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| Section | Objectives |
|---|---|
| Topic 1: Strategic Sourcing | - Negotiations and RFQ Process
|
| Topic 2: Supplier Management | - Supplier Lifecycle
|
| Topic 3: Procurement Cloud Fundamentals | - Procure-to-Pay Process Overview
|
| Topic 4: Procurement Configuration | - Setup and Functional Setup Manager (FSM)
|
| Topic 5: Advanced Procurement Features | - AI and Analytics in Procurement
|
| Topic 6: Self Service Procurement | - Redwood UI and User Experience
|
Question 1
Which of the following options allows requisitions to be automatically approved in Oracle Fusion Cloud Procurement?
A. Requisition Total Amount below a threshold
B. Item is classified as low-risk
C. Requester belongs to a specific department
D. Supplier is on an approved vendor list
Question 2
What is a key step in creating Business Units in Oracle Fusion Cloud Procurement?
A. Manage Invoices
B. Approve Requisitions
C. Define the Ledger
D. Administer Catalogs
Question 3
Which of the following represents a typical Punch Out flow in Oracle Fusion Cloud Procurement?
A. Buyer manually imports catalogs from suppliers into the procurement system
B. Buyer sends purchase orders to suppliers via email or fax
C. Buyer receives electronic catalogs from suppliers and uploads them to the procurement system
D. Buyer accesses supplier,s website to browse and add items to the shopping cart, which are then transferred to the procurement system for processing
Question 4
What is the Supplier Products and Services Category Hierarchy in Oracle Fusion Cloud Procurement?
A. A hierarchical structure of procurement categories for managing supplier contracts.
B. A method to track the availability and pricing of products and services from suppliers.
C. A classification system for organizing suppliers based on their product offerings.
D. A list of all products and services available for purchase from suppliers.
Question 5
Which of the following is not a common application for procurement?
A. Requisition
B. Purchase Order
C. Supplier Portal
D. Employee Self-Service
Solutions:
| Question 1 Answer: A | Question 2 Answer: C | Question 3 Answer: D | Question 4 Answer: C | Question 5 Answer: D |
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