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| Section | Objectives |
|---|---|
| Topic 1: Procurement Configuration | - Setup and Functional Setup Manager (FSM)
|
| Topic 2: Advanced Procurement Features | - AI and Analytics in Procurement
|
| Topic 3: Procurement Cloud Fundamentals | - Procure-to-Pay Process Overview
|
| Topic 4: Self Service Procurement | - Redwood UI and User Experience
|
| Topic 5: Strategic Sourcing | - Negotiations and RFQ Process
|
| Topic 6: Supplier Management | - Supplier Lifecycle
|
1. In Oracle Fusion Cloud Procurement, what is the purpose of the "Manage Negotiations" task?
A) All of the above
B) Approve supplier negotiations
C) View negotiation history
D) Create and manage negotiation templates
2. Which of the following statements accurately describes the purpose of Project Costing?
A) Project Costing allows users to create project templates for organizing project tasks and milestones.
B) Project Costing enables users to configure project-driven supply chain processes in Fusion Cloud Procurement.
C) Project Costing automates the creation of purchase orders for project- related expenses.
D) Project Costing provides functionality to manage and track project-related expenses and revenue.
3. Which of the following contract terms can be defined in Oracle Fusion Cloud Procurement?
A) All of the above
B) Pricing terms
C) Payment terms
D) Delivery terms
4. What activities are typically included in the execution phase of the application implementation lifecycle?
A) Data migration, integration, customization, and testing
B) Defining the project scope, identifying stakeholders, and setting goals and objectives
C) Tracking project milestones, managing risks, and resolving issues or conflicts
D) Completing the implementation, transitioning to the support team, and conducting a project review
5. Which of the following tasks can a supplier perform using the Supplier Portal in Oracle Fusion Cloud Procurement?
A) Update supplier profile information.
B) Create and manage requisitions.
C) Approve purchase orders.
D) Submit and manage invoices.
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: D | Question # 3 Answer: A | Question # 4 Answer: A | Question # 5 Answer: D |
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