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| Section | Objectives |
|---|---|
| Topic 1: Procurement Cloud Fundamentals | - Procure-to-Pay Process Overview
|
| Topic 2: Strategic Sourcing | - Negotiations and RFQ Process
|
| Topic 3: Supplier Management | - Supplier Lifecycle
|
| 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
|
1. Which of the following is an advantage of using the 'Sourcing' feature in Oracle Fusion Cloud Procurement?
A) Automating the payment processing for suppliers
B) Managing the inventory levels and stock replenishment
C) Streamlining the procurement process with a centralized system
D) Tracking and monitoring supplier performance and compliance
2. Which of the following sourcing types is commonly used for procuring goods or services that are readily available in the market?
A) Request for Information (RFI)
B) Request for Quotation (RFQ)
C) Request for Proposal (RFP)
D) Reverse Auction
3. What is the purpose of defining supplier portal user roles in Oracle Fusion Cloud Procurement?
A) To assign different privileges and responsibilities to different supplier users
B) To restrict access to sensitive supplier information
C) To enable suppliers to view and update their profile information
D) All of the above
4. Which of the following is a key responsibility of a project manager during the implementation of Oracle Fusion Cloud Procurement?
A) Defining data security roles and responsibilities.
B) Managing project risks and issues.
C) Performing end-to-end testing of the system.
D) Configuring the system based on business requirements.
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) Manage Payables Document Sequence
C) Manage Document Styles
D) Configure Requisitioning Business Function
E) Configure Procurement Business Function
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: B | Question # 3 Answer: D | Question # 4 Answer: B | Question # 5 Answer: E |
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