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| Section | Objectives |
|---|---|
| Topic 1: Advanced Procurement Features | - AI and Analytics in Procurement
|
| Topic 2: Strategic Sourcing | - Negotiations and RFQ Process
|
| Topic 3: Procurement Configuration | - Setup and Functional Setup Manager (FSM)
|
| Topic 4: Self Service Procurement | - Redwood UI and User Experience
|
| Topic 5: Supplier Management | - Supplier Lifecycle
|
| Topic 6: Procurement Cloud Fundamentals | - Procure-to-Pay Process Overview
|
1. Which step is involved in the Self Service Procurement lifecycle for managing purchase requisitions?
A) Defining supplier registration rules.
B) Processing invoices and payments.
C) Creating purchase agreements.
D) Creating and submitting purchase requisitions.
2. Which feature in Oracle Fusion Cloud Procurement provides a structured arrangement of categories and subcategories for efficient catalog navigation?
A) Catalog -Category Hierarchies
B) Tem plates
C) Smart Forms
D) Public Shopping Lists
3. Which of the following is a key benefit of using Project Templates in Project-Driven Supply Chain?
A) It provides real-time insights into project progress and milestones.
B) It enables the creation of accurate project budgets and forecasts.
C) It facilitates the sharing and reuse of project configurations and setups.
D) It automates the creation and approval of purchase orders for project- related expenses.
4. How can the Supplier Products and Services Category Hierarchy benefit procurement operations in Oracle Fusion Cloud Procurement?
A) It facilitates effective planning and sourcing of procurement needs.
B) It enables real-time tracking of supplier performance.
C) It allows for efficient management of supplier contracts.
D) It improves supplier collaboration and communication.
5. What is the purpose of Punch Out in Oracle Fusion Cloud Procurement?
A) To punch a hole in the firewall for secure access to the procurement system
B) To track the delivery status of goods purchased from suppliers
C) To automate the purchasing process by integrating with external systems
D) To enable suppliers to access and manage their catalogs within the procurement system
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: A | Question # 3 Answer: C | Question # 4 Answer: A | Question # 5 Answer: D |
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