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| Section | Objectives |
|---|---|
| Topic 1: Supplier Management | - Supplier Lifecycle
|
| Topic 2: Strategic Sourcing | - Negotiations and RFQ Process
|
| Topic 3: Advanced Procurement Features | - AI and Analytics in Procurement
|
| Topic 4: Procurement Configuration | - Setup and Functional Setup Manager (FSM)
|
| Topic 5: Procurement Cloud Fundamentals | - Procure-to-Pay Process Overview
|
| Topic 6: Self Service Procurement | - Redwood UI and User Experience
|
1. Which procurement application is used for creating and submitting purchase requests?
A) Contract Management
B) Supplier Portal
C) Requisition
D) Purchase Order
2. What is the purpose of the Intercompany Invoicing feature in Project-Driven Supply Chain?
A) It enables the consolidation of financial data across different projects within an organization.
B) It automates the creation and submission of purchase orders for intercompany transactions.
C) It allows for the transfer of goods or services between different legal entities within a company.
D) It provides insights into project billing and facilitates the creation of customer invoices.
3. Which of the following best describes a characteristic of a Project-Driven Supply Chain (PDSC)?
A) It does not require the use of advanced technology solutions.
B) It emphasizes short-term objectives over long-term sustainability.
C) It is primarily focused on cost reduction.
D) It requires close collaboration and coordination between project team members.
4. What is a payment term?
A) The agreement between a buyer and supplier on when and how payment will be made
B) The method by which a buyer pays a supplier for goods or services Purchased
C) The ability to pay suppliers using multiple currencies
D) The amount of time given to a supplier to deliver goods or services
5. What is the purpose of catalog categories in Oracle Fusion Cloud Procurement?
A) To assign suppliers to catalog items
B) To manage user access to catalog items
C) To organize and group catalog contents
D) To define shipping details for catalog items
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: C | Question # 3 Answer: D | Question # 4 Answer: A | Question # 5 Answer: C |
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