Try and practice the latest Oracle : 1z0-470 real questions & answers
Updated: Jun 01, 2026
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Oracle Fusion Procurement 2014 Essentials Sample Questions:
1. Which two approval tasks can be performed by using the Manage Approval Rules user interface in Fusion Procurement?
A) Item Creation Approval
B) Purchasing Document Approval
C) Supplier Registration Approval
D) Expenses Approval
2. Identify three attributes that are considered as Reference Data Sets and shared across Business Units in Fusion Procurement.
A) Tax Classification
B) Price
C) Location
D) Payment Terms
E) Item
3. Alliance Corp's approval policy requires the number of approvers to be based on the Item category. If the total amount of all items within a requisition with Item category "IT" is less than 1000 USD, then the IT manager needs to approve it. But if the total amount of IT category items within a requisition exceeds 1000 USD, then the IT manager, IT director, and CIO need to approve the document. For any other purchasing categories below 1000 USD, the purchasing manager approves it; and anything above 1000 USD, the procurement VP approves. Approval policy at Alliance Corp is configured to use the attribute type of "Summation" based on the IT category.
An employee submits the following requisition:
LINEDESCRIPTIONCATEGORYAMOUNT
1Mac LaptopIT. Laptop899.00
2LCD MonitorIT. Monitor250.00
3IPhone6Telephony. Cellphone199.99\
Refer to the exhibit to select the final approving authority.
A) Line 1 and Line 2 are approved by the CIO, and Line 3 by the purchasing manager.
B) Line 1 is approved by the IT manager, Line 2 by the IT director, and Line 3 by the purchasing manager.
C) Line 1 is approved by the purchasing manager, Line 2 by the IT manager, and Line 3 by
the IT director.
D) Line 1 and Line 2 are approved by the IT manager, and Line 3 by the purchasing manager.
4. Identify two fields whose tolerance levels are ignored when data is entered while creating receipts using Enforce Blind Receiving.
A) Waybill
B) Packing Slip
C) ReceivingQuantity
D) UOM
E) Receiving Date
5. Identify two tasks that can be performed in the Functional Setup Manager by a customer when configuring setup data.
A) collecting data to populate the order orchestration and planning data repository
B) setting up and maintaining data by means of the Manage Admin menu
C) importing and exporting data between instances
D) configuring Oracle Fusion Applications to match business needs
Solutions:
| Question # 1 Answer: B,C | Question # 2 Answer: C,D,E | Question # 3 Answer: A | Question # 4 Answer: C,E | Question # 5 Answer: C,D |
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