Oracle 1z1-470 Exam : Oracle Fusion Procurement 2014 Essentials

1z1-470
  • Exam Code: 1z1-470
  • Exam Name: Oracle Fusion Procurement 2014 Essentials
  • Updated: Jun 03, 2026
  • Q & A: 70 Questions and Answers

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Oracle Fusion Procurement 2014 Essentials Sample Questions:

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 Profile Option PO_PRC_AGENT_CATEGORY_ASSIGNMENT is set to the current user.
C) The negotiation outcome is defined as 'Contract Purchase Agreement' in the negotiation template.
D) The negotiation outcome is defined as 'Blanket Purchase Agreement' in the negotiation template.


2. At your client location, the marketing manager wants to run reports and analytics based on procurement subject areas, but he should not be able to view purchase orders. Which procurement role should you assign to him?

A) Purchase Analysis
B) Finance Manager
C) Procurement Agent
D) Purchasing Manager


3. Identify two Business Intelligence metrics that help users to compare prices through Oracle Sourcing.

A) Realized savings
B) PO Price savings
C) Projected savings
D) Price change


4. Identify three seeded ruleset names under Business Process Model (BPM) tasks that have
requisition approvals routed in the serial method.

A) LineHierarchyRules
B) HeaderHierarchyRules
C) DistributionRules
D) DistributionHierarchyRules
E) DistributionConsensusRules
F) PreApprovalLineConsensusRules


5. A supplier sales representative wants to track and manage their agreements and have the ability to add and edit catalog content for agreements online.
Identify two duty roles that accomplish this requirement.

A) Purchase Agreement Viewing as Supplier Duty
B) Purchase Document Analysis as Supplier Duty
C) Purchase Order Changes as Supplier Duty
D) Contract Terms Deliverables Management Duty
E) Purchase Agreement Changes as Supplier Duty


Solutions:

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

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