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Procurement - Oracle Module

Total questions: 10

Worksheet time: 4mins

Name
Class
Date
1.

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

a)

Close for receiving

b)

Closed

c)

Open

d)

Pending Approval

2.

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

a)

Preferred carrier for transporting goods

b)

Favorite charge accounts for billing purposes

c)

Shipping and delivery preferences

d)

Role

3.

What is the status of the Purchase Order when approved?

a)

Closed

b)

Open

c)

Approved

d)

Incomplete

4.

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

a)

Amendments

b)

Trend statistics

c)

Receipts

d)

Invoices

5.

Change order will be REJECTED when …

a)

Change Order amount is bigger than Purchase Order amount

b)

Change Order amount is smaller than Purchase Order amount

c)

Change Order quantity is bigger than Purchase Order amount

d)

Change Order quantity is smaller than Purchase Order amount

6.

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

a)

Spend Authorized

b)

Prospective

c)

Initiated

d)

Registered

7.

What is a contract purchase agreement?

a)

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

b)

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

c)

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

8.

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

a)

Identify Suppliers

b)

Analyze

c)

Award

d)

Create Purchasing Documents

9.

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

a)

TRUE

b)

FALSE

10.

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

a)

TRUE

b)

FALSE