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Oracle Fusion Cloud Applications ERP Foundations Associate - Rel 1 Sample Questions (Q43-Q48):

NEW QUESTION # 43
What is the purpose of the Adoption Center in Oracle Cloud Success Navigator?

A. It offers a library of case studies and success stories from existing Oracle Cloud customers
B. It serves as a knowledge base containing FAQs and troubleshooting guides for common issues
C. It provides a platform for customers to submit feedback and suggest new features
D. It allows customers to explore new theme-based features and understand their innovation opportunities

Answer: D

Explanation:
Comprehensive and Detailed
The Adoption Center in Oracle Cloud Success Navigator is designed to:
* It allows customers to explore new theme-based features and understand their innovation opportunities (A): This is the primary purpose, providing resources on new features, updates, and innovation themes (e.g., AI, process enhancements) to help customers adopt and leverage advancements proactively.
* It serves as a knowledge base containing FAQs and troubleshooting guides (B): While support resources exist elsewhere, this is not the Adoption Center's core focus.
* It provides a platform for customers to submit feedback (C): Feedback submission is handled through other channels, not the Adoption Center.
* It offers a library of case studies (D): Case studies may be supplementary but are not the primary purpose.
This aligns with Oracle's goal of driving continuous innovation, as per the Success Navigator documentation.

NEW QUESTION # 44
What is the primary purpose of Oracle Fusion Cloud ERP's Lease Accounting module?

A. To automate customer collections
B. To reconcile bank statements
C. To manage supplier contracts
D. To track and report lease-related financial data

Answer: D

Explanation:
Comprehensive and Detailed
The Lease Accounting module's purpose is:
* To track and report lease-related financial data (B): Ensures compliance with lease standards (e.g., IFRS 16, ASC 842) by tracking and reporting lease liabilities and assets.
* Manage supplier contracts (A): Handled by Procurement.
* Automate customer collections (C): Part of Collections.
* Reconcile bank statements (D): Managed by Cash Management.
This ensures compliance, as per the training.

NEW QUESTION # 45
What is the role of Oracle Fusion Cloud ERP's Smart View feature?

A. To enable interactive financial analysis in Excel
B. To track employee expenses
C. To manage customer collections
D. To automate supplier payments

Answer: A

Explanation:
Comprehensive and Detailed
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.
* Manage customer collections (D): Part of Collections.
This improves analysis, as per the training.

NEW QUESTION # 46
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. Number of security awareness training programs conducted for the users of the application
C. The security clearance of individual users
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 # 47
What is the primary purpose of Oracle Cloud Success Navigator?

A. To offer a platform for reporting bugs and issues with Oracle Cloud products
B. To provision Oracle Cloud Applications
C. To automate the migration of on-premises solutions to Oracle Cloud
D. To provide a best practice framework with tools and guidance that support organizations in their Cloud journey

Answer: D

Explanation:
Comprehensive and Detailed
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.
* To provision Oracle Cloud Applications (C): Provisioning is a technical process, not the focus of Success Navigator.
This purpose supports Oracle's customer success strategy, as outlined in the training.

NEW QUESTION # 48
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