Oracle 1z1-470 - Oracle Fusion Procurement 2014 Essentials

Oracle 1z1-470 Actual PDF
  • Exam Code: 1z1-470
  • Exam Name: Oracle Fusion Procurement 2014 Essentials
  • Updated: Aug 12, 2026
  • Q & A: 70 Questions and Answers
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Oracle 1z1-470 Exam Syllabus Topics:

SectionObjectives
Procurement Configuration and Integration- Setup tasks and enterprise structure alignment
- Integration with Oracle Financials and Inventory
Purchasing- Purchase order lifecycle and amendments
- Purchase orders creation and management
Self Service Procurement- Requisitions and shopping catalogs
- Approval workflows and requisition processing
Supplier Management- Supplier setup and maintenance
- Supplier qualification and profiles
Introduction to Oracle Fusion Procurement- Procurement Cloud overview and key concepts
- Business flow and procurement lifecycle
Sourcing and Agreements- Blanket purchase agreements and contracts
- RFQs and sourcing negotiations

Oracle Fusion Procurement 2014 Essentials Sample Questions:

1. Which option would the application first lookatto default the Location field in the Purchase Order Line?

A) BU assignment record of the source agreement that corresponds to the Requisitioning BU
B) Supplier site assignment record of the supplier site in the RequisitioningBU.
C) Purchase Order Header
D) "Requisitioning Business FunctionConfiguration" task of the Requisitioning BU.


2. Your customer has the following approval hierarchy:
1.Role: Employee; Document: Purchase Requisition; Approval Limit: $3500
2.Role: Manager; Document: Purchase Requisition; Approval Limit: $6700
3.Role: Senior Manager; Document:Purchase Requisition; Approval Limit: $12000
Purchase Order requisitions are set up with an approval method of Employee-Supervisor hierarchy and a Forward method of Direct. "Can Change Forward-To" is set to No. An employee has created a purchaserequisitionwith a total amount of $8200, and wants the manager to review the requisition electronically before it is approved. How can thisrequirement be fulfilled?

A) Advise the employee to print the requisition, scan it into an email, and then email it to the manager.
B) Advise the manager to have the senior manager forward the requisition back to the employee before approving.
C) Advise the employee to have the manager review the requisition via the requisition summary form before submitting the requisition for approval.
D) Advise the employee to change the Forward-To on the requisition to the manager.


3. Identify three profile options that are available in the 'Manage Purchasing Profile Options' setup and maintenance task.

A) PO_DOC_BUILDER_DEFAULT_DOC_TYPE
B) PO_AGRMT_LOADER_PURGE_DAYS
C) PO_DEFAULT_PRC_BU
D) POR_DISPLAY_CATEGORY_ITEM_COUNT
E) POR_DISPLAY_EBMEDDED_ANALYTICS


4. Identify two Business Intelligence metrics that help users to compare prices through Oracle Sourcing.

A) Realized savings
B) Projected savings
C) PO Price savings
D) Price change


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

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


Solutions:

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

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