Oracle Fusion Procurement 2014 Essentials : 1z1-470

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Exam Code: 1z1-470

Exam Name: Oracle Fusion Procurement 2014 Essentials

Updated: Sep 10, 2026

Q & A: 70 Questions and Answers

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Oracle 1z1-470 Exam Syllabus Topics:

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

                                    Oracle Fusion Procurement 2014 Essentials Sample Questions:

                                    Question #1

                                    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  🗳️

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

                                    Question #2

                                    Identify two control options that are enabled when a buyer selects the 'Group requisition lines' field while creating a Blanket Purchase Agreement.

                                    • A. Use need-by date
                                    • B. Apply price updates to existing orders
                                    • C. Automatically submitfor approval
                                    • D. Group requisitions
                                    • E. Use ship-to organization and location
                                    Reveal Solution  Discussion  0

                                    Correct Answer: A,E  🗳️

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

                                    Question #3

                                    After gathering requirements from the business leads of customer organization, you have set up the Bill-to location at multiple places during Fusion Procurement Implementation. Identify the source from which the purchase order defaults the Bill-to location.

                                    • A. From the 'Common Payables and Procurement options' first and if it is 'Null' then from 'Supplier site assignment'
                                    • B. From the 'Configure Requisitioning business function'
                                    • C. From the 'Configure Procurement business function'
                                    • D. From the Business Unit setup
                                    • E. Fromthe'Supplier site assignment' first and if it is 'Null' then from 'Common Payables and Procurement options'
                                    Reveal Solution  Discussion  0

                                    Correct Answer: C  🗳️

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

                                    Question #4

                                    Name the Oracle Transactional Business Intelligence (OTBI) KPI that indicates the count of approved requisitionswhere at least one of the requisition lines is assigned to the buyer who has logged in and that requisition line is not implemented into an order, bucketed by the number of days elapsed since the requisition was approved.

                                    • A. Requisition Lines Volume Count
                                    • B. Requisition Line Aging Count
                                    • C. Requisition Lines Cycle Time
                                    • D. Requisition AgingCount
                                    • E. Requisition Lines in Process Count
                                    Reveal Solution  Discussion  0

                                    Correct Answer: E  🗳️

                                    Question #5

                                    Your customer frequently orders a specific item from a selected list of suppliers. Some of the suppliers provide the item at a negotiated price, whereas other suppliers change the price throughout the year. Howwould you set up this item in Fusion Procurement to address both the requirements?

                                    • A. Create a Contract Purchase Agreement for the varied price supplier and do not create any kind of agreement for the fixed price supplier.
                                    • B. Create a Contract Purchase Agreement for the fixed price supplier and a Blanket Purchase Agreement for the varied price supplier.
                                    • C. Create a Planned Purchase Order for the fixed price supplier and do not create any kind of agreement for the varied price supplier.
                                    • D. Create a Blanket Purchase Agreement for the negotiated price supplier and a Contract Purchase Agreement for the varied price supplier.
                                    Reveal Solution  Discussion  0

                                    Correct Answer: D  🗳️

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