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Oracle 1z0-470 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Procurement Analytics and Integration11%- OTBI and Reporting
  • 1. Integration with Payables and SCM
    • 2. Procurement KPIs
      Topic 2: Purchasing22%- Purchase Order Setup
      • 1. Agreements and Contracts
        • 2. Approval Rules
          • 3. Document Styles and Numbering
            Topic 3: Procurement Configurations20%- Define Procurement Configuration
            • 1. Common Procurement Options
              • 2. Procurement Agents
                • 3. Procurement Business Units
                  Topic 4: Self Service Procurement22%- Requisitioning Setup
                  • 1. Punchout Catalogs
                    • 2. Catalog Management
                      • 3. Configure Requisitioning Functions
                        Topic 5: Supplier Management15%- Supplier Profile Configuration
                        • 1. Supplier Portal Access
                          • 2. Supplier Registration
                            • 3. Supplier Qualification
                              Topic 6: Receiving and Inspection10%- Receiving Configuration
                              • 1. Blind Receiving
                                • 2. Receiving Options
                                  • 3. Inspection Setup

                                    Oracle Fusion Procurement 2014 Essentials Sample Questions:

                                    1. A supplier has one corporate site location and three other site locations from where they supply goods to your client locations. Each site must have its own contract for negotiating and they must be restricted from viewing each other's negotiations.
                                    How would you configure this?

                                    A) by giving the Supplier Administrator role to the supplier contract
                                    B) by giving the Procurement Agent role to the supplier contract
                                    C) by restricting supplier contract access to Supplier Level
                                    D) by restricting supplier contract access to a specific supplier site


                                    2. 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) Workflow administration
                                    B) Manage Life Cycle
                                    C) Manage Train Stops
                                    D) View Full Details
                                    E) View pdf


                                    3. You are creating a Purchase Order based on the style "InFusion Purchasing Style". While entering a Purchase Order line, you find that the line type named Goods is available but the line type named LINE does not appear. Identify a reason for this behavior.

                                    A) The line type LINE is not among the selected line types for the document style "InFusion Purchasing Style".
                                    B) The Goods check box is not checked for the Purchase Bases field of the Commodities
                                    option in the "Create Document Style" task.
                                    C) The status of the "InFusion Purchasing Style" is not Active.
                                    D) Display Name for the Purchase Order is not set in the "Create Document Style" task.


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

                                    A) required to execute an ESS job to initiate the supplier registration process
                                    B) suggesting a possible new supplier that requires further action by the Buyer and the Supplier Administrator
                                    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


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


                                    Solutions:

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

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