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Guide for 1Z0-1163-1: Prepare for Oracle Fusion Cloud Applications SCM Foundations Associate - Rel 1 Exam

Quiz 1Z0-1163-1: Prepare for Oracle Fusion Cloud Applications SCM Foundations Associate - Rel 1 Exam

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/ 10

Quiz

1/10
What is a key feature of the Supply Chain Orchestration process in Oracle Fusion Cloud SCM?
Select the answer
1 correct answer
A.
It only manages warehouse operations without linking to procurement or manufacturing.
B.
It automates the execution of supply chain tasks across different applications, ensuring end-to-end process integration.
C.
It provides a manual approach to tracking supply chain transactions.

Quiz

2/10
What is a primary function of Cost Accounting in Oracle Fusion Cloud SCM?
Select the answer
1 correct answer
A.
It prevents any fluctuations in material costs.
B.
It records only customer payments, excluding supplier invoices.
C.
It tracks and analyzes manufacturing costs to support financial reporting and decision-making.

Quiz

3/10
How can Oracle Fusion Applications ensure that supply planning recommendations reflect the latest
supplier information?
Select the answer
1 correct answer
A.
Implementing manual verification of supplier information before updating supply plans.
B.
Increasing reorder points in inventory management.
C.
By enabling real-time supplier collaboration to update supply planning with lead times and inventory availability.
D.
Using separate forecasting models for procurement and supply chain planning.

Quiz

4/10
What is a key advantage of the Production Order to Cost Update OMBP in Oracle Fusion Cloud SCM?
Select the answer
1 correct answer
A.
It enhances customer relationship management, leading to effective cost analysis.
B.
It automates the production process, requiring minimal human supervision.
C.
It provides accurate cost calculations, leading to better decision-making and improved profitability.
D.
It provides real-time cost updates, ensuring immediate financial benefits.

Quiz

5/10
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?
Select the answer
1 correct answer
A.
IDR and OCR enable automated routing of invoices to the appropriate approvers based on predefined rules and approval hierarchies.
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 help capture and extract data from invoices, automating the data entry process and reducing manual effort.
D.
IDR and OCR facilitate supplier registration by digitizing and organizing supplier information, including contact details and banking information.

Quiz

6/10
What is a primary advantage of the Replenishment Planning process in Oracle Fusion Cloud SCM?
Select the answer
1 correct answer
A.
It reduces supplier payment cycles.
B.
It guarantees inventory levels remain static regardless of demand fluctuations.
C.
It ensures optimal inventory levels by predicting demand and adjusting supply plans accordingly.

Quiz

7/10
What is the main purpose of the Supply Chain Collaboration feature in Oracle Fusion Cloud SCM?
Select the answer
1 correct answer
A.
It automates internal financial reporting without supplier interaction.
B.
It eliminates the need for supplier contracts.
C.
It enables real-time communication between suppliers and buyers for improved supply chain visibility.

Quiz

8/10
What is a key benefit of Supplier Qualification Management in Oracle Fusion Cloud SCM?
Select the answer
1 correct answer
A.
It only tracks supplier payments.
B.
It assesses and approves suppliers based on compliance and performance criteria.
C.
It eliminates supplier performance reviews.

Quiz

9/10
Which function does the Global Order Promising component serve in Oracle Fusion Cloud SCM?
Select the answer
1 correct answer
A.
It focuses only on local supplier availability.
B.
It provides real-time order promising based on supply and demand constraints.
C.
It guarantees order fulfillment within 24 hours.

Quiz

10/10
What is the function of Receipt Accounting in Oracle Fusion Cloud SCM?
Select the answer
1 correct answer
A.
It ensures supplier invoices are paid on time.
B.
It records the receipt of goods and services, creating accounting entries for financial reporting.
C.
It validates contract terms for procurement.
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  • Quiz name:1Z0-1163-1: Prepare for Oracle Fusion Cloud Applications SCM Foundations Associate - Rel 1 Exam
  • Total number of questions:51
  • Number of questions for the test:50
  • Pass score:80%

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