Exam Name: Oracle Fusion Procurement 2014 Essentials
Certification Provider: Oracle
Corresponding Certification: Oracle Applications
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Oracle 1z1-470 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Self Service Procurement | - Requisition processing
|
| Security and Reporting | - Administration and analytics
|
| Purchasing | - Purchase order management
|
| Sourcing | - Negotiation management
|
| Enterprise and Procurement Configuration | - Initial setup and configuration
|
| Supplier Management | - Supplier administration
|
| Oracle Fusion Procurement Overview | - Procurement architecture and business flow
|
| Receiving and Procurement Control | - Receiving operations
|
| Catalog Management | - Purchasing catalogs
|
Oracle Fusion Procurement 2014 Essentials Sample Questions:
When creating a non catalog requisition, a requester checks the 'NEW Supplier' checkbox. By checking this checkbox, the user is _______.
- A. suggesting a possible new supplier that requires further action by the Buyer and the Supplier Administrator
- B. required to execute an ESS job to initiate the supplier registration process
- C. triggering an automated process to create a new supplier
- D. triggering an automated process to intimate a new supplier to register with the user's company
Correct Answer: B 🗳️
Identify two control options that are enabled when a buyer selects the 'Group requisition lines' field while creating a Blanket Purchase Agreement.
- A. Use ship-to organization and location
- B. Group requisitions
- C. Use need-by date
- D. Automatically submitfor approval
- E. Apply price updates to existing orders
Correct Answer: A,C 🗳️
Explanation: Only visible for BraindumpsPass members. You can sign-up / login (it's free).
A buyer is creating a purchase requisition using 'Catalog Superstore', and intends to compare items before adding them to the shopping list. Identify the maximum number of items that are allowed by the application for side-by-side item comparison?
- A. 6
- B. 7
- C. 4
- D. 8
- E. 5
Correct Answer: E 🗳️
While creating a Purchase Order, you observe that the system is defaulting Net 30 as the payment term instead of the intended payment term Net 15. Identify three ways to achieve the desired defaulting.
- A. Update Net 15 in procurement options and Net 330 for the supplier site.
- B. Update Net 30 for the supplier header and Net 15 for the relevant site.
- C. Update Net 15 in procurement options and leave the payment term blank for this supplier at all levels.
- D. Set Net 30 for the supplier site and leave the payment term blank in procurement options.
- E. Set Net 15 for the supplier site.
Correct Answer: C,D,E 🗳️
Identify two fields whose tolerance levels are ignored when data is entered while creating receipts using Enforce Blind Receiving.
- A. Waybill
- B. Receiving Date
- C. ReceivingQuantity
- D. UOM
- E. Packing Slip
Correct Answer: B,C 🗳️
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