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Oracle Fusion Cloud Applications ERP Foundations Associate - Rel 1 Sample Questions (Q48-Q53):

NEW QUESTION # 48
Which two automation options are essential components of an efficient Customer Invoice to Receipt process, ensuring accuracy and timely payments?

A. Auto Reconciliation helps match customer receipts with bank statement lines
B. Receipts AutoMatch applies receipts to invoices and recommends possible invoices to which the receipt can be applied
C. Auto Invoicing automates the creation and posting of invoices, reducing manual effort and potential errors
D. Collection Strategies help recover delinquent customer payments

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.

NEW QUESTION # 49
Which three are key capabilities of Oracle Cloud Success Navigator?

A. It provides guidance for implementation
B. It is a place to renew your Oracle Cloud Service subscriptions
C. It offers guidance for continuous innovation
D. It offers preconfigured starter environments
E. It is a source of online product documentation

Answer: A,C,D

Explanation:
Comprehensive and Detailed
Oracle Cloud Success Navigator supports customers throughout their cloud journey with these key capabilities:
* It offers guidance for continuous innovation (A): Provides tools and recommendations for adopting new features and optimizing usage over time.
* It offers preconfigured starter environments (C): Includes Starter Configurations for rapid deployment and testing.
* It provides guidance for implementation (E): Offers best practice frameworks and tools to streamline setup and rollout.
* It is a place to renew your Oracle Cloud Service subscriptions (B): Subscription management is handled separately, not via Success Navigator.
* It is a source of online product documentation (D): Documentation exists elsewhere (e.g., Oracle Help Center), not as a primary capability here.
These features ensure effective adoption and management, as per the ERP Foundations training.

NEW QUESTION # 50
What is the role of the Oracle Fusion Cloud ERP Security Console?

A. To track project milestones and deliverables
B. To generate supplier invoices
C. To manage user roles and access controls
D. To automate financial reporting

Answer: C

Explanation:
Comprehensive and Detailed
The Security Console's role is:
* To manage user roles and access controls (A): Allows administrators to define, assign, and monitor user roles and permissions, ensuring secure access to ERP functions.
* Automate financial reporting (B): Handled by reporting tools, not Security Console.
* Track project milestones (C): Part of Project Management, not security.
* Generate supplier invoices (D): Managed by Payables, not Security Console.
This ensures system security, as per the training.

NEW QUESTION # 51
Which two modules integrate with Oracle Fusion Cloud Payables for seamless financial operations?

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

Answer: A,B

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 # 52
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 Fusion Applications Marketplace
D. Oracle Cloud Infrastructure (OCI)

Answer: A

Explanation:
Comprehensive and Detailed
The feature enabling real-time reporting is:
* Oracle Transactional Business Intelligence (OTBI) (A): Provides real-time dashboards and analytics based on transactional data, supporting financial insights.
* Oracle Fusion Middleware (B): A development platform, not for reporting.
* Oracle Cloud Infrastructure (OCI) (C): Underlying infrastructure, not a reporting tool.
* Oracle Fusion Applications Marketplace (D): For app extensions, not reporting.
This enhances decision-making, as per the training.

NEW QUESTION # 53
......

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