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| Section | Objectives |
|---|---|
| Purchasing | - Purchase Order Management
|
| Self Service Procurement | - Requisition Management
|
| Supplier Management | - Supplier Qualification and Registration
|
| Procurement Analytics and Reporting | - Business Intelligence and Monitoring
|
| Sourcing | - Negotiation and Supplier Selection
|
| Procurement Fundamentals | - Procurement Business Processes
|
| Procurement Contracts | - Contract Lifecycle Management
|
1. When amending a contract; which additional field is added to the contract?
A) Amendment Revision Date
B) Amendment Effective Date
C) Amendment Start Date
D) Amendment Update Date
2. Which components are contained in the contract terms library? (Choose two)
A) Clauses
B) Sections
C) CRM Attributes
D) Supplier Organization
3. Which two steps are required when creating contracts using guided authoring (wizard)?
A) Validate the contract
B) Preview any added clauses
C) Submit the contract for approval
D) Add digital signature
4. Which options do you select on the Requisition Preferences page? (Choose two)
A) Preferred carrier for transporting goods
B) Shipping and delivery preferences
C) Role
D) Favorite charge accounts for billing purposes
5. Which two tasks can be performed in Supplier Portal?
A) Create RFQ
B) Submit invoices
C) Sign contract
D) Update contract deliverables
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: A,B | Question # 3 Answer: A,C | Question # 4 Answer: B,D | Question # 5 Answer: B,D |
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