Procurement Process

For contracts, which TWO deliverables are included in the printed sourcing documents. Negotiation Deliverables. Internal Deliverables. Contractual Deliverables. Purchasing Deliverables.

Which TWO pages provide supplier risk score from DataFox Supplier Intelligence. Manage Supplier Registration Request. Register Supplier. Create Initiative. Manage Supplier.

When receiving items, which THREE destination types can you choose from?. Expense. Inventory. Warehouse. Accrual.

Which TWO steps are required when creating contracts using authoring (wizard)?. Submit the contract for approval. Validate the contract. Preview any added clauses. Add a digital signature.

Which of the THREE statements are true about Supplier Negotiation?. Existing contracts can be used to create terms. Internal cost factor can be used to withhold payments. Qualification area can be reused as the requirement section. Question are created in the active status by default. Supplier comments can be turned off.

Your organization requires only the best bid value to be shared with your supplier in a negotiation. Identify the TWO correct configurations to Achieve this. Set response visibility to blind. Set response visibility to competitive. Set response visibility to sealed. Enable Response rule – Display overall rank to suppliers. Enable Response rule – Display best price to suppliers. Enable Response rule – Display all responses to suppliers.

What is the outcome of the identify opportunity process?. Register Supplier. Create Sourcing event. Award business. Author contract.

Which TWO activities are part of the requisition to Receipt Lifecycle?. Create Purchase Order. Create Contract. Receive Goods. Pay Supplier.

Which THREE attributes can be used when creating approval rules?. Ordered amount. Requisition amount. Sourcing amount. Retroactive price. Category.

Choose THREE different ways that you can create a purchase order. OTBI. Automatic. Express. Manual. FBDI.

Which THREE ate statuses of a purchase requisition?. Approved. Completed. Cancelled. Incomplete.

Which type of catalog can provide a direct link to the supplier catalog?. Local Catalog. Business unit catalog. Information catalog. Punchout catalog.

Which THREE key supplier identifiers are used to prevent supplier duplication?. Taxpayer ID. Tax Registration Number. D U N S Number. Supplier ID.

Identify the correct sequence of steps to create a spend authorized supplier using external registration. Share registration url – Submit registration url – Approve registration request - Supplier autocreated and notified. Share registration url – Submit registration url – Supplier autocreated – Approve Supplier – Supplier notified manually. Submit registration url – Supplier automatically created – Approve supplier – Supplier notified automatically. Submit registration url – Supplier manually created – Approve Supplier – Supplier notified manually.

Which two statements are true about supplier registration by a Supplier Self Service Administrator?. At least one address is required to complete supplier registration. Datafox Supplier Intelligence autosuggests previously validated suppliers. Business classification is mandatory to complete supplier registration. A supplier is automatically created on submitting the registration request.

When amending a contract, which additional field is added to the contract?. Amendment Update Date. Amendment Start Date. Amendment Effective Date. Amendment Revision Date.

In which two places can you set the requirement for electronic signature for contracts?. Line Type. Terms Template. Contract Type. Signature Envelope.

Identify the TWO correct pairs of activity and the required job role. Collaboration team – Close the negotiation before the actual close date. Category Manager – Compare responses for negotiation documents that are not blind or sealed. Category manager – Monitor only active negotiations. Category Manager – Withdraw award completion.

When creating a contract terms template you wish to add a clause, but the clause isn’t available in the list to be selected. Whats is likely reason for this?. The clause has to be saved to be available in the list. The clause has to be in draft to be available in the list. The clause has to be approved to be available in the list. The clause has to be activated to be available in the list.

Which THREE statements are true about supplier qualification?. Supplier Self service administrator can view qualification outcome in supplier portal. Supplier Qualification Manager can set specific supplier contract as responder to questions. Supplier Qualification Manager can launch a qualification area to fully assess a supplier. Supplier Self Service Administrator can respond to questions from the notifications. Supplier Qualification Manager can map questions to supplier attributes.

Identify the correct order of organizing questions in the supplier qualification. Qualification Area – Qualification Model - Initiative – Questions. Questions – Qualification Area – Qualification model – Initiative. Initiative – Qualification Area – Qualification Model - Questions. Questions – initiative – Qualification Area – Qualification model.

