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1. How can a customer run reports that identify the business units assigned to each sourcing project?
There are 2 correct answers to this question.
Response:
A) Create a custom header field and make this field reportable.
B) Add a new question to the full sourcing project template.
C) Use one of the existing header fields, such as Departments.
D) Use the Ship To data for the creator of the sourcing project.
2. Which steps are required to set up a total cost term?
There are 3 correct answers to this question.
Response:
A) Set the answer type and acceptable value for all non-numeric terms.
B) Add each term to the event template.
C) Access the Sourcing Library for a list of approved terms.
D) Create a line item within the event.
E) Designate if the term is an adder, subtracter, multiplier, or percentage discount.
3. When do auctions have a high likelihood of success?
There are 2 correct answers to this question.
Response:
A) Raw material prices for the suppliers are rising.
B) There is wide variation in product standards.
C) The supply base is competitive.
D) The business is commercially attractive.
4. What are some of the benefits of requiring pre-bids during the preview period of an auction?
Note: There are 3 correct answers to this question.
Response:
A) Suppliers can see their rank before the auction opens.
B) Suppliers can review the number of suppliers participating in the auction.
C) Suppliers can be restricted from participating in an auction until they submit a starting price.
D) Suppliers can verify if they can supply the items as designed.
E) Suppliers can verify if they can supply the items at or below the starting price.
5. What does Shared Services build in a standard deployment?
There are 3 correct answers to this question.
Response:
A) 1 analytical report
B) 1 sourcing request template
C) 3 custom dashboard templates
D) Up to 5 custom header fields
E) Up to 50 tasks/phases in the process
Solutions:
| Question # 1 Answer: A,C | Question # 2 Answer: A,B,C | Question # 3 Answer: A,D | Question # 4 Answer: C,D,E | Question # 5 Answer: A,B,C |
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