Oracle : 1z0-470 Questions & Answers

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Oracle 1z0-470 Exam Syllabus Topics:

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

                                                    Oracle Fusion Procurement 2014 Essentials Sample Questions:

                                                    Question #1

                                                    After gathering requirements from the business leads of customer organization, you have set up the Bill-to location at multiple places during Fusion Procurement Implementation. Identify the source from which the purchase order defaults the Bill-to location.

                                                    • A. From the 'Configure Procurement business function'
                                                    • B. Fromthe'Supplier site assignment' first and if it is 'Null' then from 'Common Payables and Procurement options'
                                                    • C. From the 'Configure Requisitioning business function'
                                                    • D. From the 'Common Payables and Procurement options' first and if it is 'Null' then from 'Supplier site assignment'
                                                    • E. From the Business Unit setup
                                                    Reveal Solution  Discussion  0

                                                    Correct Answer: A  🗳️

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

                                                    Question #2

                                                    A buyer is creating a purchase requisition using 'Catalog Superstore', and intends to compare items before adding them to the shopping list. Identify the maximum number of items that are allowed by the application for side-by-side item comparison?

                                                    • A. 5
                                                    • B. 7
                                                    • C. 4
                                                    • D. 8
                                                    • E. 6
                                                    Reveal Solution  Discussion  0

                                                    Correct Answer: A  🗳️

                                                    Question #3

                                                    During a Fusion Procurement implementation, your customer has asked you to set up document numbering for purchasing documents. Where do you setup the Next Purchase Order Number in Fusion Procurement Applications?

                                                    • A. Configure Requisitioning Business Function
                                                    • B. Manage Common Options for Payables and Procurement
                                                    • C. Configure Procurement Business Functions
                                                    • D. Configure Procurement Business Function
                                                    Reveal Solution  Discussion  0

                                                    Correct Answer: D  🗳️

                                                    Question #4

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

                                                    • A. Manage Requirement Section Lookup
                                                    • B. Tax Organization Type Lookup
                                                    • C. Manage FOB Lookup
                                                    • D. Business Classification Lookup
                                                    • E. Manage Freight Terms Lookup
                                                    • F. Minority Group Lookup
                                                    Reveal Solution  Discussion  0

                                                    Correct Answer: B,D,F  🗳️

                                                    Question #5

                                                    Which user-defined attribute type in Purchasing Document Approval Rules Management supportsthe aggregation of data across lines or distributions based on a set of filters?

                                                    • A. Custom attribute
                                                    • B. Category attribute
                                                    • C. Currency attribute
                                                    • D. Summation attribute
                                                    Reveal Solution  Discussion  0

                                                    Correct Answer: D  🗳️

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