1z1-470 by Oracle Actual Free Exam Questions And Answers

Question 1

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 Business Function for the associated Business Unit is 'Requisition Only' and did not allow Purchase Agreement Generation.

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 Profile Option PO_PRC_AGENT_CATEGORY_ASSIGNMENT is set to the current user.

Discussion 0

Correct Answer: C Vote an answer

Explanation: Only visible for Fast2test members. You can sign-up / login (it's free).

Question 2

Identify two features of the price break functionality provided in Blanket Purchase Agreement (BPA) document types.

A. condition-dependent reductions in price

B. means to provide price discounts

C. payment method, which supports multiple-installment payment goods or services

D. priceincrease request from a supplier through the supplier portal

E. change orders affecting pricing of specific lines

Discussion 0

Correct Answer: A,D Vote an answer

Explanation: Only visible for Fast2test members. You can sign-up / login (it's free).

Question 3

Identify three profile options that are available in the 'Manage Purchasing Profile Options' setup and maintenance task.

A. POR_DISPLAY_CATEGORY_ITEM_COUNT

B. PO_DOC_BUILDER_DEFAULT_DOC_TYPE

C. PO_DEFAULT_PRC_BU

D. POR_DISPLAY_EBMEDDED_ANALYTICS

E. PO_AGRMT_LOADER_PURGE_DAYS

Discussion 0

Correct Answer: B,C,E Vote an answer

Explanation: Only visible for Fast2test members. You can sign-up / login (it's free).

Question 4

Which sequence of steps should you follow to configure an approval rule to automatically
approve without being sent to an approver?

A. Create the routing for the rule so that it is sent to the initiator, set the Auto ActionEnabledoption to True, and then enter Approve in the auto action field.

B. Create the routing for the rule so that it is sent to the initiator, enter Approve in the auto action field, and then set the Auto Action Enabled option to True.

C. Create the routing for the rule so that it is sent to the initiator, select the Routing type as Serial, and then set the Auto Action Enabledoption to True.

D. Create the routing for the rule so that it is sent to the initiator, select the Routing type as Serial, and then set the Auto Action Enabled option to True.

Discussion 0

Correct Answer: A Vote an answer

Explanation: Only visible for Fast2test members. You can sign-up / login (it's free).

Question 5

Identify three attributes that are considered as Reference Data Sets and shared across Business Units in Fusion Procurement.

A. Payment Terms

B. Tax Classification

C. Location

D. Price

E. Item

Discussion 0

Correct Answer: A,C,E Vote an answer

Explanation: Only visible for Fast2test members. You can sign-up / login (it's free).

Question 6

In which Functional setup Manager task is Next Purchase Order Number set up?

A. Configure Procurement Business Function

B. Configure Requisitioning Business Function

C. Manage Common Options for Payables

D. Define a sequence for auto numbering and assign it back in Configure BU numbering setup

Discussion 0

Correct Answer: B Vote an answer

Question 7

Identify the Procurement configuration task that has cross product integration with Supply Chain Management.

A. Define Supplier Configuration

B. Manage Procurement Agents

C. Define Negotiation Style

D. Define Corporate Procurement Cards

E. Define Basic Catalog

Discussion 0

Correct Answer: D Vote an answer

Oracle Fusion Procurement 2014 Essentials - 1z1-470 Exam Practice Test

Contact Us

Useful Links

Latest Updated