Procurement - Oracle Module

What is the status of the Purchase Order that can be searched for receive?

• Close for receiving

• Closed

• Open

• Pending Approval

Which options do you select on the Requisition Preferences page? (Choose two)

• Preferred carrier for transporting goods

• Favorite charge accounts for billing purposes

• Shipping and delivery preferences

• Role

What is the status of the Purchase Order when approved?

• Closed

• Open

• Approved

• Incomplete

Which of the following can be tracked in the purchase order life cycle? (Choose two)

• Amendments

• Trend statistics

• Receipts

• Invoices

Change order will be REJECTED when …

• Change Order amount is bigger than Purchase Order amount

• Change Order amount is smaller than Purchase Order amount

• Change Order quantity is bigger than Purchase Order amount

• Change Order quantity is smaller than Purchase Order amount

During supplier registration what are the supplier business relationship options? (Choose two)

• Spend Authorized

• Prospective

• Initiated

• Registered

What is a contract purchase agreement?

• Agreement with your supplier on specific terms and conditions without indicating the goods and services that you will be purchasing

• Agreement when you know the details of the goods or services you plan to buy from a specific supplier in a period, but you do not yet know the detail of your delivery schedules

• Agreement when you know the details of the goods or services you plan to buy from a specific supplier in a period with detail of your delivery schedules

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

• Identify Suppliers

• Analyze

• Award

• Create Purchasing Documents

Person who receipt the purhased items must be the requester of requisition

• TRUE

• FALSE

An approved requisition can't be added to Purchase Order with status OPEN (Approved)

• TRUE

• FALSE