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Oracle Fusion Cloud Applications ERP Foundations Associate - Rel 1 Sample Questions (Q32-Q37):

NEW QUESTION # 32
Which two are key capabilities of Oracle Fusion Cloud ERP's Project Billing module?

A. Supplier invoice validation
B. Employee expense tracking
C. Revenue recognition and billing
D. Customer invoice generation

Answer: C,D

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 # 33
What are the key considerations in determining collection scoring for a customer?

A. Number of invoices issued per month that considers transaction volume and administrative burden
B. Customer location and business size that focuses on geographical and scale-related factors
C. Customer satisfaction ratings that examine customer engagement and their usage patterns
D. Payment behavior and credit risk that is centered around the customer's financial conduct and stability

Answer: D

Explanation:
Comprehensive and Detailed
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.
* Customer satisfaction (C): Unrelated to financial risk scoring.
This informs collection strategies, as per the training.

NEW QUESTION # 34
Which two capabilities of Oracle Fusion Cloud Applications are key to automating the collections process and improving overall efficiency?

A. Promise to Pay records customer promises to pay and automatically notifies the customer
B. Real-Time Analytics provide instant insights into customer payment trends, aiding in decision-making
C. Dunning Plans send personalized reminders and notices based on customer payment behavior
D. Collection Strategies allow the creation of customized collection plans tailored to different customer segments

Answer: A,C

Explanation:
Comprehensive and Detailed
Key automation capabilities in collections are:
* Dunning Plans (A): Automate personalized reminders based on payment behavior, enhancing efficiency.
* Promise to Pay (B): Records commitments and sends automated notifications, streamlining follow-ups.
* Real-Time Analytics (C): Provides insights but is not an automation feature.
* Collection Strategies (D): Customizes plans but is less about automation than execution.
These improve collections efficiency, as per the training.

NEW QUESTION # 35
Which two features are part of Oracle Fusion Cloud ERP's Project Management module?

A. Resource allocation and utilization tracking
B. Supplier invoice validation
C. Customer collections management
D. Project cost accounting and budgeting

Answer: A,D

Explanation:
Comprehensive and Detailed
Project Management features include:
* Resource allocation and utilization tracking (A): Manages resource assignment and usage.
* Project cost accounting and budgeting (C): Tracks and budgets project costs.
* Supplier invoice validation (B): Part of Payables.
* Customer collections management (D): Handled by Receivables/Collections.
These support project execution, as per the training.

NEW QUESTION # 36
What is the role of Oracle Fusion Cloud ERP's Smart View feature?

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

Answer: B

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 # 37
......

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