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Title of test: 1z0-1160-1 Description: Oracle Fusion Cloud Applications ERP Foundations Certified Author: LilDwarf Other tests from this author Creation Date: 26/03/2025 Category: Computers Number of questions: 25

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Which two components are key for a successful OMBP implementation plan? Provides a platform for customers to access third part Oracle Fusion Applications configurations Provides a standard configuration that supports solutioned implementation of Oracle Fusion Applications Provides a fully customized setup of Oracle Fusion Applications implementations. Which two components are key for a successful OMBP implementation plan? Legacy system modernization strategies Employee onboarding and training materials Key Performance Indicators (KPIs) Process flow visualization and documentation. Which two benefits does the Resource Management dashboard provide to efficiently manage the Resource Analysis to Utilization OMBP? Project Health for analyzing budget adherence and managing project costs Project Milestones for tracking the milestones that are past due, at risk, or due soon Unassigned Resources for analyzing the percentage of unassigned hours compared to available hours Projected Utilization for comparing projected utilization with a predefined target. What is the primary advantage of utilizing the Project Progress metrics in the Plan to Delivery OMBP? It helps track the milestones that are past due, at risk, or due soon It helps review the percentage of work completed on projects and task exceptions It facilitates the monitoring of critical projects, offering insights into budget compliance. How does the Average Days Delinquent (ADD) metric benefit a company's collection efforts? ADD calculates the total amount collected, helping set recovery targets for the collection team ADD assesses the efficiency of the collection process by comparing collected and potentially collectible amounts ADD identifies potential cash flow risks and customer credit worthiness, enabling timely corrective actions. Which three features are included in a Starter Configuration? Configuration of Oracle Cloud Application Sample master data and transaction data Artificial Intelligence capabilities Customization of standard features Customer production data. Which three are key capabilities of Oracle Cloud Success Navigator? It's a place to renew your Oracle Cloud Service subscriptions It offers guidance for continuous innovation It offers preconfigured starter environments It is a source of online product documentation It provides guidance for implementation. What is the primary purpose of Oracle Cloud Success Navigator? To automate the migration of on-premises solution to Oracle Cloud To provision Oracle Cloud Applications To offer a platform for reporting bugs and issues with Oracle Cloud products To provide a best practice framework with tools and guidance that support organizations in their Cloud journey. What is a key benefit of implementing the Capital Project to Asset OMBP in an organization's financial management system? Support demand forecasting and capacity planning, helping organizations anticipate future resource needs Ensures accurate and consistent depreciation expenses, ensuring project reports are reliable and compliant with accounting standards Provides a structured framework to manage construction-in-progress costs, enabling efficient cost management and precise financial reporting. Which two capabilities of the Project Cost to Accounting OMBP help in managing the indirect cost on projects? Calculation Manager helps transfer balances from a source account to target accounts Burdening provides the aggregate of raw and burden costs to represent the total cost of doing business accurately Capital Events helps group assets and costs on a project Allocation helps distribute actual amounts from project sources, ledger sources, or fixed amounts to target projects. Which two are key capabilities of the Plan to Delivery OMBP that enable Project Managers to effectively achieve their project deliverables? Allowing employees to self-maintain their qualifications and proficiencies, contributing to a central source of truth Engaging with team members to develop tasks, resolve issues, report progress, and monitor the status of projects Providing project planning, management, and scheduling functions to all individuals within the enterprise who are required to manage project-based work Facilitating the accumulation of costs associated with the construction, or acquisition of fixed assets. What does the Compliant/Noncompliant Test Users metric in the Secure Role Design to User Access OMBP help determine? Users who have access to key financial transactions, which helps detect high-risk transaction processes Number of security awareness training programs conducted for the users of the application User behavior, which allows administrators to optimize system security and user experience. Which two automation options are essential components of an efficient Customer Invoice to Receipt