• Exam Code: 1z1-470
  • Exam Name: Oracle Fusion Procurement 2014 Essentials
  • Certification Provider: Oracle
  • Corresponding Certification:Oracle Applications
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1z1-470
  • Exam Code: 1z1-470
  • Exam Name: Oracle Fusion Procurement 2014 Essentials
  • Updated: Oct 12, 2026
  • No. of Questions: 70 Questions and Answers
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Oracle 1z1-470 Exam Syllabus Topics:

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

                                                    Oracle Fusion Procurement 2014 Essentials Sample Questions:

                                                    Identify the complete sequence for the Procure-to-Pay flow.

                                                    • A. Create Requisition > Create Purchase Order > Fulfill Purchase Order > Enter Invoice > Match Invoice > Pay Supplier.
                                                    • B. Enter Invoice > Match Invoice > Pay Supplier > Return Goods to Supplier.
                                                    • C. Create Requisition > Create Job Order > Build Inventory > Transfer Inventory > Pay Supplier > Return Goods to Supplier.
                                                    • D. Create Requisition > Request for Quote > Analyze Quote > Award Supplier.
                                                    Reveal Solution  Discussion  0

                                                    Correct Answer: D  🗳️

                                                    During a Fusion Procurement implementation, you have been asked to provide View access to all purchasing documents to all buyers in Business Unit A.
                                                    What will you do to configure this change?

                                                    • A. Modify "Configure Procurement Business Function" for procurement Business Unit A and provide access to all buyers.
                                                    • B. Update each buyer's access using "Manage Procurement Agent" for procurement Business Unit A.
                                                    • C. Configure a new document style and assign it to each buyer in "Manage Procurement Agent".
                                                    • D. Define all buyers as employees in procurement Business Unit A.
                                                    Reveal Solution  Discussion  0

                                                    Correct Answer: A  🗳️

                                                    Which option would the application first lookatto default the Location field in the Purchase Order Line?

                                                    • A. Supplier site assignment record of the supplier site in the RequisitioningBU.
                                                    • B. BU assignment record of the source agreement that corresponds to the Requisitioning BU
                                                    • C. "Requisitioning Business FunctionConfiguration" task of the Requisitioning BU.
                                                    • D. Purchase Order Header
                                                    Reveal Solution  Discussion  0

                                                    Correct Answer: D  🗳️

                                                    Explanation: Only visible for TrainingDump members. You can sign-up / login (it's free).

                                                    Identify the document in which the Supplier field is not mandatory.

                                                    • A. RequestforQuotation
                                                    • B. Purchase Order
                                                    • C. Requisition
                                                    • D. Invoice
                                                    • E. Quotation
                                                    Reveal Solution  Discussion  0

                                                    Correct Answer: D  🗳️

                                                    Explanation: Only visible for TrainingDump members. You can sign-up / login (it's free).

                                                    Self Service Procurement uses Browsing categories to help users to search for desired items. Which statement is true?

                                                    • A. Both Item and Browsing categories can be imported only via ADFDi. There is no front-end Fusion UI for these.
                                                    • B. Item catalog/categories are defined via Procurement Content Management, whereas Browsing categories are defined via Functional Setup Manager.
                                                    • C. Both Item and Browsing categories can be imported only via the front-end Fusion UI.
                                                    • D. Item catalog/categories are defined via Functional Setup Manager, whereas Browsing categories are defined via Procurement Content Management.
                                                    Reveal Solution  Discussion  0

                                                    Correct Answer: D  🗳️

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