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Oracle 1z1-470 Exam Overview:

Certification Vendor:Oracle
Exam Name:Oracle Fusion Procurement 2014 Essentials
Exam Number:1Z0-470
Available Languages:English
Real Exam Qty:80
Exam Price:USD 245
Related Certifications:Oracle Fusion Procurement Certified Implementation Specialist
Exam Duration:120 minutes
Passing Score:60%
Exam Format:Multiple Choice
Sample Questions:Oracle 1z1-470 Sample Questions
Exam Way:Delivered through Oracle-authorized testing (Pearson VUE testing center or Oracle online proctored exam, subject to Oracle policies).
Pre Condition:No mandatory prerequisite exam. Oracle recommends experience with Oracle Fusion Procurement implementations and related training.
Official Syllabus URL:https://www.oracle.com/education/certification/

Oracle 1z1-470 Exam Syllabus Topics:

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

                                                    Your customer tells you that in their industry, the response document for an auction is called a 'Proposal' instead of the default Fusion term 'Bid', and that they would like to have all their negotiation documents reflect this terminology. What would you do to meet this requirement?

                                                    A. Create a Negotiation Type.
                                                    B. Customize the Descriptive Flexfield.
                                                    C. Create a Negotiation Template.
                                                    D. Create a Purchasing Document Style.
                                                    E. Create a Negotiation Style.


                                                    Question 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. View Full Details
                                                    E. Workflow administration


                                                    Question 3

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

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


                                                    Question 4

                                                    Identify three profile options that are used to configure Self Service Procurement.

                                                    A. PO_DOC_BUILDER_DEFAULT_DOC_TYPE
                                                    B. PO_PRC_AGENT_CATEGORY_ASSIGNMENT
                                                    C. POR_SEARCH_RESULTS_SKIN
                                                    D. PO_DEFAULT_PRC_BU
                                                    E. POR_DISPLAY_CATEGORY_ITEM_COUNT


                                                    Question 5

                                                    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. 6
                                                    B. 8
                                                    C. 5
                                                    D. 4
                                                    E. 7


                                                    Solutions:

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

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