CERTIFICATION 1Z0-1160-1 BOOK TORRENT, 1Z0-1160-1 NEW EXAM MATERIALS

Certification 1Z0-1160-1 Book Torrent, 1Z0-1160-1 New Exam Materials

Certification 1Z0-1160-1 Book Torrent, 1Z0-1160-1 New Exam Materials

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Oracle Fusion Cloud Applications ERP Foundations Associate - Rel 1 Sample Questions (Q40-Q45):

NEW QUESTION # 40
What is the purpose of the Adoption Center in Oracle Cloud Success Navigator?

  • A. It provides a platform for customers to submit feedback and suggest new features
  • B. It offers a library of case studies and success stories from existing Oracle Cloud customers
  • C. It serves as a knowledge base containing FAQs and troubleshooting guides for common issues
  • 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 # 41
Which two features are part of Oracle Fusion Cloud ERP's Project Costing module?

  • A. Cost allocation and burdening
  • B. Employee expense management
  • C. Budget tracking and control
  • D. Supplier invoice validation

Answer: A,C

Explanation:
Comprehensive and Detailed
Project Costing features include:
* Budget tracking and control (A): Monitors project budgets for cost oversight.
* Cost allocation and burdening (D): Distributes and aggregates costs, including indirect costs.
* Supplier invoice validation (B): Part of Payables.
* Employee expense management (C): Handled by Expenses.
These support cost management, as per the training.


NEW QUESTION # 42
Which two modules help generate accounting entries by directly integrating with the subledger accounting engine?

  • A. Accounts Payable module, which streamlines supplier invoice and payments functions
  • B. Advanced Collections module, which classifies delinquent customer balances and simplifies collection activities
  • C. Fixed Assets module, which streamlines asset lifecycle processes, from acquisition to retirement
  • D. Expenses module, which organizes employee expense processes, ensuring accurate and timely reimbursements

Answer: A,C

Explanation:
Comprehensive and Detailed
The subledger accounting engine generates journal entries from transactional data in these modules:
* Accounts Payable module (A): Processes supplier invoices and payments, directly feeding data into the subledger accounting engine for accounting entries (e.g., liabilities, payments).
* Fixed Assets module (C): Manages asset transactions (e.g., acquisitions, depreciation), integrating with the subledger accounting engine to record entries.
* Advanced Collections module (B): Focuses on delinquency management, not direct accounting entry generation.
* Expenses module (D): Integrates indirectly via Payables or General Ledger, not directly with the subledger accounting engine.
This ensures accurate financial reporting, as per the ERP Foundations training.


NEW QUESTION # 43
What is the purpose of the Oracle Fusion Cloud ERP Procurement module?

  • A. To streamline supplier sourcing, purchasing, and contract management
  • B. To automate project cost accounting
  • C. To track employee expenses
  • D. To manage customer invoices and payments

Answer: A

Explanation:
Comprehensive and Detailed
The Procurement module's purpose is:
* To streamline supplier sourcing, purchasing, and contract management (B): Manages supplier relationships, purchase orders, and contracts efficiently.
* Manage customer invoices (A): Handled by Receivables.
* Track employee expenses (C): Managed by Expenses.
* Automate project cost accounting (D): Part of Project Costing.
This optimizes procurement, as per the training.


NEW QUESTION # 44
What is the role of Oracle Fusion Cloud ERP's Intelligent Document Recognition (IDR) feature?

  • A. To reconcile bank statements
  • B. To track employee expenses
  • C. To automate supplier invoice data extraction
  • D. To manage customer collections

Answer: C

Explanation:
Comprehensive and Detailed
IDR's role is:
* To automate supplier invoice data extraction (A): Scans and extracts invoice details (e.g., amounts, dates) for touchless processing.
* Track employee expenses (B): Handled by Expenses.
* Manage customer collections (C): Part of Collections.
* Reconcile bank statements (D): Managed by Cash Management.
This reduces manual effort, as per the training.


NEW QUESTION # 45
......

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