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1z0-1160-1 Questions and Answers

Question # 6

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

A.

Users who have access to key financial transactions, which helps detect high-risk transaction processes

B.

Number of security awareness training programs conducted for the users of the application

C.

User behavior, which allows administrators to optimize system security and user experience

D.

The security clearance of individual users

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Question # 7

Which feature in Oracle Fusion Cloud ERP enables real-time financial reporting and analysis?

A.

Oracle Transactional Business Intelligence (OTBI)

B.

Oracle Fusion Middleware

C.

Oracle Cloud Infrastructure (OCI)

D.

Oracle Fusion Applications Marketplace

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Question # 8

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

A.

Budget tracking and control

B.

Supplier invoice validation

C.

Employee expense management

D.

Cost allocation and burdening

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Question # 9

Which financial module integrates with the Fixed Assets module for recording asset purchases in the Asset Acquisition to Retirement process?

A.

Oracle Fusion Cloud Payables

B.

Oracle Fusion Cloud Receivables

C.

Oracle Fusion Cloud Expenses

D.

Oracle Fusion Cloud Cash Management

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Question # 10

How does the Optical Character Recognition (OCR) capability in the Expense Management module enable employees to easily submit expenses?

A.

Expense receipts are created from a mobile application

B.

Expense receipts are automatically extracted and captured from a trip itinerary

C.

Expense receipts in an email are automatically extracted and captured in an expense report

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Question # 11

Which process in Oracle Fusion Cloud Financials ensures that journal entries comply with accounting policies before posting?

A.

Account Payables Validation

B.

Journal Approval Workflow

C.

Ledger Reconciliation

D.

Financial Closing Automation

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Question # 12

Which two modules help generate accounting entries by directly integrating with the subledger accounting engine?

A.

Accounts Payable module, which streamlines supplier invoice and payments functions

B.

Advanced Collections module, which classifies delinquent customer balances and simplifies collection activities

C.

Fixed Assets module, which streamlines asset lifecycle processes, from acquisition to retirement

D.

Expenses module, which organizes employee expense processes, ensuring accurate and timely reimbursements

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Question # 13

Which two capabilities of the Project Cost to Accounting process help in managing the indirect cost on projects?

A.

Calculation Manager helps transfer balances from a source account to target accounts

B.

Burdening provides the aggregate of raw and burden costs to represent the total cost of doing business accurately

C.

Allocation helps distribute actual amounts from project sources, ledger sources, or fixed amounts to target projects

D.

Capital Events helps group assets and costs on a project

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Question # 14

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

A.

Supports demand forecasting and capacity planning, helping organizations anticipate future resource needs

B.

Ensures accurate and consistent depreciation expenses, ensuring project reports are reliable and compliant with accounting standards

C.

Provides a structured framework to manage construction in progress costs, enabling efficient cost management and precise financial reporting

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Question # 15

Which two are key capabilities of Oracle Fusion Cloud ERP's Project Billing module?

A.

Customer invoice generation

B.

Revenue recognition and billing

C.

Supplier invoice validation

D.

Employee expense tracking

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