Oracle 1z1-470 Q&A - in .pdf

  • Exam Code: 1z1-470
  • Exam Name: Oracle Fusion Procurement 2014 Essentials
  • Updated: Sep 25, 2026
  • Q & A: 70 Questions and Answers
  • PDF Price: $59.99
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Oracle 1z1-470 Q&A - Testing Engine

  • Exam Code: 1z1-470
  • Exam Name: Oracle Fusion Procurement 2014 Essentials
  • Updated: Sep 25, 2026
  • Q & A: 70 Questions and Answers
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Oracle 1z1-470 Exam Syllabus Topics:

SectionObjectives
Topic 1: Sourcing and Agreements- RFQs and sourcing negotiations
- Blanket purchase agreements and contracts
Topic 2: Introduction to Oracle Fusion Procurement- Business flow and procurement lifecycle
- Procurement Cloud overview and key concepts
Topic 3: Supplier Management- Supplier qualification and profiles
- Supplier setup and maintenance
Topic 4: Self Service Procurement- Requisitions and shopping catalogs
- Approval workflows and requisition processing
Topic 5: Procurement Configuration and Integration- Setup tasks and enterprise structure alignment
- Integration with Oracle Financials and Inventory
Topic 6: Purchasing- Purchase order lifecycle and amendments
- Purchase orders creation and management

Oracle Fusion Procurement 2014 Essentials Sample Questions:

Question #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 Blanket Purchase Agreement for the negotiated price supplier and a Contract Purchase Agreement for the varied price supplier.
  • B. Create a Planned Purchase Order for the fixed price supplier and do not create any kind of agreement for the varied price supplier.
  • C. Create a Contract Purchase Agreement for the fixed price supplier and a Blanket Purchase Agreement for the varied price supplier.
  • D. Create a Contract Purchase Agreement for the varied price supplier and do not create any kind of agreement for the fixed price supplier.
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

Question #2

Identify three activities performed by a Business Unit that has been configured only for the Procurement function.

  • A. Create/Manage Supplier Invoices
  • B. Create/Manage Catalogs
  • C. Create/Manage Supplier Sites
  • D. Create/Manage Requisitions
  • E. Create/Manage Purchase Order
Reveal Solution  Discussion  0

Correct Answer: C,D,E  🗳️

Question #3

Self Service Procurement uses Browsing categories to help users to search for desired items. Which statement is true?

  • A. Item catalog/categories are defined via Functional Setup Manager, whereas Browsing categories are defined via Procurement Content Management.
  • B. Both Item and Browsing categories can be imported only via the front-end Fusion UI.
  • C. Item catalog/categories are defined via Procurement Content Management, whereas Browsing categories are defined via Functional Setup Manager.
  • D. Both Item and Browsing categories can be imported only via ADFDi. There is no front-end Fusion UI for these.
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

Question #4

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

  • A. configuring Oracle Fusion Applications to match business needs
  • B. collecting data to populate the order orchestration and planning data repository
  • C. setting up and maintaining data by means of the Manage Admin menu
  • D. importing and exporting data between instances
Reveal Solution  Discussion  0

Correct Answer: A,D  🗳️

Explanation: Only visible for Prep4sureGuide members. You can sign-up / login (it's free).

Question #5

You are setting up Fusion Sourcing. You would like participants to provide Insurance and Freight cost for the quotation/RFQ lines.
Identify the configuration that will fulfill this requirement.

  • A. Personalize the negotiation UI to add the Freight and Insurance attributes.
  • B. Add negotiation lines separately to capture Freight and Insurance.
  • C. Add Cost Factors for Freight and Insurance.
  • D. Define a negotiation style and enable DFF for Freight and Insurance.
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

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