Oracle Fusion Procurement 2014 Essentials - 1z1-470

Oracle 1z1-470 test insides dumps
  • Exam Code: 1z1-470
  • Exam Name: Oracle Fusion Procurement 2014 Essentials
  • Updated: Jun 08, 2026
  • Q & A: 70 Questions and Answers
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Oracle Fusion Procurement 2014 Essentials Sample Questions:

1. In Self Service Procurement, a user is not able to search for the Inventory Item "Play Station 2".Identify three configuration issues that could be causing this problem.

A) The "Play Station2" Item is not part of any Procurement catalog.
B) The "Play Station2" Item has not been marked as a "Purchased" item within the Purchasing operational attribute group.
C) "Play Station2" is defined as "BOM Enabled" in PIM.
D) The "Play Station2" Item does not belong to any Purchasing Category.
E) "Play Station2" is not defined as a "Transactable" item in PIM.


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

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


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


4. On completion of a Negotiation Award using a negotiation template, you are trying to create apurchasing document and system provides you the option to create a Blanket Purchase Agreement (BPA) only, whereas you expected to get an option to create a Contract Purchase Agreement (CPA).
Identify the reason for this.

A) The Profile Option PO_PRC_AGENT_CATEGORY_ASSIGNMENT is set to the current user.
B) The negotiation outcome is defined as 'Blanket Purchase Agreement' in the negotiation template.
C) The negotiation outcome is defined as 'Contract Purchase Agreement' in the negotiation template.
D) The Business Function for the associated Business Unit is 'Requisition Only' and did not allow Purchase Agreement Generation.


5. You define a payment term Net 30 in the "Define Payment Terms" task. While configuring a supplier, you try to assign the payment term Net 30 to a supplier site but the list of values (LOV) is empty.

A) The supplier site is inactive.
B) The payment term Net 30 is not defined at procurement options.
C) The data set containing the payment term Net 30 is not assigned to the procurement BU.
D) The payment term Net 30 is not active.


Solutions:

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

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