Oracle 1Z0-1160-1 Exam Dumps

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.

Comprehensive and Detailed

The Security Console's role is:

* To manage user roles and access controls (A): Allows administrators to define, assign, and monitor user roles and permissions, ensuring secure access to ERP functions.

* Automate financial reporting (B): Handled by reporting tools, not Security Console.

* Track project milestones (C): Part of Project Management, not security.

* Generate supplier invoices (D): Managed by Payables, not Security Console.

This ensures system security, as per the training.

Comprehensive and Detailed

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.

* Optimizing cash flow (C): Not IDR's role; relates to payment strategies.

This reduces manual effort, as per the training.

Comprehensive and Detailed

Project Costing features include:

* Budget tracking and control (A): Monitors project budgets for cost oversight.

* Cost allocation and burdening (D): Distributes and aggregates costs, including indirect costs.

* Supplier invoice validation (B): Part of Payables.

* Employee expense management (C): Handled by Expenses.

These support cost management, as per the training.

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.