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1z0-1163-1 Oracle Fusion Cloud Applications SCM Foundations Associate - Rel 1 Questions and Answers

Questions 4

Which feature in Oracle Fusion Cloud Procurement allows suppliers to manage invoices and purchase orders?

Options:

A.

Supplier Portal.

B.

Contract Fulfillment Automation.

C.

Intelligent Document Recognition (IDR).

D.

Receipt Accounting.

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Questions 5

Which activity is fundamental to the Insight to Sourcing OMBP, ensuring effective procurement and cost optimization?

Options:

A.

Idea Generation, which identifies market opportunities, incorporating trend analysis and internal innovation.

B.

Spend Analysis, which involves categorizing and analyzing historical spending data to identify cost-saving opportunities and strategic sourcing decisions.

C.

Performance Monitoring, which assesses supplier ability to meet quality and service standards by utilizing audits, inspections, or performance reviews.

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Questions 6

What is the primary purpose of the Production Order to Cost Update OMBP in Oracle Fusion Cloud SCM?

Options:

A.

It ensures immediate financial benefits through real-time cost updates.

B.

It enhances customer relationship management.

C.

It automates the production process without human supervision.

D.

It provides accurate cost calculations for better decision-making.

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Questions 7

What is the function of IDR (Intelligent Document Recognition) and OCR (Optical Character Recognition) in the invoice submission process in Oracle Fusion Cloud Procurement application?

Options:

A.

IDR and OCR enable automated routing of invoices to the appropriate approvers based on predefined rules and approval hierarchies.

B.

IDR and OCR enhance invoice validation by cross-referencing invoice data with purchase orders and contracts, ensuring accuracy and compliance.

C.

IDR and OCR help capture and extract data from invoices, automating the data entry process and reducing manual effort.

D.

IDR and OCR facilitate supplier registration by digitizing and organizing supplier information, including contact details and banking information.

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Questions 8

What is the primary objective of the Order Promising process in Oracle Fusion Cloud SCM?

Options:

A.

It only manages orders for direct-to-customer deliveries.

B.

It guarantees same-day shipping for all orders.

C.

It provides accurate order commitment dates based on supply and demand availability.

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Questions 9

What is the main purpose of the Supply Chain Collaboration feature in Oracle Fusion Cloud SCM?

Options:

A.

It automates internal financial reporting without supplier interaction.

B.

It eliminates the need for supplier contracts.

C.

It enables real-time communication between suppliers and buyers for improved supply chain visibility.

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Questions 10

Which function does the Global Order Promising component serve in Oracle Fusion Cloud SCM?

Options:

A.

It focuses only on local supplier availability.

B.

It provides real-time order promising based on supply and demand constraints.

C.

It guarantees order fulfillment within 24 hours.

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Questions 11

What is the function of Cost Rollup in Oracle Fusion Cloud SCM?

Options:

A.

It calculates the total cost of a product by aggregating material, labor, and overhead expenses.

B.

It tracks only direct labor expenses, excluding materials.

C.

It ensures material costs remain unchanged over time.

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Questions 12

What is the primary purpose of the Supplier Collaboration feature in Oracle Fusion Cloud Procurement?

Options:

A.

It eliminates the need for supplier performance reviews.

B.

It automates the creation of supplier contracts.

C.

It restricts suppliers from accessing invoice details.

D.

It allows suppliers to view and respond to purchase orders in real time.

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Questions 13

What is a key feature of the Supplier Portal in Oracle Fusion Cloud Procurement?

Options:

A.

It only provides access to purchase orders but not invoices.

B.

It allows suppliers to manage purchase orders, invoices, and collaboration in real time.

C.

It restricts suppliers from modifying their account details.

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Questions 14

Which feature in Oracle Fusion Cloud SCM tracks and manages real-time production processes?

Options:

A.

Supplier Qualification.

B.

Cost Accounting.

C.

Manufacturing Execution.

D.

Inventory Management.

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Questions 15

Which process in Oracle Fusion Cloud SCM ensures real-time communication between suppliers and buyers?

Options:

A.

Supplier Qualification.

B.

Supply Chain Collaboration.

C.

Cost Accounting.

D.

Manufacturing Execution.

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Exam Code: 1z0-1163-1
Exam Name: Oracle Fusion Cloud Applications SCM Foundations Associate - Rel 1
Last Update: Mar 29, 2025
Questions: 51

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