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| Section | Objectives |
|---|---|
| Procurement Foundation and Configuration | - Business unit and purchasing setup - Procurement configuration options - Enterprise structure setup for procurement |
| Procurement Operations | - Requisitions and approvals - Purchase orders and lifecycle management - Receiving and invoicing integration |
| Reporting and Analytics | - Key performance indicators (KPIs) - Procurement reporting tools |
| Supplier Management | - Supplier approvals and controls - Supplier lifecycle management - Supplier registration and qualification |
| Sourcing and Contracts | - Contract creation and management - Negotiations and sourcing events - Clause library and contract compliance |
1. In relation to Supplier Business Classification lookups, many standard lookup values are provided by the application. These application-supplied standard business classifications are displayed by default in the FBDi Supplier Business Classifications Import template.
Which three are application-supplied standard business classifications?
A) Minority Owned
B) Small Business
C) Green Business
D) Nonprofit Business
E) Hub Zone
F) ISO14001
2. You have opted in to the Display Master Item Packaging String in Shopping Flows feature but you do not always see the packaging string while reviewing items in the catalog.
Where should you select the packaging string?
A) Master item definition
B) Item catalog category
C) Master item catalog
D) Master item agreement
E) Master item contract
3. What is the difference between Prospective and Spend Authorized suppliers?
A) Prospective suppliers can participate in sourcing and qualification activities only, whereas Spend Authorized suppliers can participate in Purchase Orders and agreements only.
B) Prospective suppliers can participate in Purchase Orders only, whereas Spend Authorized suppliers can participate in both Purchase Orders and agreements.
C) Prospective suppliers can participate in sourcing and qualification activities only, whereas Spend Authorized suppliers can participate in all procure-to-pay activities.
4. When responding to a negotiation, the supplier can see their response amount and also a transformed amount in the negotiation.
What is added to the response amount to calculate the transformed amount?
A) External cost factors
B) Attribute cost factors
C) Variable cost factors
D) Internal cost factors
E) Fixed cost factors
5. You are implementing Procurement Contracts and, during user acceptance testing, a user wants to create clauses in the Fusion Cloud application similar to what were available in their legacy contract application.
What are two ways to create clauses to meet this requirement?
A) Manage Contract Standard Clauses, Templates, and Profiles from Functional Setup Manager
B) Manage Contract Standard Clauses from Functional Setup Manager
C) Import Clauses from the Contracts work area page
D) Create Clauses from the Contracts Work Area page
Solutions:
| Question # 1 Answer: B,E | Question # 2 Answer: A | Question # 3 Answer: C | Question # 4 Answer: D | Question # 5 Answer: C,D |
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