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Oracle Fusion Cloud Applications ERP Foundations Associate - Rel 1 Sample Questions (Q43-Q48):

NEW QUESTION # 43
What is the role of Oracle Fusion Cloud ERP's Smart View feature?

A. To automate supplier payments
B. To manage customer collections
C. To track employee expenses
D. To enable interactive financial analysis in Excel

Answer: D

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 # 44
Which three are key capabilities of Oracle Cloud Success Navigator?

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

Answer: B,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 # 45
What is the purpose of Oracle Fusion Cloud ERP's Account Reconciliation feature?

A. To automate supplier payments
B. To ensure accurate reconciliation of financial accounts
C. To manage customer collections
D. To track employee expenses

Answer: B

Explanation:
Comprehensive and Detailed
The Account Reconciliation feature's purpose is:
* To ensure accurate reconciliation of financial accounts (B): Matches account balances with source data for accuracy.
* Automate supplier payments (A): Handled by Payables.
* Track employee expenses (C): Managed by Expenses.
* Manage customer collections (D): Part of Collections.
This ensures financial integrity, as per the training.

NEW QUESTION # 46
Which two are benefits of using Oracle Fusion Cloud ERP's AutoInvoice feature?

A. Automated customer invoice generation
B. Reduced manual data entry
C. Improved supplier relationships
D. Faster bank reconciliation

Answer: A,B

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 # 47
What does the Compliant/Non-compliant Test Users metric in the Secure Role Design to User Access OMBP help determine?

A. Users who have access to key financial transactions, which helps detect high-risk transaction processes
B. The security clearance of individual users
C. Number of security awareness training programs conducted for the users of the application
D. User behavior, which allows administrators to optimize system security and user experience

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.

NEW QUESTION # 48
......

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