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| Section | Objectives |
|---|---|
| Topic 1: Requisitioning and Purchasing | - Requisition creation and approval flow - Purchase order creation and management |
| Topic 2: Receiving and Invoicing | - Goods receipt and inspection - Invoice matching and payment flow |
| Topic 3: Sourcing and Contracts | - Contract creation and compliance - Sourcing processes and negotiation basics |
| Topic 4: Supplier Management | - Supplier onboarding and qualification - Supplier lifecycle management |
| Topic 5: Procurement Fundamentals | - Key procurement concepts and terminology - Procurement lifecycle overview |
1. Steve has recorded an invoice with the Header amount as USD 2000 and Line amount as USD 200. Identify the hold reason that the system apply during the initial validation of this invoice.
A) Ordered Quantity
B) Distribution Variance
C) Line Variance
D) Received Quantity
2. Choose three different ways that you can create purchase order:
A) Automatic
B) Express
C) Manual
D) FBDI
E) OTBI
3. Which of the following can be tracked in the purchase order life cycle? (Choose two)
A) Trend statistics
B) Amendments
C) Receipts
D) Invoices
4. In which two places can you set the requirement for electronic signature for contracts?
A) Terms Template
B) Contract Type
C) Signature Envelope
D) Line Type
5. In Oracle Procurement Contracts what tools are available to ease the contracts process? (Choose two)
A) Contract Wizard
B) Contract Expert
C) Contract Express
D) Contract Genius
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: A,C,D | Question # 3 Answer: C,D | Question # 4 Answer: B,C | Question # 5 Answer: A,B |
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