1Z0-1160-1 Sample Questions & Answers
Financial processes spanning everything from handling expense reports through to retiring assets carry the largest share, alongside Modern Best Practice basics, project and capital-project management, duty-separation risk controls, and the Cloud Success Navigator.
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- Question 1IntermediateSelect 2
Introduction: Oracle Modern Best Practice · What Oracle Modern Best Practice is and how AI/ML optimize business processes
An organization is evaluating how Oracle Modern Best Practice (OMBP) can improve their financial operations using embedded artificial intelligence. Which TWO of the following are examples of AI/ML optimizing an OMBP process? (Select TWO)
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Correct answers: C, D
Intelligent Document Recognition (IDR) uses machine learning to read supplier invoices, extract key data, and continually improve its accuracy based on user corrections. This is a core AI feature in the Supplier Invoice to Payment OMBP.
Digital Assistants use Natural Language Processing (an AI discipline) to allow users to enter expenses conversationally, while AI-driven expense auditing automatically checks receipts against corporate policies in the Expense Report to Reimbursement OMBP.
- Question 2Advanced
Introduction: Oracle Modern Best Practice · What Oracle Modern Best Practice is and how AI/ML optimize business processes
A global enterprise is migrating from a highly customized legacy ERP to Oracle Fusion Cloud ERP. The Chief Financial Officer (CFO) insists on replicating their existing 15-step manual invoice approval process. As a functional consultant, you must advocate for adopting the 'Supplier Invoice to Payment' Oracle Modern Best Practice (OMBP).
Which of the following arguments provides the most optimal, technologically sound reasoning for shifting to the OMBP model rather than lifting and shifting the legacy process?
flowchart TD A[Legacy: Manual Entry] --> B[Manual Routing] B --> C[15-Step Approval] C --> D[Manual Payment] E[OMBP: IDR Extraction] --> F[Intelligent Defaulting] F --> G[Automated Matching/Approval] G --> H[Electronic Payment] style A fill:#ffcccc,stroke:#ff0000 style E fill:#ccffcc,stroke:#008000Show answer & explanation
Correct answer: D
The optimal reason to adopt OMBP is to utilize its embedded AI/ML features (like IDR and intelligent defaulting). This shifts the organization from manual, step-by-step approvals to exception-based processing, reducing cycle times and human error, which is the core value proposition of OMBP.
- Question 3Intermediate
Introduction: Oracle Modern Best Practice · What Oracle Modern Best Practice is and how AI/ML optimize business processes
When mapping business requirements to Oracle Modern Best Practice (OMBP) flows, why is the process framed as "end-to-end" (e.g., "Plan to Delivery" or "Supplier Invoice to Payment") rather than focusing on siloed departmental tasks?
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Correct answer: B
OMBP uses an end-to-end framework to break down departmental silos. This ensures data flows seamlessly across modules (e.g., from Procurement to Payables to General Ledger), enabling real-time metrics and eliminating manual handoffs.
- Question 4Intermediate
Financials · Expense Report to Reimbursement
During the 'Expense Report to Reimbursement' OMBP, an employee uses their mobile device to photograph a restaurant receipt. Which embedded technology automatically parses the image to populate the expense amount, date, and merchant type?
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Correct answer: A
The Expense Report to Reimbursement OMBP leverages the Oracle Digital Assistant and embedded AI/ML (including OCR) to read receipt images, extract the merchant, date, and amount, and automatically categorize the expense line.
- Question 5Beginner
Financials · Expense Report to Reimbursement
What is the correct logical sequence of standard steps in the 'Expense Report to Reimbursement' Oracle Modern Best Practice?
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Correct answer: C
The logical sequence for the Expense Report to Reimbursement OMBP is: the employee creates the Expense Entry, it routes for Manager Approval, undergoes Audit (often AI-assisted), and finally proceeds to Reimbursement via Payables integration.
- Question 6Advanced
Financials · Supplier Invoice to Payment
A manufacturing company receives hundreds of PDF invoices daily from various suppliers. They recently enabled Intelligent Document Recognition (IDR) as part of their 'Supplier Invoice to Payment' OMBP implementation.
During the first week, an Accounts Payable specialist notices that IDR consistently misinterprets a specific supplier's "Freight Charge" line as "Tax". What is the optimal, Oracle-recommended action the AP specialist should take to resolve this issue permanently?
flowchart LR A[Supplier Emails PDF] --> B[IDR Processing] B --> C{Data Extraction} C -->|Accurate| D[Auto-Invoice Creation] C -->|Inaccurate| E[User Correction] E --> F[Machine Learning Feedback Loop] F -.->|Improves| BShow answer & explanation
Correct answer: C
IDR relies on adaptive machine learning. When a user corrects an extracted value directly in the Interactive Viewer UI, the system captures this feedback. Over subsequent invoices, the ML model trains itself to map that specific supplier's format correctly without requiring IT intervention.
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