Oracle Fusion Cloud Applications SCM Foundations Associate - Rel 1 - 1Z0-1163-1 Exam Practice Test

A. It enables real-time communication between suppliers and buyers for improved supply chain visibility.

B. It automates internal financial reporting without supplier interaction.

C. It eliminates the need for supplier contracts.

A. Manufacturing Execution.

B. Supplier Qualification.

C. Inventory Management.

D. Cost Accounting.

A. It restricts suppliers from accessing invoice details.

B. It eliminates the need for supplier performance reviews.

C. It allows suppliers to view and respond to purchase orders in real time.

D. It automates the creation of supplier contracts.

A. Intelligent Document Recognition (IDR).

B. Supplier Portal.

C. Contract Fulfillment Automation.

D. Receipt Accounting.

A. IDR and OCR help capture and extract data from invoices, automating the data entry process and reducing manual effort.

B. IDR and OCR enable automated routing of invoices to the appropriate approvers based on predefined rules and approval hierarchies.

C. IDR and OCR facilitate supplier registration by digitizing and organizing supplier information, including contact details and banking information.

D. IDR and OCR enhance invoice validation by cross-referencing invoice data with purchase orders and contracts, ensuring accuracy and compliance.

A. By enabling real-time supplier collaboration to update supply planning with lead times and inventory availability.

B. Implementing manual verification of supplier information before updating supply plans.

C. Increasing reorder points in inventory management.

D. Using separate forecasting models for procurement and supply chain planning.