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Oracle Procurement Business Process Foundations Associate Rel 2 Sample Questions:

1. Identify THREE true statements about the Contract Creation process?

A) Contract can be optionally signed electronically
B) Contract needs approval before it is validated
C) Contract terms library can be used to add and delete clauses
D) Contract is automatically validated upon submission

2. What is the outcome of the Identify Opportunity process?

A) Create sourcing event
B) Award business
C) Author contract
D) Register supplier

3. Which three are statuses of a purchase requisition?

A) Incomplete
B) Completed
C) Cancelled
D) Approved

4. What status can negotiations have? (Choose two)

A) Invalid
B) Closed
C) Award in progress
D) Expired

5. Which of the following can be tracked in the requisition life cycle? (Choose two)

A) Purchase Orders
B) Invoices
C) Trend statistics
D) Amendments

Solutions: