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Last Updated: Aug 04, 2026
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| Section | Objectives |
|---|---|
| Self Service Procurement | - Catalog management
|
| Common Procurement Configuration | - Supplier management
|
| Sourcing and Supplier Qualification | - Negotiation management
|
| Enterprise Structures and Security | - Enterprise configuration
|
| Approval Management | - Workflow and approval configuration
|
| Purchasing | - Purchasing configuration
|
| Procurement Application Overview | - Procurement concepts and components
|
| Fusion Functional Setup Manager | - Implementation lifecycle
|
1. What are the key phases of the application implementation lifecycle?
A) Analysis, Design, Build, Test, Deploy, Support
B) Discovery, Development, Implementation, Rollout, Optimization
C) Initiation, Planning, Execution, Monitoring and Control, Closure
D) Planning, Training, Configuration, Customization, Go-live, Maintenance
2. What benefit does defining Supplier Business Classification provide in Oracle Fusion Cloud Procurement?
A) Improved tracking of supplier invoices.
B) Streamlined supplier onboarding process.
C) Simplified contract negotiation with suppliers.
D) Enhanced visibility into supplier performance.
3. What is the purpose of the 'Approved Supplier Lists' functionality in Oracle Fusion Cloud Sourcing?
A) All of the above
B) To streamline supplier onboarding and qualification processes
C) To maintain a list of trusted suppliers for procurement activities
D) To ensure compliance with corporate procurement policies
4. Which of the following features is NOT available in the Supplier Portal in Oracle Fusion Cloud Procurement?
A) Requisition creation and approval.
B) Supplier self-registration and profile management.
C) Purchase order acknowledgment and confirmation.
D) Supplier scorecard and performance evaluation.
5. In Oracle Fusion Cloud Procurement, how is contract fulfillment tracked?
A) Through integration with external contract management systems
B) Through manual updates by the procurement specialist
C) Through periodic manual reconciliation with supplier invoices
D) Through automatic updates from the supplier
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: B | Question # 3 Answer: A | Question # 4 Answer: A | Question # 5 Answer: D |
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