1Z0-1160-1 CERTIFICATION DUMPS | NEW 1Z0-1160-1 TEST MATERIALS

1Z0-1160-1 Certification Dumps | New 1Z0-1160-1 Test Materials

1Z0-1160-1 Certification Dumps | New 1Z0-1160-1 Test Materials

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ITCertMagic 1Z0-1160-1 Web-Based Practice Test: For the Oracle Fusion Cloud Applications ERP Foundations Associate - Rel 1 (1Z0-1160-1) web-based practice exam no special software installation is required. Because it is a browser-based Oracle 1Z0-1160-1 practice test. The web-based Oracle Fusion Cloud Applications ERP Foundations Associate - Rel 1 (1Z0-1160-1) practice exam works on all operating systems like Mac, Linux, iOS, Android, and Windows. In the same way, IE, Firefox, Opera and Safari, and all the major browsers support the web-based 1Z0-1160-1 practice test.

Oracle Fusion Cloud Applications ERP Foundations Associate - Rel 1 Sample Questions (Q42-Q47):

NEW QUESTION # 42
What does the Compliant/Non-compliant Test Users metric in the Secure Role Design to User Access OMBP help determine?

  • A. User behavior, which allows administrators to optimize system security and user experience
  • B. Users who have access to key financial transactions, which helps detect high-risk transaction processes
  • C. The security clearance of individual users
  • D. Number of security awareness training programs conducted for the users of the application

Answer: B

Explanation:
Comprehensive and Detailed
The Compliant/Non-compliant Test Users metric determines:
* Users who have access to key financial transactions, which helps detect high-risk transaction processes (A): Identifies users with sensitive access, aiding risk and compliance management.
* Training programs (B): Unrelated to this metric.
* User behavior (C): Focuses on usage, not access risks.
* Security clearance (D): Not the metric's purpose.
This enhances security, as per the training.


NEW QUESTION # 43
How does the Average Days Delinquent (ADD) metric benefit a company's collection efforts?

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

Answer: C

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 # 44
What is the purpose of Oracle Fusion Cloud Receivables' AutoReceipt feature?

  • A. It reconciles bank statements with accounts receivable balances
  • B. It generates electronic invoices for customers based on their billing cycles
  • C. It automatically applies payments to open invoices, reducing manual intervention
  • D. It calculates sales tax based on customer locations

Answer: C

Explanation:
Comprehensive and Detailed
The purpose is:
* It automatically applies payments to open invoices, reducing manual intervention (A): Automates receipt application for efficiency.
* Generates electronic invoices (B): Relates to invoicing, not receipts.
* Reconciles bank statements (C): Handled by Cash Management.
* Calculates sales tax (D): Unrelated to receipts.
This improves efficiency, as per the training.


NEW QUESTION # 45
Which two modules help generate accounting entries by directly integrating with the subledger accounting engine?

  • A. Advanced Collections module, which classifies delinquent customer balances and simplifies collection activities
  • B. Expenses module, which organizes employee expense processes, ensuring accurate and timely reimbursements
  • C. Accounts Payable module, which streamlines supplier invoice and payments functions
  • D. Fixed Assets module, which streamlines asset lifecycle processes, from acquisition to retirement

Answer: C,D

Explanation:
Comprehensive and Detailed
The subledger accounting engine generates journal entries from transactional data in these modules:
* Accounts Payable module (A): Processes supplier invoices and payments, directly feeding data into the subledger accounting engine for accounting entries (e.g., liabilities, payments).
* Fixed Assets module (C): Manages asset transactions (e.g., acquisitions, depreciation), integrating with the subledger accounting engine to record entries.
* Advanced Collections module (B): Focuses on delinquency management, not direct accounting entry generation.
* Expenses module (D): Integrates indirectly via Payables or General Ledger, not directly with the subledger accounting engine.
This ensures accurate financial reporting, as per the ERP Foundations training.


NEW QUESTION # 46
What is the key benefit of embedding OMBPs in a Starter Configuration?

  • A. Provides a platform for customers to access third-party Oracle Fusion Applications Configurations
  • B. Provides a Standard Configuration that supports solution-led implementation of Oracle Fusion Applications
  • C. Provides a Fully Customized setup of Oracle Fusion Applications implementations

Answer: B

Explanation:
Comprehensive and Detailed
The key benefit is:
* Provides a Standard Configuration that supports solution-led implementation (A): OMBPs (Oracle Methodology Business Processes) in Starter Configurations offer prebuilt, best-practice setups for rapid deployment.
* Fully Customized setup (B): Not the goal; focuses on standardization.
* Third-party configurations (C): Not supported in Starter Configurations.
This accelerates implementation, as per the training.


NEW QUESTION # 47
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