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Oracle Fusion Cloud Applications ERP Foundations Associate - Rel 1 Sample Questions (Q38-Q43):
NEW QUESTION # 38
Which two are key capabilities of Oracle Fusion Cloud ERP's Project Billing module?
- A. Customer invoice generation
- B. Supplier invoice validation
- C. Revenue recognition and billing
- D. Employee expense tracking
Answer: A,C
Explanation:
Comprehensive and Detailed
Project Billing capabilities include:
* Customer invoice generation (A): Creates invoices based on project work.
* Revenue recognition and billing (B): Manages revenue and billing schedules.
* Supplier invoice validation (C): Part of Payables.
* Employee expense tracking (D): Handled by Expenses.
These support project revenue, as per the training.
NEW QUESTION # 39
What is the role of the Oracle Fusion Cloud ERP Security Console?
- A. To generate supplier invoices
- B. To automate financial reporting
- C. To track project milestones and deliverables
- D. To manage user roles and access controls
Answer: D
Explanation:
Comprehensive and Detailed
The Security Console's role is:
* To manage user roles and access controls (A): Allows administrators to define, assign, and monitor user roles and permissions, ensuring secure access to ERP functions.
* Automate financial reporting (B): Handled by reporting tools, not Security Console.
* Track project milestones (C): Part of Project Management, not security.
* Generate supplier invoices (D): Managed by Payables, not Security Console.
This ensures system security, as per the training.
NEW QUESTION # 40
What is the purpose of the Oracle Fusion Cloud ERP Procurement module?
- A. To streamline supplier sourcing, purchasing, and contract management
- B. To track employee expenses
- C. To automate project cost accounting
- D. To manage customer invoices and payments
Answer: A
Explanation:
Comprehensive and Detailed
The Procurement module's purpose is:
* To streamline supplier sourcing, purchasing, and contract management (B): Manages supplier relationships, purchase orders, and contracts efficiently.
* Manage customer invoices (A): Handled by Receivables.
* Track employee expenses (C): Managed by Expenses.
* Automate project cost accounting (D): Part of Project Costing.
This optimizes procurement, as per the training.
NEW QUESTION # 41
Which two features are part of Oracle Fusion Cloud ERP's Receivables module?
- A. Customer invoice generation
- B. Supplier payment processing
- C. Customer collections management
- D. Employee expense tracking
Answer: A,C
Explanation:
Comprehensive and Detailed
Receivables features include:
* Customer invoice generation (A): Creates and manages customer invoices.
* Customer collections management (C): Handles payment follow-ups and collections.
* Supplier payment processing (B): Part of Payables.
* Employee expense tracking (D): Managed by Expenses.
These support revenue management, as per the training.
NEW QUESTION # 42
Which two features are part of Oracle Fusion Cloud ERP's Project Costing module?
- A. Cost allocation and burdening
- B. Budget tracking and control
- C. Supplier invoice validation
- D. Employee expense management
Answer: A,B
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.
NEW QUESTION # 43
......
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