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| Section | Objectives |
|---|---|
| Topic 1: Strategic Sourcing | - Negotiations and RFQ Process
|
| Topic 2: Procurement Configuration | - Setup and Functional Setup Manager (FSM)
|
| Topic 3: Advanced Procurement Features | - AI and Analytics in Procurement
|
| Topic 4: Supplier Management | - Supplier Lifecycle
|
| Topic 5: Self Service Procurement | - Redwood UI and User Experience
|
| Topic 6: Procurement Cloud Fundamentals | - Procure-to-Pay Process Overview
|
1. When can a supplier submit responses to an SQM Initiative?
A) Only during the designated response period.
B) Anytime after the initiative is created.
C) Only after the initiative has been approved.
D) Only if the supplier is already qualified.
2. 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.
3. Which of the following is a default role provided to supplier users in Oracle Fusion Cloud Procurement?
A) Buyer
B) Inventory Manager
C) Payables Manager
D) Order Management Analyst
4. In Oracle Fusion Cloud Procurement, what is the purpose of the self-service procurement feature?
A) To allow employees to manage their personal information.
B) To facilitate procurement activities by allowing employees to create and manage their own requisitions.
C) To enable employees to submit their expenses for reimbursement.
D) To provide employees with access to training and development resources.
5. Which procurement application is used for creating legally binding contracts?
A) Contract Management
B) Supplier Portal
C) Purchase Order
D) Requisition
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: D | Question # 3 Answer: A | Question # 4 Answer: B | Question # 5 Answer: A |
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