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| Section | Objectives |
|---|---|
| Procurement Fundamentals | - Key procurement concepts and terminology - Procurement lifecycle overview |
| Supplier Management | - Supplier onboarding and qualification - Supplier lifecycle management |
| Requisitioning and Purchasing | - Purchase order creation and management - Requisition creation and approval flow |
| Receiving and Invoicing | - Goods receipt and inspection - Invoice matching and payment flow |
| Sourcing and Contracts | - Contract creation and compliance - Sourcing processes and negotiation basics |
1. Which type of catalog can provide direct link to the supplier catalog?
A) Local catalog
B) Informational catalog
C) Punchout catalog
D) Business Unit catalog
2. Which of the following can be tracked in the requisition life cycle? (Choose two)
A) Invoices
B) Amendments
C) Trend statistics
D) Purchase Orders
3. When creating 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 in draft to be available in the list
B) The clause has to be saved 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 activated to be available in the list
4. In which two places can you set the requirement for electronic signature for contracts?
A) Terms Template
B) Signature Envelope
C) Contract Type
D) Line Type
5. Which status can the qualification model have?
A) Approved
B) Active
C) Available
D) Audited
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: A,D | Question # 3 Answer: D | Question # 4 Answer: B,C | Question # 5 Answer: B |
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