Oracle Oracle Fusion Cloud Applications ERP Foundations Associate - Rel 1 1z0-1160-1 Exam Dumps: Updated Questions & Answers (May 2025)

Comprehensive and Detailed Explanation:

Project Management features include:

Resource allocation and utilization tracking (A):Manages resource assignment and usage.

Project cost accounting and budgeting (C):Tracks and budgets project costs.

Supplier invoice validation (B):Part of Payables.

Comprehensive and Detailed Explanation:

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.

Comprehensive and Detailed Explanation:

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.

Comprehensive and Detailed Explanation:

The primary purpose of Oracle Cloud Success Navigator is:

To provide a best practice framework with tools and guidance that support organizations in their Cloud journey (D):It offers a structured approach with resources like the Adoption Center and Starter Configurations to ensure successful implementation and ongoing optimization.

To offer a platform for reporting bugs (A):Bug reporting is managed via support systems, not Success Navigator.

To automate the migration of on-premises solutions (B):Migration tools exist separately; this is not its purpose.

Comprehensive and Detailed Explanation:

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.

Comprehensive and Detailed Explanation:

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.

Comprehensive and Detailed Explanation:

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.

Comprehensive and Detailed Explanation:

The Plan to Delivery process enables Project Managers with:

Engaging with team members (A):Supports task development, issue resolution, and progress monitoring.

Providing project planning, management, and scheduling (B):Offers tools for enterprise-wide project management.

Self-maintaining qualifications (C):Relates to resource management, not delivery.

Comprehensive and Detailed Explanation:

Financial Reporting tools feature:

Real-time dashboards and analytics (A):Provide instant insights via OTBI.

Customizable financial statements (C):Allow tailored reporting formats.

Automated supplier invoice processing (B):Part of Payables, not reporting.

Comprehensive and Detailed Explanation:

Oracle Fusion Cloud ERP’s architecture is designed for scalability, security, and integration in a cloud environment. The three key components are:

Multi-tenant cloud infrastructure (B):Enables multiple customers to share the same application instance while keeping data isolated, reducing costs and improving efficiency.

Prebuilt integrations with third-party applications (C):Provides out-of-the-box connectivity with external systems, enhancing interoperability.

Scalable and secure cloud platform (D):Built on Oracle Cloud Infrastructure (OCI), it ensures scalability to handle varying workloads and robust security features.

On-premises database storage (A):Not a component, as Fusion Cloud ERP is fully cloud-based.