Oracle Fusion Procurement 2014 Essentials : 1z1-470

Pass 1z1-470 Exam Cram

Exam Code: 1z1-470

Exam Name: Oracle Fusion Procurement 2014 Essentials

Updated: Aug 08, 2026

Q & A: 70 Questions and Answers

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Oracle 1z1-470 Exam Syllabus Topics:

SectionObjectives
Self Service Procurement- Approval workflows and requisition processing
- Requisitions and shopping catalogs
Procurement Configuration and Integration- Integration with Oracle Financials and Inventory
- Setup tasks and enterprise structure alignment
Purchasing- Purchase orders creation and management
- Purchase order lifecycle and amendments
Supplier Management- Supplier qualification and profiles
- Supplier setup and maintenance
Introduction to Oracle Fusion Procurement- Procurement Cloud overview and key concepts
- Business flow and procurement lifecycle
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) Finance Manager
B) Purchasing Manager
C) Purchase Analysis
D) Procurement Agent


2. Which two approval tasks can be performed by using the Manage Approval Rules user interface in Fusion Procurement?

A) Purchasing Document Approval
B) Supplier Registration Approval
C) Item Creation Approval
D) Expenses Approval


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

A) Create/Manage Requisitions
B) Create/Manage Supplier Sites
C) Create/Manage Purchase Order
D) Create/Manage Catalogs
E) Create/Manage Supplier Invoices


4. What is required to make data available in Oracle Fusion Procurement Transactional Business Intelligence graphs?

A) Schedule ESS jobs to run according to customer requirements.
B) Schedule concurrent requests to run every hour.
C) No need to schedule anything; data will be populated in real time.
D) Configure the Extract Transform and Load tool and data will be populated in real time.


5. A supplier has one corporate site location and three other site locations from where they supply goods to your client locations. Each site must have its own contract for negotiating and they must be restricted from viewing each other's negotiations.
How would you configure this?

A) by giving the Supplier Administrator role to the supplier contract
B) by giving the Procurement Agent role to the supplier contract
C) by restricting supplier contract access to a specific supplier site
D) by restricting supplier contract access to Supplier Level


Solutions:

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

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