Oracle 1z0-470 : Oracle Fusion Procurement 2014 Essentials

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Oracle 1z0-470 Exam Syllabus Topics:

Oracle Fusion Procurement 2014 Essentials Sample Questions:

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

A) payment method, which supports multiple-installment payment goods or services
B) condition-dependent reductions in price
C) priceincrease request from a supplier through the supplier portal
D) change orders affecting pricing of specific lines
E) means to provide price discounts

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

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

3. Identify three profile options that are used to configure Self Service Procurement.

A) POR_SEARCH_RESULTS_SKIN
B) PO_DEFAULT_PRC_BU
C) PO_PRC_AGENT_CATEGORY_ASSIGNMENT
D) POR_DISPLAY_CATEGORY_ITEM_COUNT
E) PO_DOC_BUILDER_DEFAULT_DOC_TYPE

4. Your customer frequently orders a specific item from a selected list of suppliers. Some of the suppliers provide the item at a negotiated price, whereas other suppliers change the price throughout the year. Howwould you set up this item in Fusion Procurement to address both the requirements?

A) Create a Planned Purchase Order for the fixed price supplier and do not create any kind of agreement for the varied price supplier.
B) Create a Blanket Purchase Agreement for the negotiated price supplier and a Contract Purchase Agreement for the varied price supplier.
C) Create a Contract Purchase Agreement for the varied price supplier and do not create any kind of agreement for the fixed price supplier.
D) Create a Contract Purchase Agreement for the fixed price supplier and a Blanket Purchase Agreement for the varied price supplier.

5. A buyer is creating a purchase requisition using 'Catalog Superstore', and intends to compare items before adding them to the shopping list. Identify the maximum number of items that are allowed by the application for side-by-side item comparison?

A) 7
B) 8
C) 4
D) 5
E) 6

Solutions: