Try Oracle : 1z0-1112-2 valid & accurate questions and answers

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Oracle 1z0-1112-2 Exam Syllabus Topics:

SectionObjectives
Procurement Fundamentals- Key procurement concepts and terminology
- Procurement lifecycle overview
Sourcing and Contracts- Contract creation and compliance
- Sourcing processes and negotiation basics
Receiving and Invoicing- Invoice matching and payment flow
- Goods receipt and inspection
Requisitioning and Purchasing- Purchase order creation and management
- Requisition creation and approval flow
Supplier Management- Supplier onboarding and qualification
- Supplier lifecycle management

Oracle Procurement Business Process Foundations Associate Rel 2 Sample Questions:

Question #1

When creating contract terms template you wish to add a clause; but the clause isn't available in the list to be selected.
What is the likely reason for this?

  • A. The clause has to be saved to be available in the list
  • B. The clause has to be activated to be available in the list
  • C. The clause has to be in draft to be available in the list
  • D. The clause has to be approved to be available in the list
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Question #2

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

  • A. Define supplier payment terms
  • B. Define supplier performance criteria
  • C. Track agreement execution status
  • D. Control downstream activities
Reveal Solution  Discussion  0

Correct Answer: C,D  🗳️

Question #3

Steve has recorded an invoice with the Header amount as USD 2000 and Line amount as USD 200. Identify the hold reason that the system apply during the initial validation of this invoice.

  • A. Distribution Variance
  • B. Received Quantity
  • C. Ordered Quantity
  • D. Line Variance
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

Question #4

Identify the correct order of organizing questions in the supplier qualification

  • A. Questions - Qualification Area - Qualification Model - Initiative
  • B. Initiative - Qualification Area - Qualification Model - Questions
  • C. Questions - Initiative - Qualification Area - Qualification Model
  • D. Qualification Area - Qualification Model - Initiative - Questions
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

Question #5

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 overall rank to suppliers
  • B. Set response visibility to competitive
  • C. Enable response rule - Display all responses to suppliers
  • D. Enable response rule - Display best price to suppliers
  • E. Set response visibility to blind
  • F. Set response visibility to sealed
Reveal Solution  Discussion  0

Correct Answer: D,E  🗳️

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