Free Sample 1Z0-1160-1 Questions | Test 1Z0-1160-1 Questions Answers
Free Sample 1Z0-1160-1 Questions | Test 1Z0-1160-1 Questions Answers
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>> Free Sample 1Z0-1160-1 Questions <<
Oracle Free Sample 1Z0-1160-1 Questions: Oracle Fusion Cloud Applications ERP Foundations Associate - Rel 1 - ExamsReviews Offers you Valid Test Questions Answers
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Oracle Fusion Cloud Applications ERP Foundations Associate - Rel 1 Sample Questions (Q52-Q57):
NEW QUESTION # 52
What is the key benefit of embedding OMBPs in a Starter Configuration?
- A. Provides a platform for customers to access third-party Oracle Fusion Applications Configurations
- B. Provides a Fully Customized setup of Oracle Fusion Applications implementations
- C. Provides a Standard Configuration that supports solution-led implementation of Oracle Fusion Applications
Answer: C
Explanation:
Comprehensive and Detailed
The key benefit is:
* Provides a Standard Configuration that supports solution-led implementation (A): OMBPs (Oracle Methodology Business Processes) in Starter Configurations offer prebuilt, best-practice setups for rapid deployment.
* Fully Customized setup (B): Not the goal; focuses on standardization.
* Third-party configurations (C): Not supported in Starter Configurations.
This accelerates implementation, as per the training.
NEW QUESTION # 53
What is the primary function of the Oracle Fusion Cloud ERP Cash Management module?
- A. To track employee reimbursements
- B. To automate customer invoicing
- C. To reconcile bank statements with system transactions
- D. To manage supplier payments
Answer: C
Explanation:
Comprehensive and Detailed
The primary function is:
* To reconcile bank statements with system transactions (B): Matches bank data with Payables and Receivables transactions for accurate cash tracking.
* Manage supplier payments (A): Handled by Payables.
* Track employee reimbursements (C): Part of Expenses.
* Automate customer invoicing (D): Managed by Receivables.
This ensures cash accuracy, as per the training.
NEW QUESTION # 54
Which financial module integrates with the Fixed Assets module for recording asset purchases in the Asset Acquisition to Retirement process?
- A. Oracle Fusion Cloud Receivables
- B. Oracle Fusion Cloud Expenses
- C. Oracle Fusion Cloud Cash Management
- D. Oracle Fusion Cloud Payables
Answer: D
Explanation:
Comprehensive and Detailed
The module integrating with Fixed Assets for asset purchases is:
* Oracle Fusion Cloud Payables (A): Handles supplier invoices for asset acquisitions, transferring data to Fixed Assets to record costs and initiate the asset lifecycle.
* Receivables (B): Manages customer payments, unrelated to asset purchases.
* Expenses (C): Focuses on employee reimbursements, not asset acquisition.
* Cash Management (D): Reconciles bank transactions, not asset purchases.
This ensures proper asset accounting, as per the training.
NEW QUESTION # 55
Which two are key benefits of using Oracle Fusion Cloud ERP's Dynamic Discounting feature?
- A. Automated customer collections
- B. Improved supplier relationships through early payment incentives
- C. Reduced manual data entry for supplier invoices
- D. Optimized cash flow for buyers
Answer: B,D
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 # 56
What is the purpose of the Adoption Center in Oracle Cloud Success Navigator?
- A. It serves as a knowledge base containing FAQs and troubleshooting guides for common issues
- B. It offers a library of case studies and success stories from existing Oracle Cloud customers
- C. It provides a platform for customers to submit feedback and suggest new features
- D. It allows customers to explore new theme-based features and understand their innovation opportunities
Answer: D
Explanation:
Comprehensive and Detailed
The Adoption Center in Oracle Cloud Success Navigator is designed to:
* It allows customers to explore new theme-based features and understand their innovation opportunities (A): This is the primary purpose, providing resources on new features, updates, and innovation themes (e.g., AI, process enhancements) to help customers adopt and leverage advancements proactively.
* It serves as a knowledge base containing FAQs and troubleshooting guides (B): While support resources exist elsewhere, this is not the Adoption Center's core focus.
* It provides a platform for customers to submit feedback (C): Feedback submission is handled through other channels, not the Adoption Center.
* It offers a library of case studies (D): Case studies may be supplementary but are not the primary purpose.
This aligns with Oracle's goal of driving continuous innovation, as per the Success Navigator documentation.
NEW QUESTION # 57
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