Professional Documents
Culture Documents
the software?
Subscription pricing means smaller payments over time so the cost can be booked as an operational
expense as opposed to a capital expense. (*)
Why provide industry benchmarks and other customer's challenges during the discovery process?
Industry benchmarks show that you understand the industry and where the customer stands in relation
to others in the industry. Other customer's challenges to prove that you been involved in other sales
cycles.
Formulating your response to the customer's question while watching for as many verbal and
nonverbal cues, body language or tone of voice.
4. With each new release, the Oracle Financials Cloud Development team continues to broaden the
scope of the product. In recent releases, which applications have been added to the Oracle
Financials Cloud that make the product applicable to the High Tech industry? Select two.
Revenue
Manageme
nt (*)
How does the Oracle Financials Cloud help to streamline the labor-intensive process of finding all
transactions and accounting entries that contribute to an out-of-balance total?
Interactive reconciliation reports compare open receivables and open payables balances to the
corresponding balances in the General Ledger. Where possible, an automatic process matches each
transaction to its respective accounting entry and finds all transactions and accounting entries that
contribute to the out-of-balance total. (*)
what are the main components of CFO-on-the-go?
The Oracle Social Network, Oracle Mobile BI and CFO-on-the-go dashboards (*)
7. What are some of the ways that Oracle secures customers' data in the Mark for
Cloud?
Review
(2) Points
System Architecture
(Answer all questions in this section)
8. Oracle Financials Cloud reporting platform architecture allows for _____. Mark for
Review
(2) Points
... pivot and drilldowns to any level but limited hierarchies for
comparison and roll up.
... pivot and drilldowns to any level as well as unlimited hierarchies
for comparison and roll up. (*)
... pivot and drilldowns to the fiscal year to date level as well as up
to 1,000 hierarchies for comparison and roll up.
... pivot and drilldowns to any level as well as up to 1,000
hierarchies for comparison and roll up.
... drilldowns to the summary level as well as unlimited hierarchies
for comparison and roll up.
9. Oracle Financials Cloud offers External Data Integration Services for the Mark for
Oracle Cloud to create the infrastructure and services for integration
with external data and systems. This integration supports _____. Select
two. Review
(2) Points
10. Why is the ability to drill down into financial balances important to Mark for
Accounting Managers?
Review
(2) Points
12. Name an advantage of Oracles' Budgetary Control and Encumbrance Mark for
Accounting application to Operational users who enter transactions.
Review
(2) Points
13. What are some important key differentiators of the Oracle Financial Mark for
Cloud applications? Select two.
Review
(2) Points
14. What are some examples of activities that can be performed by the Mark for
Finance team through Social Networking? Select two.
Review
(2) Points
Requirements Elicitation
(Answer all questions in this section)
Review
(2) Points
17. With each new release, the Oracle Financials Cloud Mark for
Development team continues to broaden the scope
of the product. In recent releases, which application
has been added to the Oracle Financials Cloud that Review
make the product applicable to the Public Sector (2) Points
industry?
18. SaaS environments require that all clients are on the Mark for
same release of the software and there are no
customizations allowed. What options are available
for clients who have a unique requirement? Review
(2) Points
Review
(2) Points
Private Sector
Higher Education (*)
Financial Management
High Tech
Public Sector (*)
20. With each new release, the Oracle Financials Cloud Mark for
Development team continues to broaden the scope
of the product. In recent releases, which applications
have been added to the Oracle Financials Cloud that Review
make the product applicable to the High Tech (2) Points
industry? Select two.
Automated Invoicing
Subledger Accounting
Budgetary Control & Encumbrance (*)
Revenue Management (*)
What are Mark for Review
some of the
benefits of
Budgetary (2) Points
Control and
Encumbran
ce
Accounting
? Select
two.
