Oracle Financials Cloud: Accounts Receivable 2017 Implementation Essentials — Question 63

An organization wants to establish a supplier onboarding process with qualification and evaluation. Only qualified suppliers should be eligible to supply their goods and service.
How do you model this requirement using external supplier registration and supplier qualification management?

Answer options

• A. External Supplier registration-Prospective > Supplier Response > Promoted as spend authorized > Qualification Evaluation
• B. External Supplier registration-Prospective > Initiative > Supplier Response > Qualification Evaluation > Promoted as spend authorized
• C. External Supplier registration-Spend Authorized > Initiative > Supplier Response > Qualification Evaluation > Promoted as Prospective
• D. External Supplier registration-Spend Authorized > Supplier Response > Qualification Evaluation > Initiative

Correct answer: B

Explanation

The correct answer is B because it accurately outlines the process of registering suppliers, requiring them to respond to an initiative, undergoing qualification evaluation, and then being promoted to spend authorized status. Options A, C, and D do not follow the necessary order of qualifying suppliers before granting them authorization to spend.