1z0-1112-2 Dumps (2024) Prepare Your Exam With 57 Questions [Q19-Q43]

Q19. Identify the correct sequence of steps to create spend authorized supplier using external registration:

Submit registration url – Supplier automatically created – Approve supplier – Supplier notified automatically

Share registration url – Submit registration url – Supplier autocreated – Approve Sup-plier – Supplier notified manually

Submit registration url -_ Supplier manually created – Approve Supplier – Supplier no-tified manually

Share registration url _ Submit registration url – Approve registration request – Suppli-er autocreated and notified

Q20. Identify the TWO activities performed in a negotiation by Category Manager after awarding supplier:

Complete the award

Submit award for approval

Create contract

Close the negotiation

Q21. Select three reasons why contracts should be approved.

Protects the organization

Aligns spending policies in the contract

Supports fraud

Checks contract terms and clauses

Encourages ad hoc buying

Q22. What is the outcome of the Identify Opportunity process?

Register supplier

Author contract

Award business

Create sourcing event

Q23. Which status can the qualification model have?

Audited

Active

Available

Approved

Q24. Which two statements are true about supplier registration by a Supplier Self Service Administrator?

At least one address is required to complete supplier registration

A supplier is automatically created on submitting the registration request

Business classification is mandatory to complete supplier registration

DataFox Supplier Intelligence autosuggests previously validated suppliers

Q25. Choose three different ways that you can create purchase order:

Automatic

Manual

Express

OTBI

FBDI

Q26. Identify the TWO correct pairs of activity and the required job role.

Collaboration Team – Close the negotiation before the actual close date

Category Manager – Withdraw award completion:

Category Manager – Compare responses for negotiation documents that are not blind or sealed.

Category Manager – Monitor only active negotiations

Q27. What are the TWO outcomes of the Receive Invoice to Payment process?

Contract extension

Asset addition

Receipt creation

Payment against liability

Q28. You can compare a maximum of ten items in Purchasing Requisitions.

Yes

No

Q29. Identify the THREE information provided by a Supplier in the Create Response page:

Promised Delivery Date

Target Price

Response Price

Start Price

Response Valid Until

Q30. Which are the final steps in the supplier negotiation life cycle? (Choose two)

Create Purchasing Documents

Analyze

Identify Suppliers

Award

Q31. Identify two correct pairs of activity and the required job role

Submit responses to quotations – Supplier Bidder

Manage supplier contact – Supplier Administrator

Create and submit change request – Supplier Customer Service Representative

Approve change request – Supplier Self Service Administrator

Q32. 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

Q33. Which components are contained in the contract terms library? (Choose two)

Sections

Supplier Organization

CRM Attributes

Clauses

Q34. In relation to receipt routing; how many steps are there in the Inspection Required receiving process?

Three

One

Two

Four

Q35. Which of the following can be tracked in the requisition life cycle? (Choose two)

Purchase Orders

Invoices

Trend statistics

Amendments

Q36. Which THREE attributes can be used as selection criteria when submitting payment process request?

Pay Through Date

Pay Groups

Invoice Type

Supplier Type

Payment Terms

Q37. 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

Q38. In Oracle Procurement Contracts what tools are available to ease the contracts process? (Choose two)

Contract Express

Contract Wizard

Contract Genius

Contract Expert

Q39. When amending a contract; which additional field is added to the contract?

Amendment Update Date

Amendment Revision Date

Amendment Start Date

Amendment Effective Date

Q40. Which of the following are key life cycle tasks for supplier agreements? (Choose two)

Track agreement execution status

Define supplier payment terms

Control downstream activities

Define supplier performance criteria

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