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1. In the Oracle Procurement Cloud Setup Flow, which three components are within the Common Procurement Configuration set of tasks?
A) Supplier Configuration
B) Supplier Portal
C) Procurement Agents
D) Buyer Assignments
E) Payables and Procurement
2. Which of the following components is NOT part of the Supplier Qualification Management (SQM) process?
A) Qualification criteria definition
B) Qualification scoring and monitoring
C) Supplier contract negotiation
D) Evaluation of potential suppliers
3. Which feature in Oracle Fusion Cloud Procurement allows users to configure requisitioning rules for purchasing?
A) Requisitioning Business Function
B) Catalog Categories
C) Profile Options
D) Content Maps
4. What is the purpose of defining Supplier Business Classification in Oracle Fusion Cloud Procurement?
A) To assign suppliers to specific procurement categories.
B) To categorize suppliers based on their geographic location.
C) To rate suppliers based on their performance metrics.
D) To classify suppliers based on their business type or industry.
5. What is the purpose of the receiving process in procurement?
A) To create purchase orders
B) To verify the accuracy and quality of received goods or services
C) To track inventory levels
D) To select and evaluate suppliers
Solutions:
| Question # 1 Answer: A,E | Question # 2 Answer: C | Question # 3 Answer: A | Question # 4 Answer: D | Question # 5 Answer: B |
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