Oracle 1Z0-1160-1 Quiz 1 Topic 2 Questions 1-5

Question: 1

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

ACustomer invoice generation

BRevenue recognition and billing

CSupplier invoice validation

DEmployee expense tracking

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Question: 2

What is the primary purpose of Oracle Fusion Cloud ERP's Lease Accounting module?

ATo manage supplier contracts

BTo track and report lease-related financial data

CTo automate customer collections

DTo reconcile bank statements

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Question: 3

How does Intelligent Document Recognition (IDR) help automate the Supplier Invoice to Payment (SP) process?

AIDR scans and extracts relevant invoice data, such as amounts, supplier names, and invoice dates, reducing the need for manual data entry

BIDR integrates supplier invoices directly into the accounting system without the need for further validation or processing

CIDR helps optimize cash flow by automatically categorizing invoices into high-priority or low-priority payments

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Question: 4

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

ACustomer invoice generation

BSupplier payment processing

CCustomer collections management

DEmployee expense tracking

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Question: 5

Which modules integrate with the Cash Management module for reconciliation between system transactions and bank statement lines?

AOracle Fusion Cloud Payables and Oracle Fusion Cloud Receivables

BOracle Fusion Cloud Advanced Collections and Oracle Fusion Cloud Lease Accounting

COracle Fusion Cloud Project Management and Oracle Fusion Cloud General Ledger

DOracle Fusion Cloud Expenses and Oracle Fusion Cloud Fixed Assets

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Oracle 1Z0-1160-1 Quiz:1 Topic:2 Questions:1-5