Identify three correct statements about creating and maintaining supplier profile entities.
A.
Tax Registrations can be created and maintained only at the supplier level.
B.
Bank Accounts can be created and maintained at supplier and supplier site level.
C.
Multiple sites can NOT be created for the same address.
D.
One supplier address can be associated with one or more supplier contacts and one contact
can be associated with one or more addresses.
E.
Transaction Controls are maintained at supplier site level.
Explanation:
Supplier Profiles
On approval of a new supplier registration, Supplier Lifecycle Management application saves a
company profile for that supplier. Supplier profiles contain company information such as tax IDs,Dun and Bradstreet number, supplier addresses, contact names, descriptions of goods and
services provided by the supplier, classification details such as ownership status (for example,
minority-owned), bank account details, terms and conditions. Suppliers maintain the information
and update it as needed.
Note: Maintaining supplier profile information online can ease the administrative burden faced by
trading partners. With Supplier Lifecycle Management, suppliers can access and update their
profile online. Buyers use this information to directly modify supply base information in their
purchasing and payables system. Maintaining supply base information online results in a
significant reduction in the volume of forms and direct contact between the two organizations.
Oracle Supplier Management Implementation and Administration Guide, Implementing
Supplier Profile Management