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Oracle 1z0-1112-2 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Sourcing and Contracts | - Sourcing processes and negotiation basics - Contract creation and compliance |
| Topic 2: Supplier Management | - Supplier onboarding and qualification - Supplier lifecycle management |
| Topic 3: Procurement Fundamentals | - Procurement lifecycle overview - Key procurement concepts and terminology |
| Topic 4: Receiving and Invoicing | - Goods receipt and inspection - Invoice matching and payment flow |
| Topic 5: Requisitioning and Purchasing | - Requisition creation and approval flow - Purchase order creation and management |
Oracle Procurement Business Process Foundations Associate Rel 2 Sample Questions:
1. In relation to contracts, which three attributes may be revised without requiring the contract to be amended?
A) Deliverables
B) Business Unit Team
C) Name
D) Payment Terms
E) Notes
2. When creating contract terms template you wish to add a clause; but the clause isn't available in the list to be selected.
What is the likely reason for this?
A) The clause has to be saved to be available in the list
B) The clause has to be in draft to be available in the list
C) The clause has to be activated to be available in the list
D) The clause has to be approved to be available in the list
3. Which of the following are key life cycle tasks for supplier agreements? (Choose two)
A) Control downstream activities
B) Track agreement execution status
C) Define supplier performance criteria
D) Define supplier payment terms
4. Identify THREE true statements about the Contract Creation process?
A) Contract needs approval before it is validated
B) Contract can be optionally signed electronically
C) Contract is automatically validated upon submission
D) Contract terms library can be used to add and delete clauses
5. What are the TWO outcomes of the Receive Invoice to Payment process?
A) Contract extension
B) Receipt creation
C) Payment against liability
D) Asset addition
Solutions:
| Question # 1 Answer: B,C,E | Question # 2 Answer: C | Question # 3 Answer: A,B | Question # 4 Answer: B,C,D | Question # 5 Answer: C,D |
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