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Oracle 1z1-470 : Oracle Fusion Procurement 2014 Essentials

1z1-470

Exam Code: 1z1-470

Exam Name: Oracle Fusion Procurement 2014 Essentials

Updated: Jun 06, 2025

Q & A: 70 Questions and Answers

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Oracle Fusion Procurement 2014 Essentials Sample Questions:

1. During a Fusion Procurement implementation, you have been asked to provide View access to all purchasing documents to all buyers in Business Unit A.
What will you do to configure this change?

A) Define all buyers as employees in procurement Business Unit A.
B) Configure a new document style and assign it to each buyer in "Manage Procurement Agent".
C) Update each buyer's access using "Manage Procurement Agent" for procurement Business Unit A.
D) Modify "Configure Procurement Business Function" for procurement Business Unit A and provide access to all buyers.


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

A) Configure Requisitioning Business Function
B) Define a sequence for auto numbering and assign it back in Configure BU numbering setup
C) Configure Procurement Business Function
D) Manage Common Options for Payables


3. A new procurement BU (BU1) is set up in Fusion Procurement to support the purchasing need of a newly acquired company. You are responsible for purchasing function for this new procurement BU. But while creating a Purchase Order for the new BU, you observe that the new BU is not appearing in the BU selection list.
Identify two applicable reasons for this behavior.

A) The "Manage purchase agreement" check box in the Agent Access section of the CreateProcurement page is checked.
B) The "Manage purchase agreement" check box in the Agent Access section of the Create Procurement page is unchecked.
C) The procurement BU (BU1) and theProcurement Agent association arenot Active.
D) You are not configured as a Procurement Agent for the BU1 procurement BU.
E) The "Manage Purchase Order" check box in the Agent Access section of the Create Procurement page is unchecked.


4. Your customer organization is headquartered in Toronto, and has three manufacturing facilities in Mexico, Taiwan and Austria. The raw material requirements for these three manufacturing units are consolidated and procured from Mexico through the Mexico procurement division. Identify an appropriate way to model this scenario in Fusion Procurement?

A) Requisitioning BU: Mexico, Taiwan, Austria and Procurement BU: Toronto
B) Requisitioning BU: Toronto and Procurement BU: Toronto
C) Requisitioning BU: Toronto and Procurement BU: Mexico
D) Requisitioning BU: Toronto, Taiwan, Austria and Procurement BU: Mexico
E) Requisitioning BU: Mexico, Taiwan, Austria and Procurement BU: Mexico


5. What is required to make data available in Oracle Fusion Procurement Transactional Business Intelligence graphs?

A) Configure the Extract Transform and Load tool and data will be populated in real time.
B) Schedule ESS jobs to run according to customer requirements.
C) No need to schedule anything; data will be populated in real time.
D) Schedule concurrent requests to run every hour.


Solutions:

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

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