Oracle 1z0-470 Q&A - in .pdf

  • Exam Code: 1z0-470
  • Exam Name: Oracle Fusion Procurement 2014 Essentials
  • Updated: Aug 01, 2026
  • Q & A: 70 Questions and Answers
  • PDF Price: $59.99
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Oracle 1z0-470 Q&A - Testing Engine

  • Exam Code: 1z0-470
  • Exam Name: Oracle Fusion Procurement 2014 Essentials
  • Updated: Aug 01, 2026
  • Q & A: 70 Questions and Answers
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  • PC Test Engine Price: $59.99
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Oracle 1z0-470 Exam Syllabus Topics:

SectionObjectives
Topic 1: Oracle Fusion Procurement Overview- Procurement architecture and business flow
  • 1. Procurement lifecycle and integration
    • 2. Fusion Procurement application components
      Topic 2: Enterprise and Procurement Configuration- Initial setup and configuration
      • 1. Procurement business functions
        • 2. Enterprise structure and business units
          • 3. Document sequencing and common configurations
            Topic 3: Supplier Management- Supplier administration
            • 1. Supplier lifecycle management
              • 2. Supplier registration and qualification
                • 3. Supplier profiles and sites
                  Topic 4: Purchasing- Purchase order management
                  • 1. Blanket purchase agreements
                    • 2. Contract purchase agreements
                      • 3. Purchase order creation and approval
                        Topic 5: Catalog Management- Purchasing catalogs
                        • 1. Catalog creation and maintenance
                          • 2. Content management and classification
                            Topic 6: Sourcing- Negotiation management
                            • 1. RFQ and auction processes
                              • 2. Award and negotiation analysis
                                • 3. Supplier responses and evaluation
                                  Topic 7: Receiving and Procurement Control- Receiving operations
                                  • 1. Inspection and returns
                                    • 2. Receipt processing
                                      • 3. Procurement document lifecycle management
                                        Topic 8: Self Service Procurement- Requisition processing
                                        • 1. Shopping lists and favorites
                                          • 2. Creating and managing requisitions
                                            • 3. Approval workflows
                                              Topic 9: Security and Reporting- Administration and analytics
                                              • 1. Procurement reporting and dashboards
                                                • 2. Role-based security
                                                  • 3. Monitoring and troubleshooting

                                                    Oracle Fusion Procurement 2014 Essentials Sample Questions:

                                                    1. A new procurement BU (BU1) is set up in Fusion Procurement to support the purchasing need of a newly acquired company. You are responsible for purchasing function for this new procurement BU. But while creating a Purchase Order for the new BU, you observe that the new BU is not appearing in the BU selection list.
                                                    Identify two applicable reasons for this behavior.

                                                    A) The procurement BU (BU1) and theProcurement Agent association arenot Active.
                                                    B) You are not configured as a Procurement Agent for the BU1 procurement BU.
                                                    C) The "Manage Purchase Order" check box in the Agent Access section of the Create Procurement page is unchecked.
                                                    D) The "Manage purchase agreement" check box in the Agent Access section of the CreateProcurement page is checked.
                                                    E) The "Manage purchase agreement" check box in the Agent Access section of the Create Procurement page is unchecked.


                                                    2. Identify four actions that the Manage Requisition Approval task enables you to perform.

                                                    A) register an internal and external Supplier
                                                    B) enable or disable a participant
                                                    C) maintain user-defined attributes and use these attributes with rules
                                                    D) define rule actions by using Supervisory Hierarchy or Position Hierarchy
                                                    E) create rules by using simple or nested conditions


                                                    3. Your customer has defined some new roles for specific organizational needs. Where would you assign these additional roles?

                                                    A) Fusion Functional Setup Manager (FSM) > Manage Users task
                                                    B) Fusion Identity Manager (FIM) > Provision Roles screen
                                                    C) Fusion Human Capital Management (HCM)
                                                    D) Fusion ApplicationsPolicy Manager (APM)


                                                    4. Your customer organization is headquartered in Toronto, and has three manufacturing facilities in Mexico, Taiwan and Austria. The raw material requirements for these three manufacturing units are consolidated and procured from Mexico through the Mexico procurement division. Identify an appropriate way to model this scenario in Fusion Procurement?

                                                    A) Requisitioning BU: Mexico, Taiwan, Austria and Procurement BU: Toronto
                                                    B) Requisitioning BU: Toronto and Procurement BU: Mexico
                                                    C) Requisitioning BU: Toronto and Procurement BU: Toronto
                                                    D) Requisitioning BU: Toronto, Taiwan, Austria and Procurement BU: Mexico
                                                    E) Requisitioning BU: Mexico, Taiwan, Austria and Procurement BU: Mexico


                                                    5. During a Fusion Procurement implementation, you have been asked to provide View access to all purchasing documents to all buyers in Business Unit A.
                                                    What will you do to configure this change?

                                                    A) Modify "Configure Procurement Business Function" for procurement Business Unit A and provide access to all buyers.
                                                    B) Configure a new document style and assign it to each buyer in "Manage Procurement Agent".
                                                    C) Define all buyers as employees in procurement Business Unit A.
                                                    D) Update each buyer's access using "Manage Procurement Agent" for procurement Business Unit A.


                                                    Solutions:

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

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