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Exam 1Z0-1160-1 Cram, 1Z0-1160-1 Exam Guide
This is a simple and portable document of real Oracle 1Z0-1160-1 Exam Questions. It contains actual Oracle 1Z0-1160-1 exam questions and answers and can be helpful for quick revision or for studying on the go. It is also printable so you can easily study on a hard copy of the pdf having a break from staring.
Oracle 1Z0-1160-1 Exam Syllabus Topics:
Topic
Details
Topic 1
- 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 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
- 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 4
- 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.
Topic 5
- 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.
Exam 1Z0-1160-1 Cram | Efficient Oracle 1Z0-1160-1: Oracle Fusion Cloud Applications ERP Foundations Associate - Rel 1
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Oracle Fusion Cloud Applications ERP Foundations Associate - Rel 1 Sample Questions (Q40-Q45):
NEW QUESTION # 40
What is the purpose of Oracle Fusion Cloud Receivables' AutoReceipt feature?
- A. It generates electronic invoices for customers based on their billing cycles
- B. It automatically applies payments to open invoices, reducing manual intervention
- C. It reconciles bank statements with accounts receivable balances
- D. It calculates sales tax based on customer locations
Answer: B
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 # 41
Which modules integrate with the Cash Management module for reconciliation between system transactions and bank statement lines?
- A. Oracle Fusion Cloud Advanced Collections and Oracle Fusion Cloud Lease Accounting
- B. Oracle Fusion Cloud Payables and Oracle Fusion Cloud Receivables
- C. Oracle Fusion Cloud Expenses and Oracle Fusion Cloud Fixed Assets
- D. Oracle Fusion Cloud Project Management and Oracle Fusion Cloud General Ledger
Answer: B
Explanation:
Comprehensive and Detailed
The Cash Management module reconciles transactions with bank statements using data from:
* Oracle Fusion Cloud Payables and Receivables (A): Payables provides outgoing payment data (e.g., supplier payments), and Receivables provides incoming payment data (e.g., customer receipts), both critical for reconciliation.
* Advanced Collections and Lease Accounting (B): These do not directly contribute to cash reconciliation.
* Project Management and General Ledger (C): General Ledger integrates indirectly, but Project Management is unrelated.
* Expenses and Fixed Assets (D): These feed through Payables or other modules, not directly.
This integration ensures accurate cash flow tracking, as per the training.
NEW QUESTION # 42
What is the purpose of the Oracle Fusion Cloud ERP Period Close process?
- A. To track employee expenses
- B. To automate supplier payments
- C. To manage customer collections
- D. To ensure accurate financial reporting at the end of accounting periods
Answer: D
Explanation:
Comprehensive and Detailed
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.
* Manage customer collections (D): Part of Collections.
This ensures financial accuracy, as per the training.
NEW QUESTION # 43
What is the primary purpose of Oracle Fusion Cloud ERP's Advanced Collections module?
- A. To automate customer collections and improve cash flow
- B. To track employee expenses
- C. To reconcile bank statements
- D. To manage supplier payments
Answer: A
Explanation:
Comprehensive and Detailed
The Advanced Collections module's purpose is:
* To automate customer collections and improve cash flow (B): Automates dunning and payment follow-ups to enhance cash recovery.
* Manage supplier payments (A): Handled by Payables.
* Track employee expenses (C): Managed by Expenses.
* Reconcile bank statements (D): Part of Cash Management.
This boosts cash flow, as per the training.
NEW QUESTION # 44
What is the key benefit of embedding OMBPs in a Starter Configuration?
- A. Provides a Fully Customized setup of Oracle Fusion Applications implementations
- B. Provides a Standard Configuration that supports solution-led implementation of Oracle Fusion Applications
- C. Provides a platform for customers to access third-party Oracle Fusion Applications Configurations
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 # 45
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