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| Section | Objectives |
|---|---|
| Procurement Fundamentals | - Key procurement concepts and terminology - Procurement lifecycle overview |
| Receiving and Invoicing | - Invoice matching and payment flow - Goods receipt and inspection |
| Requisitioning and Purchasing | - Purchase order creation and management - Requisition creation and approval flow |
| Supplier Management | - Supplier onboarding and qualification - Supplier lifecycle management |
| Sourcing and Contracts | - Sourcing processes and negotiation basics - Contract creation and compliance |
1. Which two tasks can be performed in Supplier Portal?
A) Submit invoices
B) Update contract deliverables
C) Sign contract
D) Create RFQ
2. Which status can the qualification model have?
A) Available
B) Audited
C) Active
D) Approved
3. Where will you find sample contract terms layout templates?
A) Setup and Maintenance
B) Contract Administration
C) Terms Library tasks
D) Business Intelligence
4. When receiving items, which THREE destination types can you choose from?
A) Warehouse
B) Expense
C) Inventory
D) Accrual
5. Identify the TWO correct pairs of activity and the required job role.
A) Category Manager - Monitor only active negotiations
B) Category Manager - Compare responses for negotiation documents that are not blind or sealed.
C) Category Manager - Withdraw award completion:
D) Collaboration Team - Close the negotiation before the actual close date
Solutions:
| Question # 1 Answer: A,B | Question # 2 Answer: C | Question # 3 Answer: C | Question # 4 Answer: A,B,C | Question # 5 Answer: C,D |
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