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Oracle Fusion Cloud Applications ERP Foundations Associate - Rel 1 Sample Questions (Q29-Q34):

NEW QUESTION # 29
Which two are key capabilities of Oracle Fusion Cloud ERP's Project Billing module?

A. Supplier invoice validation
B. Customer invoice generation
C. Employee expense tracking
D. Revenue recognition and billing

Answer: B,D

Explanation:
Comprehensive and Detailed
Project Billing capabilities include:
* Customer invoice generation (A): Creates invoices based on project work.
* Revenue recognition and billing (B): Manages revenue and billing schedules.
* Supplier invoice validation (C): Part of Payables.
* Employee expense tracking (D): Handled by Expenses.
These support project revenue, as per the training.

NEW QUESTION # 30
What is the purpose of the Oracle Fusion Cloud ERP Procurement module?

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

Answer: C

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 # 31
What is a key benefit of implementing the Capital Project to Asset process in an organization's financial management system?

A. Provides a structured framework to manage construction in progress costs, enabling efficient cost management and precise financial reporting
B. Supports demand forecasting and capacity planning, helping organizations anticipate future resource needs
C. Ensures accurate and consistent depreciation expenses, ensuring project reports are reliable and compliant with accounting standards

Answer: A

Explanation:
Comprehensive and Detailed
A key benefit is:
* Provides a structured framework to manage construction in progress costs, enabling efficient cost management and precise financial reporting (C): Tracks costs during asset construction for accurate capitalization and reporting.
* Demand forecasting (A): Unrelated to this process.
* Depreciation expenses (B): A downstream benefit, not the primary focus.
This improves financial accuracy, as per the training.

NEW QUESTION # 32
Which three are key capabilities of Oracle Cloud Success Navigator?

A. It is a place to renew your Oracle Cloud Service subscriptions
B. It provides guidance for implementation
C. It offers preconfigured starter environments
D. It offers guidance for continuous innovation
E. It is a source of online product documentation

Answer: B,C,D

Explanation:
Comprehensive and Detailed
Oracle Cloud Success Navigator supports customers throughout their cloud journey with these key capabilities:
* It offers guidance for continuous innovation (A): Provides tools and recommendations for adopting new features and optimizing usage over time.
* It offers preconfigured starter environments (C): Includes Starter Configurations for rapid deployment and testing.
* It provides guidance for implementation (E): Offers best practice frameworks and tools to streamline setup and rollout.
* It is a place to renew your Oracle Cloud Service subscriptions (B): Subscription management is handled separately, not via Success Navigator.
* It is a source of online product documentation (D): Documentation exists elsewhere (e.g., Oracle Help Center), not as a primary capability here.
These features ensure effective adoption and management, as per the ERP Foundations training.

NEW QUESTION # 33
Which two are key features of Oracle Fusion Cloud ERP's Financial Reporting tools?

A. Real-time dashboards and analytics
B. Automated supplier invoice processing
C. Customizable financial statements
D. Employee expense tracking

Answer: A,C

Explanation:
Comprehensive and Detailed
Financial Reporting tools feature:
* Real-time dashboards and analytics (A): Provide instant insights via OTBI.
* Customizable financial statements (C): Allow tailored reporting formats.
* Automated supplier invoice processing (B): Part of Payables, not reporting.
* Employee expense tracking (D): Managed by Expenses.
These enhance reporting flexibility, as per the training.

NEW QUESTION # 34
......

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Free PDF Quiz 1Z0-1160-1 - Oracle Fusion Cloud Applications ERP Foundations Associate - Rel 1–High Pass-Rate New Test Questions

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Oracle Fusion Cloud Applications ERP Foundations Associate - Rel 1 Sample Questions (Q29-Q34):

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