Free Oracle 1z0-470 Exam Dumps Questions & Answers

During a Fusion Procurement implementation, your customer has asked you to set up document numbering for purchasing documents. Where do you setup the Next Purchase Order Number in Fusion Procurement Applications?

• A.Configure Procurement Business Function
• B.Configure Requisitioning Business Function
• C.Manage Common Options for Payables and Procurement
• D.Configure Procurement Business Functions

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

Which two approval tasks can be performed by using the Manage Approval Rules user interface in Fusion Procurement?

• A.Purchasing Document Approval
• B.Item Creation Approval
• C.Supplier Registration Approval
• D.Expenses Approval

Your customer tells you that when they cancel a Purchase Order, the requisition referring to that Purchase Order should also be automatically canceled. Identify the setup that needs to be performed to fulfill this requirement.

• A.In the "Configure Procurement Business Function" task, select the "Allow Item Description Update" check box.
• B.In the "Configure Requisitioning Business Function" task, select the "Create orders immediately after requisition import" check box.
• C.In the "Configure Requisitioning Business Function" task, set the "Cancel Backing Requisitions" value to Always.
• D.Automatic cancellation of requisition is not possible. Therefore, the customer must manually cancel the requisition after canceling the Purchase Order.
• E.In the "Configure Requisitioning Business Function" task, set the "Cancel Backing Requisitions" value to Never.

After gathering requirements from the business leads of customer organization, you have set up the Bill-to location at multiple places during Fusion Procurement Implementation. Identify the source from which the purchase order defaults the Bill-to location.

• A.Fromthe'Supplier site assignment' first and if it is 'Null' then from 'Common Payables and Procurement options'
• B.From the 'Configure Procurement business function'
• C.From the 'Common Payables and Procurement options' first and if it is 'Null' then from 'Supplier site assignment'
• D.From the Business Unit setup
• E.From the 'Configure Requisitioning business function'