Oracle 1z1-470 : Oracle Fusion Procurement 2014 Essentials

Exam Code: 1z1-470

Exam Name: Oracle Fusion Procurement 2014 Essentials

Updated: Oct 07, 2026

Q & A: 70 Questions and Answers

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Oracle 1z1-470 Exam Syllabus Topics:

SectionObjectives
Topic 1: Oracle Fusion Procurement Overview- Procurement architecture and business flow
  • 1. Procurement lifecycle and integration
    • 2. Fusion Procurement application components
      Topic 2: Security and Reporting- Administration and analytics
      • 1. Role-based security
        • 2. Monitoring and troubleshooting
          • 3. Procurement reporting and dashboards
            Topic 3: Supplier Management- Supplier administration
            • 1. Supplier lifecycle management
              • 2. Supplier registration and qualification
                • 3. Supplier profiles and sites
                  Topic 4: Receiving and Procurement Control- Receiving operations
                  • 1. Inspection and returns
                    • 2. Receipt processing
                      • 3. Procurement document lifecycle management
                        Topic 5: Catalog Management- Purchasing catalogs
                        • 1. Content management and classification
                          • 2. Catalog creation and maintenance
                            Topic 6: Self Service Procurement- Requisition processing
                            • 1. Approval workflows
                              • 2. Creating and managing requisitions
                                • 3. Shopping lists and favorites
                                  Topic 7: Purchasing- Purchase order management
                                  • 1. Blanket purchase agreements
                                    • 2. Purchase order creation and approval
                                      • 3. Contract purchase agreements
                                        Topic 8: Enterprise and Procurement Configuration- Initial setup and configuration
                                        • 1. Document sequencing and common configurations
                                          • 2. Enterprise structure and business units
                                            • 3. Procurement business functions
                                              Topic 9: Sourcing- Negotiation management
                                              • 1. Supplier responses and evaluation
                                                • 2. Award and negotiation analysis
                                                  • 3. RFQ and auction processes

                                                    Oracle Fusion Procurement 2014 Essentials Sample Questions:

                                                    Question #1

                                                    Name the Oracle Transactional Business Intelligence (OTBI) KPI that indicates the count of approved requisitionswhere at least one of the requisition lines is assigned to the buyer who has logged in and that requisition line is not implemented into an order, bucketed by the number of days elapsed since the requisition was approved.

                                                    • A. Requisition Line Aging Count
                                                    • B. Requisition Lines in Process Count
                                                    • C. Requisition AgingCount
                                                    • D. Requisition Lines Cycle Time
                                                    • E. Requisition Lines Volume Count
                                                    Reveal Solution  Discussion  0

                                                    Correct Answer: B  🗳️

                                                    Question #2

                                                    You want Supplier Accounts to be created by external supplier users in Supplier Portal. Which Supplier Registration option would allow this?

                                                    • A. Discrete Supplier Registration
                                                    • B. Global Supplier Registration
                                                    • C. External Supplier Registration
                                                    • D. Internal Supplier Registration
                                                    Reveal Solution  Discussion  0

                                                    Correct Answer: C  🗳️

                                                    Question #3

                                                    Identify four actions that the Manage Requisition Approval task enables you to perform.

                                                    • A. register an internal and external Supplier
                                                    • B. enable or disable a participant
                                                    • C. define rule actions by using Supervisory Hierarchy or Position Hierarchy
                                                    • D. maintain user-defined attributes and use these attributes with rules
                                                    • E. create rules by using simple or nested conditions
                                                    Reveal Solution  Discussion  0

                                                    Correct Answer: B,C,D,E  🗳️

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

                                                    Correct Answer: B,E,F  🗳️

                                                    Question #5

                                                    Select two document sequencing setups that are performed in the "Configure Requisitioning Business Function" task.

                                                    • A. Next Requisition Number
                                                    • B. Next Purchase Order Number
                                                    • C. Next Negotiation Number
                                                    • D. Next Receipt Number
                                                    • E. Next Agreement Number
                                                    Reveal Solution  Discussion  0

                                                    Correct Answer: A,B  🗳️

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