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| Section | Objectives |
|---|---|
| Procurement Configuration | - Setup and Functional Setup Manager (FSM)
|
| Strategic Sourcing | - Negotiations and RFQ Process
|
| Supplier Management | - Supplier Lifecycle
|
| Procurement Cloud Fundamentals | - Procure-to-Pay Process Overview
|
| Advanced Procurement Features | - AI and Analytics in Procurement
|
| Self Service Procurement | - Redwood UI and User Experience
|
1. How does Supplier Qualification Management (SQM) benefit organizations?
A) Reducing risk by ensuring qualified suppliers
B) Enhancing communication with existing suppliers
C) Automating the entire procurement process
D) Eliminating the need for supplier evaluation
2. Which of the following is a key benefit of using an RFQ in procurement?
A) Streamlining the purchasing process by automating supplier selection.
B) Enhancing collaboration and communication with suppliers.
C) Reducing the risk of purchasing from unqualified or unreliable suppliers.
D) Improving transparency and fairness in the procurement process.
3. Identify the Procurement configuration task that has cross product integration with Supply Chain Management.
A) Define Basic Catalog
B) Define Corporate Procurement Cards
C) Define Supplier Configuration
D) Define Negotiation Style
E) Manage Procurement Agents
4. Identify three seeded ruleset names under Business Process Model (BPM) tasks that have requisition approvals routed in the serial method.
A) DistributionHierarchyRules
B) DistributionConsensusRules
C) LineHierarchyRules
D) DistributionRules
E) PreApprovalLineConsensusRules
F) HeaderHierarchyRules
5. During a Oracle Procurement Cloud implementation, you are going to implement Purchasing and Self Services Procurement. Identify the configuration step that will ensure that the tasks related to the other Procurement Cloud products like Supplier Portal Cloud are not available in Functional Setup Manager (FSM) during configuration.
A) Enable ,Procurement, pillar and do not assign the tasks to the implementation consultant in FSM.
B) Enable tasks related to Supplier Model during Configure Offering
C) Enable only ,Purchasing, and ,Self Service Procurement, during Configure Offering.
D) Enable all modules during Configure Offerings and disable the tasks related to unrelatedmodules in FSM.Provisioning OfferingsThe Provisioned column on the Configure Offerings page showswhether or not an offering is provisioned. While you are not prevented from configuring offerings thathave not been provisioned, ultimately the users are not able to perform the tasks needed to enter setupdata for those offerings until appropriate enterprise applications (Java EE applications) are provisionedand their location (end point URLs) isregistered.References:https://docs.oracle.com/cloud/farel8/procurementcs_gs/FASUP/F1175419AN103FD.htm
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: C | Question # 3 Answer: B | Question # 4 Answer: D,E,F | Question # 5 Answer: C |
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