Free Oracle Fusion Cloud Applications ERP Foundations Associate – Rel 1 Exam 1Z0-1160-1 Exam Practice Test

How does Smart View add value to the Period Close to Financial Reports business process in Oracle Cloud?

• It enables interactive, multi-dimensional analysis of financial data within a familiar Excel environment
• It ensures faster processing of journal entries during the period close cycle
• It automates the generation of statutory financial reports, eliminating the need for manual data adjustments during the period close process
• It consolidates data exclusively from Oracle Transactional Business Intelligence (OTBI)

Which two features are part of Oracle Fusion Cloud ERP's Project Management module?

• Resource allocation and utilization tracking
• Supplier invoice validation
• Project cost accounting and budgeting
• Customer collections management

What is the primary purpose of Oracle Fusion Cloud ERP's Advanced Collections module?

• To manage supplier payments
• To automate customer collections and improve cash flow
• To track employee expenses
• To reconcile bank statements

Which two are key capabilities of the Plan to Delivery process that enable Project Managers to effectively achieve their project deliverables?

• Engaging with team members to develop tasks, resolve issues, report progress, and monitor thestatus of projects
• Providing project planning, management, and scheduling functions to all individuals within the enterprise who are required to manage project-based work
• Allowing employees to self-maintain their qualifications and proficiencies, contributing to a central source of truth
• Facilitating the accumulation of costs associated with the construction, installation, or acquisition of fixed assets

Which functionality in Oracle Fusion Cloud Payables ensures that supplier invoices are properly validated before payment processing?

• Invoice Matching and Validation
• Payment Holds
• Invoice Archiving
• Automated Tax Calculation

What is the purpose of the Oracle Fusion Cloud ERP Expenses module?

• To manage supplier contracts
• To track and reimburse employee expenses
• To automate customer collections
• To reconcile bank statements

Which three are key capabilities of Oracle Cloud Success Navigator?

• It offers guidance for continuous innovation
• It is a place to renew your Oracle Cloud Service subscriptions
• It offers preconfigured starter environments
• It is a source of online product documentation
• It provides guidance for implementation

What is the purpose of the Oracle Fusion Cloud ERP Period Close process?

• To automate supplier payments
• To ensure accurate financial reporting at the end of accounting periods
• To track employee expenses
• To manage customer collections

What is the purpose of the Oracle Fusion Cloud ERP Procurement module?

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

What is the purpose of Oracle Fusion Cloud ERP's Dunning Plans feature?

• To automate supplier payments
• To send personalized reminders to customers for overdue payments
• To track employee expenses
• To reconcile bank statements