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| Topic |
Details |
| Topic 1 |
- OMBPs for Projects: Designed for Project Delivery Managers, this section details workflows for project planning, resource allocation, and milestone tracking. It assesses expertise in integrating risk assessments, budget controls, and performance metrics like schedule adherence percentages and ROI calculations.
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| Topic 2 |
- OMBPs for Financials: Targeting Financial Process Designers, this domain outlines end-to-end financial workflows such as revenue cycle management, payment reconciliation, and regulatory reporting. It evaluates knowledge of cash flow optimization techniques, compliance frameworks, and KPIs like working capital efficiency and audit success rates.
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| Topic 3 |
- Cloud Success Navigator and Oracle Cloud Quality Standards: Focusing on Cloud Optimization Specialists, this domain explains accelerated deployment through prebuilt OMBP templates and starter configurations. It emphasizes quality benchmarks for system scalability, security posture validation, and alignment with industry-specific operational standards.
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| Topic 4 |
- OMBPs for Risk Management: This section validates the skills of Enterprise Risk Analysts in configuring risk identification frameworks, control testing protocols, and mitigation workflows. It covers design considerations for threat modeling and KPIs such as incident response times and compliance violation reduction rates.
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| Topic 5 |
- Oracle Cloud Applications and Oracle Modern Best Practice (OMBP): This section measures skills of ERP Implementation Architects and covers Oracle's SaaS solutions for ERP, supply chain, and human capital management, including AI-driven analytics and integrated data flows across modules. It addresses ERP suite capabilities like financial automation, IoT-enabled inventory tracking, and cross-functional process alignment using OCI's infrastructure.
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Oracle Fusion Cloud Applications ERP Foundations Associate - Rel 1 Sample Questions (Q24-Q29):
NEW QUESTION # 24
Which modules integrate with the Cash Management module for reconciliation between system transactions and bank statement lines?
- A. Oracle Fusion Cloud Payables and Oracle Fusion Cloud Receivables
- B. Oracle Fusion Cloud Expenses and Oracle Fusion Cloud Fixed Assets
- C. Oracle Fusion Cloud Project Management and Oracle Fusion Cloud General Ledger
- D. Oracle Fusion Cloud Advanced Collections and Oracle Fusion Cloud Lease Accounting
Answer: A
Explanation:
Comprehensive and Detailed
The Cash Management module reconciles transactions with bank statements using data from:
* Oracle Fusion Cloud Payables and Receivables (A): Payables provides outgoing payment data (e.g., supplier payments), and Receivables provides incoming payment data (e.g., customer receipts), both critical for reconciliation.
* Advanced Collections and Lease Accounting (B): These do not directly contribute to cash reconciliation.
* Project Management and General Ledger (C): General Ledger integrates indirectly, but Project Management is unrelated.
* Expenses and Fixed Assets (D): These feed through Payables or other modules, not directly.
This integration ensures accurate cash flow tracking, as per the training.
NEW QUESTION # 25
What is the purpose of Oracle Fusion Cloud ERP's Account Reconciliation feature?
- A. To automate supplier payments
- B. To manage customer collections
- C. To track employee expenses
- D. To ensure accurate reconciliation of financial accounts
Answer: D
Explanation:
Comprehensive and Detailed
The Account Reconciliation feature's purpose is:
* To ensure accurate reconciliation of financial accounts (B): Matches account balances with source data for accuracy.
* Automate supplier payments (A): Handled by Payables.
* Track employee expenses (C): Managed by Expenses.
* Manage customer collections (D): Part of Collections.
This ensures financial integrity, as per the training.
NEW QUESTION # 26
What does the Compliant/Non-compliant Test Users metric in the Secure Role Design to User Access OMBP help determine?
- A. Number of security awareness training programs conducted for the users of the application
- B. The security clearance of individual users
- C. User behavior, which allows administrators to optimize system security and user experience
- D. Users who have access to key financial transactions, which helps detect high-risk transaction processes
Answer: D
Explanation:
Comprehensive and Detailed
The Compliant/Non-compliant Test Users metric determines:
* Users who have access to key financial transactions, which helps detect high-risk transaction processes (A): Identifies users with sensitive access, aiding risk and compliance management.
* Training programs (B): Unrelated to this metric.
* User behavior (C): Focuses on usage, not access risks.
* Security clearance (D): Not the metric's purpose.
This enhances security, as per the training.
NEW QUESTION # 27
Which two are key features of Oracle Fusion Cloud ERP's Financial Reporting tools?
- A. Real-time dashboards and analytics
- B. Customizable financial statements
- C. Employee expense tracking
- D. Automated supplier invoice processing
Answer: A,B
Explanation:
Comprehensive and Detailed
Financial Reporting tools feature:
* Real-time dashboards and analytics (A): Provide instant insights via OTBI.
* Customizable financial statements (C): Allow tailored reporting formats.
* Automated supplier invoice processing (B): Part of Payables, not reporting.
* Employee expense tracking (D): Managed by Expenses.
These enhance reporting flexibility, as per the training.
NEW QUESTION # 28
Which three are key capabilities of Oracle Cloud Success Navigator?
- A. It is a place to renew your Oracle Cloud Service subscriptions
- B. It offers guidance for continuous innovation
- C. It provides guidance for implementation
- D. It offers preconfigured starter environments
- E. It is a source of online product documentation
Answer: B,C,D
Explanation:
Comprehensive and Detailed
Oracle Cloud Success Navigator supports customers throughout their cloud journey with these key capabilities:
* It offers guidance for continuous innovation (A): Provides tools and recommendations for adopting new features and optimizing usage over time.
* It offers preconfigured starter environments (C): Includes Starter Configurations for rapid deployment and testing.
* It provides guidance for implementation (E): Offers best practice frameworks and tools to streamline setup and rollout.
* It is a place to renew your Oracle Cloud Service subscriptions (B): Subscription management is handled separately, not via Success Navigator.
* It is a source of online product documentation (D): Documentation exists elsewhere (e.g., Oracle Help Center), not as a primary capability here.
These features ensure effective adoption and management, as per the ERP Foundations training.
NEW QUESTION # 29
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