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Oracle Fusion Cloud Applications ERP Foundations Associate - Rel 1 Sample Questions (Q20-Q25):

NEW QUESTION # 20
Which two capabilities are provided by Oracle Fusion Cloud ERP's Fixed Assets module?

A. Depreciation calculation and reporting
B. Asset acquisition and retirement tracking
C. Employee expense management
D. Supplier invoice validation

Answer: A,B

NEW QUESTION # 21
Which feature in Oracle Fusion Cloud ERP enables real-time financial reporting and analysis?

A. Oracle Transactional Business Intelligence (OTBI)
B. Oracle Cloud Infrastructure (OCI)
C. Oracle Fusion Middleware
D. Oracle Fusion Applications Marketplace

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 # 22
What is the role of Oracle Fusion Cloud ERP's Smart View feature?

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

Answer: C

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 # 23
What is the primary purpose of the Oracle Fusion Cloud ERP General Ledger module?

A. To provide a centralized repository for financial data and reporting
B. To automate customer collections and dunning processes
C. To track employee expenses and reimbursements
D. To manage supplier invoices and payments

Answer: A

Explanation:
Comprehensive and Detailed
The primary purpose of the General Ledger module is:
* To provide a centralized repository for financial data and reporting (C): It consolidates financial transactions from subledgers (e.g., Payables, Receivables) into a single source for accounting, reporting, and analysis.
* Manage supplier invoices (A): Handled by Payables, not General Ledger.
* Track employee expenses (B): Managed by the Expenses module.
* Automate customer collections (D): Part of Advanced Collections, not General Ledger.
This central role ensures financial accuracy, as per the training.

NEW QUESTION # 24
What is the role of Oracle Fusion Cloud ERP's Intelligent Document Recognition (IDR) feature?

A. To reconcile bank statements
B. To manage customer collections
C. To automate supplier invoice data extraction
D. To track employee expenses

Answer: C

Explanation:
Comprehensive and Detailed
IDR's role is:
* To automate supplier invoice data extraction (A): Scans and extracts invoice details (e.g., amounts, dates) for touchless processing.
* Track employee expenses (B): Handled by Expenses.
* Manage customer collections (C): Part of Collections.
* Reconcile bank statements (D): Managed by Cash Management.
This reduces manual effort, as per the training.

NEW QUESTION # 25
......

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Hal Shaw Hal Shaw

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