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  1. Home
  2. Oracle Certification
  3. 1Z0-1160-1 Exam
  4. Oracle.1Z0-1160-1.v2025-06-05.q19 Dumps
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Question 11

What is a key benefit of implementing the Capital Project to Asset process in an organization's financial management system?

Correct Answer: C
Comprehensive and Detailed
A key benefit is:
* Provides a structured framework to manage construction in progress costs, enabling efficient cost management and precise financial reporting (C): Tracks costs during asset construction for accurate capitalization and reporting.
* Demand forecasting (A): Unrelated to this process.
* Depreciation expenses (B): A downstream benefit, not the primary focus.
This improves financial accuracy, as per the training.
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Question 12

What is the purpose of Oracle Fusion Cloud ERP's Account Reconciliation feature?

Correct Answer: B
Comprehensive and Detailed
The Account Reconciliation feature's purpose is:
* To ensure accurate reconciliation of financial accounts (B): Matches account balances with source data for accuracy.
* Automate supplier payments (A): Handled by Payables.
* Track employee expenses (C): Managed by Expenses.
* Manage customer collections (D): Part of Collections.
This ensures financial integrity, as per the training.
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Question 13

Which two capabilities of Oracle Fusion Cloud Applications are key to automating the collections process and improving overall efficiency?

Correct Answer: A,B
Comprehensive and Detailed
Key automation capabilities in collections are:
* Dunning Plans (A): Automate personalized reminders based on payment behavior, enhancing efficiency.
* Promise to Pay (B): Records commitments and sends automated notifications, streamlining follow-ups.
* Real-Time Analytics (C): Provides insights but is not an automation feature.
* Collection Strategies (D): Customizes plans but is less about automation than execution.
These improve collections efficiency, as per the training.
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Question 14

What is the role of Oracle Fusion Cloud ERP's Smart View feature?

Correct Answer: A
Comprehensive and Detailed
Smart View's role is:
* To enable interactive financial analysis in Excel (A): Allows users to analyze ERP data dynamically in Excel.
* Automate supplier payments (B): Handled by Payables.
* Track employee expenses (C): Managed by Expenses.
* Manage customer collections (D): Part of Collections.
This improves analysis, as per the training.
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Question 15

Which two features are part of Oracle Fusion Cloud ERP's Receivables module?

Correct Answer: A,C
Comprehensive and Detailed
Receivables features include:
* Customer invoice generation (A): Creates and manages customer invoices.
* Customer collections management (C): Handles payment follow-ups and collections.
* Supplier payment processing (B): Part of Payables.
* Employee expense tracking (D): Managed by Expenses.
These support revenue management, as per the training.
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