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Oracle 1z0-1112-2 Exam Syllabus Topics:

SectionObjectives
Receiving and Invoicing- Invoice matching and payment flow
- Goods receipt and inspection
Supplier Management- Supplier onboarding and qualification
- Supplier lifecycle management
Procurement Fundamentals- Key procurement concepts and terminology
- Procurement lifecycle overview
Requisitioning and Purchasing- Requisition creation and approval flow
- Purchase order creation and management
Sourcing and Contracts- Contract creation and compliance
- Sourcing processes and negotiation basics

Oracle Procurement Business Process Foundations Associate Rel 2 Sample Questions:

In Oracle Procurement Contracts what tools are available to ease the contracts process? (Choose two)

  • A. Contract Genius
  • B. Contract Express
  • C. Contract Wizard
  • D. Contract Expert
Reveal Solution  Discussion  0

Correct Answer: C,D  🗳️

What elements do negotiation templates include? (Choose two)

  • A. Savings
  • B. Negotiation Lines
  • C. Response Rules
  • D. Bidding
Reveal Solution  Discussion  0

Correct Answer: B,D  🗳️

Which THREE can be captured on Invoice Header while recording a invoice in the Payables application?

  • A. Invoice amount
  • B. Supplier details
  • C. Distribution combination
  • D. Integration details with other applications
  • E. Invoice number
Reveal Solution  Discussion  0

Correct Answer: A,B,E  🗳️

Which two statements are true about supplier registration by a Supplier Self Service Administrator?

  • A. A supplier is automatically created on submitting the registration request
  • B. DataFox Supplier Intelligence autosuggests previously validated suppliers
  • C. Business classification is mandatory to complete supplier registration
  • D. At least one address is required to complete supplier registration
Reveal Solution  Discussion  0

Correct Answer: A,D  🗳️

Which of the THREE statements are true about Supplier Negotiation?

  • A. Internal cost factor can be used to withhold payments
  • B. Qualification area can be reused as the requirement section
  • C. Supplier comments can be turned off
  • D. Questions are created in the active status by default
  • E. Existing contracts can be used to create terms
Reveal Solution  Discussion  0

Correct Answer: B,D,E  🗳️

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