Free PDF Oracle - 1Z0-1163-1 Authoritative Pdf Dumps
Free PDF Oracle - 1Z0-1163-1 Authoritative Pdf Dumps
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Oracle 1Z0-1163-1 Exam Syllabus Topics:
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New 1Z0-1163-1 Test Topics | Exam 1Z0-1163-1 Guide
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Oracle Fusion Cloud Applications SCM Foundations Associate - Rel 1 Sample Questions (Q13-Q18):
NEW QUESTION # 13
What is the primary function of Receipt Accounting in Oracle Fusion Cloud SCM?
- A. It validates contract terms for procurement.
- B. It records the receipt of goods and services, creating accounting entries for financial reporting.
- C. It eliminates the need for cost accounting.
- D. It ensures supplier invoices are paid on time.
Answer: B
Explanation:
Receipt Accounting (D) in Oracle Fusion Cloud SCM records the receipt of goods and services, generating accounting entries that reflect these transactions for financial reporting and cost tracking. When a shipment of 500 units arrives, Receipt Accounting logs the event, assigns costs (e.g., $5,000), and creates entries like "Inventory Debit" and "Accounts Payable Credit," ensuring financial accuracy. Option A is incorrect-timely invoice payment is a downstream accounts payable process, not Receipt Accounting's role. Option B is false-contract validation occurs in procurement, not here. Option C is wrong-Receipt Accounting feeds into Cost Accounting, enhancing, not eliminating it. This function ensures compliance with accounting standards, provides visibility into goods received, and supports accurate financial statements, bridging physical and financial supply chain activities.
NEW QUESTION # 14
What is a key advantage of the Production Order to Cost Update OMBP in Oracle Fusion Cloud SCM?
- A. It automates the production process, requiring minimal human supervision.
- B. It provides real-time cost updates, ensuring immediate financial benefits.
- C. It provides accurate cost calculations, leading to better decision-making and improved profitability.
- D. It enhances customer relationship management, leading to effective cost analysis.
Answer: C
Explanation:
The Production Order to Cost Update process within Oracle Manufacturing Business Process (OMBP) in Oracle Fusion Cloud SCM ensures accurate cost calculations by capturing and updating costs associated with production orders, such as materials, labor, and overhead. This accuracy supports better decision-making and improves profitability by enabling precise cost analysis and pricing strategies. Option A is irrelevant as it ties to CRM, not cost updates. Option B exaggerates automation-human oversight remains necessary. Option D focuses on real-time updates, which is secondary to the primary benefit of accuracy emphasized in Oracle documentation.
NEW QUESTION # 15
Which two capabilities within the Predict Demand process in the Demand to Management OMBP make it a powerful tool for demand planning and management?
- A. Statistical Forecasting.
- B. Demand Sensing.
- C. Machine Learning-based Forecasting.
- D. Collaborative Forecasting Platform.
Answer: C,D
Explanation:
The Predict Demand process within the Demand to Management OMBP in Oracle Fusion Cloud SCM leverages advanced capabilities to enhance demand planning. Collaborative Forecasting Platform (A) enables stakeholders-such as sales teams, suppliers, and distributors-to collaborate in real time, inputting qualitative insights (e.g., market trends or promotions) that refine forecasts beyond pure data analysis. For example, a retailer might adjust forecasts based on an upcoming sale confirmed via the platform, improving accuracy. Machine Learning-based Forecasting (B) uses algorithms to analyze historical data, detect patterns (e.g., seasonality or anomalies), and adapt predictions dynamically, making it more precise than traditional methods. For instance, it might identify a spike in demand for umbrellas during unexpected rainy seasons. Option C (Statistical Forecasting) is a traditional method relying on statistical models but lacks the adaptive intelligence of machine learning, though it's still used as a foundation. Option D (Demand Sensing) focuses on short-term demand signals (e.g., point-of-sale data) rather than long-term planning, making it complementary but not a core strength of Predict Demand. Together, A and B empower businesses with both human collaboration and cutting-edge AI, ensuring robust demand planning that balances quantitative and qualitative inputs.
NEW QUESTION # 16
Which feature in Oracle Fusion Cloud SCM provides real-time order promising based on supply and demand constraints?
- A. Global Order Promising.
- B. Supplier Portal.
- C. Manufacturing Execution.
- D. Cost Accounting.
Answer: A
Explanation:
Global Order Promising (A) provides real-time order promising by analyzing supply (inventory, production) and demand (orders, forecasts) constraints across the enterprise. For instance, if a customer requests 100 units and only 80 are available with a 2-day production lead time, GOP promises delivery in 2 days. Option B (Supplier Portal) supports collaboration, not promising. Option C (Manufacturing Execution) tracks production, not order commitments. Option D (Cost Accounting) handles financials. GOP enhances customer trust and planning accuracy by delivering feasible, data-driven promises.
NEW QUESTION # 17
Which feature in Oracle Fusion Cloud SCM ensures product availability commitments based on inventory and supply constraints?
- A. Supplier Portal.
- B. Available to Promise (ATP).
- C. Manufacturing Execution.
- D. Cost Accounting.
Answer: B
Explanation:
Available to Promise (ATP) (C) in Oracle Fusion Cloud SCM ensures product availability commitments by calculating how much inventory is available for new orders based on current stock and supply constraints like production schedules and supplier lead times. For example, if 100 units are on hand with 40 committed, ATP shows 60 units available, ensuring accurate promises. Option A (Cost Accounting) tracks financials, not availability. Option B (Supplier Portal) supports collaboration, not direct commitment calculations. Option D (Manufacturing Execution) manages production, not order promising. ATP's real-time analysis prevents overpromising, aligning customer expectations with operational capacity.
NEW QUESTION # 18
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