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1. Which are the final steps in the supplier negotiation life cycle? (Choose two)
A) Identify Suppliers
B) Award
C) Create Purchasing Documents
D) Analyze
2. Which TWO statements are true about prepayment invoices?
A) Prepayments often get created with the Immediate Payment term
B) System does not show any alert for available prepayments during invoice entry
C) Prepayments cannot be unapplied
D) Prepayments must be fully paid before application
3. Identify the TWO correct pairs of activity and the required job role.
A) Category Manager - Withdraw award completion:
B) Collaboration Team - Close the negotiation before the actual close date
C) Category Manager - Compare responses for negotiation documents that are not blind or sealed.
D) Category Manager - Monitor only active negotiations
4. Which two tasks can be performed in Supplier Portal?
A) Create RFQ
B) Update contract deliverables
C) Submit invoices
D) Sign contract
5. Complete this statement: When a Charge order is pending approval it can be... (choose two)
A) Canceled
B) Voided
C) Deleted
D) Withdrawn
Solutions:
Question # 1 Answer: B,C | Question # 2 Answer: A,D | Question # 3 Answer: A,B | Question # 4 Answer: B,C | Question # 5 Answer: A,D |
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