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| Section | Objectives |
|---|---|
| Receiving and Invoicing | - Invoice matching and payment flow - Goods receipt and inspection |
| Requisitioning and Purchasing | - Requisition creation and approval flow - Purchase order creation and management |
| Procurement Fundamentals | - Procurement lifecycle overview - Key procurement concepts and terminology |
| Sourcing and Contracts | - Contract creation and compliance - Sourcing processes and negotiation basics |
| Supplier Management | - Supplier onboarding and qualification - Supplier lifecycle management |
1. When receiving items, which THREE destination types can you choose from?
A) Accrual
B) Warehouse
C) Inventory
D) Expense
2. Identify two correct pairs of activity and the required job role
A) Submit responses to quotations - Supplier Bidder
B) Manage supplier contact - Supplier Administrator
C) Create and submit change request - Supplier Customer Service Representative
D) Approve change request - Supplier Self Service Administrator
3. What is the outcome of the Identify Opportunity process?
A) Author contract
B) Create sourcing event
C) Award business
D) Register supplier
4. Your organization requires only the best bid value to be shared with your supplier in negotiation Identify the TWO correct configurations to achieve this.
A) Enable response rule - Display all responses to suppliers
B) Set response visibility to blind
C) Set response visibility to competitive
D) Enable response rule - Display best price to suppliers
E) Enable response rule - Display overall rank to suppliers
F) Set response visibility to sealed
5. Which three are statuses of a purchase requisition?
A) Approved
B) Completed
C) Cancelled
D) Incomplete
Solutions:
| Question # 1 Answer: B,C,D | Question # 2 Answer: A,C | Question # 3 Answer: B | Question # 4 Answer: B,D | Question # 5 Answer: A,C,D |
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