Free Oracle 1z1-470 Practice Test & Real Exam Questions

  • Exam Code/Number: 1z1-470
  • Exam Name/Title: Oracle Fusion Procurement 2014 Essentials
  • Certification Provider: Oracle
  • Corresponding Certification: Oracle Applications
  • Exam Questions: 70
  • Updated On: Jun 04, 2026
You have defined your negotiation style and named it 'ABC negotiation style'.Subsequently, you try to add collaboration team members on negotiation that is based on the 'ABC negotiation style' and find that the "Collaboration Team" field is disabled. Identify the cause.
Correct Answer: D Vote an answer
Which sequence of steps should you follow to configure an approval rule to automatically
approve without being sent to an approver?
Correct Answer: C Vote an answer
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You are setting up Fusion Sourcing. You would like participants to provide Insurance and Freight cost for the quotation/RFQ lines.
Identify the configuration that will fulfill this requirement.
Correct Answer: D Vote an answer
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.
Correct Answer: E Vote an answer
Identify two tasks that can be performed in the Functional Setup Manager by a customer when configuring setup data.
Correct Answer: B,D Vote an answer
Explanation: Only visible for Pass4Leader members. You can sign-up / login (it's free).
Your customer has the following approval hierarchy:
1.Role: Employee; Document: Purchase Requisition; Approval Limit: $3500
2.Role: Manager; Document: Purchase Requisition; Approval Limit: $6700
3.Role: Senior Manager; Document:Purchase Requisition; Approval Limit: $12000
Purchase Order requisitions are set up with an approval method of Employee-Supervisor hierarchy and a Forward method of Direct. "Can Change Forward-To" is set to No. An employee has created a purchaserequisitionwith a total amount of $8200, and wants the manager to review the requisition electronically before it is approved. How can thisrequirement be fulfilled?
Correct Answer: C Vote an answer
You are in negotiations with a set of suppliers. After the award process was completed, you were told that none of the suppliers received any email notification. Identify two applicable reasons for this.
Correct Answer: B,D Vote an answer