process, ensuring accuracy and timely payments? Auto Invoicing automates the creation and posting of invoices, reducing manual effort and potential errors Receipts AutoMatch applies receipts to invoices and recommends possible invoices to which the receipt can be applied Collection Strategies help recover delinquent customer payments Auto reconciliation helps match customer receipts with bank statement lines. How does Intelligent Document Recognition (IDR) help automate the Supplier Invoice to Payment (SIP) process? IDR scans and extracts relevant invoice data, such as amounts, supplier names, and invoice dates, reducing the need for manual data entry IDR helps optimize cash flow by automatically categorizing invoices into high-priority or low-priority payments IDR integrates supplier invoices directly into the accounting system without the need for further validation or processing. Which financial module integrates with the Fixed Assets module for recording asset purchases in the Asset Acquisition to Retirement process? Oracle Fusion Cloud Cash Management Oracle Fusion Cloud Payables Oracle Fusion Cloud Expenses Oracle Fusion Cloud Receivables. Which modules integrate with the Cash Management module for reconciliation between system transactions and bank statement lines in the Bank Transaction to Cash Position OMBP? Oracle Fusion Cloud Expenses and Oracle Fusion Cloud Fixed Assets Oracle Fusion Cloud Project Management and Oracle Fusion Cloud General Ledger Oracle Fusion Cloud Payables and Oracle Fusion Cloud Receivables Oracle Fusion Cloud Advanced Collections and Oracle Fusion Cloud Lease Accounting. Which capability in Oracle Fusion Cloud Expenses helps ensure policy compliance and reduces the need for manual verification? Automated expense categorization Mileage tracking and calculation Digital receipt matching Realtime policy enforcement. What is the primary role of Dynamic Discounting in the Supplier Invoice to Payment process, and how does it benefit both buyers and suppliers? Offers early payment incentives, optimizing cash flow and strengthening supplier relationships Provides realtime payments tracking, ensuring timely settlements Facilitates electronic invoicing, improving data accuracy. How does SmartView add value to the Period Close to Financial reports business process in Oracle Cloud? It consolidates data exclusively from Oracle Transactional Business Intelligence (OTBI) It ensures faster processing of journal entries during the period close cycle It enables interactive, multidimensional analysis of financial data within a familiar Excel environment It automates the generation of statutory financial reports, eliminating the need for manual data adjustments during the period close process. What are the key considerations in determining collection scoring for a customer? Payment behavior and credit risk that is entered around for customer's financial conduct and stability Customer satisfaction ratings that examine customer engagement and their usage patterns Customer location and business size that focuses on geographical and scale related factors Number of invoices issued per month that considers transaction volume and administrative burden. How does the Optical Character Recognition capability in the Expense Management module enable employees to easily submit expenses? Expense receipts are created from a mobile application Expense receipts in an email are automatically extracted and captured in an expense report Expense receipts are automatically extracted and captured from a trip itinerary. Which two AI features facilitate touchless Supplier Invoice capture in the Supplier Invoice to Payment OMBP? Intelligent Dynamic Early Payment Discounts Oracle Expense Digital Assistant Intelligent Document Recognition (IDR) Intelligent Account Code Combination Defaulting. Which two are key benefits of leveraging the Project Cost to Accounting OMBP for assessing project costs? Provides a seamless interface to capture and transfer project related transactions from other Oracle Fusion Applications and external applications Provides robust search capabilities that align resource demand with qualifications, resumes, and availability of project resources Manages indirect costs easily on projects for cost monitoring Helps team members to manage administrative and project work in a single view. Which financial module integrates with the Fixed Assets module for recording asset purchases in the Asset Acquisition to Retirement process? Oracle Fusion Cloud Cash Management Oracle Fusion Cloud Payables Oracle Fusion Cloud Expenses Oracle fusion Cloud Receivables. Which modules integrate with the Cash Management module for reconciliation between system transactions and bank statements lines in the Bank Transaction to Cash Position OMBP? Oracle Fusion Cloud Expenses and Oracle Fusion Cloud Fixed Assets Oracle Fusion Cloud Project Management and oracle Fusion Cloud General Ledger Oracle Fusion Cloud Payables and Oracle Fusion Cloud Receivables Oracle Fusion Cloud Advanced Collections and Oracle Fusion Cloud Lease Accounting.

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