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Oracle Procurement Business Process Foundations Associate Rel 2 Sample Questions:
1. Which THREE attributes can be used when creating approval rules?
A) Requisition amount
B) Retroactive price
C) Sourcing amount
D) Category
E) Ordered amount
2. What is the outcome of the Identify Opportunity process?
A) Award business
B) Create sourcing event
C) Author contract
D) Register supplier
3. Identify THREE true statements about the Contract Creation process?
A) Contract terms library can be used to add and delete clauses
B) Contract can be optionally signed electronically
C) Contract is automatically validated upon submission
D) Contract needs approval before it is validated
4. In Oracle Procurement Contracts what tools are available to ease the contracts process? (Choose two)
A) Contract Genius
B) Contract Express
C) Contract Wizard
D) Contract Expert
5. Which THREE attributes can be used as selection criteria when submitting payment process request?
A) Payment Terms
B) Pay Groups
C) Invoice Type
D) Pay Through Date
E) Supplier Type
Solutions:
| Question # 1 Answer: A,D,E | Question # 2 Answer: B | Question # 3 Answer: A,B,C | Question # 4 Answer: C,D | Question # 5 Answer: B,D,E |






