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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Strategic Sourcing Improvements | 25% | - Award and Approval Workflows - Two-Stage RFQ and Surrogate Bidding - Negotiation Templates and Rules |
| Topic 2: Self-Service Procurement and Catalogs | 10% | - Catalog Management and Punchout Setup - Redwood Self-Service Procurement Features |
| Topic 3: Supplier Qualification Management Enhancements | 25% | - Supplier Qualification Process Updates - Qualification Area Scope and Template Sharing - Scorecards and Sustainability Metrics |
| Topic 4: Integration and Analytics Updates | 5% | - Procurement Analytics and Reporting - Integration with AP and Inventory |
| Topic 5: Purchasing and Document Automation | 15% | - Purchase Order Configuration and Automation - Document Numbering and Routing - Multi-Currency and Tax Handling |
| Topic 6: Procurement Contracts and Compliance | 20% | - Contract Terms Library and Clauses - Contract Amendment and Versioning - Contract Validation and Compliance Rules |
Question 1
Which of the following is true about Approval Hierarchies in Oracle Fusion Cloud Procurement?
A. They define the approval routing for documents.
B. They determine the default budgetary control.
C. They cannot have multiple levels of approval.
D. They can only be assigned to Business Units.
Question 2
What is the purpose of a contract template in Oracle Procurement Cloud?
A. To create standard pricing agreements with suppliers
B. To define the structure and content of a contract document
C. To set up payment terms for supplier invoices
D. To automatically generate purchase orders
Question 3
What is a Service Center in Oracle Fusion Cloud Procurement for B2B Communication?
A. A customer support center for handling external inquiries and issues.
B. A centralized location to manage intemal procurement requests.
C. A system-generated report to analyze procurement performance.
D. A dedicated area to handle supplier registration and qualification.
Question 4
What activities are typically included in the execution phase of the application implementation lifecycle?
A. Tracking project milestones, managing risks, and resolving issues or conflicts
B. Defining the project scope, identifying stakeholders, and setting goals and objectives
C. Data migration, integration, customization, and testing
D. Completing the implementation, transitioning to the support team, and conducting a project review
Question 5
Which option represents the lowest level of access control in Oracle Fusion Cloud Procurement?
A. Security policies
B. Job roles
C. Privileges
D. Duty roles
Solutions:
| Question 1 Answer: A | Question 2 Answer: B | Question 3 Answer: A | Question 4 Answer: C | Question 5 Answer: C |
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