1D0-1065-23-D Exam Dumps | Which of the following best describes the purpose of the Procurement application in Oracle Fusion Cloud?

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Oracle Fusion Cloud Procurement 2023 Implementation Professional - Delta
Oracle.1D0-1065-23-D.v2025-05-20.q79
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Question 53/79

Which of the following best describes the purpose of the Procurement application in Oracle Fusion Cloud?

A. To manage sales and customer relationships.

B. To monitor and report on employee performance.

C. To handle financial planning and budgeting.

D. To streamline and automate the procurement process.

Correct Answer: D

The Procurement application in Oracle Fusion Cloud is specifically designed to streamline and automate the procurement process. It enables organizations to efficiently manage their purchasing activities, track supplier performance, and control costs. The application provides features such as requisitioning, sourcing, purchasing, receiving, and supplier management, all aimed at optimizing the procurement process.

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Question List (79q): Question 1: What benefit does defining Supplier Business Classification ...; Question 2: Your customer tells you that the agreement document sequenci...; Question 3: Which of the following components is NOT part of the Supplie...; Question 4: What is the role of Qualifications in Oracle Fusion Cloud Pr...; Question 5: Which of the following roles is responsible for creating pro...; Question 6: What is the purpose of the 'Approved Supplier Lists' functio...; Question 7: When a purchase order is created in Oracle Fusion Cloud Proc...; Question 8: Which of the following is a business function within the Ora...; Question 9: Which of the following procurement components is responsible...; Question 10: Which feature in Oracle Fusion Cloud Procurement allows user...; Question 11: Which procurement application is used for creating and submi...; Question 12: Which sequence of steps should you follow to configure an ap...; Question 13: What is the purpose of the Contract Terms Library in Oracle ...; 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