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Oracle Procurement Business Process Foundations Associate Rel 2 Sample Questions:

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

A) Contract terms library can be used to add and delete clauses
B) Contract needs approval before it is validated
C) Contract is automatically validated upon submission
D) Contract can be optionally signed electronically

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

A) Punchout catalog
B) Informational catalog
C) Business Unit catalog
D) Local catalog

3. Which are the final steps in the supplier negotiation life cycle? (Choose two)

A) Create Purchasing Documents
B) Analyze
C) Identify Suppliers
D) Award

4. Which THREE attributes can be used when creating approval rules?

A) Ordered amount
B) Requisition amount
C) Retroactive price
D) Category
E) Sourcing amount

5. For contracts, which two deliverables are included in the printed sourcing documents?

A) Internal Deliverables
B) Negotiation Deliverables
C) Purchasing Deliverables
D) Contractual Deliverables

Solutions: