Oracle Fusion Procurement 2014 Essentials : 1z1-470

1z1-470 pass collection

Exam Code: 1z1-470

Exam Name: Oracle Fusion Procurement 2014 Essentials

Updated: Aug 02, 2026

Q & A: 70 Questions and Answers

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Oracle 1z1-470 Exam Syllabus Topics:

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

                                                    Oracle Fusion Procurement 2014 Essentials Sample Questions:

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

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


                                                    2. You have defined an attribute named"Years of Experience" in your negotiation. You have set up scores for acceptable value ranges, and would like to rate responses based on this score. On getting the responses from the participating suppliers, you observe that for a few suppliers, the score was not calculated. Identify the reason for this issue.

                                                    A) The attribute "Years of Experience" was not marked asRequired, so thesupplier did not provide any value.
                                                    B) Sourcing does not support attribute definition.
                                                    C) You already have a few suppliers definedin the system; therefore, the scoring did not take place.
                                                    D) The Negotiation type is RFI;therefore, scoring is optional.


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

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


                                                    4. 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) configuring Oracle Fusion Applications to match business needs
                                                    D) collecting data to populate the order orchestration and planning data repository


                                                    5. When creating a non catalog requisition, a requester checks the 'NEW Supplier' checkbox. By checking this checkbox, the user is _______.

                                                    A) suggesting a possible new supplier that requires further action by the Buyer and the Supplier Administrator
                                                    B) triggering an automated process to create a new supplier
                                                    C) required to execute an ESS job to initiate the supplier registration process
                                                    D) triggering an automated process to intimate a new supplier to register with the user's company


                                                    Solutions:

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

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