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Oracle 1z0-470 Exam Syllabus Topics:

Oracle Fusion Procurement 2014 Essentials Sample Questions:

1. Your customer tells you that the agreement document sequencing should be 10-digit numbers starting with 999 (for example 9990000001, 9990000002, and so on) and the negotiation document sequencing should also be 10-digit numbers but should start with 777 (for example 7770000001, 7770000002, and so on). Identify the functional task where you will set up the required document numbering.

A) Manage Payables Document Sequence
B) Configure Requisitioning Business Function
C) Manage Purchasing Value Sets
D) Manage Document Styles
E) Configure Procurement Business Function

2. 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) change orders affecting pricing of specific lines
C) condition-dependent reductions in price
D) means to provide price discounts
E) priceincrease request from a supplier through the supplier portal

3. Your customer wants to change the Need-by-Date of an open Purchase Order. To make this change, a Change Order is initiated by the customer and the request is now being reviewed by the supplier. What will be the status of the Purchase Order and the Change Order in the system?

A) Purchase Order: Open; Change Order: New
B) Purchase Order: Pending Supplier Acknowledgement;Change Order: Open
C) Purchase Order:Open;Change Order: Pending Supplier Acknowledgement
D) Purchase Order: Pending Supplier Acknowledgement;Change Order: Pending Supplier Acknowledgement
E) Purchase Order:Open;Change Order: Open

4. Identify three application standard lookups that are available in the Setup and Maintenance task list "Define Supplier Configuration".

A) Manage FOB Lookup
B) Manage Requirement Section Lookup
C) Business Classification Lookup
D) Tax Organization Type Lookup
E) Manage Freight Terms Lookup
F) Minority Group Lookup

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

Solutions: