Oracle 1z0-1160-1 - Oracle Fusion Cloud Applications ERP Foundations Associate - Rel 1

Comprehensive and Detailed Explanation:

The Plan to Delivery process enables Project Managers with:

Engaging with team members (A):Supports task development, issue resolution, and progress monitoring.

Providing project planning, management, and scheduling (B):Offers tools for enterprise-wide project management.

Self-maintaining qualifications (C):Relates to resource management, not delivery.

Comprehensive and Detailed Explanation:

The Dunning Plans feature’s purpose is:

To send personalized reminders to customers for overdue payments (B):Automates collection notices based on payment behavior.

Automate supplier payments (A):Handled by Payables.

Track employee expenses (C):Managed by Expenses.

Comprehensive and Detailed Explanation:

Key considerations are:

Payment behavior and credit risk (D):Focuses on payment history and creditworthiness, critical for scoring.

Customer location and size (A):Secondary factors, not primary.

Number of invoices (B):Impacts volume, not scoring directly.

Comprehensive and Detailed Explanation:

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.

Comprehensive and Detailed Explanation:

The Lease Accounting module’s purpose is:

To track and report lease-related financial data (B):Ensures compliance with lease standards (e.g., IFRS 16, ASC 842) by tracking and reporting lease liabilities and assets.

Manage supplier contracts (A):Handled by Procurement.

Automate customer collections (C):Part of Collections.