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| Section | Objectives |
|---|---|
| Procurement Cloud Fundamentals | - Procure-to-Pay Process Overview
|
| Advanced Procurement Features | - AI and Analytics in Procurement
|
| Strategic Sourcing | - Negotiations and RFQ Process
|
| Supplier Management | - Supplier Lifecycle
|
| Procurement Configuration | - Setup and Functional Setup Manager (FSM)
|
| Self Service Procurement | - Redwood UI and User Experience
|
1. Which of the following is a key benefit of using an RFQ in procurement?
A) Reducing the risk of purchasing from unqualified or unreliable suppliers.
B) Improving transparency and fairness in the procurement process.
C) Enhancing collaboration and communication with suppliers.
D) Streamlining the purchasing process by automating supplier selection.
2. Self Service Procurement uses Browsing categories to help users to search for desired items. Which statement is true?
A) Item catalog/categories are defined via Functional Setup Manager, whereas Browsing categories are defined via Procurement Content Management.
B) Both Item and Browsing categories can be imported only via ADFDi. There is no front-end Fusion UI for these.
C) Item catalog/categories are defined via Procurement Content Management, whereas Browsing categories are defined via Functional Setup Manager.
D) Both Item and Browsing categories can be imported only via the front-end Fusion UI.
3. In a Project-Driven Supply Chain (PDSC), what is the purpose of project integration management?
A) To ensure effective communication and coordination among project stakeholders.
B) To determine the optimal project execution strategy.
C) To manage potential risks and uncertainties associated with the project.
D) To prioritize project tasks based on their importance.
4. Which of the following tasks can be performed using Fusion Functional Set Up Manager?
A) Managing user roles and security profiles
B) Creating and managing purchase orders
C) Importing and exporting data using spreadsheets
D) Defining and maintaining approval rules
5. What is the advantage of using Punch Out catalogs in Oracle Fusion Cloud Procurement?
A) Improved visibility into supplier performance
B) Reduced manual effort in managing catalogs
C) Enhanced security for sensitive transactions
D) Increased control over the purchasing process
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: A | Question # 3 Answer: A | Question # 4 Answer: D | Question # 5 Answer: B |
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