Oracle Fusion Procurement 2014 Essentials : 1z0-470

  • Exam Code: 1z0-470
  • Exam Name: Oracle Fusion Procurement 2014 Essentials
  • Updated: Jul 25, 2026
  • Q & A: 70 Questions and Answers

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Oracle 1z0-470 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Supplier Management15%- Supplier Profile Configuration
  • 1. Supplier Portal Access
    • 2. Supplier Registration
      • 3. Supplier Qualification
        Topic 2: Procurement Configurations20%- Define Procurement Configuration
        • 1. Procurement Agents
          • 2. Common Procurement Options
            • 3. Procurement Business Units
              Topic 3: Purchasing22%- Purchase Order Setup
              • 1. Document Styles and Numbering
                • 2. Approval Rules
                  • 3. Agreements and Contracts
                    Topic 4: Self Service Procurement22%- Requisitioning Setup
                    • 1. Punchout Catalogs
                      • 2. Configure Requisitioning Functions
                        • 3. Catalog Management
                          Topic 5: Receiving and Inspection10%- Receiving Configuration
                          • 1. Blind Receiving
                            • 2. Inspection Setup
                              • 3. Receiving Options
                                Topic 6: Procurement Analytics and Integration11%- OTBI and Reporting
                                • 1. Integration with Payables and SCM
                                  • 2. Procurement KPIs

                                    Oracle Fusion Procurement 2014 Essentials Sample Questions:

                                    1. Your customer frequently orders a specific item from a selected list of suppliers. Some of the suppliers provide the item at a negotiated price, whereas other suppliers change the price throughout the year. Howwould you set up this item in Fusion Procurement to address both the requirements?

                                    A) Create a Planned Purchase Order for the fixed price supplier and do not create any kind of agreement for the varied price supplier.
                                    B) Create a Blanket Purchase Agreement for the negotiated price supplier and a Contract Purchase Agreement for the varied price supplier.
                                    C) Create a Contract Purchase Agreement for the varied price supplier and do not create any kind of agreement for the fixed price supplier.
                                    D) Create a Contract Purchase Agreement for the fixed price supplier and a Blanket Purchase Agreement for the varied price supplier.


                                    2. Identify two profile options that are required to configure Punchout Catalogs in Self Service Procurement.

                                    A) POR_PROXY_SERVER_NAME
                                    B) POR_DISPLAY_EMBEDDED_ANALYTICS
                                    C) PO_DOC_BUILDER_DEFAULT_DOC_TYPE
                                    D) POR_PROXY_SERVER_PORT
                                    E) PO_DEFAULT_PRC_BU


                                    3. Identify three profile options that are used to configure Self Service Procurement.

                                    A) POR_SEARCH_RESULTS_SKIN
                                    B) POR_DISPLAY_CATEGORY_ITEM_COUNT
                                    C) PO_PRC_AGENT_CATEGORY_ASSIGNMENT
                                    D) PO_DOC_BUILDER_DEFAULT_DOC_TYPE
                                    E) PO_DEFAULT_PRC_BU


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

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


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

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


                                    Solutions:

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

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