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Oracle 1z1-470 Exam Syllabus Topics:

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 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.

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

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.

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

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.

Solutions: