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Last Updated: Nov 04, 2026
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| Section | Objectives |
|---|---|
| Reporting and Analytics | - Procurement reporting tools - Key performance indicators (KPIs) |
| Supplier Management | - Supplier lifecycle management - Supplier approvals and controls - Supplier registration and qualification |
| Procurement Foundation and Configuration | - Business unit and purchasing setup - Procurement configuration options - Enterprise structure setup for procurement |
| Sourcing and Contracts | - Negotiations and sourcing events - Contract creation and management - Clause library and contract compliance |
| Procurement Operations | - Requisitions and approvals - Receiving and invoicing integration - Purchase orders and lifecycle management |
When creating a negotiation, the category manager wants to send it to all supplier contacts for a supplier.
Which is the most efficient way to achieve this?
Correct Answer: C 🗳️
Explanation: Only visible for Prep4King members. You can sign-up / login (it's free).
What is the difference between Prospective and Spend Authorized suppliers?
Correct Answer: C 🗳️
Which three areas in Oracle Fusion Cloud Procurement offer strategic procurement?
Correct Answer: B,C,E 🗳️
You should regularly run reports to protect against fraud.
Which task do you use to select the attributes to be monitored for a supplier model?
Correct Answer: D 🗳️
Explanation: Only visible for Prep4King members. You can sign-up / login (it's free).
Manage Locations
Scenario:
Your organization, headquartered in Redwood City, CA, zip code 94065, is implementing Oracle Procurement Cloud.
Task 1
Create a Location for your purchasing headquarters, where:
. Location is linked to US Location Set
. Name of the location is PRCXX Location (Replace xx with 01, which is your allocated User ID.)
. Location code is PRCXXLOC (Replace XX with 01, which is your allocated User ID.)
Address line is 1000 Main St
. Location is active
Correct Answer:
See below in Explanation for each Step.
Explanation:
To create a location for your purchasing headquarters, you can follow these steps:
* Navigate to the Setup and Maintenance work area and search for the Manage Locations task.
* Click on the Go to Task icon to open the Manage Locations page.
* Click on the Create icon to create a new location.
* Enter the following information in the Create Location dialog box:
* Location Set: US Location Set
* Name: PRC01 Location
* Code: PRC01LOC
* Address Line 1: 1000 Main St
* City: Redwood City
* State: CA
* Postal Code: 94065
* Country: United States
* Check the Active check box to make the location active.
* Click on the Save and Close button to save the location.
You have successfully created a location for your purchasing headquarters. You can verify the location details by searching for it in the Manage Locations page.
OR use the following:
Following the scenario, we need to create a Location in Oracle Procurement Cloud for your purchasing headquarters in Redwood City, CA, with the following details:
* Location Set: US Location Set
* Name: PRCXX Location (Replace xx with 01)
* Code: PRCXXLOC (Replace xx with 01)
* Address: 1000 Main St, Redwood City, CA, 94065
* Status: Active
Here are the steps to create the location:
* Navigate to Manage Locations:
* Go to the Global Navigation Menu.
* Click on Workforce Structures.
* Click on Locations under My Client Groups.
* Create the Location:
* Click on the Create icon (+ icon).
* Enter the Location Information:
* Location Set: Select "US Location Set" from the dropdown list.
* Name: Enter "PRCXX Location" (replace xx with 01).
* Code: Enter "PRCXXLOC" (replace xx with 01).
* Address:
* Enter "1000 Main St" in Address Line 1.
* Enter "Redwood City" in the City field.
* Select "CA" from the State dropdown list.
* Enter "94065" in the Postal Code field.
* Status: Select "Active" from the dropdown list.
* Save the Location:
* Click on the Save button.
Verification:
* The Location "PRCXX Location" (replace xx with 01) should now be listed in the Manage Locations page.
* You can verify the details of the location by clicking on it.
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