Pass the Oracle Certified Associate 1z0-1160-1 Questions and answers with ExamsMirror

Comprehensive and Detailed Explanation:

The functionality is:

Invoice Matching and Validation (A):Ensures invoices match POs/receipts and are validated before payment.

Payment Holds (B):Prevents payment but is a result, not validation.

Invoice Archiving (C):Stores invoices, not validates them.

Comprehensive and Detailed Explanation:

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.

Comprehensive and Detailed Explanation:

Key considerations are:

Payment behavior and credit risk (D):Focuses on payment history and creditworthiness, critical for scoring.

Customer location and size (A):Secondary factors, not primary.

Number of invoices (B):Impacts volume, not scoring directly.

Comprehensive and Detailed Explanation:

The Advanced Collections module’s purpose is:

To automate customer collections and improve cash flow (B):Automates dunning and payment follow-ups to enhance cash recovery.

Manage supplier payments (A):Handled by Payables.

Track employee expenses (C):Managed by Expenses.

Comprehensive and Detailed Explanation:

The Dunning Plans feature’s purpose is:

To send personalized reminders to customers for overdue payments (B):Automates collection notices based on payment behavior.

Automate supplier payments (A):Handled by Payables.

Track employee expenses (C):Managed by Expenses.