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| Section | Weight | Objectives |
|---|---|---|
| Supplier Management | 20% | - Supplier registration and profile management - Supplier risk and intelligence - Supplier qualification and evaluation |
| Requisitioning Process | 20% | - Approval rules and workflows - Creating and managing purchase requisitions - Catalog management and punchout |
| Invoicing and Payments | 10% | - Expense reconciliation basics - Approval and payment processing - Invoice creation and matching |
| Sourcing and Negotiation | 15% | - Managing supplier responses - Awarding and closing negotiations - Creating negotiation documents |
| Purchasing and Agreements | 20% | - Blanket purchase agreements and contracts - Change management and amendments - Creating and managing purchase orders |
| Procurement Cloud Overview | 15% | - Key Procurement process flows - Understanding Procurement business units - Navigating Procurement work areas |
1. Which three are statuses of a purchase requisition?
A) Completed
B) Cancelled
C) Approved
D) Incomplete
2. When amending a contract; which additional field is added to the contract?
A) Amendment Update Date
B) Amendment Revision Date
C) Amendment Effective Date
D) Amendment Start Date
3. When receiving items, which THREE destination types can you choose from?
A) Accrual
B) Warehouse
C) Expense
D) Inventory
4. Which two steps are required when creating contracts using guided authoring (wizard)?
A) Add digital signature
B) Preview any added clauses
C) Validate the contract
D) Submit the contract for approval
5. What elements do negotiation templates include? (Choose two)
A) Savings
B) Negotiation Lines
C) Response Rules
D) Bidding
Solutions:
| Question # 1 Answer: B,C,D | Question # 2 Answer: C | Question # 3 Answer: B,C,D | Question # 4 Answer: C,D | Question # 5 Answer: B,D |
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