P2P FAQ

1.       In which table is Purchase order number stored?

Ans: po_headers_all 

2.      How many types of purchasing matching option are there?

Ans: 3

3.      Types of purchasing matching options?

Ans: 2 way, 3 way, 4 way

4.      4. How many types of purchase orders are present in Oracle?

Ans: 4    

5.      5. The purchase order which consists of Supplier, Item and Cost but doesn’t know the delivery schedules

Ans: Blanket purchase Agreement

6.      Which purchase order is a long-term agreement committing to buy items or services from a single source having tentative delivery schedules and all details for goods or services that you want to buy, including charge account, quantities, and estimated cost.

Ans: Planned purchase order

7.       How many types of Approval Hierarchies are used in purchasing?

Ans: 2      

8.      What are the types of Approval Hierarchies used in purchasing?

Ans:  Employee-Supervisor Hierarchy and Position Hierarchy

9.      Purchasing performs matching to verify that purchase order and invoice information  Match within tolerance this is called as

Ans:  2 way      

10.  Purchasing performs matching to verify the purchase order, receipt, and invoice information match within tolerance this is called as

Ans: 3 way      

11.  Purchasing performs matching to verify the purchase order, receipt, inspection, and invoice information match within tolerance this is called as  

Ans: 4 way      

12.  A statement of the price, terms, and conditions of sale a supplier offers you for and item or items is called as  

Ans:  Quotation     

13.  A document you use to solicit supplier quotations for goods or services you need is called as

Ans:  Request for quotation (RFQ)