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Oracle Fusion Procurement 2014 Essentials : 1z0-470

1z0-470
  • Exam Code: 1z0-470
  • Exam Name: Oracle Fusion Procurement 2014 Essentials
  • Updated: May 26, 2026
  • Q & A: 70 Questions and Answers
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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 Contract Purchase Agreement for the fixed price supplier and a Blanket Purchase Agreement for the varied price supplier.
C) Create a Planned Purchase Order for the fixed price supplier and do not create any kind of 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. Which sequence of steps should you follow to configure an approval rule to automatically
approve without being sent to an approver?

A) Create the routing for the rule so that it is sent to the initiator, set the Auto ActionEnabledoption to True, and then enter Approve in the auto action field.
B) Create the routing for the rule so that it is sent to the initiator, select the Routing type as Serial, and then set the Auto Action Enabledoption to True.
C) Create the routing for the rule so that it is sent to the initiator, enter Approve in the auto action field, and then set the Auto Action Enabled option to True.
D) Create the routing for the rule so that it is sent to the initiator, select the Routing type as Serial, and then set the Auto Action Enabled option to True.


3. Identify the setup that allows news and information ofinterestto be published to suppliers through the Oracle Fusion Supplier Portal.

A) enabling RSS feed from acustomer'scorporate web portal
B) enabling feed from social media sites such as Facebook, Twitter, and so on using "Manage Common Options forPurchasing"
C) configuring the "News Broadcast" field using the "Manage Supplier" task
D) setting up Specify Supplier News Content in the Fusion Functional Setup Manager


4. Your customer has requested you to set up a Procurement Business Unit to serve the procurement needs of various Requisitioning Business Units. How would you set up the Shared Procurement model in Fusion Procurement?

A) by setting up the Default Procurement BU in the Requisitioning Business Function
B) by setting up aService Provider relationship in the Business Unit setup
C) by providing a default Business Unit in the Procurement Agent setup
D) by setting up a Procurement Business Unit and a Requisitioning Business Unit in the Functional Setup Manager


5. During implementation, the transformation maps that are associated with external-facing interfaces must be modified to map the _____.

A) extensible flexfield attributes to the enterprise business object attributes
B) fulfillment order line to the extensible flexfield attributes
C) enterprise business object attributes to the fulfillment order line
D) extensible flexfield attributes to the fulfillment order line


Solutions:

Question # 1
Answer: A
Question # 2
Answer: A
Question # 3
Answer: A
Question # 4
Answer: B
Question # 5
Answer: A

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