Oracle Oracle Applications 1z1-470 Oracle Fusion Procurement 2014 Essentials Exams
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Oracle 1z1-470 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Supplier Management | - Supplier administration
|
| Oracle Fusion Procurement Overview | - Procurement architecture and business flow
|
| Enterprise and Procurement Configuration | - Initial setup and configuration
|
| Sourcing | - Negotiation management
|
| Catalog Management | - Purchasing catalogs
|
| Security and Reporting | - Administration and analytics
|
| Purchasing | - Purchase order management
|
| Receiving and Procurement Control | - Receiving operations
|
| Self Service Procurement | - Requisition processing
|
Oracle Fusion Procurement 2014 Essentials Sample Questions:
1. On completion of a Negotiation Award using a negotiation template, you are trying to create apurchasing document and system provides you the option to create a Blanket Purchase Agreement (BPA) only, whereas you expected to get an option to create a Contract Purchase Agreement (CPA).
Identify the reason for this.
A) The Profile Option PO_PRC_AGENT_CATEGORY_ASSIGNMENT is set to the current user.
B) The negotiation outcome is defined as 'Blanket Purchase Agreement' in the negotiation template.
C) The negotiation outcome is defined as 'Contract Purchase Agreement' in the negotiation template.
D) The Business Function for the associated Business Unit is 'Requisition Only' and did not allow Purchase Agreement Generation.
2. Identify the functionality of Self Service Procurement that allows a Requester a 360-degree view of any purchasing document, such as a Requisition or PO.
A) View pdf
B) Manage Life Cycle
C) Manage Train Stops
D) Workflow administration
E) View Full Details
3. Identify four actions that the Manage Requisition Approval task enables you to perform.
A) register an internal and external Supplier
B) define rule actions by using Supervisory Hierarchy or Position Hierarchy
C) maintain user-defined attributes and use these attributes with rules
D) enable or disable a participant
E) create rules by using simple or nested conditions
4. Identify three attributes that are considered as Reference Data Sets and shared across Business Units in Fusion Procurement.
A) Location
B) Payment Terms
C) Tax Classification
D) Item
E) Price
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 Cost Factors for Freight and Insurance.
C) Add negotiation lines separately to capture Freight and Insurance.
D) Define a negotiation style and enable DFF for Freight and Insurance.
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: B | Question # 3 Answer: B,C,D,E | Question # 4 Answer: A,B,D | Question # 5 Answer: B |







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