IBM Emptoris Services Procurement Sales Mastery Test v1 (M2050-655) Free Practice Test

Question 1

Which of the following is the best definition of services, from a corporate procurement perspective?

A. Any work contracted to be paid at an hourly or daily billing rate

B. Work outsourced to another company to perform

C. Work done by non-employees at a customer site

D. Any type of work performed or value created by a non-employee

Correct Answer: D

Question 2

Rogue or Maverick Spending can best be described as:

A. Orders initiated without appropriate internal approvals

B. Orders initiated without a Purchase Order

C. Orders placed for a price higher than the lowest available price

D. Orders placed with suppliers without negotiated contracts or outside the policies of procurement

Correct Answer: C

Question 3

Oracle's primary competing product for Services Procurement is called:

A. Oracle HR

B. Oracle eBusiness Suite Services Procurement

C. Oracle iServices

D. Oracle iLabor

Correct Answer: C

Question 4

Many Procurement/HR organizations have outsourced the management of their Contingent Labor program to what kind of provider?

A. Managed Service Provider (MSP)

B. Human Capital Service Provider (HCSP)

C. Manager Personnel Provider (MPP)

D. Vendor Staffing Provider (VSP)

Correct Answer: B

Question 5

A Master Supplier in the Contingent Staffing industry:

A. Holds the highest industry certification for Staffing Excellence

B. Acts as the central payment point for multiple subsidiaries of a staffing company

C. Receives all temporary staff orders first and may choose to fill the order or distribute to secondary suppliers

D. Fills all staffing requests for a client

Correct Answer: C

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