1z0-1160-1 Practice Questions

Comprehensive and Detailed Explanation:

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.

Comprehensive and Detailed Explanation:

AutoInvoice benefits include:

Automated customer invoice generation (A):Creates invoices automatically from source data.

Reduced manual data entry (B):Minimizes manual effort in invoicing.

Improved supplier relationships (C):Related to Dynamic Discounting, not AutoInvoice.

Comprehensive and Detailed Explanation:

The Plan to Delivery process enables Project Managers with:

Engaging with team members (A):Supports task development, issue resolution, and progress monitoring.

Providing project planning, management, and scheduling (B):Offers tools for enterprise-wide project management.

Self-maintaining qualifications (C):Relates to resource management, not delivery.

Comprehensive and Detailed Explanation:

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.

Comprehensive and Detailed Explanation:

Payables integrates with:

Oracle Fusion Cloud Procurement (B):Provides purchase order data for invoice matching and validation, ensuring seamless procurement-to-payment processes.

Oracle Fusion Cloud Fixed Assets (C):Transfers asset purchase data from Payables for capitalization and lifecycle management.

Receivables (A):Focuses on customer payments, not directly linked to Payables operations.

Comprehensive and Detailed Explanation:

Essential automation options are:

Auto Invoicing (B):Automates invoice creation and posting, ensuring accuracy and speed.

Receipts AutoMatch (C):Matches receipts to invoices automatically, improving timeliness.

Collection Strategies (A):Focuses on delinquency, not invoicing/receipts.