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| Section | Objectives |
|---|---|
| Topic 1: Procurement Configuration | - Setup and Functional Setup Manager (FSM)
|
| Topic 2: Strategic Sourcing | - Negotiations and RFQ Process
|
| Topic 3: Self Service Procurement | - Redwood UI and User Experience
|
| Topic 4: Procurement Cloud Fundamentals | - Procure-to-Pay Process Overview
|
| Topic 5: Advanced Procurement Features | - AI and Analytics in Procurement
|
| Topic 6: Supplier Management | - Supplier Lifecycle
|
Question 1
Your customer has several Procurement centers across the world. During implementation, the customer wants to implement the same payment terms policy for all the Business units. Identify the correct approach to fulfill this customer requirement in the application using Functional Setup Manager
A. Use ,Common, reference object for all Business Units
B. Define same payment terms across all Business Units
C. Define ,Payment Terms, and assign those to one reference object. Then assign that reference object to all Business Units for reference object ,Payment Terms,
D. Define Payment Terms in each business unit and assign those to different reference objects specific to those Business Units?
Question 2
What is the role of the cXML Punch Out protocol in Oracle Fusion Cloud Procurement?
A. It enables real-time inventory updates for items in supplier catalogs
B. It automates the transfer of purchase orders between buyers and suppliers
C. It enables secure communication between the procurement system and suppliers, websites
D. It validates the item codes and pricing information in supplier catalogs
Question 3
What is Self Service Procurement in Oracle Fusion Cloud Procurement?
A. A feature that automates the procurement process.
B. A feature only available to procurement administrators to manage purchase requests.
C. A feature that enables users to create purchase orders directly from suppliers, catalogs.
D. A feature that allows users to request goods and services for themselves or on behalf of others.
Question 4
What are the key benefits of using the Supplier Portal in Oracle Fusion Cloud Procurement?
A. Streamlined procurement process and reduced cycle time.
B. All of the above.
C. Enhanced visibility into supplier performance and compliance.
D. Improved supplier collaboration and communication.
Question 5
Which of the following is a key benefit of implementing a Project-Driven Supply Chain (PDSC)?
A. Reduction in the need for project planning and scheduling.
B. Improved visibility and traceability of project-related activities.
C. Decreased need for cross-functional collaboration.
D. Increased focus on individual tasks within the project.
Solutions:
| Question 1 Answer: C | Question 2 Answer: C | Question 3 Answer: D | Question 4 Answer: B | Question 5 Answer: B |
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