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Oracle Fusion Cloud Applications ERP Foundations Associate - Rel 1 Sample Questions (Q49-Q54):

NEW QUESTION # 49
Which two modules integrate with Oracle Fusion Cloud Payables for seamless financial operations?

A. Oracle Fusion Cloud Project Management
B. Oracle Fusion Cloud Receivables
C. Oracle Fusion Cloud Fixed Assets
D. Oracle Fusion Cloud Procurement

Answer: C,D

Explanation:
Comprehensive and Detailed
Payables integrates with:
* Oracle Fusion Cloud Procurement (B): Provides purchase order data for invoice matching and validation, ensuring seamless procurement-to-payment processes.
* Oracle Fusion Cloud Fixed Assets (C): Transfers asset purchase data from Payables for capitalization and lifecycle management.
* Receivables (A): Focuses on customer payments, not directly linked to Payables operations.
* Project Management (D): Integrates indirectly via costs, not core Payables functions.
These integrations streamline financial operations, as per the training.

NEW QUESTION # 50
What is the purpose of the Adoption Center in Oracle Cloud Success Navigator?

A. It offers a library of case studies and success stories from existing Oracle Cloud customers
B. It allows customers to explore new theme-based features and understand their innovation opportunities
C. It provides a platform for customers to submit feedback and suggest new features
D. It serves as a knowledge base containing FAQs and troubleshooting guides for common issues

Answer: B

Explanation:
Comprehensive and Detailed
The Adoption Center in Oracle Cloud Success Navigator is designed to:
* It allows customers to explore new theme-based features and understand their innovation opportunities (A): This is the primary purpose, providing resources on new features, updates, and innovation themes (e.g., AI, process enhancements) to help customers adopt and leverage advancements proactively.
* It serves as a knowledge base containing FAQs and troubleshooting guides (B): While support resources exist elsewhere, this is not the Adoption Center's core focus.
* It provides a platform for customers to submit feedback (C): Feedback submission is handled through other channels, not the Adoption Center.
* It offers a library of case studies (D): Case studies may be supplementary but are not the primary purpose.
This aligns with Oracle's goal of driving continuous innovation, as per the Success Navigator documentation.

NEW QUESTION # 51
Which two capabilities are provided by Oracle Fusion Cloud ERP's Fixed Assets module?

A. Employee expense management
B. Supplier invoice validation
C. Asset acquisition and retirement tracking
D. Depreciation calculation and reporting

Answer: C,D

Explanation:
Comprehensive and Detailed
Fixed Assets capabilities include:
* Asset acquisition and retirement tracking (A): Manages the asset lifecycle from purchase to disposal.
* Depreciation calculation and reporting (D): Automates depreciation and provides reports.
* Supplier invoice validation (B): Part of Payables.
* Employee expense management (C): Handled by Expenses.
These ensure asset management, as per the training.

NEW QUESTION # 52
What is the key benefit of embedding OMBPs in a Starter Configuration?

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

Answer: A

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 # 53
What is a key benefit of implementing the Capital Project to Asset process in an organization's financial management system?

A. Provides a structured framework to manage construction in progress costs, enabling efficient cost management and precise financial reporting
B. Ensures accurate and consistent depreciation expenses, ensuring project reports are reliable and compliant with accounting standards
C. Supports demand forecasting and capacity planning, helping organizations anticipate future resource needs

Answer: A

Explanation:
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.

NEW QUESTION # 54
......

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1Z0-1160-1 Valid Test Tips, 1Z0-1160-1 Latest Braindumps Free

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Oracle Fusion Cloud Applications ERP Foundations Associate - Rel 1 Sample Questions (Q49-Q54):

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