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  • Procurement Explorer

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    Jose Arguedas
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    The document provides information about key tasks and components in Oracle's procurement software. It tests the user's knowledge with multiple choice questions about supplier registration, agreements, requisitions, purchase orders, contracts, and qualifications in Oracle Cloud and Procurement applications. Key areas covered include the various lifecycles, tools, and options available for procurement initiatives, negotiations, and managing supplier information.

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    The document provides information about key tasks and components in Oracle's procurement software. It tests the user's knowledge with multiple choice questions about supplier registration, agreements, requisitions, purchase orders, contracts, and qualifications in Oracle Cloud and Procurement applications. Key areas covered include the various lifecycles, tools, and options available for procurement initiatives, negotiations, and managing supplier information.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    Download as pdf or txt
    9K views3 pages

    Procurement Explorer

    Uploaded by

    Jose Arguedas
    The document provides information about key tasks and components in Oracle's procurement software. It tests the user's knowledge with multiple choice questions about supplier registration, agreements, requisitions, purchase orders, contracts, and qualifications in Oracle Cloud and Procurement applications. Key areas covered include the various lifecycles, tools, and options available for procurement initiatives, negotiations, and managing supplier information.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    of 3

    Procurement Explorer

    1. Which of the following are key life cycle tasks for supplier agreements? (Choose two)
     Control downstream activities
     Track agreement execution status

    2. Wich supplier portal infolet identifies any tasks that you may want to check?
     Requiring Attention infolet

    3. In Oracle Cloud where can you register suppliers? (Choose two)


     Purchasing Cloud
     Self-Service Procurement Cloud

    4. In Oracle Procurement Contracts what tools are available to ease the contracts process?
    (Choose two)
     Contract Express
     Contract Wizard

    5. Who approves the supplier registration request?


     Supplier Administrator

    6. Which are the final steps in the supplier negotiation life cycle? (Choose two)
     Award
     Create Purchasing Documents

    7. Which of the following can be tracked in the purchase order life cycle? (Choose two)
     Invoices
     Receipts

    8. Who may respond to questions in the supplier qualification life cycle? (Choose two)
     Supplier
     Internal Responder
    9. During supplier registration what are the supplier business relationship options? (Choose
    two)
     Spend Authorized
     Prospective

    10. Wich components are contained in the contract terms library? (Choose two)
     Sections
     Clauses

    11. What is a procurement initiative?


     It defines a buyer’s initiative to create and track requisitions and purchase orders.

    12. Which is a valid procurement initiative type?


     Qualification

    13. What elements do negotiation templates include? (Choose two)


     Response Rules
     Negotiation Lines

    14. Which of the following steps can you perform using Procurement Cloud Infolets? (Choose
    two)
     Change the context of the infolet either at the page level or at the view level
     Flip or expand the card to view additional details about the object featured in the
    infolet

    15. Which options do you select on the Requisition Preferences page? (Choose two)
     Shipping and delivery preferences
     Favorite charge accounts for billing purposes

    16. What does the agreement life cycle window allow you to track? (Choose two)
     Ordered Amounts
     Agreed Amounts

    17. Which of the following can be tracked in the requisition life cycle? (Choose two)
     Invoices
     Purchase Orders

    18. You can compare a máximum of ten ítems in Purchasing Requisitions.


     No

    19. What are qualification models?


     Containers for qualification areas

    20. Which status can the qualification model have?


     Active

    21. What status can negotiations have? (Choose two)


     Closed
     Award in progress

    22. What is a contract purchase agreement?


     Agreement with your supplier on specific terms and conditions without indicating the
    godos and services that you will be purchasing

    23. What are the key features of Oracle Procurement Contracts? (Choose two)
     Standardized contract process
     Managed contract renewal cycles

    24. Complete this statement: When a change order is pending approval it can be… (Choose
    two)
     Withdrawn
     Canceled

    25. What elements are included in the structure of a purchase order? (Choose two)
     Schedules
     Distributions

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