Key details for this exam, checked against the published exam outline
Each question shows the correct answer and an explanation of why it is right
What is the primary purpose of the Oracle Fusion Cloud ERP General Ledger module?
Comprehensive and Detailed
The primary purpose of the General Ledger module is:
* To provide a centralized repository for financial data and reporting (C): It consolidates financial transactions from subledgers (e.g., Payables, Receivables) into a single source for accounting, reporting, and analysis.
* Manage supplier invoices (A): Handled by Payables, not General Ledger.
* Track employee expenses (B): Managed by the Expenses module.
* Automate customer collections (D): Part of Advanced Collections, not General Ledger.
This central role ensures financial accuracy, as per the training.
What is the purpose of Oracle Fusion Cloud ERP's Account Reconciliation feature?
Comprehensive and Detailed
The Account Reconciliation feature's purpose is:
* To ensure accurate reconciliation of financial accounts (B): Matches account balances with source data for accuracy.
* Automate supplier payments (A): Handled by Payables.
* Track employee expenses (C): Managed by Expenses.
* Manage customer collections (D): Part of Collections.
This ensures financial integrity, as per the training.
How does Smart View add value to the Period Close to Financial Reports business process in Oracle Cloud?
Comprehensive and Detailed
Smart View adds value by:
* Enabling interactive, multi-dimensional analysis of financial data within a familiar Excel environment (A): Allows users to analyze data dynamically in Excel, enhancing reporting flexibility.
* Faster journal processing (B): Not Smart View's role.
* Automating statutory reports (C): Involves other tools, not Smart View.
* Consolidating OTBI data (D): Not exclusive to OTBI.
This improves reporting, as per the training.
Which two are key features of Oracle Fusion Cloud ERP's Financial Reporting tools?
Comprehensive and Detailed
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.
* Employee expense tracking (D): Managed by Expenses.
These enhance reporting flexibility, as per the training.
Which two features are part of Oracle Fusion Cloud ERP's Project Management module?
Comprehensive and Detailed
Project Management features include:
* Resource allocation and utilization tracking (A): Manages resource assignment and usage.
* Project cost accounting and budgeting (C): Tracks and budgets project costs.
* Supplier invoice validation (B): Part of Payables.
* Customer collections management (D): Handled by Receivables/Collections.
These support project execution, as per the training.
53 questions covering all exam domains, starting from $20
Exam domains verified against: Official Oracle 1Z0-1160-1 exam guide, last checked September 2026.
Explain the offerings and capabilities in Oracle Cloud Applications. Understand the key features of the Oracle ERP suite and how data flows between the ERP OMBPs.
Sample question from this domain above: Q3
Describe the business process flows in the Financial OMBPs. Understand the important design considerations and identify the key metrics and KPIs associated with these processes.
Explain the business process flows in the Risk Management OMBP. Understand the design considerations and key metrics or KPIs that drive risk management decisions.
Explain the importance of Cloud Success Navigator and Cloud Quality Standards for cloud optimization. Understand how OMBPs are embedded and applied with Starter Configuration.
Sample question from this domain above: Q1
Common questions about the exam itself
