Free Oracle Procurement Business Process Foundations Associate Rel 2 Exam 1Z0-1112-2 Exam Practice Test

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

• Trend statistics
• Receipts
• Amendments
• Invoices

Which status can the qualification model have?

• Audited
• Active
• Available
• Approved

Where will you find sample contract terms layout templates?

• Business Intelligence
• Setup and Maintenance
• Terms Library tasks
• Contract Administration

Which FOUR activities are part of the Supplier Registration to Supplier Performance lifecycle?

• Initiate Sourcing Event
• Management Enablement
• Register Supplier
• Optimize Supplier Portfolio
• Activate Supplier Portal
• Award Business

Which of the THREE statements are true about Supplier Negotiation?

• Internal cost factor can be used to withhold payments
• Qualification area can be reused as the requirement section
• Questions are created in the active status by default
• Existing contracts can be used to create terms
• Supplier comments can be turned off

Who approves the supplier registration request?

• Supplier Administrator
• Buyer
• Supplier Manager
• Requisitioner

Which TWO statements are true about prepayment invoices?

• Prepayments often get created with the Immediate Payment term
• Prepayments cannot be unapplied
• System does not show any alert for available prepayments during invoice entry
• Prepayments must be fully paid before application

What status can negotiations have? (Choose two)

• Award in progress
• Closed
• Invalid
• Expired

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 digital signature

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

• Create Purchasing Documents
• Analyze
• Identify Suppliers
• Award