Most Probable Real Exam Questions in 1Z0-1160-1 Oracle Fusion Cloud Applications ERP Foundations Associate - Rel 1 PDF Dumps Format
Most Probable Real Exam Questions in 1Z0-1160-1 Oracle Fusion Cloud Applications ERP Foundations Associate - Rel 1 PDF Dumps Format
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Tags: 1Z0-1160-1 Exam Dumps Free, New 1Z0-1160-1 Test Notes, Free 1Z0-1160-1 Exam, 1Z0-1160-1 Real Questions, Best 1Z0-1160-1 Vce
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Oracle 1Z0-1160-1 Exam Syllabus Topics:
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Oracle Fusion Cloud Applications ERP Foundations Associate - Rel 1 Sample Questions (Q41-Q46):
NEW QUESTION # 41
Which two automation options are essential components of an efficient Customer Invoice to Receipt process, ensuring accuracy and timely payments?
- A. Collection Strategies help recover delinquent customer payments
- B. Receipts AutoMatch applies receipts to invoices and recommends possible invoices to which the receipt can be applied
- C. Auto Invoicing automates the creation and posting of invoices, reducing manual effort and potential errors
- D. Auto Reconciliation helps match customer receipts with copyright lines
Answer: B,C
Explanation:
Comprehensive and Detailed
Essential automation options are:
* Auto Invoicing (B): Automates invoice creation and posting, ensuring accuracy and speed.
* Receipts AutoMatch (C): Matches receipts to invoices automatically, improving timeliness.
* Collection Strategies (A): Focuses on delinquency, not invoicing/receipts.
* Auto Reconciliation (D): Relates to Cash Management, not the core process.
These enhance efficiency, as per the training.
NEW QUESTION # 42
Which two modules help generate accounting entries by directly integrating with the subledger accounting engine?
- A. Fixed Assets module, which streamlines asset lifecycle processes, from acquisition to retirement
- B. Advanced Collections module, which classifies delinquent customer balances and simplifies collection activities
- C. Expenses module, which organizes employee expense processes, ensuring accurate and timely reimbursements
- D. Accounts Payable module, which streamlines supplier invoice and payments functions
Answer: A,D
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
Which two features are part of Oracle Fusion Cloud ERP's Tax Reporting module?
- A. Supplier invoice validation
- B. Employee expense tracking
- C. Compliance with global tax regulations
- D. Automated tax calculations
Answer: C,D
Explanation:
Comprehensive and Detailed
Tax Reporting features include:
* Automated tax calculations (A): Computes taxes based on transactions and rules.
* Compliance with global tax regulations (D): Ensures adherence to international tax standards.
* Supplier invoice validation (B): Part of Payables.
* Employee expense tracking (C): Handled by Expenses.
These support tax compliance, as per the training.
NEW QUESTION # 44
Which two are key capabilities of the Plan to Delivery process that enable Project Managers to effectively achieve their project deliverables?
- A. Providing project planning, management, and scheduling functions to all individuals within the enterprise who are required to manage project-based work
- B. Engaging with team members to develop tasks, resolve issues, report progress, and monitor the status of projects
- C. Allowing employees to self-maintain their qualifications and proficiencies, contributing to a central source of truth
- D. Facilitating the accumulation of costs associated with the construction, installation, or acquisition of fixed assets
Answer: A,B
Explanation:
Comprehensive and Detailed
The Plan to Delivery process enables Project Managers with:
* Engaging with team members (A): Supports task development, issue resolution, and progress monitoring.
* Providing project planning, management, and scheduling (B): Offers tools for enterprise-wide project management.
* Self-maintaining qualifications (C): Relates to resource management, not delivery.
* Accumulating costs (D): Focuses on cost tracking, not delivery directly.
These capabilities ensure effective project execution, as per the training.
NEW QUESTION # 45
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. Customer collections management
- D. Resource allocation and utilization tracking
Answer: B,D
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 # 46
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