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Oracle 1z1-470 Exam Syllabus Topics:

Oracle Fusion Procurement 2014 Essentials Sample Questions:

1. Identify three application standard lookups that are available in the Setup and Maintenance task list "Define Supplier Configuration".

A) Minority Group Lookup
B) Manage Requirement Section Lookup
C) Tax Organization Type Lookup
D) Business Classification Lookup
E) Manage Freight Terms Lookup
F) Manage FOB Lookup

2. Identify two features of the price break functionality provided in Blanket Purchase Agreement (BPA) document types.

A) priceincrease request from a supplier through the supplier portal
B) means to provide price discounts
C) condition-dependent reductions in price
D) change orders affecting pricing of specific lines
E) payment method, which supports multiple-installment payment goods or services

3. Identify two activities that a Buying Organization will be able to perform after it provides the Supplier Portal access to Suppliers.

A) Create Negotiation flow internally on behalf of prospective suppliers.
B) Consolidate suppliers and supplier sites to clean up duplicate suppliers or support supplier acquisitions.
C) Import supplier data and related entities.
D) Evaluate prospective suppliers by routing their registrations through a collaborative review process by using a flexible rules engine.
E) Collect information about prospective suppliers through a self-guided registration flow.

4. Select two document sequencing setups that are performed in the "Configure Requisitioning Business Function" task.

A) Next Requisition Number
B) Next Agreement Number
C) Next Purchase Order Number
D) Next Receipt Number
E) Next Negotiation Number

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

Solutions: