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1. How does Supplier Qualification Management (SQM) benefit organizations?
A) Eliminating the need for supplier evaluation
B) Reducing risk by ensuring qualified suppliers
C) Automating the entire procurement process
D) Enhancing communication with existing suppliers
2. Which statement best describes job roles in Oracle Fusion Cloud Procurement?
A) Job roles determine the tasks and privileges that a user can perform.
B) Job roles restrict user access to specific functionality within Oracle Fusion Cloud Procurement.
C) Job roles provide fine-grained control over security policies.
D) Job roles define specific functional access within Oracle Fusion Cloud Procurement.
3. In Self Service Procurement, a user is not able to search for one of the inventory items. Identify three configuration issues that could be causing this problem.
A) The particular item is defined as ,BOM Enabled, in PIM.
B) The particular item does not belong to any Purchasing Category.
C) The particular item is not part of any Procurement catalog.
D) The particular item is not defined as a ,Transactable, item in PIM.
E) The particular item has not been marked as a ,Purchased, item within the Purchasing operational attribute group.
4. Which of the following features is specific to a Procurement Contract in Oracle Procurement Cloud?
A) Ability to approve supplier invoices
B) Ability to manage document approval workflow
C) Ability to create requisitions
D) Ability to manage billings
5. Your customer tells you that the agreement document sequencing should be 10-digit numbers starting with 999 (for example 9990000001, 9990000002, and so on) and the negotiation document sequencing should also be 10-digit numbers but should start with 777 (for example 7770000001, 7770000002, and so on). Identify the functional task where you will set up the required document numbering.
A) Manage Purchasing Value Sets
B) Configure Requisitioning Business Function
C) Manage Document Styles
D) Configure Procurement Business Function
E) Manage Payables Document Sequence
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: A | Question # 3 Answer: B,C,E | Question # 4 Answer: D | Question # 5 Answer: D |
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