Latest 1Z0-1160-1 Exam Guide - 1Z0-1160-1 PDF VCE

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Oracle Fusion Cloud Applications ERP Foundations Associate - Rel 1 Sample Questions (Q31-Q36):

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

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

Answer: C,D

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
What is the primary function of the Oracle Fusion Cloud ERP Cash Management module?

A. To automate customer invoicing
B. To manage supplier payments
C. To reconcile bank statements with system transactions
D. To track employee reimbursements

Answer: C

Explanation:
Comprehensive and Detailed
The primary function is:
* To reconcile bank statements with system transactions (B): Matches bank data with Payables and Receivables transactions for accurate cash tracking.
* Manage supplier payments (A): Handled by Payables.
* Track employee reimbursements (C): Part of Expenses.
* Automate customer invoicing (D): Managed by Receivables.
This ensures cash accuracy, as per the training.

NEW QUESTION # 33
What is the role of Oracle Fusion Cloud ERP's Intelligent Document Recognition (IDR) feature?

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

Answer: C

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 # 34
Which two features are part of Oracle Fusion Cloud ERP's Tax Reporting module?

A. Compliance with global tax regulations
B. Employee expense tracking
C. Automated tax calculations
D. Supplier invoice validation

Answer: A,C

Explanation:
Comprehensive and Detailed
Tax Reporting features include:
* Automated tax calculations (A): Computes taxes based on transactions and rules.
* Compliance with global tax regulations (D): Ensures adherence to international tax standards.
* Supplier invoice validation (B): Part of Payables.
* Employee expense tracking (C): Handled by Expenses.
These support tax compliance, as per the training.

NEW QUESTION # 35
Which two are benefits of using Oracle Fusion Cloud ERP's multi-tenant architecture?

A. Automatic updates and patches
B. Reduced infrastructure costs
C. Limited scalability
D. Custom hardware for each customer

Answer: A,B

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 # 36
......

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Latest 1Z0-1160-1 Exam Guide - 1Z0-1160-1 PDF VCE

1Z0-1160-1 PDF VCE | Reliable 1Z0-1160-1 Dumps Sheet

Oracle Fusion Cloud Applications ERP Foundations Associate - Rel 1 Sample Questions (Q31-Q36):

1Z0-1160-1 Exam Torrent & 1Z0-1160-1 Study Questions & 1Z0-1160-1 Valid Pdf

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