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| Section | Objectives |
|---|---|
| Topic 1: Purchasing | - Purchase Order Management
|
| Topic 2: Procurement Contracts | - Contract Lifecycle Management
|
| Topic 3: Supplier Management | - Supplier Qualification and Registration
|
| Topic 4: Sourcing | - Negotiation and Supplier Selection
|
| Topic 5: Procurement Analytics and Reporting | - Business Intelligence and Monitoring
|
| Topic 6: Procurement Fundamentals | - Procurement Business Processes
|
| Topic 7: Self Service Procurement | - Requisition Management
|
1. For contracts, which two deliverables are included in the printed sourcing documents?
A) Purchasing Deliverables
B) Negotiation Deliverables
C) Contractual Deliverables
D) Internal Deliverables
2. What is the outcome of the Identify Opportunity process?
A) Register supplier
B) Award business
C) Author contract
D) Create sourcing event
3. Steve has recorded an invoice with the Header amount as USD 2000 and Line amount as USD 200. Identify the hold reason that the system apply during the initial validation of this invoice.
A) Received Quantity
B) Distribution Variance
C) Ordered Quantity
D) Line Variance
4. What elements do negotiation templates include? (Choose two)
A) Response Rules
B) Savings
C) Bidding
D) Negotiation Lines
5. When amending a contract; which additional field is added to the contract?
A) Amendment Effective Date
B) Amendment Update Date
C) Amendment Revision Date
D) Amendment Start Date
Solutions:
| Question # 1 Answer: B,C | Question # 2 Answer: D | Question # 3 Answer: D | Question # 4 Answer: C,D | Question # 5 Answer: A |
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