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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Requisitioning Process | 20% | - Creating and managing purchase requisitions - Catalog management and punchout - Approval rules and workflows |
| Topic 2: Sourcing and Negotiation | 15% | - Awarding and closing negotiations - Managing supplier responses - Creating negotiation documents |
| Topic 3: Procurement Cloud Overview | 15% | - Navigating Procurement work areas - Key Procurement process flows - Understanding Procurement business units |
| Topic 4: Invoicing and Payments | 10% | - Approval and payment processing - Invoice creation and matching - Expense reconciliation basics |
| Topic 5: Purchasing and Agreements | 20% | - Blanket purchase agreements and contracts - Change management and amendments - Creating and managing purchase orders |
| Topic 6: Supplier Management | 20% | - Supplier registration and profile management - Supplier qualification and evaluation - Supplier risk and intelligence |
1. Your organization requires only the best bid value to be shared with your supplier in negotiation Identify the TWO correct configurations to achieve this.
A) Enable response rule - Display best price to suppliers
B) Set response visibility to blind
C) Enable response rule - Display all responses to suppliers
D) Set response visibility to competitive
E) Enable response rule - Display overall rank to suppliers
F) Set response visibility to sealed
2. Which of the following are key life cycle tasks for supplier agreements? (Choose two)
A) Define supplier performance criteria
B) Track agreement execution status
C) Control downstream activities
D) Define supplier payment terms
3. Which components are contained in the contract terms library? (Choose two)
A) Clauses
B) Supplier Organization
C) Sections
D) CRM Attributes
4. For contracts, which two deliverables are included in the printed sourcing documents?
A) Internal Deliverables
B) Contractual Deliverables
C) Negotiation Deliverables
D) Purchasing Deliverables
5. In Oracle Procurement Contracts what tools are available to ease the contracts process? (Choose two)
A) Contract Expert
B) Contract Genius
C) Contract Express
D) Contract Wizard
Solutions:
| Question # 1 Answer: A,B | Question # 2 Answer: B,C | Question # 3 Answer: A,C | Question # 4 Answer: B,C | Question # 5 Answer: A,D |
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