Important Oracle 1Z0-1160-1 Exam Questions

Answer: A

Explanation:

Comprehensive and Detailed

The Compliant/Non-compliant Test Users metric determines:

* Users who have access to key financial transactions, which helps detect high-risk transaction processes (A): Identifies users with sensitive access, aiding risk and compliance management.

* Training programs (B): Unrelated to this metric.

* User behavior (C): Focuses on usage, not access risks.

* Security clearance (D): Not the metric's purpose.

This enhances security, as per the training.

Answer: D

Explanation:

Comprehensive and Detailed

Key considerations are:

* Payment behavior and credit risk (D): Focuses on payment history and creditworthiness, critical for scoring.

* Customer location and size (A): Secondary factors, not primary.

* Number of invoices (B): Impacts volume, not scoring directly.

* Customer satisfaction (C): Unrelated to financial risk scoring.

This informs collection strategies, as per the training.

Answer: B, C

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.

Answer: B, C

Explanation:

Comprehensive and Detailed

Essential automation options are:

* Auto Invoicing (B): Automates invoice creation and posting, ensuring accuracy and speed.

* Receipts AutoMatch (C): Matches receipts to invoices automatically, improving timeliness.

* Collection Strategies (A): Focuses on delinquency, not invoicing/receipts.

* Auto Reconciliation (D): Relates to Cash Management, not the core process.

These enhance efficiency, as per the training.

Answer: B

Explanation:

Comprehensive and Detailed

The Procurement module's purpose is:

* To streamline supplier sourcing, purchasing, and contract management (B): Manages supplier relationships, purchase orders, and contracts efficiently.

* Manage customer invoices (A): Handled by Receivables.

* Track employee expenses (C): Managed by Expenses.

* Automate project cost accounting (D): Part of Project Costing.

This optimizes procurement, as per the training.