WorksheetsSRMs Process Knowledge Test_March'22
Total questions: 20
Worksheet time: 10mins
Assume, the supplier "The Supreme Industries Ltd" is ready to participate at 11% and the desired rate of the market is 12%. Mops manager has approved the rate of 11%. What should we check before submitting a request to the MOPs for the manual award?
Market Desired Rate
Participation should be ON at discussed rate and next clear time
Count of Invoices and Pay Date
Discount Amount
A clear that takes place on a day when the buyer does not receive an award file.
Non Clear
Full AP Clear
Pending Clear
Partial AP Clear
(Inbound call)Vendor- Simbus Technologies Pvt Ltd wants to participate but AP is not uploaded. What next step should be taken?(All relevant probing related to invoices have been done)
Take the missing AP details from the supplier in an excel file. Raise SFDC Missing Ap.
Take the missing AP details from the supplier in an excel file. Send email to MOPS Manager with all the detail
Take the missing AP details from the supplier in an excel file. Raise a Missing AP case in SFDC. Send an email to MOPS Manager with the required detail, mentioning the case id.
Miracle Coro Plast Pte is asking for the invoice date then what should we communicate? Refer snapshot and answer
04-02-2022
08-02-2022
01-02-2022
We don't have the invoice date; we can help you with the invoice number,due date etc.
Next Pay Date or Estimated Deposit Date is different on the admin and NSE portal for the market Cummins(USD). Why does this happen and what should SRM do?
Both dates are incorrect. Raise a helpdesk ticket
Both dates are correct. The “Next Pay Date” in admin is the buyer’s pay date and "Next Estimated Deposit Date" on NSE is (Pay Date + Float), Don't raise a helpdesk ticket
The “Next Pay Date” on admin is correct .Raise helpdesk ticket for Next Estimated Deposit Date
What do you call the date, when the early payment would be credited to the supplier's account?
Last Pay Date
Next Pay Date
Last Play Date
Good Funds Date
Assume, Skf Engineering And Lubrication is an unregistered vendor on NSE with the market TVS Motors(INR) calls in. Is there a way to communicate the Trending and Express Accept offer directly from the SRM Home?
Yes
May Be
Don't Know
No
The supplier "Officedge India Pvt Ltd" is asking about the AP value for which he has participated for the pay date 2022-02-08? Refer snapshot and answer.
₹45,68,445.00
₹0.00.I will inform you when Ap would be uploaded
₹15,33,370.79
₹15,33,370.79+₹45,68,445.00
It is a two-way document that acknowledges delivery of goods by a supplier and their receipt by the customer?
Purchase Order
Goods Received Note
Sell Order
Bill Booking
A clear that indicates the buyer should receive an award file on that day.
Pending Clear
Non Clear
Final Clear
Partial Clear
How many invoices are excluded from early payment by the buyer? Refer snapshot and answer.
202
151
INR 9110139
0
It is a commercial document and first official offer issued by a buyer to a seller, indicating types, quantities, and agreed prices for products or services
Goods Received Note
Buy Order
Purchase Order
Assume, the vendor "Bholeshwar Engineers " called us on 18th Feb and ask how long can I participate in the current month? Which date should we inform the supplier?
Last Pay Date
Last Play Date
Last Good Funds Date
Assume, supplier "Durga Gears" for the market Escorts Limited(INR) has the last play date 24-02-2022 and supplier participates on 28-02-2022 then when the Early Payment would be initiated? Note: Market was cleared on 25-02-2022 and the next market would be cleared in March.
28-02-2022
27-02-2022
Don't Know
March
If suppliers come with a query to have access to debit notes of past transactions as lots of accounts are being migrated from Legacy supplier experience to New supplier experience. What steps will you follow to guide the supplier via the platform? Note: Supplier is on the portal.
Under Build Offer -Click on "View All Offers" then he will be able to view and download the debit notes
Under Invoice Central-Click on "View All" then he will be able to view and download the debit notes
Under Offer Activity-Click on "View All Offers" then click on the "View" option then he will be able to view and download the debit notes
Under Offer Activity-Click on the "View" option then Click on "View All Offers" then he will be able to view and download the debit notes
A market has a desired rate 10% APR, whereas, it is showing on the NSE portal as 36% APR. What the SRM should do? Note:Supplier is interested to participate.
Should wait for rate change itself
Proxy Offer and raise a helpdesk ticket asap
Ask supplier to participate in next market
Should not do anything
Which is the latest buyer live on C2FO Platform?
Ruchi Soya
TVS Motors
Rocket Kommerce
Reliance Fashion & Lifestyle
Assume, Supplier Abhinav Xpress Cargo Pvt Ltd has given the confirmation for the proxy offer. What call result will you tag?
Connected - Decision Maker
Supplier Support - General
Presented Solution/Walkthrough - DM
Supplier Support - Proxy Offer
Suppose, The supplier "Sri Venkateshwara Stone Crusser" asked to keep his participation "Always On" at APR 9.69%. What the SRM should do?
Confirmation needs to be done on call only
Proxy did and keep exclude future invoice off
Confirmation is mandatory on email and mention in master account notes in SFDC
Is there a way to invoice inclusion/exclusion directly from the SRM Home?
Yes
No
May be
