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Updated: Aug 06, 2026
Q & A: 58 Questions and Answers
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| Section | Objectives |
|---|---|
| Procure-to-Pay Fundamentals | - Procurement lifecycle overview - Key procurement concepts and terminology |
| Receiving and Invoicing | - Invoice processing and matching (2-way / 3-way matching) - Goods and services receiving |
| Supplier and Catalog Management | - Catalog and item management - Supplier setup and management |
| Business Process and Security Framework | - Business process configuration overview - Security roles and access control |
| Integrations and System Configuration | - Basic configuration concepts - Procurement integrations with Finance and external systems |
| Requisition and Purchase Order Management | - Requisition creation and processing - Purchase order creation and lifecycle |
| Spend Management and Reporting | - Compliance and audit controls - Spend analysis and reporting tools |
1. You are creating a new purchase item. You must define a default tax applicability.
Where can you assign default tax applicability?
A) On the supplier
B) In the Edit Company Procurement Options task
C) On the purchase item
D) In the Edit Tenant Setup - Financials task
2. Which statement accurately describes requisition sourcing?
A) All lines of a requisition must be sourced from the same supplier.
B) The requisition sourcing console can be used to manage requisitions.
C) All items on a requisition must be sourced at the same time.
D) When manually sourcing a requisition, you cannot change the supplier.
3. Which field is available when completing the Edit Company Procurement Options task?
A) Enable Multi-Company on Purchase Orders
B) Default Ship-To Contact and Shipping Terms
C) Enable Company Accounting Details
D) Mass Update Ledger Period Status
4. An administrator wants to ensure that supplier invoices and invoice adjustments with attachments will display side by side when applicable.
Where will they configure this?
A) Edit Supplier Account Options
B) Edit Company Accounting Details
C) Edit Tenant Setup - Financials
D) Edit Company Procurement Options
5. An administrator wants to ensure that supplier invoices and invoice adjustments with attachments will display side by side when applicable.
Where will they configure this?
A) Edit Supplier Account Options
B) Edit Company Accounting Details
C) Edit Tenant Setup - Financials
D) Edit Company Procurement Options
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: B | Question # 3 Answer: B | Question # 4 Answer: C | Question # 5 Answer: C |
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