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M2050-655 - IBM Emptoris Services Procurement Sales Mastery Test v1 - Dump Information
Vendor | : | IBM |
Exam Code | : | M2050-655 |
Exam Name | : | IBM Emptoris Services Procurement Sales Mastery Test v1 |
Questions and Answers | : | 45 Q & A |
Updated On | : | October 20, 2017 |
PDF Download Mirror | : | M2050-655 Brain Dump |
Get Full Version | : | Pass4sure M2050-655 Full Version |
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- Procurement initiative to ensure that 90% of all contracts are competitively awarded
- Centralize control of Management and IT Consultants to standardize services and pricing
- Improve supplier diversity by increasing usage of small and disadvantaged businesses
- Independent Audit of the contractual commitment reporting process
Answer: D
QUESTION: 36
Based
on customer case studies, using the Emptoris Services Procurement
Invoicing capability can accomplish all of the following EXCEPT:
- Eliminating pricing discrepancies and errors such as double billing
- Automatically compute local taxes on services
- Dramatically reduce invoice payment time
- Provide suppliers with real-time visibility into paid and pending invoices
Answer: A
QUESTION: 37
Contingent Workers are best defined as:
- Any worker who's arrangement differs from regular/permanent, direct wage, and salary employment
- Self-Employed individuals
- Any worker who completes a time card to compute wages
- Any worker who's job is not considered permanent
Answer: A
QUESTION: 38
Co-Employment can best be described as:
- A temporary worker who performs work for multiple clients within one pay period
- A situation where both the buyer and supplier exert some control over the same worker/group of workers, creating a shared liability for pay, unemployment, unfair treatment issues
- A situation where a retiree from an organization comes back to work as a temporary employee, collecting both a pension from the buyer and paycheck from an agency
- A temporary working for two different agencies at the same time
Answer: C
QUESTION: 39
Which of the following is NOT a source of Savings Realization using Emptor is Services Procurement?
- Automatic monitoring SLA violations and calculation penalties in outsourcing contracts
- Discount and Rebate Capture - automatically apply volume discounts
- Contractual Rate Enforcement- prevent exceeding contracted pricing
- Maverick Spend Reduction - enforcing use of preferred suppliers
Answer: B
QUESTION: 40
Which are two typical integration points for Services Procurement deployments?
- Materials Management and HR
- IT Helpdesk and Accounts receivable
- Reduced/Single Sign on and Financy/Accounts Payable (AP)
- eProcurement and IT helpdesk
Answer: C
QUESTION: 41
Which of the following is NOT true about procure-to-pay (P2P)?
- It is a business process that covers how spending requests are made all the way through to paying its suppliers
- The initial step in P2P is issuing purchase orders (POs)
- The P2P process is usually under the control of either finance or procurement
- It is sometimes standardized but often varies across the organization
Answer: C
QUESTION: 42
Which one of the following is a differentiator Emptoris Services Procurement has over ERP solutions?
- It provides business process modeling and workflow capabilities for POs
- It provides a reporting and analytics engine
- It provides sourcing capabilities to help select the correct supplier
- It is a Single Module solution where ERP typically requires 4-6 modules to provide full functionality
Answer: D
QUESTION: 43
Statement of Work (SOW) can best be defined as:
- Services Contract based on a written description of services, deliverables, or milestones
- Instructions on performing a work assignment for a temporary worker
- Document typically used when bringing in multiple temporary workers performing the same role
- Document prepared at end of temporary work assignment required for legal compliance in many jurisdictions
Answer: C
QUESTION: 44
Employment Laws, Worker Safety laws and Privacy laws are 3 examples of:
- Compliance issues for any supply chain category
- Complexities in procuring services that are typically not seen in goods procurement
- Laws that apply to employees but not temporary workers
- Laws that apply to temporary workers but not employees
Answer: B
QUESTION: 45
Within the Emptoris Suite, Services Procurement is most correctly classified as:
- A source to contract solution
- A Category Spend Management & Compliance Solution
- A Procurement Intelligence Solution
- A Program Management solution
Answer: D
IBM M2050-655 Exam (IBM Emptoris Services Procurement Sales Mastery Test v1 ) Detailed Information
M8060-655 Test Information / Examination Information
Number of questions : 45
Time allowed in minutes: 75
Required passing score : 73%
Languages : English
M8060-655 Objectives
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