Free Practice Questions for Oracle 1z0-1160-1 Exam

Comprehensive and Detailed Explanation:

Smart View’s role is:

To enable interactive financial analysis in Excel (A):Allows users to analyze ERP data dynamically in Excel.

Automate supplier payments (B):Handled by Payables.

Track employee expenses (C):Managed by Expenses.

Comprehensive and Detailed Explanation:

The process is:

Journal Approval Workflow (B):Routes journals for approval to ensure policy compliance before posting.

Account Payables Validation (A):Relates to invoices, not journals.

Ledger Reconciliation (C):Reconciles accounts, not journal compliance.

Comprehensive and Detailed Explanation:

The primary purpose of Oracle Cloud Success Navigator is:

To provide a best practice framework with tools and guidance that support organizations in their Cloud journey (D):It offers a structured approach with resources like the Adoption Center and Starter Configurations to ensure successful implementation and ongoing optimization.

To offer a platform for reporting bugs (A):Bug reporting is managed via support systems, not Success Navigator.

To automate the migration of on-premises solutions (B):Migration tools exist separately; this is not its purpose.

Comprehensive and Detailed Explanation:

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.

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.