Oracle 1z0-470 : Oracle Fusion Procurement 2014 Essentials

  • Exam Code: 1z0-470
  • Exam Name: Oracle Fusion Procurement 2014 Essentials
  • Updated: Aug 06, 2026     Q & A: 70 Questions and Answers

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Oracle 1z0-470 Exam Syllabus Topics:

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

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


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

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


3. You have defined your negotiation style and named it 'ABC negotiation style'.Subsequently, you try to add collaboration team members on negotiation that is based on the 'ABC negotiation style' and find that the "Collaboration Team" field is disabled. Identify the cause.

A) Cost factors are not set up for negotiations for participants, causing no collaboration to negotiate cost.
B) The "Collaboration Team" checkbox is unchecked in the style.
C) Online collaboration is visible only to the Requisition Preparer.
D) The "Requirements and Instructions" checkbox is unchecked in the style.


4. Name the Oracle Transactional Business Intelligence (OTBI) KPI that indicates the count of approved requisitionswhere at least one of the requisition lines is assigned to the buyer who has logged in and that requisition line is not implemented into an order, bucketed by the number of days elapsed since the requisition was approved.

A) Requisition Line Aging Count
B) Requisition Lines Volume Count
C) Requisition AgingCount
D) Requisition Lines Cycle Time
E) Requisition Lines in Process Count


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

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


Solutions:

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

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