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| Section | Objectives |
|---|---|
| Supplier Management | - Supplier Lifecycle
|
| Self Service Procurement | - Redwood UI and User Experience
|
| Procurement Configuration | - Setup and Functional Setup Manager (FSM)
|
| Procurement Cloud Fundamentals | - Procure-to-Pay Process Overview
|
| Advanced Procurement Features | - AI and Analytics in Procurement
|
| Strategic Sourcing | - Negotiations and RFQ Process
|
1. Which phase of the application implementation lifecycle involves gathering requirements and identifying dependencies?
A) Monitoring and Control
B) Initiation
C) Execution
D) Planning
2. Which of the following procurement components is responsible for evaluating suppliers and selecting the best one to fulfill a requisition?
A) Supplier Qualification Management
B) Receiving
C) Sourcing
D) Purchasing
3. What is Purchase Document Configuration and Document Styles in Oracle Fusion Cloud Procurement?
A) Purchase Document Configuration is the process of customizing the layout and format of purchase documents such as purchase orders, requisitions, and agreements in Oracle Fusion Cloud Procurement. Document Styles, on the other hand, refer to the predefined templates that can be used to format and design the purchase documents.
B) Purchase Document Configuration is the process of defining and configuring the various accounting and financial options for purchase documents in Oracle Fusion Cloud Procurement. Document Styles, on the other hand, determine the document sequencing and numbering for purchase documents.
C) Purchase Document Configuration is the process of defining and assigning approval rules for purchase documents in Oracle Fusion Cloud Procurement. Document Styles, on the other hand, are the different types of purchasing documents that can be created.
D) Purchase Document Configuration refers to the functionality provided in Oracle Fusion Cloud Procurement for tracking and managing the status of purchase documents. Document Styles, on the other hand, are the different levels of document approval required for purchase documents.
4. What is the purpose of the 'Approved Supplier Lists' functionality in Oracle Fusion Cloud Sourcing?
A) To ensure compliance with corporate procurement policies
B) To streamline supplier onboarding and qualification processes
C) To maintain a list of trusted suppliers for procurement activities
D) All of the above
5. Which feature in Oracle Fusion Cloud Procurement allows users to configure requisitioning rules for purchasing?
A) Catalog Categories
B) Profile Options
C) Requisitioning Business Function
D) Content Maps
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: C | Question # 3 Answer: A | Question # 4 Answer: D | Question # 5 Answer: C |
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