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| Section | Objectives |
|---|---|
| Sourcing | - Negotiation and Supplier Selection
|
| Supplier Management | - Supplier Qualification and Registration
|
| Procurement Analytics and Reporting | - Business Intelligence and Monitoring
|
| Self Service Procurement | - Requisition Management
|
| Procurement Contracts | - Contract Lifecycle Management
|
| Purchasing | - Purchase Order Management
|
| Procurement Fundamentals | - Procurement Business Processes
|
Question 1
Your organization follows the integrated invoice imaging solution to scan and process supplier in-voices: Steve is a Payables clerk and his job is to regularly review the invoices created from an in-voice image that has invalid or missing dat a. In which status can these invoices be found?
A. Incomplete
B. Validated
C. Needs Revalidation
D. Not Validated
Question 2
Which three are statuses of a purchase requisition?
A. Completed
B. Incomplete
C. Cancelled
D. Approved
Question 3
Which status can the qualification model have?
A. Audited
B. Active
C. Available
D. Approved
Question 4
Identify the TWO activities performed in a negotiation by Category Manager after awarding supplier:
A. Create contract
B. Submit award for approval
C. Complete the award
D. Close the negotiation
Question 5
Which FOUR activities are part of the Supplier Registration to Supplier Performance lifecycle?
A. Activate Supplier Portal
B. Award Business
C. Management Enablement
D. Initiate Sourcing Event
E. Optimize Supplier Portfolio
F. Register Supplier
Solutions:
| Question 1 Answer: D | Question 2 Answer: B,C,D | Question 3 Answer: B | Question 4 Answer: B,C | Question 5 Answer: A,C,E,F |
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