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| Section | Objectives |
|---|---|
| Topic 1: Supplier Management | - Supplier Qualification and Registration
|
| Topic 2: Self Service Procurement | - Requisition Management
|
| Topic 3: Procurement Fundamentals | - Procurement Business Processes
|
| Topic 4: Procurement Contracts | - Contract Lifecycle Management
|
| Topic 5: Procurement Analytics and Reporting | - Business Intelligence and Monitoring
|
| Topic 6: Sourcing | - Negotiation and Supplier Selection
|
| Topic 7: Purchasing | - Purchase Order Management
|
1. What elements do negotiation templates include? (Choose two)
A) Negotiation Lines
B) Bidding
C) Response Rules
D) Savings
2. Which of the following can be tracked in the requisition life cycle? (Choose two)
A) Amendments
B) Trend statistics
C) Invoices
D) Purchase Orders
3. Which two statements are true about supplier registration by a Supplier Self Service Administrator?
A) At least one address is required to complete supplier registration
B) DataFox Supplier Intelligence autosuggests previously validated suppliers
C) A supplier is automatically created on submitting the registration request
D) Business classification is mandatory to complete supplier registration
4. What is the outcome of the Identify Opportunity process?
A) Register supplier
B) Award business
C) Author contract
D) Create sourcing event
5. Your organization follows the integrated invoice imaging solution to scan and process supplier in-voices: Steve is a Payables clerk and his job is to regularly review the invoices created from an in-voice image that has invalid or missing dat a. In which status can these invoices be found?
A) Incomplete
B) Validated
C) Needs Revalidation
D) Not Validated
Solutions:
| Question # 1 Answer: A,B | Question # 2 Answer: C,D | Question # 3 Answer: A,C | Question # 4 Answer: D | Question # 5 Answer: D |
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