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Oracle Fusion Cloud Applications SCM Foundations Associate - Rel 1 Sample Questions (Q22-Q27):
NEW QUESTION # 22
What is the primary purpose of the Supplier Collaboration feature in Oracle Fusion Cloud Procurement?
- A. It restricts suppliers from accessing invoice details.
- B. It allows suppliers to view and respond to purchase orders in real time.
- C. It automates the creation of supplier contracts.
- D. It eliminates the need for supplier performance reviews.
Answer: B
Explanation:
The Supplier Collaboration feature (D) in Oracle Fusion Cloud Procurement, often via the Supplier Portal, allows suppliers to view and respond to purchase orders (POs) in real time, fostering efficient communication. Suppliers can access PO details (e.g., 500 units due next week), confirm acceptance, or propose adjustments instantly, reducing delays. Option A is incorrect-performance reviews remain necessary, supported by collaboration data. Option B is false-contract creation is a separate process, not automated here. Option C is wrong-suppliers can view invoices and POs, not be restricted. For example, a supplier might use this feature to confirm a PO and flag a shipment delay, enabling proactive buyer adjustments. This real-time interaction strengthens partnerships, improves visibility, and accelerates procurement cycles.
NEW QUESTION # 23
What is the function of Receipt Accounting in Oracle Fusion Cloud SCM?
- A. It ensures supplier invoices are paid on time.
- B. It validates contract terms for procurement.
- C. It records the receipt of goods and services, creating accounting entries for financial reporting.
Answer: C
Explanation:
Receipt Accounting in Oracle Fusion Cloud SCM records the receipt of goods and services, generating accounting entries for financial reporting and cost tracking. Option A (timely payments) is a downstream process, not its core function. Option C (contract validation) pertains to procurement, not receipt accounting. This ensures accurate financial records and compliance.
NEW QUESTION # 24
Which feature in Oracle Fusion Cloud SCM tracks and analyzes manufacturing costs?
- A. Supplier Qualification.
- B. Manufacturing Execution.
- C. Cost Accounting.
- D. Inventory Management.
Answer: C
Explanation:
Cost Accounting (D) in Oracle Fusion Cloud SCM tracks and analyzes manufacturing costs, including materials, labor, and overhead, to support financial reporting and decision-making. For example, it might break down a $10,000 production run into $6,000 materials, $3,000 labor, and $1,000 overhead, revealing cost drivers. Option A (Manufacturing Execution) tracks production activities but doesn't analyze costs. Option B (Supplier Qualification) assesses suppliers, not manufacturing expenses. Option C (Inventory Management) monitors stock, not cost details. Cost Accounting provides granular insights, enabling cost reduction strategies and accurate profitability analysis, essential for financial health.
NEW QUESTION # 25
What is the function of Manufacturing Execution in Oracle Fusion Cloud SCM?
- A. It focuses only on financial reporting for manufacturing expenses.
- B. It eliminates the need for supplier coordination in production planning.
- C. It tracks and manages real-time production processes on the shop floor.
Answer: C
Explanation:
Manufacturing Execution in Oracle Fusion Cloud SCM is a critical function that tracks and manages real-time production processes on the shop floor, ensuring visibility and control over activities like work order execution, material consumption, and labor tracking. It captures data as production occurs-e.g., when a worker completes an assembly step or uses raw materials-allowing managers to monitor progress, identify bottlenecks, and ensure quality. Option A is incorrect because supplier coordination remains essential for raw material supply; Manufacturing Execution does not eliminate this need but integrates with it. Option C is wrong as financial reporting is handled by Cost Accounting, not Manufacturing Execution, though the latter provides data that feeds into cost calculations. For example, if a factory produces 100 units, Manufacturing Execution records the exact time, resources, and issues (e.g., machine downtime), enabling proactive adjustments. This real-time oversight improves efficiency, reduces waste, and ensures production aligns with planned schedules.
NEW QUESTION # 26
How does embedding Oracle Method Based Practices (OMBPs) in Starter Configurations benefit Oracle Fusion Applications implementations?
- A. Provides a standard configuration that supports solution-led implementation of Oracle Fusion Applications.
- B. Allows third-party vendors to access and modify configurations.
- C. Enables fully customized setup based on individual customer requirements.
Answer: A
Explanation:
Embedding Oracle Method Based Practices (OMBPs) in Starter Configurations (C) provides a prebuilt, standard configuration that streamlines Oracle Fusion Applications implementations using a solution-led approach. These configurations incorporate best practices-e.g., predefined workflows for demand planning-reducing setup time and ensuring consistency. For instance, a company can deploy SCM modules with optimized settings out of the box, customizing only where necessary. Option A is incorrect-third-party access isn't a focus; security restricts modifications. Option B is partially true but misses the point-OMBPs standardize first, then allow customization, not the reverse. This approach accelerates deployment, lowers costs, and leverages Oracle's expertise for reliable outcomes.
NEW QUESTION # 27
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