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Oracle 1z0-470 Exam Overview:

Certification Vendor:Oracle
Exam Name:Oracle Fusion Procurement 2014 Essentials
Exam Number:1Z0-470
Exam Duration:120 minutes
Certificate Validity Period:Indefinite (retired exam, no renewal required)
Related Certifications:Oracle Fusion Procurement Implementation
Oracle Applications
Available Languages:English
Exam Format:Multiple Select, Multiple Choice
Passing Score:68%
Real Exam Qty:70
Exam Price:$245 USD
Recommended Training:Oracle Fusion Procurement 2014 Implementation Training
Oracle Learning Library
Exam Registration:Pearson VUE Registration
Oracle University Exam Page
Sample Questions:Oracle 1z0-470 Sample Questions
Exam Way:Proctored at Pearson VUE test centers or online proctored
Pre Condition:No mandatory prerequisites; recommended 3–6 months of hands-on experience with Oracle Fusion Procurement
Official Syllabus URL:https://education.oracle.com/oracle-fusion-procurement-2014-essentials/pexam_1Z0-470

Oracle 1z0-470 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Procurement Configurations20%- Define Procurement Configuration
  • 1. Procurement Agents
    • 2. Common Procurement Options
      • 3. Procurement Business Units
        Topic 2: Purchasing22%- Purchase Order Setup
        • 1. Document Styles and Numbering
          • 2. Approval Rules
            • 3. Agreements and Contracts
              Topic 3: Receiving and Inspection10%- Receiving Configuration
              • 1. Blind Receiving
                • 2. Receiving Options
                  • 3. Inspection Setup
                    Topic 4: Procurement Analytics and Integration11%- OTBI and Reporting
                    • 1. Integration with Payables and SCM
                      • 2. Procurement KPIs
                        Topic 5: Self Service Procurement22%- Requisitioning Setup
                        • 1. Configure Requisitioning Functions
                          • 2. Punchout Catalogs
                            • 3. Catalog Management
                              Topic 6: Supplier Management15%- Supplier Profile Configuration
                              • 1. Supplier Registration
                                • 2. Supplier Qualification
                                  • 3. Supplier Portal Access

                                    Oracle Fusion Procurement 2014 Essentials Sample Questions:

                                    Question #1

                                    When creating a non catalog requisition, a requester checks the 'NEW Supplier' checkbox. By checking this checkbox, the user is _______.

                                    • A. triggering an automated process to intimate a new supplier to register with the user's company
                                    • B. suggesting a possible new supplier that requires further action by the Buyer and the Supplier Administrator
                                    • C. triggering an automated process to create a new supplier
                                    • D. required to execute an ESS job to initiate the supplier registration process
                                    Reveal Solution  Discussion  0

                                    Correct Answer: D  🗳️

                                    Question #2

                                    You define a payment term Net 30 in the "Define Payment Terms" task. While configuring a supplier, you try to assign the payment term Net 30 to a supplier site but the list of values (LOV) is empty.

                                    • A. The payment term Net 30 is not active.
                                    • B. The supplier site is inactive.
                                    • C. The data set containing the payment term Net 30 is not assigned to the procurement BU.
                                    • D. The payment term Net 30 is not defined at procurement options.
                                    Reveal Solution  Discussion  0

                                    Correct Answer: C  🗳️

                                    Question #3

                                    A buyer often orders an item BA82829 by box but the store manager stocks the item as individual units by using the 'Each' unit of measure. Item BA82829 can be ordered from three suppliers and the box sizes differ by supplier (12, 24 and 36). Identify the correct option to set up these units of measure in Product Hub (PIM).

                                    • A. Create a Box UOM and an Each UOM and assign both to the same UOM class.
                                    • B. Create multiple BoxY UOMs, where Y is the quantity per box, and an Each UOM, and assign them to different UOM classes.
                                    • C. Create multiple BoxY UOMs, where Y is the quantity per box, and an Each UOM, and assign them to the same UOM class.
                                    • D. Always use the Each UOM and do not create Purchase Orders for Box.
                                    • E. Create a box UOM and an Each UOM and assign them to different UOM classes.
                                    Reveal Solution  Discussion  0

                                    Correct Answer: A  🗳️

                                    Question #4

                                    Identify five business functions that must be configured in order to implement a complete Procure-to-Pay business process in Fusion Procurement.

                                    • A. Inventory
                                    • B. Invoicing
                                    • C. Receiving
                                    • D. Incentive Compensation
                                    • E. Requisitioning
                                    • F. Payments
                                    • G. Purchasing
                                    Reveal Solution  Discussion  0

                                    Correct Answer: A,B,C,E,G  🗳️

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                                    Question #5

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

                                    • A. fulfillment order line to the extensible flexfield attributes
                                    • B. extensible flexfield attributes to the fulfillment order line
                                    • C. extensible flexfield attributes to the enterprise business object attributes
                                    • D. enterprise business object attributes to the fulfillment order line
                                    Reveal Solution  Discussion  0

                                    Correct Answer: C  🗳️

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