Identify the THREE information provides by a Supplier in the Create Response page. Target Price. Response Price. Promised Delivery Date. Start Price. Response Valid Until.

Where will you find sample contract terms layout templates?. Terms Library tasks. Business Intelligence. Contract Administration. Setup and Maintenance.

Select three reasons why contracts should be approved. Protects the organization. Checks contract terms and clauses. Supports fraud. Encourages ad hoc buying. Aligns spending policies in the contract.

Identify the THREE correct pairs of Oracle procurement business process and the related cloud module. Contract Creating to Spend Compliance - Supplier Qualification Management. Insight to Smart Sourcing – Procurement Contract. Requisition to Receipt – Self Service Procurement. Supplier Registration to Supplier Performance - Supplier Portal. Receive Invoice to Payment – Financials.

Which FOUR activities are part of the Supplier Registration to Supplier Performance lifecycle?. Award Business. Register Supplier. Optimize Supplier Portfolio. Activate Supplier Event. Management Enablement.

Identify the TWO activities performed in a negotiation by Category Manager after awarding a supplier. Submit award for approval. Close the negotiation. Complete the award. Create Contract.

Which THREE attributes can be used as selection criteria when submitting a payment process request?. Pay Trough Date. Supplier Type. Pay Groups. Invoice Type. Payment Terms.

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 will apply during the initial validation of this invoice. Ordered Quantity. Line Variance. Distribution Variance. Received Quantity.

Your organization follows the integrated invoice imagining solution to scan and process supplier invoices. Steve is a Payables clerk and his job is to regularly review the invoices created from an invoice image that has invalid or missing data. In which status can these invoices be found?. Incomplete. Validated. Needs Revalidation. Not validated.

Which TWO statements are true about prepayment invoices?. Prepayments must be fully paid before application. Prepayments often get created with the immediate payment term. System does not show any alert for available prepayments during invoice entry. Prepayments cannot be unapplied.

Which THREE can be captured on Invoice Header while recording a supplier invoice in the Payables application?. Distribution combination. Supplier details. Invoice amount. Invoice number. Integration details with other applications.

Which TWO tasks can be performed in Supplier Portal?. Create RFQ. Sign contract. Submit Invoices. Update contract deliverables.

Identify TWO correct pairs of activity and the required job role. Manage supplier contact – Supplier Administrator. Approve change request – Supplier Self Service Administrator. Create and submit change request – Supplier Customer Service Representative. Submit responses to quotations – Supplier Bidder.

What are the TWO outcomes of the Receive Invoice to Payment process?. Contract extension. Payment against liability. Asset addition. Receipt creation.

Identify THREE true statements about the Contract Creation process. Contract terms library can used to add and delete clauses. Contract is automatically validated upon submission. Contract can be optionally signed eletronical. Contract needs approval before it is validated.

Your departament needs 100 laptops on an urgent basic. The category manager has created a negociation and has decided to use automatic award recomendation. Below are the responses received from your supplier. What is the automatic recomendation made by the system?. award 50 laptops each to supplier b (price response $40 + internal cost factor $20) and supplier d (price response $45 + internal cost $10) - promised date: 15th July. award 100 laptops to supplier b (price response $40 + internal cost factor $20) - promised date: 15th July. award 100 laptops to supplier c (price response $55 + internal cost factor $5) - promised date: 1st July. award 50 laptops each to supplier c (price response $55 + internal cost factor $5) and supplier d (price response $45 + internal cost factor $10) - promised date: 1st July.

In relation to receipt routing, how many steps are there in the Inspection Required receiving process?. Two. Four. One. Three.

In relation to contracts , which three attributes may be revised without requering the contract to be amended. deliverables. business unit team. notes. name. payment terms.

Glenn systems has decided to enable the Additional Duplicate Invoice Check Feature. Which THREE additional attributes are considered for duplicate invoice check when this feature is enabled?. Invoice Date. Invoice Type. Supplier Location. Invoice Amount. Supplier Tax Registration Number.