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Oracle Fusion Cloud Applications ERP Foundations Associate - Rel 1 Sample Questions (Q33-Q38):
NEW QUESTION # 33
Which two features are part of Oracle Fusion Cloud ERP's Project Costing module?
- A. Cost allocation and burdening
- B. Employee expense management
- C. Supplier invoice validation
- D. Budget tracking and control
Answer: A,D
Explanation:
Comprehensive and Detailed
Project Costing features include:
* Budget tracking and control (A): Monitors project budgets for cost oversight.
* Cost allocation and burdening (D): Distributes and aggregates costs, including indirect costs.
* Supplier invoice validation (B): Part of Payables.
* Employee expense management (C): Handled by Expenses.
These support cost management, as per the training.
ย
NEW QUESTION # 34
How does the Average Days Delinquent (ADD) metric benefit a company's collection efforts?
- A. ADD identifies potential cash flow risks and customer creditworthiness, enabling timely corrective actions
- B. ADD calculates the total amount collected, helping set recovery targets for the collection team
- C. ADD assesses the efficiency of the collection process by comparing collected and potentially collectible amounts
Answer: A
Explanation:
Comprehensive and Detailed
The ADD metric benefits collections by:
* Identifying potential cash flow risks and customer creditworthiness, enabling timely corrective actions (B): Measures average delinquency days to highlight risky accounts and inform collection strategies.
* Assessing efficiency (A): Focuses on amounts, not delinquency timing.
* Calculating total collected (C): Relates to recovery, not ADD's purpose.
This improves cash flow management, as per the training.
ย
NEW QUESTION # 35
What is the purpose of the Oracle Fusion Cloud ERP Expenses module?
- A. To manage supplier contracts
- B. To track and reimburse employee expenses
- C. To reconcile bank statements
- D. To automate customer collections
Answer: B
Explanation:
Comprehensive and Detailed
The Expenses module's purpose is:
* To track and reimburse employee expenses (B): Manages expense submissions, approvals, and reimbursements.
* Manage supplier contracts (A): Part of Procurement.
* Automate customer collections (C): Handled by Advanced Collections.
* Reconcile bank statements (D): Managed by Cash Management.
This streamlines expense processes, as per the training.
ย
NEW QUESTION # 36
Which two AI features facilitate touchless Supplier Invoice capture in the Supplier Invoice to Payment process?
- A. Oracle Expense Digital Assistant
- B. Intelligent Account Code Combination Defaulting
- C. Intelligent Dynamic Early Payment Discounts
- D. Intelligent Document Recognition (IDR)
Answer: B,D
Explanation:
Comprehensive and Detailed
AI features for touchless invoice capture are:
* Intelligent Account Code Combination Defaulting (C): Automatically assigns account codes, reducing manual input.
* Intelligent Document Recognition (IDR) (D): Scans and extracts invoice data (e.g., amounts, dates), enabling automation.
* Intelligent Dynamic Early Payment Discounts (A): Relates to payments, not capture.
* Oracle Expense Digital Assistant (B): Specific to expenses, not supplier invoices.
These enable touchless processing, as per the training.
ย
NEW QUESTION # 37
What is the role of Oracle Fusion Cloud ERP's Smart View feature?
- A. To automate supplier payments
- B. To enable interactive financial analysis in Excel
- C. To manage customer collections
- D. To track employee expenses
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.
ย
NEW QUESTION # 38
......
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