• Exam Code: 1z0-470
  • Exam Name: Oracle Fusion Procurement 2014 Essentials
  • Certification Provider: Oracle
  • Corresponding Certification:Oracle Applications
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Oracle Fusion Procurement 2014 Essentials Sample Questions:

1. Identify three activities performed by a Business Unit that has been configured only for the Procurement function.

A) Create/Manage Requisitions
B) Create/Manage Purchase Order
C) Create/Manage Supplier Invoices
D) Create/Manage Supplier Sites
E) Create/Manage Catalogs


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

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


3. Which two job roles can access the Procurement Dashboard?

A) Buyer
B) Procurement Requester
C) Category Manager
D) Procurement Manager
E) Procurement Preparer


4. You have defined an attribute named"Years of Experience" in your negotiation. You have set up scores for acceptable value ranges, and would like to rate responses based on this score. On getting the responses from the participating suppliers, you observe that for a few suppliers, the score was not calculated. Identify the reason for this issue.

A) The attribute "Years of Experience" was not marked asRequired, so thesupplier did not provide any value.
B) Sourcing does not support attribute definition.
C) The Negotiation type is RFI;therefore, scoring is optional.
D) You already have a few suppliers definedin the system; therefore, the scoring did not take place.


5. Identify two Business Intelligence metrics that help users to compare prices through Oracle Sourcing.

A) Projected savings
B) Price change
C) PO Price savings
D) Realized savings


Solutions:

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

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