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1. Which of the following are the approvable documents that are used in contract receiving?
Please choose the correct answer.
Response:
A) Both a and b
B) None of the above
C) Receipt
D) Milestone Tracker
2. For Supplier Performance Management, which of the following is the best practice adoption based on Average Annual Savings?
Please choose the correct answer.
Response:
A) Suppliers performances are measured on a regular basis to review if they are meeting contract terms and to gain leverage in negotiation
B) None of the above
C) System tracks quantitative (price, delivery) and qualitative (quality, service) KPIs of supplier performance; performance is regularly communicated to supplier
D) Organization has real-time visibility into supplier performance and related risks for pro-active improvements
3. Which of the following activities is NOT a main process of an Ariba P2O implementation?
Please choose the correct answer.
Response:
A) Invoicing
B) Requisitioning
C) Receiving
D) Ordering
4. Which of the following statements are true regarding Milestones with No-Release Order Contracts?
Please choose the correct answer.
Response:
A) Only a and b
B) They are only used for notification and bookkeeping purposes.
C) All of the above
D) The tolerance is the percent above the maximum amount that can be invoiced or received against the milestone item
E) The maximum amount is the total amount that can be invoiced or received against the milestone item
5. Manual Selection Release works only for which of the following users?
Please choose the correct answer.
Response:
A) Users who are not excluded from release of contract
B) Users with the permission to create a requisition
C) Users with the permission to directly release (Direct Release Access)
D) All of the above
E) Only b and c
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: C | Question # 3 Answer: A | Question # 4 Answer: A | Question # 5 Answer: E |
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