Curious about Actual Oracle Cloud (1Z0-1160-1) Exam Questions?

Correct : A, C

Comprehensive and Detailed

Benefits of multi-tenant architecture include:

* Reduced infrastructure costs (A): Shared resources lower the cost of maintenance and hardware.

* Automatic updates and patches (C): Centralized updates ensure all tenants receive the latest features and fixes seamlessly.

* Custom hardware for each customer (B): Contrary to multi-tenancy's shared model.

* Limited scalability (D): Incorrect, as multi-tenancy enhances scalability.

These benefits optimize cost and maintenance, as per the training.

Correct : B

Comprehensive and Detailed

The Procurement module's purpose is:

* To streamline supplier sourcing, purchasing, and contract management (B): Manages supplier relationships, purchase orders, and contracts efficiently.

* Manage customer invoices (A): Handled by Receivables.

* Track employee expenses (C): Managed by Expenses.

* Automate project cost accounting (D): Part of Project Costing.

This optimizes procurement, as per the training.

Correct : A, C

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.

Correct : B

Comprehensive and Detailed

The primary function is:

* To reconcile bank statements with system transactions (B): Matches bank data with Payables and Receivables transactions for accurate cash tracking.

* Manage supplier payments (A): Handled by Payables.

* Track employee reimbursements (C): Part of Expenses.

* Automate customer invoicing (D): Managed by Receivables.

This ensures cash accuracy, as per the training.

Correct : A, D

Comprehensive and Detailed

Fixed Assets capabilities include:

* Asset acquisition and retirement tracking (A): Manages the asset lifecycle from purchase to disposal.

* Depreciation calculation and reporting (D): Automates depreciation and provides reports.

* Supplier invoice validation (B): Part of Payables.

* Employee expense management (C): Handled by Expenses.

These ensure asset management, as per the training.