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| Section | Objectives |
|---|---|
| Procurement Configuration | - Setup and Functional Setup Manager (FSM)
|
| Supplier Management | - Supplier Lifecycle
|
| Strategic Sourcing | - Negotiations and RFQ Process
|
| Procurement Cloud Fundamentals | - Procure-to-Pay Process Overview
|
| Advanced Procurement Features | - AI and Analytics in Procurement
|
| Self Service Procurement | - Redwood UI and User Experience
|
1. How can users access the Contract Terms Library in Oracle Fusion Cloud Procurement?
A) By navigating to the Configure Contracts page.
B) From the Supplier Contracts menu.
C) Via the Manage Contracts Libraries task.
D) Through the Procurement Contracts work area.
2. What is the Supplier Products and Services Category Hierarchy in Oracle Fusion Cloud Procurement?
A) A method to track the availability and pricing of products and services from suppliers.
B) A classification system for organizing suppliers based on their product offerings.
C) A hierarchical structure of procurement categories for managing supplier contracts.
D) A list of all products and services available for purchase from suppliers.
3. What are the key phases of the application implementation lifecycle?
A) Planning, Training, Configuration, Customization, Go-live, Maintenance
B) Discovery, Development, Implementation, Rollout, Optimization
C) Analysis, Design, Build, Test, Deploy, Support
D) Initiation, Planning, Execution, Monitoring and Control, Closure
4. What are the key steps in the simplified Procure to Pay (P2P) flow?
A) Purchase Order Creation, Requisitioning, Supplier Selection, GoodsReceipt, Invoice Verification, Payment Processing
B) Supplier Selection, Purchase Order Creation, Goods Receipt,Requisitioning, Invoice Verification, Payment Processing
C) Requisitioning, Purchase Order Creation, Supplier Selection, GoodsReceipt, Payment Processing, Invoice Verification
D) Requisitioning, Supplier Selection, Purchase Order Creation,Goods Receipt, Invoice Verification, Payment Processing
5. In Self Service Procurement, a user is not able to search for the Inventory Item ''Play Station 4''.
Identify three configuration issues that could be causing this problem.
A) The ,,Play Station4,, Item has not been marked as a ,,Purchased,, item within the Purchasing operational attribute group.
B) The ,,Play Station4,, Item does not belong to any Purchasing Category.
C) ,,Play Station4,, is not defined as a ,,Transact able,, item in PIM.
D) The ,,Play Station4,, Item is not part of any Procurement catalog.
E) ,,Play Station4,, is defined as ,,BOM Enabled,, in PIM.
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: B | Question # 3 Answer: D | Question # 4 Answer: D | Question # 5 Answer: A,D,E |
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