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Oracle 1z1-470 Exam Overview:
| Certification Vendor: | Oracle |
| Exam Name: | Oracle Fusion Procurement 2014 Essentials |
| Exam Number: | 1Z0-470 |
| Exam Format: | Multiple Choice, Multiple Response |
| Exam Price: | Varies (approximately USD 245, region-dependent) |
| Exam Duration: | 120 minutes |
| Related Certifications: | Oracle Fusion Procurement Cloud Certification Oracle Procurement Cloud Certification Track |
| Real Exam Qty: | 60-75 |
| Passing Score: | Approximately 65% |
| Available Languages: | English |
| Certificate Validity Period: | N/A (historical certification, policy varies by Oracle program) |
| Recommended Training: | Oracle University Fusion Procurement Training |
| Exam Registration: | Pearson VUE Oracle Exams Oracle Certification Portal |
| Sample Questions: | Oracle 1z1-470 Sample Questions |
| Exam Way: | Computer-based exam via Pearson VUE (online proctored or test center, depending on availability) |
| Pre Condition: | No formal prerequisite, but knowledge of procurement processes and Oracle Fusion applications is recommended |
Oracle 1z1-470 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Procurement Configuration and Integration | - Integration with Oracle Financials and Inventory - Setup tasks and enterprise structure alignment |
| Sourcing and Agreements | - Blanket purchase agreements and contracts - RFQs and sourcing negotiations |
| Self Service Procurement | - Requisitions and shopping catalogs - Approval workflows and requisition processing |
| Introduction to Oracle Fusion Procurement | - Business flow and procurement lifecycle - Procurement Cloud overview and key concepts |
| Purchasing | - Purchase orders creation and management - Purchase order lifecycle and amendments |
| Supplier Management | - Supplier setup and maintenance - Supplier qualification and profiles |
Oracle Fusion Procurement 2014 Essentials Sample Questions:
1. Identify the setup that allows news and information ofinterestto be published to suppliers through the Oracle Fusion Supplier Portal.
A) setting up Specify Supplier News Content in the Fusion Functional Setup Manager
B) enabling RSS feed from acustomer'scorporate web portal
C) enabling feed from social media sites such as Facebook, Twitter, and so on using "Manage Common Options forPurchasing"
D) configuring the "News Broadcast" field using the "Manage Supplier" task
2. Your customer tells you that the agreement document sequencing should be 10-digit numbers starting with 999 (for example 9990000001, 9990000002, and so on) and the negotiation document sequencing should also be 10-digit numbers but should start with 777 (for example 7770000001, 7770000002, and so on). Identify the functional task where you will set up the required document numbering.
A) Configure Requisitioning Business Function
B) Manage Purchasing Value Sets
C) Configure Procurement Business Function
D) Manage Document Styles
E) Manage Payables Document Sequence
3. Identify the functionality of Self Service Procurement that allows a Requester a 360-degree view of any purchasing document, such as a Requisition or PO.
A) Manage Life Cycle
B) View pdf
C) Workflow administration
D) Manage Train Stops
E) View Full Details
4. Identify three seeded ruleset names under Business Process Model (BPM) tasks that have
requisition approvals routed in the serial method.
A) LineHierarchyRules
B) DistributionRules
C) PreApprovalLineConsensusRules
D) DistributionHierarchyRules
E) HeaderHierarchyRules
F) DistributionConsensusRules
5. 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) Use ship-to organization and location
C) Automatically submitfor approval
D) Group requisitions
E) Apply price updates to existing orders
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: C | Question # 3 Answer: A | Question # 4 Answer: B,E,F | Question # 5 Answer: A,B |
By Alan
