Oracle 1Z0-1160-1 Practice Braindumps | Demo 1Z0-1160-1 Test
Oracle 1Z0-1160-1 Practice Braindumps | Demo 1Z0-1160-1 Test
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Tags: 1Z0-1160-1 Practice Braindumps, Demo 1Z0-1160-1 Test, Reliable 1Z0-1160-1 Exam Papers, 1Z0-1160-1 Free Study Material, Latest 1Z0-1160-1 Test Camp
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>> Oracle 1Z0-1160-1 Practice Braindumps <<
1Z0-1160-1 - Oracle Fusion Cloud Applications ERP Foundations Associate - Rel 1 Useful Practice Braindumps
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Oracle Fusion Cloud Applications ERP Foundations Associate - Rel 1 Sample Questions (Q21-Q26):
NEW QUESTION # 21
What is the primary purpose of the Oracle Fusion Cloud ERP General Ledger module?
- A. To manage supplier invoices and payments
- B. To automate customer collections and dunning processes
- C. To provide a centralized repository for financial data and reporting
- D. To track employee expenses and reimbursements
Answer: C
Explanation:
Comprehensive and Detailed
The primary purpose of the General Ledger module is:
* To provide a centralized repository for financial data and reporting (C): It consolidates financial transactions from subledgers (e.g., Payables, Receivables) into a single source for accounting, reporting, and analysis.
* Manage supplier invoices (A): Handled by Payables, not General Ledger.
* Track employee expenses (B): Managed by the Expenses module.
* Automate customer collections (D): Part of Advanced Collections, not General Ledger.
This central role ensures financial accuracy, as per the training.
NEW QUESTION # 22
Which two features are part of Oracle Fusion Cloud ERP's Project Management module?
- A. Supplier invoice validation
- B. Project cost accounting and budgeting
- C. Resource allocation and utilization tracking
- D. Customer collections management
Answer: B,C
Explanation:
Comprehensive and Detailed
Project Management features include:
* Resource allocation and utilization tracking (A): Manages resource assignment and usage.
* Project cost accounting and budgeting (C): Tracks and budgets project costs.
* Supplier invoice validation (B): Part of Payables.
* Customer collections management (D): Handled by Receivables/Collections.
These support project execution, as per the training.
NEW QUESTION # 23
Which two are benefits of using Oracle Fusion Cloud ERP's multi-tenant architecture?
- A. Reduced infrastructure costs
- B. Automatic updates and patches
- C. Custom hardware for each customer
- D. Limited scalability
Answer: A,B
Explanation:
Comprehensive and Detailed
Benefits of multi-tenant architecture include:
* Reduced infrastructure costs (A): Shared resources lower the cost of maintenance and hardware.
* Automatic updates and patches (C): Centralized updates ensure all tenants receive the latest features and fixes seamlessly.
* Custom hardware for each customer (B): Contrary to multi-tenancy's shared model.
* Limited scalability (D): Incorrect, as multi-tenancy enhances scalability.
These benefits optimize cost and maintenance, as per the training.
NEW QUESTION # 24
How does Smart View add value to the Period Close to Financial Reports business process in Oracle Cloud?
- A. It consolidates data exclusively from Oracle Transactional Business Intelligence (OTBI)
- B. It ensures faster processing of journal entries during the period close cycle
- C. It automates the generation of statutory financial reports, eliminating the need for manual data adjustments during the period close process
- D. It enables interactive, multi-dimensional analysis of financial data within a familiar Excel environment
Answer: D
Explanation:
Comprehensive and Detailed
Smart View adds value by:
* Enabling interactive, multi-dimensional analysis of financial data within a familiar Excel environment (A): Allows users to analyze data dynamically in Excel, enhancing reporting flexibility.
* Faster journal processing (B): Not Smart View's role.
* Automating statutory reports (C): Involves other tools, not Smart View.
* Consolidating OTBI data (D): Not exclusive to OTBI.
This improves reporting, as per the training.
NEW QUESTION # 25
Which two are key benefits of using Oracle Fusion Cloud ERP's Dynamic Discounting feature?
- A. Optimized cash flow for buyers
- B. Improved supplier relationships through early payment incentives
- C. Reduced manual data entry for supplier invoices
- D. Automated customer collections
Answer: A,B
Explanation:
Comprehensive and Detailed
Dynamic Discounting benefits include:
* Improved supplier relationships through early payment incentives (A): Suppliers get paid faster, strengthening ties.
* Optimized cash flow for buyers (D): Buyers save via discounts, improving cash flow.
* Automated customer collections (B): Unrelated to discounting.
* Reduced manual data entry (C): Related to IDR, not Dynamic Discounting.
These enhance financial efficiency, as per the training.
NEW QUESTION # 26
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