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1. Procurement Contracts allows you to take control of your contract lifecycle, from authoring and negotiation through implementation, enforcement, evaluation, and closeout. Procurement experts can quickly author contracts that comply with corporate standards.
Which statement applies to Procurement Contracts?
A) Digital signatures must be added.
B) Approved contracts may not be amended.
C) Contract authoring may only be accessed from Procurement Contracts.
D) Contracts may be amended post approval.
2. Which seeded role must be associated with a supplier user account for the supplier to be able to respond to invited negotiations?
A) Supplier Sales Representative
B) Supplier Self Service Administrator
C) Supplier Customer Service Representative
D) Supplier Bidder
E) Supplier Contract Manager
3. uring discussions your client indicates that as they are a contract manufacturer, they need to execute supply chain activities in the context of projects.
In which offering can you opt in to a feature that enables this?
A) Project Financial Management
B) Manufacturing and Supply Chain Materials Management
C) Project Execution Management
4. To streamline negotiation communication between organization and your suppliers, you have opted into the share enterprise contracts supplier feature in supplier portal?
A) The contract is of Buy intent.
B) The contract is of sell intent.
C) The contract is in Draft status.
D) The contract is in Active status.
E) The contract is in amendment status
5. For audit compliance, you require existing supplier bank account changes made by your Supplier Administrator to be approved.
Which step must you perform to fulfill this requirement?
A) Manage Internal Supplier Registration Approvals
B) Configure Supplier Registration and Profile Change Request
C) Manage Internal Supplier Profile Change Approvals
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: D | Question # 3 Answer: B | Question # 4 Answer: A,D | Question # 5 Answer: C |
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