Oracle 1z1-470 Exam Syllabus Topics:

Oracle Fusion Procurement 2014 Essentials Sample Questions:

1. Acme Corporationhas provided the following requirement in Fusion Procurement:
If the category on the requisition line is IT service (Category ID - 11423), approvals from "IT Service Category Approval Group" are required.
Identify the rule setup in Business Process Model (BPM) tasks to meet this requirement.

A) If ReqLineDimension.categoryId is equal to 11423; Then List Builder = Resource Response Type = Required Approval Group = "IT Service Category Approval Group" Allow empty group = False
B) If ReqLineDimension.categoryId is equal to 11423; Then List Builder = Approval Group Response Type = FYI Approval Group = "IT service Category Approval Group" Allow empty group = True
C) If ReqLineDimension.categoryId is equal to 11423; Then List Builder = Approval Group Response Type = Required Approval Group = "IT Service Category Approval Group" Allow empty group = False
D) If ReqLineDimension.categoryId is equal to 11423; Then List Builder = Supervisory Response Type = Required Approval Group = "IT Service Category Approval Group" Allow empty group = False

2. 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 'Configure Requisitioning business function'
B) From the 'Common Payables and Procurement options' first and if it is 'Null' then from 'Supplier site assignment'
C) From the Business Unit setup
D) Fromthe'Supplier site assignment' first and if it is 'Null' then from 'Common Payables and Procurement options'
E) From the 'Configure Procurement business function'

3. You are setting up Fusion Sourcing. You would like participants to provide Insurance and Freight cost for the quotation/RFQ lines.
Identify the configuration that will fulfill this requirement.

A) Add negotiation lines separately to capture Freight and Insurance.
B) Define a negotiation style and enable DFF for Freight and Insurance.
C) Personalize the negotiation UI to add the Freight and Insurance attributes.
D) Add Cost Factors for Freight and Insurance.

4. Which two approval tasks can be performed by using the Manage Approval Rules user interface in Fusion Procurement?

A) Expenses Approval
B) Supplier Registration Approval
C) Item Creation Approval
D) Purchasing Document Approval

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

Solutions: