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NEW QUESTION 34
For Requisitioning, which of the following is the best practice adoption based on Procurement FTEs?
Please choose the correct answer.

• A. System enables online orderapprovals as well as workflow and employs an electronic approval process for shopping carts and purchase requisitions
• B. The ability to view ad approve purchase requests is available via email and mobile devices
• C. Approval levels are established based on risk; High risk/dollar requests require more stringent approvals, low risk/dollar requests require less stringent approvals
• D. Online item catalogs are used for self-services requisition

Answer: D

 

NEW QUESTION 35
For Supplier Performance Management, which of the following is the best practice adoption based on Average Annual Savings?
Please choose the correct answer.

• A. System tracks quantitative (price, delivery) and qualitative (quality, service) KPIs of supplier performance; performance isregularly communicated to supplier
• B. Suppliers performances are measured on a regular basis to review if they are meeting contract terms and to L- gain leverage in negotiation
• C. None of the above
• D. Organization has real-time visibility into supplier performance and related risks for pro-active improvements

Answer: A

 

NEW QUESTION 36
Which of the following is NOT a Contract Workspace Component?
Please choose the correct answer.

• A. Documents
• B. Team
• C. Tasks
• D. None of the above
• E. Overview

Answer: E

 

NEW QUESTION 37
Which of the following is the default receiving type for all receipts?
Please choose the correct answer.

• A. Manual – Receive by amount
• B. Manual – Receive by quantity
• C. Auto – Receive
• D. No Receipt

Answer: B

 

NEW QUESTION 38
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