Oracle Fusion Procurement 2014 Essentials : 1z0-470 valid dumps

1z0-470 real exams

Exam Code: 1z0-470

Exam Name: Oracle Fusion Procurement 2014 Essentials

Updated: Jul 24, 2026

Q & A: 70 Questions and Answers

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Oracle 1z0-470 Exam Syllabus Topics:

SectionObjectives
Self Service Procurement- Requisition processing
  • 1. Creating and managing requisitions
    • 2. Approval workflows
      • 3. Shopping lists and favorites
        Sourcing- Negotiation management
        • 1. RFQ and auction processes
          • 2. Award and negotiation analysis
            • 3. Supplier responses and evaluation
              Purchasing- Purchase order management
              • 1. Blanket purchase agreements
                • 2. Purchase order creation and approval
                  • 3. Contract purchase agreements
                    Oracle Fusion Procurement Overview- Procurement architecture and business flow
                    • 1. Fusion Procurement application components
                      • 2. Procurement lifecycle and integration
                        Security and Reporting- Administration and analytics
                        • 1. Role-based security
                          • 2. Monitoring and troubleshooting
                            • 3. Procurement reporting and dashboards
                              Supplier Management- Supplier administration
                              • 1. Supplier lifecycle management
                                • 2. Supplier profiles and sites
                                  • 3. Supplier registration and qualification
                                    Enterprise and Procurement Configuration- Initial setup and configuration
                                    • 1. Document sequencing and common configurations
                                      • 2. Enterprise structure and business units
                                        • 3. Procurement business functions
                                          Catalog Management- Purchasing catalogs
                                          • 1. Catalog creation and maintenance
                                            • 2. Content management and classification
                                              Receiving and Procurement Control- Receiving operations
                                              • 1. Receipt processing
                                                • 2. Inspection and returns
                                                  • 3. Procurement document lifecycle management

                                                    Oracle Fusion Procurement 2014 Essentials Sample Questions:

                                                    1. At your client location, the marketing manager wants to run reports and analytics based on procurement subject areas, but he should not be able to view purchase orders. Which procurement role should you assign to him?

                                                    A) Procurement Agent
                                                    B) Purchasing Manager
                                                    C) Purchase Analysis
                                                    D) Finance Manager


                                                    2. Identify two tasks that can be performed in the Functional Setup Manager by a customer when configuring setup data.

                                                    A) importing and exporting data between instances
                                                    B) collecting data to populate the order orchestration and planning data repository
                                                    C) setting up and maintaining data by means of the Manage Admin menu
                                                    D) configuring Oracle Fusion Applications to match business needs


                                                    3. Identify three application standard lookups that are available in the Setup and Maintenance task list "Define Supplier Configuration".

                                                    A) Tax Organization Type Lookup
                                                    B) Manage Freight Terms Lookup
                                                    C) Minority Group Lookup
                                                    D) Manage FOB Lookup
                                                    E) Manage Requirement Section Lookup
                                                    F) Business Classification Lookup


                                                    4. A supplier has one corporate site location and three other site locations from where they supply goods to your client locations. Each site must have its own contract for negotiating and they must be restricted from viewing each other's negotiations.
                                                    How would you configure this?

                                                    A) by restricting supplier contract access to a specific supplier site
                                                    B) by giving the Procurement Agent role to the supplier contract
                                                    C) by restricting supplier contract access to Supplier Level
                                                    D) by giving the Supplier Administrator role to the supplier contract


                                                    5. Identify the Procurement configuration task that has cross product integration with Supply Chain Management.

                                                    A) Define Corporate Procurement Cards
                                                    B) Manage Procurement Agents
                                                    C) Define Supplier Configuration
                                                    D) Define Basic Catalog
                                                    E) Define Negotiation Style


                                                    Solutions:

                                                    Question # 1
                                                    Answer: B
                                                    Question # 2
                                                    Answer: A,D
                                                    Question # 3
                                                    Answer: A,C,F
                                                    Question # 4
                                                    Answer: B
                                                    Question # 5
                                                    Answer: A

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