements with suppliers for purchasing goods or services?

A. Contract Purchase Agreement

B. Procurement Contract

C. Blanket Purchase Agreement

D. Standard Purchase Order

Correct Answer: B

In Oracle Procurement Cloud, the Procurement Contract document type is used for creating legally binding agreements with suppliers. It provides more detailed terms and conditions compared to other document types, making it suitable for complex procurement agreements.

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