Oracle Exam 1Z0-1160-1 Topic 4 Question 4 Discussion

Actual exam question for Oracle's 1Z0-1160-1 exam

Question #: 4
Topic #: 4

[All 1Z0-1160-1 Questions]

What is the primary purpose of the Oracle Fusion Cloud ERP General Ledger module?

ATo manage supplier invoices and payments

BTo track employee expenses and reimbursements

CTo provide a centralized repository for financial data and reporting

DTo automate customer collections and dunning processes

Show Suggested Answer

Suggested Answer: C

Comprehensive and Detailed

The primary purpose of the General Ledger module is:

* To provide a centralized repository for financial data and reporting (C): It consolidates financial transactions from subledgers (e.g., Payables, Receivables) into a single source for accounting, reporting, and analysis.

* Manage supplier invoices (A): Handled by Payables, not General Ledger.

* Track employee expenses (B): Managed by the Expenses module.

* Automate customer collections (D): Part of Advanced Collections, not General Ledger.

This central role ensures financial accuracy, as per the training.

by Alisha at Mar 22, 2025, 03:11 AM

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Lon

2 months ago

Nah, this is all about that sweet, sweet financial reporting. Option C is the way to go, no doubt about it. It's the financial equivalent of a microwave burrito - quick, easy, and satisfying.

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Graham

1 months ago

Yeah, it's all about that centralized repository for financial data and reporting. Option C is the way to go.

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Estrella

1 months ago

I agree, Option C is definitely the primary purpose of the Oracle Fusion Cloud ERP General Ledger module.

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Emeline

2 months ago

Hold on, are we sure the General Ledger isn't just for tracking employee expense reimbursements? I could use a nice automated system for that. Option B is looking pretty good.

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Ardella

2 months ago

I think managing supplier invoices and payments (A) is also important, but the main purpose is definitely for financial data and reporting.

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Hyun

2 months ago

I believe it's also important for compliance and audit purposes to have a centralized repository.

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Tora

3 months ago

I agree with Lazaro, having all financial data in one place is crucial for accurate reporting.

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Kayleigh

3 months ago

Centralized financial data? Sign me up! That's what I like to see in a good ERP system. Option C is the clear winner.

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Desmond

1 months ago

It's essential to have a system that can provide accurate and timely financial reporting.

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Pauline

1 months ago

Option C is definitely the way to go for a centralized repository for financial data.

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Laurel

2 months ago

I agree, having all financial data in one place makes things so much easier.

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Lazaro

3 months ago

I think the primary purpose is to provide a centralized repository for financial data and reporting (C).

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Tammy

3 months ago

The General Ledger module is like the heart of the ERP system, pumping out the financial data we need. Option C is the way to go!

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Bulah

2 months ago

Having a centralized repository for financial data is key. Option C is the best choice for the primary purpose.

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Elza

2 months ago

I think managing supplier invoices and payments is important too, but Option C is definitely the main purpose.

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Rebeca

2 months ago

I agree, the General Ledger module is crucial for financial data. Option C is definitely the primary purpose.

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