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QUESTION NO: 1
For Sourcing (Supplier Evaluation), which of the following is the best practice adoption based on Annual Savings?
Please choose the correct answer.
Response:
A. Formal request for information, proposal, and quotation prices is in place to collect multiple supplier responses for both new and renegotiated buys
B. Organization has access/subscription to on-line supplier network with enabled automated customersupplier matching for new suppliers' discovery and assessment
C. Organization negotiates and manages contract terms for vendor managed inventory. Automatic replenishment, earlypay/ volume discounts for commodities
D. Follow formal multi step sourcing process which includes spend analysis, strategy development and execution
Answer: A
QUESTION NO: 2
Your customer wants to use SAP Ariba Buying to identify sources of supply for specific goods and services. The customer does NOT have SAP Ariba Strategic Sourcing.
What would you present to your customer?
Please choose the correct answer.
Note: Answers to this question are not verified by our experts, please study yourself and select the appropriate answers.
Contribute: Please send the correct answers with reference text/link on feedback@erpprep.com to get up to 50% cashback.
Response:
A. The Spot buy functionality in SAP Ariba
B. The collaborative requisition functionality in SAP Ariba
C. The sourcing functionality in SAP Ariba
D. The non-catalog requisition functionality in SAP Ariba
Answer: C
QUESTION NO: 3
Which of the following should the Customer expect from the CEE (Customer Engagement
Executive)?
Please choose the correct answer.
Response:
A. Advisor
B. Strategist
C. All of the above
D. Only b and c
E. Advocate
Answer: A
QUESTION NO: 4
What is an advantage of using an Approver Lookup table (CSV rule)?
Please choose the correct answer
Response:
A. Approver Lookup tables process faster than other rules so approvers are notified sooner.
B. Approver Lookup tables can be used to add more than one approver using a single rule.
C. Approver Lookup tables allow SAP Ariba to look up the appropriate approver by calling the ERP system or database.
D. Approver Lookup tables can be modified by an administrator without accessing the approver rules editor.
Answer: B
QUESTION NO: 5
For Contract Management, which of the following is the best practice adoption based on
Maverick Spending?
Please choose the correct answer.
Response:
A. Contract management system is integrated with eRFX/e-Auction system to pre-populate relevant information into the contract
B. Electronic repository with the ability to share contracts with other employees for collaboration, version control, searching and options to set reminders of key expiration/renewal dates
C. None of the above
D. Organization has ability to monitor supplier compliance with contract term; asnd performs regular reviews of contracts to insure terms and conditions are being met
Answer: D
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Updated: May 26, 2022