1Z0-1112-2 - Oracle Procurement Business Process Certified Foundations Associate Rel 2 | Exams Management Information Systems

1. Which type of catalog can provide a direct link to the supplier catalog?

A. Punchout catalog

B. Business Unit catalog

C. Informational catalog

D. Local catalog

2. Which three are statuses of a purchase requisition?

Cancelled

Incomplete

Approved

Completed

3. Within the Smart Sourcing life cycle, which one of the following represents the stage where suppliers have begun

to submit their quotes online and procurement teams are now actively negotiating with those supplier responses?

A. Identify Opportunity

B. Award Business

C. initiate Sourcing Event

D. Manage Negotiations

4. Identify the THREE information provided by a Supplier in the Create Response page.

Response Valid Until

Response Price

Promised Delivery Date

Target Price

Start Price

5. Identity the TWO correct pairs of activity and the required job role.

Category Manager - Monitor only active negotiations.

Category Manager - Compare responses for negotiation documents that are not blind or sealed.

Collaboration Team - Close the negotiation before the actual close date.

Category Manager - Withdraw award completion.

6. Identify the correct sequence of steps to create a spend authorized supplier using external registration.

A. Share registration url - Submit registration url - Approve registration request - Supplier autocreated and notified

B. Submit registration ur - Supplier manually created - Approve Supplier - Supplier notified manuallySubmit

registration ur - Supplier manually created - Approve Supplier - Supplier notified manually

C. Submit registration url - Supplier automatically created - Approve supplier - Supplier notified automatically

D. Share registration url - Submit registration url - Supplier autocreated - Approve Supplier - Supplier notified

manually

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

D.U.N.S Number

Taxpayer Id

Supplier id

Tax Registration Number

8. Which two statements are true about supplier registration by a Supplier Self Service Administrator?

Business classification is mandatory to complete supplier registration.

A supplier is automatically created on submitting the registration request.

DataFox Supplier Intelligence autosuggests previously validated suppliers.

At least one address is required to complete supplier registration.

9. Identify THREE true statements about the Contract Creation process?

Contract is automatically validated upon submission.

Contract needs approval before it is validated.

Contract terms library can be used to add and delete clauses.

Contract can be optionally signed electronically.

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Which type of catalog can provide a direct link to the supplier catalog? A. Punchout catalog B. Business Unit catalog C. Informational catalog D. Local catalog
Which three are statuses of a purchase requisition? Cancelled Incomplete Approved Completed
Within the Smart Sourcing life cycle, which one of the following represents the stage where suppliers have begun to submit their quotes online and procurement teams are now actively negotiating with those supplier responses? A. Identify Opportunity B. Award Business C. initiate Sourcing Event D. Manage Negotiations
Identify the THREE information provided by a Supplier in the Create Response page. Response Valid Until Response Price Promised Delivery Date Target Price Start Price
Identity the TWO correct pairs of activity and the required job role. Category Manager - Monitor only active negotiations. Category Manager - Compare responses for negotiation documents that are not blind or sealed. Collaboration Team - Close the negotiation before the actual close date. Category Manager - Withdraw award completion.
Identify the correct sequence of steps to create a spend authorized supplier using external registration. A. Share registration url - Submit registration url - Approve registration request - Supplier autocreated and notified B. Submit registration ur - Supplier manually created - Approve Supplier - Supplier notified manuallySubmit registration ur - Supplier manually created - Approve Supplier - Supplier notified manually C. Submit registration url - Supplier automatically created - Approve supplier - Supplier notified automatically D. Share registration url - Submit registration url - Supplier autocreated - Approve Supplier - Supplier notified manually
Which three key supplier identifiers are used to prevent supplier duplication? D.U.N.S Number Taxpayer Id Supplier id Tax Registration Number
Which two statements are true about supplier registration by a Supplier Self Service Administrator? Business classification is mandatory to complete supplier registration. A supplier is automatically created on submitting the registration request. DataFox Supplier Intelligence autosuggests previously validated suppliers. At least one address is required to complete supplier registration.
Identify THREE true statements about the Contract Creation process? Contract is automatically validated upon submission. Contract needs approval before it is validated. Contract terms library can be used to add and delete clauses. Contract can be optionally signed electronically.

