Quiz 1Z0-1160-1 - High-quality Oracle Fusion Cloud Applications ERP Foundations Associate - Rel 1 Valid Mock Test

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Oracle 1Z0-1160-1 Exam Syllabus Topics:

Topic	Details
Topic 1	OMBPs for Projects: Designed for Project Delivery Managers, this section details workflows for project planning, resource allocation, and milestone tracking. It assesses expertise in integrating risk assessments, budget controls, and performance metrics like schedule adherence percentages and ROI calculations.
Topic 2	Cloud Success Navigator and Oracle Cloud Quality Standards: Focusing on Cloud Optimization Specialists, this domain explains accelerated deployment through prebuilt OMBP templates and starter configurations. It emphasizes quality benchmarks for system scalability, security posture validation, and alignment with industry-specific operational standards.
Topic 3	Oracle Cloud Applications and Oracle Modern Best Practice (OMBP): This section measures skills of ERP Implementation Architects and covers Oracle's SaaS solutions for ERP, supply chain, and human capital management, including AI-driven analytics and integrated data flows across modules. It addresses ERP suite capabilities like financial automation, IoT-enabled inventory tracking, and cross-functional process alignment using OCI's infrastructure.
Topic 4	OMBPs for Risk Management: This section validates the skills of Enterprise Risk Analysts in configuring risk identification frameworks, control testing protocols, and mitigation workflows. It covers design considerations for threat modeling and KPIs such as incident response times and compliance violation reduction rates.
Topic 5	OMBPs for Financials: Targeting Financial Process Designers, this domain outlines end-to-end financial workflows such as revenue cycle management, payment reconciliation, and regulatory reporting. It evaluates knowledge of cash flow optimization techniques, compliance frameworks, and KPIs like working capital efficiency and audit success rates.

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

NEW QUESTION # 29
Which two capabilities of Oracle Fusion Cloud Applications are key to automating the collections process and improving overall efficiency?

A. Real-Time Analytics provide instant insights into customer payment trends, aiding in decision-making
B. Dunning Plans send personalized reminders and notices based on customer payment behavior
C. Collection Strategies allow the creation of customized collection plans tailored to different customer segments
D. Promise to Pay records customer promises to pay and automatically notifies the customer

Answer: B,D

Explanation:
Comprehensive and Detailed
Key automation capabilities in collections are:
* Dunning Plans (A): Automate personalized reminders based on payment behavior, enhancing efficiency.
* Promise to Pay (B): Records commitments and sends automated notifications, streamlining follow-ups.
* Real-Time Analytics (C): Provides insights but is not an automation feature.
* Collection Strategies (D): Customizes plans but is less about automation than execution.
These improve collections efficiency, as per the training.

NEW QUESTION # 30
Which two benefits does the Resource Management dashboard provide to efficiently manage the Resource Analysis to Utilization process?

A. Project Health for analyzing the budget adherence and managing project cost
B. Unassigned Resources for analyzing percentage of unassigned hours compared to available hours
C. Project Milestones for tracking the milestones that are past due, at risk, or due soon
D. Projected Utilization for comparing projected utilization with a predefined target

Answer: B,D

Explanation:
Comprehensive and Detailed
The Resource Management dashboard provides:
* Unassigned Resources (A): Analyzes unassigned hours versus available hours, optimizing resource allocation.
* Projected Utilization (C): Compares projected utilization to targets, aiding in planning and efficiency.
* Project Milestones (B): Focuses on timelines, not resource utilization.
* Project Health (D): Relates to budget and cost, not utilization directly.
These benefits enhance resource management, as per the training.

NEW QUESTION # 31
Which two are benefits of using Oracle Fusion Cloud ERP's AutoInvoice feature?

A. Automated customer invoice generation
B. Improved supplier relationships
C. Reduced manual data entry
D. Faster bank reconciliation

Answer: A,C

Explanation:
Comprehensive and Detailed
AutoInvoice benefits include:
* Automated customer invoice generation (A): Creates invoices automatically from source data.
* Reduced manual data entry (B): Minimizes manual effort in invoicing.
* Improved supplier relationships (C): Related to Dynamic Discounting, not AutoInvoice.
* Faster bank reconciliation (D): Handled by Cash Management.
These enhance invoicing efficiency, as per the training.

NEW QUESTION # 32
How does the Average Days Delinquent (ADD) metric benefit a company's collection efforts?

A. ADD identifies potential cash flow risks and customer creditworthiness, enabling timely corrective actions
B. ADD calculates the total amount collected, helping set recovery targets for the collection team
C. ADD assesses the efficiency of the collection process by comparing collected and potentially collectible amounts

Answer: A

Explanation:
Comprehensive and Detailed
The ADD metric benefits collections by:
* Identifying potential cash flow risks and customer creditworthiness, enabling timely corrective actions (B): Measures average delinquency days to highlight risky accounts and inform collection strategies.
* Assessing efficiency (A): Focuses on amounts, not delinquency timing.
* Calculating total collected (C): Relates to recovery, not ADD's purpose.
This improves cash flow management, as per the training.

NEW QUESTION # 33
Which two are key benefits of using Oracle Fusion Cloud ERP's Dynamic Discounting feature?

A. Reduced manual data entry for supplier invoices
B. Improved supplier relationships through early payment incentives
C. Automated customer collections
D. Optimized cash flow for buyers

Answer: B,D

Explanation:
Comprehensive and Detailed
Dynamic Discounting benefits include:
* Improved supplier relationships through early payment incentives (A): Suppliers get paid faster, strengthening ties.
* Optimized cash flow for buyers (D): Buyers save via discounts, improving cash flow.
* Automated customer collections (B): Unrelated to discounting.
* Reduced manual data entry (C): Related to IDR, not Dynamic Discounting.
These enhance financial efficiency, as per the training.

NEW QUESTION # 34
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