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1Z0-1160-1 Test Dumps Free | Valid 1Z0-1160-1 Exam Guide
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Oracle Fusion Cloud Applications ERP Foundations Associate - Rel 1 Sample Questions (Q47-Q52):
NEW QUESTION # 47
Which two are benefits of using Oracle Fusion Cloud ERP's multi-tenant architecture?
- A. Custom hardware for each customer
- B. Limited scalability
- C. Reduced infrastructure costs
- D. Automatic updates and patches
Answer: C,D
Explanation:
Comprehensive and Detailed
Benefits of multi-tenant architecture include:
* Reduced infrastructure costs (A): Shared resources lower the cost of maintenance and hardware.
* Automatic updates and patches (C): Centralized updates ensure all tenants receive the latest features and fixes seamlessly.
* Custom hardware for each customer (B): Contrary to multi-tenancy's shared model.
* Limited scalability (D): Incorrect, as multi-tenancy enhances scalability.
These benefits optimize cost and maintenance, as per the training.
NEW QUESTION # 48
What is the purpose of the Oracle Fusion Cloud ERP Period Close process?
- A. To ensure accurate financial reporting at the end of accounting periods
- B. To manage customer collections
- C. To automate supplier payments
- D. To track employee expenses
Answer: A
Explanation:
Comprehensive and Detailed
The Period Close process's purpose is:
* To ensure accurate financial reporting at the end of accounting periods (B): Finalizes transactions and balances for reporting compliance.
* Automate supplier payments (A): Handled by Payables.
* Track employee expenses (C): Managed by Expenses.
* Manage customer collections (D): Part of Collections.
This ensures financial accuracy, as per the training.
NEW QUESTION # 49
What are the key considerations in determining collection scoring for a customer?
- A. Customer location and business size that focuses on geographical and scale-related factors
- B. Number of invoices issued per month that considers transaction volume and administrative burden
- C. Payment behavior and credit risk that is centered around the customer's financial conduct and stability
- D. Customer satisfaction ratings that examine customer engagement and their usage patterns
Answer: C
Explanation:
Comprehensive and Detailed
Key considerations are:
* Payment behavior and credit risk (D): Focuses on payment history and creditworthiness, critical for scoring.
* Customer location and size (A): Secondary factors, not primary.
* Number of invoices (B): Impacts volume, not scoring directly.
* Customer satisfaction (C): Unrelated to financial risk scoring.
This informs collection strategies, as per the training.
NEW QUESTION # 50
Which two capabilities are provided by Oracle Fusion Cloud ERP's Fixed Assets module?
- A. Depreciation calculation and reporting
- B. Employee expense management
- C. Asset acquisition and retirement tracking
- D. Supplier invoice validation
Answer: A,C
Explanation:
Comprehensive and Detailed
Fixed Assets capabilities include:
* Asset acquisition and retirement tracking (A): Manages the asset lifecycle from purchase to disposal.
* Depreciation calculation and reporting (D): Automates depreciation and provides reports.
* Supplier invoice validation (B): Part of Payables.
* Employee expense management (C): Handled by Expenses.
These ensure asset management, as per the training.
NEW QUESTION # 51
What is the role of the Oracle Fusion Cloud ERP Security Console?
- A. To track project milestones and deliverables
- B. To manage user roles and access controls
- C. To generate supplier invoices
- D. To automate financial reporting
Answer: B
Explanation:
Comprehensive and Detailed
The Security Console's role is:
* To manage user roles and access controls (A): Allows administrators to define, assign, and monitor user roles and permissions, ensuring secure access to ERP functions.
* Automate financial reporting (B): Handled by reporting tools, not Security Console.
* Track project milestones (C): Part of Project Management, not security.
* Generate supplier invoices (D): Managed by Payables, not Security Console.
This ensures system security, as per the training.
NEW QUESTION # 52
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