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Oracle Fusion ERP Process Essentials Practice Guide

This practice guide provides sample questions and answers for the Oracle Fusion Cloud ERP Process Essentials certification exam. It covers key concepts related to Oracle Modern Best Practices (OMBPs) across various modules including Financials, Projects, and Risk Management. The guide emphasizes the importance of integration, quality standards, and continuous improvement in ERP implementation.

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658 views2 pages

Oracle Fusion ERP Process Essentials Practice Guide

This practice guide provides sample questions and answers for the Oracle Fusion Cloud ERP Process Essentials certification exam. It covers key concepts related to Oracle Modern Best Practices (OMBPs) across various modules including Financials, Projects, and Risk Management. The guide emphasizes the importance of integration, quality standards, and continuous improvement in ERP implementation.

Uploaded by

abiymulugeta
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

Oracle Fusion Cloud Applications ERP Process

Essentials (1Z0-1160-1) - Practice Guide


This study guide includes topic-wise sample questions, answers, and key concepts to help you
prepare for the Oracle Fusion Cloud ERP Process Essentials certification exam ethically and
effectively.

Oracle Cloud Applications & Modern Best Practice (OMBPs)


• Q: Which statement best describes Oracle Modern Best Practice (OMBPs)?
Answer: B. OMBPs are flexible, technology-enabled workflows that reflect modern business
process design.
• Q: Which component allows visualization of cross-module process flows?
Answer: B. Cloud Success Navigator
• Q: Primary purpose of embedding OMBPs in Starter Configuration?
Answer: A. Reduce implementation time and ensure consistent best practice processes.

OMBPs for Financials


• Q: Which process converts journal entries into financial statements?
Answer: B. Period Close
• Q: Which KPI is key for Order to Cash efficiency?
Answer: B. Average Days Delinquent (ADD)

OMBPs for Projects


• Q: Integration ensuring project costs appear in financial reporting?
Answer: A. Integration between Oracle Projects and Oracle Financials
• Q: Metric to evaluate project delivery performance?
Answer: B. Project Progress (%)

OMBPs for Risk Management


• Q: OMBPs focusing on compliance violations?
Answer: B. Manage User Access Controls
• Q: Component that flags transactions violating spending limits?
Answer: A. Transaction Controls

Cloud Success Navigator & Quality Standards


• Q: Key benefit of Oracle Cloud Quality Standards?
Answer: B. Provide consistent benchmark for process design, implementation, and operation.
• Q: Phase focusing on continuous improvement after go-live?
Answer: D. Optimize
• Q: Tool aligning ERP implementation with Oracle’s process flows?
Answer: C. Starter Configuration

Cross-Module Scenarios
• Q: Integration ensuring expense recognition aligns with periods?
Answer: B. Receipt Accounting
• Q: Module supporting Plan to Project process?
Answer: C. Projects
• Q: Benefit of Oracle Modern Best Practice across modules?
Answer: C. Standardizes and accelerates business processes through embedded analytics.

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