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| Topic |
Details |
| Topic 1 |
- 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 2 |
- 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 3 |
- 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 4 |
- 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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| Topic 5 |
- 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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Oracle Fusion Cloud Applications ERP Foundations Associate - Rel 1 Sample Questions (Q49-Q54):
NEW QUESTION # 49
Which two features are part of Oracle Fusion Cloud ERP's Tax Reporting module?
- A. Compliance with global tax regulations
- B. Automated tax calculations
- C. Supplier invoice validation
- D. Employee expense tracking
Answer: A,B
Explanation:
Comprehensive and Detailed
Tax Reporting features include:
* Automated tax calculations (A): Computes taxes based on transactions and rules.
* Compliance with global tax regulations (D): Ensures adherence to international tax standards.
* Supplier invoice validation (B): Part of Payables.
* Employee expense tracking (C): Handled by Expenses.
These support tax compliance, as per the training.
NEW QUESTION # 50
Which two capabilities of Oracle Fusion Cloud Applications are key to automating the collections process and improving overall efficiency?
- A. Real-Time Analytics provide instant insights into customer payment trends, aiding in decision-making
- B. Dunning Plans send personalized reminders and notices based on customer payment behavior
- C. Promise to Pay records customer promises to pay and automatically notifies the customer
- D. Collection Strategies allow the creation of customized collection plans tailored to different customer segments
Answer: B,C
Explanation:
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.
NEW QUESTION # 51
What does the Compliant/Non-compliant Test Users metric in the Secure Role Design to User Access OMBP help determine?
- A. User behavior, which allows administrators to optimize system security and user experience
- B. Users who have access to key financial transactions, which helps detect high-risk transaction processes
- C. The security clearance of individual users
- D. Number of security awareness training programs conducted for the users of the application
Answer: B
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 # 52
What is the purpose of Oracle Fusion Cloud Receivables' AutoReceipt feature?
- A. It calculates sales tax based on customer locations
- B. It automatically applies payments to open invoices, reducing manual intervention
- C. It reconciles bank statements with accounts receivable balances
- D. It generates electronic invoices for customers based on their billing cycles
Answer: B
Explanation:
Comprehensive and Detailed
The purpose is:
* It automatically applies payments to open invoices, reducing manual intervention (A): Automates receipt application for efficiency.
* Generates electronic invoices (B): Relates to invoicing, not receipts.
* Reconciles bank statements (C): Handled by Cash Management.
* Calculates sales tax (D): Unrelated to receipts.
This improves efficiency, as per the training.
NEW QUESTION # 53
How does the Optical Character Recognition (OCR) capability in the Expense Management module enable employees to easily submit expenses?
- A. Expense receipts in an email are automatically extracted and captured in an expense report
- B. Expense receipts are automatically extracted and captured from a trip itinerary
- C. Expense receipts are created from a mobile application
Answer: A
Explanation:
Comprehensive and Detailed
OCR in Expense Management:
* Expense receipts in an email are automatically extracted and captured in an expense report (C): Scans emailed receipts to populate expense reports, reducing manual entry.
* Created from a mobile app (A): Involves manual input, not OCR's primary role.
* Extracted from a trip itinerary (B): Not a standard OCR function.
This simplifies expense submission, as per the training.
NEW QUESTION # 54
......
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