Which Contract Creation to Spend Compliance Life Cycle stage represents the following description? Create contracts through guided construction or by assembling preapproved standard terms and conditions A. Ensure Policy Compliance B. Terminate Contract C. Approve Contract D. Author Contracts
Which two pages provide supplier risk score from DataFox Supplier Intelligence? Create Initiative Register Supplier Manage Supplier Manage Supplier Registration Request
When receiving items, which THREE destination types can you choose from? Warehouse Accrual Inventory Expense
When receiving items against a purchase order, which two destination types can you choose on a receipt? Expense Liability Inventory Accrual
Glenn Systems has decided to enable the Additional Duplicate Invoice Check feature. Which three additional attributes are considered for duplicate invoice check when this feature is enabled? Invoice Date Supplier Tax Registration Number Supplier Location Invoice Type Invoice Amount
Which THREE can be captured on Invoice Header while recording a supplier invoice in the Payables application? Supplier details Integration details with other applications Distribution combination Invoice amount Invoice number
Your organization follows the integrated invoice imaging solution to scan and process supplier invoices. Steve is a Payables clerk and his job is to regularly review the invoices created from an invoice image that has invalid or missing data. In which status can these invoices be found? A. Not Validated B. Needs Revalidation C. Validated D. Incomplete
Which two statements are true about prepayment invoices? Prepayments often get created with the Immediate Payment term. Prepayments cannot be unapplied. Prepayments must be fully paid before application. System does not show any alert for available prepayments during invoice entry.
Which three attributes can be used as selection criteria when submitting a payment process request? Pay Groups Pay Through Date Payment Terms Invoice Type Supplier Type

In which two places can you set the requirement for electronic signature for contracts? Line Type Terms Template Signature Envelope Contract Type
When amending a contract, which additional field is added to the contract? Amendment Revision Date Amendment Update Date Amendment Start Date Amendment Effective Date
Which two tasks can be performed in Supplier Portal? Sign contract Submit invoices Update contract deliverables Create RFQ
Identify two correct pairs of activity and the required job role. Create and submit change request - Supplier Customer Service Representative Manage supplier contact - Supplier Administrator Approve change request - Supplier Self Service Administrator Submit responses to quotations - Supplier Bidder
Which TWO activities are part of the Requisition to Receipt lifecyle? Create Contract Receive Goods Create Purchase Order Pay Supplier
Identify TWO activities performed in a negotiation by Category Manager after awarding a supplier? Complete the award Close the negotiation Create contract Submit award for approval
Your department needs to purchase 100 laptops immediately. You have created a negotiation utilizing the automatic award recommendation. Based on urgency and the requirement for a single purchase order, how will the system award the automatic recommendation between suppliers A, B, C, and D? A. It will award 50 laptops each to suppliers B and D. B. It will award 100 laptops to supplier B. C. It will award 50 laptops each to suppliers C and D. D. It will award 25 laptops each to suppliers A, B, C, and D.
Which two steps are required when creating contracts using guided authoring (wizard)? Validate the contract Submit the contract for approval Preview any added clauses Add a digital signature
When creating a contract terms template you wish to add a clause, but the clause isn't available in the list to be selected. What is the likely reason for this? A. The clause has to be activated to be available in the list. B. The clause has to be in draft to be available in the list. C. The clause has to be approved to be available in the list. D. The clause has to be saved to be available in the list.

Which statement is true about a Supplier Negotiation? A. The internal cost factor can be used to withhold payments. B. Questions are created in the active status by default. C. Negotiations can be shared with suppliers before publishing. D. The Qualification area can be reused as the requirement section
During negotiations, your organization wants to reveal only the best bid to the suppliers. Which two configurations can achieve this? Enable response rule - Display best price to suppliers. Set response visibility to blind. Enable response rule - Display all responses to suppliers. Enable response rule - Display overall rank to suppliers.
Select three reasons why contracts should be approved. Encourages ad hoc buying Aligns spending policies in the contract Protects the organization Supports fraud Checks contract terms and clauses
Which FOUR activities are part of the Supplier Registration to Supplier Performance lifecycle? Optimize Supplier Portfolio Activate Supplier Portal Award Business Register Supplier Manage Enablement Initiate Sourcing Event 41.Where will you find sample contract terms layout templates? A. Business Intelligence B. Setup and Maintenance C. Contract Administration D. Terms Library tasks 42.In relation to receipt routing, how many steps are there in the Inspection Required receiving process? A. Two B. One C. Three D. Four
Which three statements are true about supplier qualification? Supplier Self service administrator can view qualification outcome in supplier portal. Supplier Self Service Administrator can respond to questions from the notifications. Supplier Qualification Manager can set specific supplier contract as responder to questions. Supplier Qualification Manager can map questions to supplier attributes. Supplier Qualification Manager can launch a qualification area to fullv assess a supplier.
Our department needs 100 laptops on an urgent basic. The category manager has created a negociation and has decided to use automatic award recomendation. Below are the responses received from your supplier. What is the automatic recomendation made by the system? award 50 laptops each to supplier c (price response $55 + internal cost factor $5) and supplier d (price response $

internal cost factor $10) - promised date: 1st July award 100 laptops to supplier c (price response $55 + internal cost factor $5) - promised date: 1st July award 50 laptops each to supplier b (price response $40 + internal cost factor $20) and supplier d (price response $45 + internal cost $10) - promised date: 15th July award 100 laptops to supplier b (price response $40 + internal cost factor $20) - promised date: 15th July

1Z0-1112-2 - Oracle Procurement Business Process Certified Foundations Associate Rel 2, Exams of Management Information Systems

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