Online 1Z0-1163-1 Practice Test

Question 1

What is the primary function of the Supplier Portal in Oracle Fusion Cloud Procurement?

Options :

A : It only provides access to purchase orders but not invoices.

B : It eliminates the need for supplier performance reviews.

C : It restricts suppliers from modifying their account details.

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

Answer: D

Question 2

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

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

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

Answer: A

Question 3

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.

Answer: A

Question 4

What is a key advantage of the Production Order to Cost Update OMBP in Oracle Fusion Cloud SCM?

Options :

A : It provides accurate cost calculations, leading to better decision-making and improved profitability.

B : It enhances customer relationship management, leading to effective cost analysis.

C : It automates the production process, requiring minimal human supervision.

D : It provides real-time cost updates, ensuring immediate financial benefits.

Answer: A

Question 5

Which key metric measures the effectiveness of the Demand to Management OMBP in OracleFusion CloudSCM?

Options :

A : Customer Acquisition Cost, assesses the expense of attracting new customers.

B : Employee Turnover Rate, tracks employee retentiong stability and workforcedynamics—

C : Order Fill Rate, measures the percentage oftustomerorders fulfilled without delay.

D : Forecast Accuracy, evaluates theprecision of demand predictions againstactua] market demand—

Answer: D

EXPERTY DESIGNED 1Z0-1163-1 PRACTICE TEST