Free Practice Oracle 1Z0-1160-1 Exam Questions 2025

Stay ahead with 100% Free Oracle Fusion Cloud Applications ERP Foundations Associate - Rel 1 1Z0-1160-1 Dumps Practice Questions

Page: 1 / 11

Total 53 Questions | Updated On: Feb 18, 2025

Add To Cart

Question 1

What is the primary purpose of Oracle Fusion Cloud ERP's Lease Accounting module?

A : To manage supplier contracts

B : To track and report lease-related financial data

C : To automate customer collections

D : To reconcile bank statements

Answer: B

Question 2

Which modules integrate with the Cash Management module for reconciliation between system transactions and bank statement lines?

A : Oracle Fusion Cloud Payables and Oracle Fusion Cloud Receivables

B : Oracle Fusion Cloud Advanced Collections and Oracle Fusion Cloud Lease Accounting

C : Oracle Fusion Cloud Project Management and Oracle Fusion Cloud General Ledger

D : Oracle Fusion Cloud Expenses and Oracle Fusion Cloud Fixed Assets

Answer: A

Question 3

Which functionality in Oracle Fusion Cloud Payables ensures that supplier invoices are properly validated before payment processing?

A : Invoice Matching and Validation

B : Payment Holds

C : Invoice Archiving

D : Automated Tax Calculation

Answer: A

Question 4

What is the primary purpose of Oracle Fusion Cloud ERP's Lease Accounting module?

A : To manage supplier contracts

B : To track and report lease-related financial data

C : To automate customer collections

D : To reconcile bank statements

Answer: B

Question 5

How does the Average Days Delinquent (ADD) metric benefit a company's collection efforts?

A : ADD assesses the efficiency of the collection process by comparing collected and potentially collectible amounts

B : ADD identifies potential cash flow risks and customer creditworthiness, enabling timely corrective actions

C : ADD calculates the total amount collected, helping set recovery targets for the collection team

Answer: B

Page: 1 / 11

Total 53 Questions | Updated On: Feb 18, 2025

Add To Cart