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Oracle Fusion Cloud Applications ERP Foundations Associate - Rel 1 Sample Questions (Q37-Q42):
NEW QUESTION # 37
What is the primary function of the Oracle Fusion Cloud ERP Cash Management module?
Answer: C
Explanation:
Comprehensive and Detailed
The primary function is:
* To reconcile bank statements with system transactions (B): Matches bank data with Payables and Receivables transactions for accurate cash tracking.
* Manage supplier payments (A): Handled by Payables.
* Track employee reimbursements (C): Part of Expenses.
* Automate customer invoicing (D): Managed by Receivables.
This ensures cash accuracy, as per the training.
NEW QUESTION # 38
Which two are key features of Oracle Fusion Cloud ERP's Financial Reporting tools?
Answer: A,D
Explanation:
Comprehensive and Detailed
Financial Reporting tools feature:
* Real-time dashboards and analytics (A): Provide instant insights via OTBI.
* Customizable financial statements (C): Allow tailored reporting formats.
* Automated supplier invoice processing (B): Part of Payables, not reporting.
* Employee expense tracking (D): Managed by Expenses.
These enhance reporting flexibility, as per the training.
NEW QUESTION # 39
What is the role of Oracle Fusion Cloud ERP's Smart View feature?
Answer: B
Explanation:
Comprehensive and Detailed
Smart View's role is:
* To enable interactive financial analysis in Excel (A): Allows users to analyze ERP data dynamically in Excel.
* Automate supplier payments (B): Handled by Payables.
* Track employee expenses (C): Managed by Expenses.
* Manage customer collections (D): Part of Collections.
This improves analysis, as per the training.
NEW QUESTION # 40
Which three features are included in a Starter Configuration?
Answer: B,C,D
Explanation:
Comprehensive and Detailed
A Starter Configuration in Oracle Fusion Cloud Applications is a prebuilt environment designed to accelerate implementation by providing foundational elements. The three features included are:
* Artificial Intelligence capabilities (A): Embedded AI features, such as predictive analytics and automation, are part of the Starter Configuration to enhance efficiency and decision-making from the outset.
* Sample master data and transaction data (B): Preloaded sample data simulates real-world scenarios, enabling users to test processes and functionalities without needing live customer data initially.
* Configuration of Oracle Cloud Applications (D): Preconfigured setups aligned with best practices ensure that core Oracle Cloud Applications are ready for use or minor adjustments.
* Customer production data (C): This is not included, as Starter Configurations focus on generic setups rather than live, customer-specific data.
* Customization of standard features (E): While customization is possible post-implementation, it is not a default feature of the Starter Configuration, which prioritizes standard configurations.
These elements support a rapid, solution-led deployment, as detailed in the Oracle ERP Foundations training.
NEW QUESTION # 41
Which two are benefits of using Oracle Fusion Cloud ERP's AutoInvoice feature?
Answer: C,D
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 # 42
......
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