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Oracle 1z0-1112-2 Oracle Procurement Business Process Foundations Associate Rel 2 Exam Practice Test

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Total 55 questions

Oracle Procurement Business Process Foundations Associate Rel 2 Questions and Answers

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Question 1

What elements are included in the structure of a purchase order? (Choose two)

Options:

A.

Schedules

B.

Inventory

C.

Deliverables

D.

Distributions

Question 2

Identify two correct pairs of activity and the required job role

Options:

A.

Submit responses to quotations - Supplier Bidder

B.

Manage supplier contact - Supplier Administrator

C.

Create and submit change request - Supplier Customer Service Representative

D.

Approve change request - Supplier Self Service Administrator

Question 3

In relation to contracts, which three attributes may be revised without requiring the contract to be amended?

Options:

A.

Payment Terms

B.

Name

C.

Business Unit Team

D.

Notes

E.

Deliverables

Question 4

Your organization requires only the best bid value to be shared with your supplier in negotiation Identify the TWO correct configurations to achieve this.

Options:

A.

Enable response rule - Display best price to suppliers

B.

Set response visibility to blind

C.

Enable response rule - Display overall rank to suppliers

D.

Enable response rule - Display all responses to suppliers

E.

Set response visibility to competitive

F.

Set response visibility to sealed

Question 5

Which of the following can be tracked in the purchase order life cycle? (Choose two)

Options:

A.

Trend statistics

B.

Receipts

C.

Amendments

D.

Invoices

Question 6

In relation to receipt routing; how many steps are there in the Inspection Required receiving process?

Options:

A.

Three

B.

One

C.

Two

D.

Four

Question 7

In which two places can you set the requirement for electronic signature for contracts?

Options:

A.

Signature Envelope

B.

Line Type

C.

Contract Type

D.

Terms Template

Question 8

Which two pages provide risk score from DataFox Supplier Intelligence?

Options:

A.

Manage Supplier

B.

Manage Supplier Registration Request

C.

Register Supplier

D.

Create Initiative

Question 9

Which components are contained in the contract terms library? (Choose two)

Options:

A.

Sections

B.

Supplier Organization

C.

CRM Attributes

D.

Clauses

Question 10

Which options do you select on the Requisition Preferences page? (Choose two)

Options:

A.

Preferred carrier for transporting goods

B.

Favorite charge accounts for billing purposes

C.

Shipping and delivery preferences

D.

Role

Question 11

Which of the THREE statements are true about Supplier Negotiation?

Options:

A.

Internal cost factor can be used to withhold payments

B.

Qualification area can be reused as the requirement section

C.

Questions are created in the active status by default

D.

Existing contracts can be used to create terms

E.

Supplier comments can be turned off

Question 12

Which of the following are key life cycle tasks for supplier agreements? (Choose two)

Options:

A.

Track agreement execution status

B.

Define supplier payment terms

C.

Control downstream activities

D.

Define supplier performance criteria

Question 13

Which THREE can be captured on Invoice Header while recordinga invoice in the Payables application?

Options:

A.

Invoice amount

B.

Supplier details

C.

Distribution combination

D.

Integration details with other applications

E.

Invoice number

Question 14

Who approves the supplier registration request?

Options:

A.

Supplier Administrator

B.

Buyer

C.

Supplier Manager

D.

Requisitioner

Question 15

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 data. In which status can these invoices be found?

Options:

A.

Incomplete

B.

Not Validated

C.

Validated

D.

Needs Revalidation

Question 16

Which three key supplier identifiers are used to prevent supplier duplication?

Options:

A.

Supplier Id

B.

D-U-N-S Number

C.

Taxpayer Id

D.

Tax Registration Number

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Total 55 questions