Online Access Free 1Z0-1163-1 Practice Test

What is the main purpose of the Supply Chain Collaboration feature in Oracle Fusion Cloud SCM?

• A.It automates internal financial reporting without supplier interaction.
• B.It eliminates the need for supplier contracts.
• C.It enables real-time communication between suppliers and buyers for improved supply chain visibility.

What is the primary purpose of the Supply Chain Orchestration process in Oracle Fusion Cloud SCM?

• A.It eliminates the need for supplier collaboration.
• B.It automates the execution of supply chain tasks across different applications.
• C.It provides a manual approach to tracking supply chain transactions.
• D.It only manages warehouse operations without linking to procurement or manufacturing.

Which feature in Oracle Fusion Cloud SCM assesses and approves suppliers based on compliance and performance criteria?

• A.Supplier Portal.
• B.Manufacturing Execution.
• C.Cost Accounting.
• D.Supplier Qualification Management.

Which feature in Oracle Fusion Cloud SCM ensures that supply planning recommendations reflect the latest supplier information?

• A.Increasing reorder points in inventory management.
• B.Real-time Supplier Collaboration.
• C.Using separate forecasting models for procurement and supply chain planning.
• D.Implementing manual verification of supplier information.

What is the function of IDR (Intelligent Document Recognition) and OCR (Optical Character Recognition) in the invoice submission process in Oracle Fusion Cloud Procurement application?

• A.IDR and OCR help capture and extract data from invoices, automating the data entry process and reducing manual effort.
• B.IDR and OCR facilitate supplier registration by digitizing and organizing supplier information, including contact details and banking information.
• C.IDR and OCR enable automated routing of invoices to the appropriate approvers based on predefined rules and approval hierarchies.
• D.IDR and OCR enhance invoice validation by cross-referencing invoice data with purchase orders and contracts, ensuring accuracy and compliance.