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

Comprehensive and Detailed Explanation:

IDR automates the process by:

Scanning and extracting relevant invoice data, reducing manual data entry (A):Extracts key fields (e.g., amounts, dates) for automated processing.

Direct integration without validation (B):Incorrect, as validation is still required.

Comprehensive and Detailed Explanation:

A Starter Configuration in Oracle Fusion Cloud Applications is a prebuilt environment designed to accelerate implementation by providing foundational elements. The three features included are:

Artificial Intelligence capabilities (A):Embedded AI features, such as predictive analytics and automation, are part of the Starter Configuration to enhance efficiency and decision-making from the outset.

Sample master data and transaction data (B):Preloaded sample data simulates real-world scenarios, enabling users to test processes and functionalities without needing live customer data initially.

Configuration of Oracle Cloud Applications (D):Preconfigured setups aligned with best practices ensure that core Oracle Cloud Applications are ready for use or minor adjustments.

Customer production data (C):This is not included, as Starter Configurations focus on generic setups rather than live, customer-specific data.

Comprehensive and Detailed Explanation:

The feature enabling real-time reporting is:

Oracle Transactional Business Intelligence (OTBI) (A):Provides real-time dashboards and analytics based on transactional data, supporting financial insights.

Oracle Fusion Middleware (B):A development platform, not for reporting.

Oracle Cloud Infrastructure (OCI) (C):Underlying infrastructure, not a reporting tool.

Comprehensive and Detailed Explanation:

Oracle Fusion Cloud ERP’s architecture is designed for scalability, security, and integration in a cloud environment. The three key components are:

Multi-tenant cloud infrastructure (B):Enables multiple customers to share the same application instance while keeping data isolated, reducing costs and improving efficiency.

Prebuilt integrations with third-party applications (C):Provides out-of-the-box connectivity with external systems, enhancing interoperability.

Scalable and secure cloud platform (D):Built on Oracle Cloud Infrastructure (OCI), it ensures scalability to handle varying workloads and robust security features.

On-premises database storage (A):Not a component, as Fusion Cloud ERP is fully cloud-based.

Comprehensive and Detailed Explanation:

Dynamic Discounting’s primary role is:

Offers early payment incentives, optimizing cash flow and strengthening supplier relationships (B):Buyers pay early for discounts, improving their cash flow, while suppliers gain faster payments, enhancing relationships.

Real-time tracking (A):Supports visibility, not the core role.