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1Z0-1160-1 Questions - Pass On First Try [2025]
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Oracle 1Z0-1160-1 Exam Syllabus Topics:
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Oracle Fusion Cloud Applications ERP Foundations Associate - Rel 1 Sample Questions (Q44-Q49):
NEW QUESTION # 44
Which two are benefits of using Oracle Fusion Cloud ERP's AutoInvoice feature?
Answer: A,B
Explanation:
Comprehensive and Detailed
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.
* Faster bank reconciliation (D): Handled by Cash Management.
These enhance invoicing efficiency, as per the training.
NEW QUESTION # 45
What is the primary purpose of Oracle Fusion Cloud ERP's Lease Accounting module?
Answer: C
Explanation:
Comprehensive and Detailed
The Lease Accounting module's purpose is:
* To track and report lease-related financial data (B): Ensures compliance with lease standards (e.g., IFRS 16, ASC 842) by tracking and reporting lease liabilities and assets.
* Manage supplier contracts (A): Handled by Procurement.
* Automate customer collections (C): Part of Collections.
* Reconcile bank statements (D): Managed by Cash Management.
This ensures compliance, as per the training.
NEW QUESTION # 46
Which two are benefits of using Oracle Fusion Cloud ERP's multi-tenant architecture?
Answer: A,B
Explanation:
Comprehensive and Detailed
Benefits of multi-tenant architecture include:
* Reduced infrastructure costs (A): Shared resources lower the cost of maintenance and hardware.
* Automatic updates and patches (C): Centralized updates ensure all tenants receive the latest features and fixes seamlessly.
* Custom hardware for each customer (B): Contrary to multi-tenancy's shared model.
* Limited scalability (D): Incorrect, as multi-tenancy enhances scalability.
These benefits optimize cost and maintenance, as per the training.
NEW QUESTION # 47
Which two are key benefits of using Oracle Fusion Cloud ERP's Dynamic Discounting feature?
Answer: A,B
Explanation:
Comprehensive and Detailed
Dynamic Discounting benefits include:
* Improved supplier relationships through early payment incentives (A): Suppliers get paid faster, strengthening ties.
* Optimized cash flow for buyers (D): Buyers save via discounts, improving cash flow.
* Automated customer collections (B): Unrelated to discounting.
* Reduced manual data entry (C): Related to IDR, not Dynamic Discounting.
These enhance financial efficiency, as per the training.
NEW QUESTION # 48
What is a key benefit of implementing the Capital Project to Asset process in an organization's financial management system?
Answer: C
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 # 49
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