High-quality 1Z0-1160-1 Cert Exam - Easy and Guaranteed 1Z0-1160-1 Exam Success

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Oracle Fusion Cloud Applications ERP Foundations Associate - Rel 1 Sample Questions (Q22-Q27):

NEW QUESTION # 22
Which two features are part of Oracle Fusion Cloud ERP's Receivables module?

A. Supplier payment processing
B. Customer invoice generation
C. Customer collections management
D. Employee expense tracking

Answer: B,C

Explanation:
Comprehensive and Detailed
Receivables features include:
* Customer invoice generation (A): Creates and manages customer invoices.
* Customer collections management (C): Handles payment follow-ups and collections.
* Supplier payment processing (B): Part of Payables.
* Employee expense tracking (D): Managed by Expenses.
These support revenue management, as per the training.

NEW QUESTION # 23
Which two are key benefits of leveraging the Project Cost to Accounting OMBP for assessing project costs?

A. Helps Team Members to manage administrative and project work in a single view
B. Provides a seamless interface to capture and transfer project-related transactions from other Oracle Fusion Applications and External Applications
C. Manages indirect cost easily on projects for cost monitoring
D. Provides robust search capabilities that align resource demand with qualifications, resumes, and availability of project resources

Answer: B,C

Explanation:
Comprehensive and Detailed
Key benefits are:
* Seamless interface for transactions (B): Integrates project data from various sources for accurate cost capture.
* Manages indirect costs easily (C): Simplifies burden and allocation for total cost visibility.
* Single view for team members (A): Unrelated to cost assessment.
* Robust search capabilities (D): Relates to resource management, not costs.
This enhances cost management, as per the training.
Reference:
*

NEW QUESTION # 24
What is the role of Oracle Fusion Cloud ERP's Intelligent Document Recognition (IDR) feature?

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

Answer: B

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 # 25
What is the primary purpose of Oracle Fusion Cloud ERP's Lease Accounting module?

A. To automate customer collections
B. To track and report lease-related financial data
C. To manage supplier contracts
D. To reconcile bank statements

Answer: B

Explanation:
Comprehensive and Detailed
The Lease Accounting module's purpose is:
* To track and report lease-related financial data (B): Ensures compliance with lease standards (e.g., IFRS 16, ASC 842) by tracking and reporting lease liabilities and assets.
* Manage supplier contracts (A): Handled by Procurement.
* Automate customer collections (C): Part of Collections.
* Reconcile bank statements (D): Managed by Cash Management.
This ensures compliance, as per the training.

NEW QUESTION # 26
Which two features are part of Oracle Fusion Cloud ERP's Project Management module?

A. Project cost accounting and budgeting
B. Resource allocation and utilization tracking
C. Customer collections management
D. Supplier invoice validation

Answer: A,B

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 # 27
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High-quality 1Z0-1160-1 Cert Exam - Easy and Guaranteed 1Z0-1160-1 Exam Success

Pass Guaranteed 1Z0-1160-1 - The Best Oracle Fusion Cloud Applications ERP Foundations Associate - Rel 1 Cert Exam

Oracle Fusion Cloud Applications ERP Foundations Associate - Rel 1 Sample Questions (Q22-Q27):

Pass Guaranteed 2025 Reliable 1Z0-1160-1: Oracle Fusion Cloud Applications ERP Foundations Associate - Rel 1 Cert Exam

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