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Oracle 1z1-470 Exam Syllabus Topics:

SectionObjectives
Topic 1: Oracle Fusion Procurement Overview- Procurement architecture and business flow
  • 1. Procurement lifecycle and integration
    • 2. Fusion Procurement application components
      Topic 2: Sourcing- Negotiation management
      • 1. RFQ and auction processes
        • 2. Supplier responses and evaluation
          • 3. Award and negotiation analysis
            Topic 3: Self Service Procurement- Requisition processing
            • 1. Approval workflows
              • 2. Creating and managing requisitions
                • 3. Shopping lists and favorites
                  Topic 4: Supplier Management- Supplier administration
                  • 1. Supplier registration and qualification
                    • 2. Supplier lifecycle management
                      • 3. Supplier profiles and sites
                        Topic 5: Purchasing- Purchase order management
                        • 1. Contract purchase agreements
                          • 2. Purchase order creation and approval
                            • 3. Blanket purchase agreements
                              Topic 6: Security and Reporting- Administration and analytics
                              • 1. Monitoring and troubleshooting
                                • 2. Role-based security
                                  • 3. Procurement reporting and dashboards
                                    Topic 7: Enterprise and Procurement Configuration- Initial setup and configuration
                                    • 1. Enterprise structure and business units
                                      • 2. Procurement business functions
                                        • 3. Document sequencing and common configurations
                                          Topic 8: Receiving and Procurement Control- Receiving operations
                                          • 1. Inspection and returns
                                            • 2. Procurement document lifecycle management
                                              • 3. Receipt processing
                                                Topic 9: Catalog Management- Purchasing catalogs
                                                • 1. Catalog creation and maintenance
                                                  • 2. Content management and classification

                                                    Oracle Fusion Procurement 2014 Essentials Sample Questions:

                                                    Identify the three business benefits provided by the Manage Approval Rules user interface.

                                                    • A. support for common business requirements to route approvals based on aggregated information
                                                    • B. minimal dependency on IT group for rules setup
                                                    • C. ease of ordering items
                                                    • D. quick information search
                                                    • E. faster ramp-up time to set up approval rules
                                                    Reveal Solution  Discussion  0

                                                    Correct Answer: A,C,D  🗳️

                                                    Select two document sequencing setups that are performed in the "Configure Requisitioning Business Function" task.

                                                    • A. Next Requisition Number
                                                    • B. Next Purchase Order Number
                                                    • C. Next Agreement Number
                                                    • D. Next Receipt Number
                                                    • E. Next Negotiation Number
                                                    Reveal Solution  Discussion  0

                                                    Correct Answer: A,B  🗳️

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

                                                    Self Service Procurement uses Browsing categories to help users to search for desired items. Which statement is true?

                                                    • A. Item catalog/categories are defined via Functional Setup Manager, whereas Browsing categories are defined via Procurement Content Management.
                                                    • B. Item catalog/categories are defined via Procurement Content Management, whereas Browsing categories are defined via Functional Setup Manager.
                                                    • C. Both Item and Browsing categories can be imported only via the front-end Fusion UI.
                                                    • D. Both Item and Browsing categories can be imported only via ADFDi. There is no front-end Fusion UI for these.
                                                    Reveal Solution  Discussion  0

                                                    Correct Answer: A  🗳️

                                                    Identify two profile options that are required to configure Punchout Catalogs in Self Service Procurement.

                                                    • A. POR_PROXY_SERVER_PORT
                                                    • B. PO_DOC_BUILDER_DEFAULT_DOC_TYPE
                                                    • C. PO_DEFAULT_PRC_BU
                                                    • D. POR_PROXY_SERVER_NAME
                                                    • E. POR_DISPLAY_EMBEDDED_ANALYTICS
                                                    Reveal Solution  Discussion  0

                                                    Correct Answer: A,D  🗳️

                                                    Identify two tasks that can be performed in the Functional Setup Manager by a customer when configuring setup data.

                                                    • A. configuring Oracle Fusion Applications to match business needs
                                                    • B. importing and exporting data between instances
                                                    • C. collecting data to populate the order orchestration and planning data repository
                                                    • D. setting up and maintaining data by means of the Manage Admin menu
                                                    Reveal Solution  Discussion  0

                                                    Correct Answer: A,B  🗳️

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

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