Oracle Fusion Procurement 2014 Essentials - 1z0-470 FREE EXAM DUMPS QUESTIONS & ANSWERS]

Question 1

A buyer often orders an item BA82829 by box but the store manager stocks the item as individual units by using the 'Each' unit of measure. Item BA82829 can be ordered from three suppliers and the box sizes differ by supplier (12, 24 and 36). Identify the correct option to set up these units of measure in Product Hub (PIM).

A. Create multiple BoxY UOMs, where Y is the quantity per box, and an Each UOM, and assign them to different UOM classes. B. Always use the Each UOM and do not create Purchase Orders for Box. C. Create multiple BoxY UOMs, where Y is the quantity per box, and an Each UOM, and assign them to the same UOM class. D. Create a box UOM and an Each UOM and assign them to different UOM classes. E. Create a Box UOM and an Each UOM and assign both to the same UOM class.

Discussion 0

Correct Answer: E Vote an answer

Question 2

Identify the complete sequence for the Procure-to-Pay flow.

A. Create Requisition > Request for Quote > Analyze Quote > Award Supplier. B. Create Requisition > Create Job Order > Build Inventory > Transfer Inventory > Pay Supplier > Return Goods to Supplier. C. Enter Invoice > Match Invoice > Pay Supplier > Return Goods to Supplier. D. Create Requisition > Create Purchase Order > Fulfill Purchase Order > Enter Invoice > Match Invoice > Pay Supplier.

Discussion 0

Correct Answer: A Vote an answer

Question 3

Which two job roles can access the Procurement Dashboard?

A. Procurement Preparer B. Buyer C. Procurement Requester D. Category Manager E. Procurement Manager

Discussion 0

Correct Answer: A,E Vote an answer

Question 4

A new procurement BU (BU1) is set up in Fusion Procurement to support the purchasing need of a newly acquired company. You are responsible for purchasing function for this new procurement BU. But while creating a Purchase Order for the new BU, you observe that the new BU is not appearing in the BU selection list.
Identify two applicable reasons for this behavior.

A. The "Manage Purchase Order" check box in the Agent Access section of the Create Procurement page is unchecked. B. The procurement BU (BU1) and theProcurement Agent association arenot Active. C. The "Manage purchase agreement" check box in the Agent Access section of the Create Procurement page is unchecked. D. The "Manage purchase agreement" check box in the Agent Access section of the CreateProcurement page is checked. E. You are not configured as a Procurement Agent for the BU1 procurement BU.

Discussion 0

Correct Answer: B,D Vote an answer

Question 5

During a Fusion Procurement implementation, you have been asked to provide View access to all purchasing documents to all buyers in Business Unit A.
What will you do to configure this change?

A. Configure a new document style and assign it to each buyer in "Manage Procurement Agent". B. Define all buyers as employees in procurement Business Unit A. C. Update each buyer's access using "Manage Procurement Agent" for procurement Business Unit A. D. Modify "Configure Procurement Business Function" for procurement Business Unit A and provide access to all buyers.

Discussion 0

Correct Answer: D Vote an answer

Question 6

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

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

Discussion 0

Correct Answer: A,C Vote an answer

Question 7

A customer's procurement manager has the authority to approve office supply Purchase Orders up to $6,600.00. For all other types of Purchase Orders, there is no approval hierarchy.
The customer is located in Kandy and the purchasing category for office supplies is Office Supplies. The COA format is: Company.BusinessUnit.CostCenter.Account. The future and segment values are 01 for the company, 220 for the Business Unit, 339 for the cost center, 67887 for the account, and the future is always 000000.
Identify the approval group setup that would enable this purchasing practice.

A. Document Total: Amount Limit = $0.00 Account Range: Amount Limit = $6,600 AccountRange:From: 01.220.339.67887.000000 To: 01.220.339.67887.000000 Category Range: Amount Limit = $6,600 Category Range: From:Office.Supplies To: Office.Supplies B. Document Total: Amount Limit = $0.00 Account Range: Amount Limit = $6,600 Account Range: From: 01.220.339.67887.000000 To: 01.220.339.67887.000000 Category Range: Amount Limit = $6,600 Category Range: From: Office.Supplies To: Office.Supplies Requisition Document Type setup = 'Owner can Approve' C. Set the Document Total object to include an amount limit of $5,000.00. D. Document Total: Amount Limit = $6,600.00 Location: Amount Limit = $6,600 and Location= Kandy Category Range: Amount Limit = $10,000 Category Range: From: X.Supplies To: Office.Supplies E. Document Total: Amount Limit = $0.00 AccountRange: Amount Limit = $6,600 Account Range: From: 01.220.339.00000.000000 To: 01.220.339.99999.000000 Location: Amount Limit = $5,000 and Location = Kandy

Discussion 0

Correct Answer: B Vote an answer