Review
(2) Points
24. How does the Oracle Financials Cloud help to Mark for
streamline the labor-intensive process of finding
all transactions and accounting entries that
contribute to an out-of-balance total? Review
(2) Points
Quote Generation
Public Sector Accounting
Subledger Accounting
Configuration, Price & Quote (CPQ) (*)
26. Oracle Mark for Review
Mobile
Expenses
uses an (2) Points
integrati
on with a
travel
service.
Which
service is
used?
27. Why are modern best practices attractive to our clients? Mark for
Review
(2) Points
Innovation is always the safest route during an implementation.
Large, successful customers use modern best practices.
It is new and cutting edge.
Best practice is a way to execute to achieve consistently
superior results. (*)
Oracle suggests that our clients use modern best practice.
28. Oracle's install base is exceptionally large and many use Oracle's on- Mark for
premise Financial applications to run their business. If these on-
premise clients want the flexibility of Financial reporting in the Cloud,
what options are available to these clients? Select two. Review
(2) Points
29. What are the advantages of adding Journal Entries using the Mark for
spreadsheet approach?
Review
(2) Points
Business Intelligence
GAAP (Generally Accepted Accounting Practices)
Modern Best Practices
Business Process Management
Essbase (*)
32. Oracle Financials Clouds General Ledger includes a built in and Mark for
internally controlled General Ledger balances cube designed to
facilitate General Ledger reporting. Balances in the cube are
updated ______. Review
(2) Points
33. What is the purpose of the Functional Set Up Manager? Mark for
Review
(2) Points
34. What should clients use that have a need for board room quality Mark for
financial reports?
Review
(2) Points
35. The Accounting Hub provides prebuilt integration with the ______ Mark for
and _______ General Ledgers and provides an open API for _____
and third party general ledgers.
Review
(2) Points
Payables Imaging
Invoice Imaging (*)
Statement Imaging
Payment Imaging
Receipts Imaging
Objection Handling
(Answer all questions in this section)
Review
(2) Points
Facts (*)
Find the source of the objection
Out-of-the-box solutions
Knowledgeable solutions (*)
Modifications
38. Which is a valid strategy for handling a hostile objection? Mark for
Review
(2) Points
Reason out a believable answer then use the "answer plus one"
to transition to as many of the Five Elements as you can
Reason out the root of the hostility then use the "answer plus
one" to transition to as many of the Five Elements as you can
Take a break so that you can confer with the sales team then use
the "answer plus one" to transition to as many of the Five
Elements as you can
Reason out a factual answer then use the "answer plus one" to
transition to as many of the Five Elements as you can (*)
Reason out a factual answer then change the subject to
transition to as many of the Five Elements as you can
39. With regard to objection handling, what is the appropriate response Mark for
to a "customer gift"?
Review
(2) Points
Review
(2) Points
Review
(2) Points
Review
(2) Points
Passion, expertise, sincerity, confidence, credibility and argument
skills
Passion, expertise, sincerity, confidence, credibility and triumph
Passion, expertise, sincerity, confidence, credibility and
negotiation skills
Passion, expertise, sincerity, confidence, credibility and
reputation
Passion, expertise, sincerity, confidence, credibility and trust (*)
Review
(2) Points
5. What should clients use that have a need for ad hoc transactional Mark for
queries?
Review
(2) Points
7. What should clients use that have a need for board room quality Mark for
financial reports?
Review
(2) Points
Requirements Elicitation
(Answer all questions in this section)
8. Why is it important to use direct quotes from customer during the Mark for
sales cycle?
Review
(2) Points
9. What are two sources of research that will help you to know you Mark for
audience?
Review
(2) Points
10. R10 introduced a new home page. What are some of the key core user Mark for
experience enhancements? Select two.
Review
(2) Points
(Choose all correct answers)
(Choose all
correct
answers)
Allows for
all
employees
to have
access to
Financial
information
automatical
ly.
Collaborati
on with
secure
business
processes
allowing for
real time
information
discussions
. (*)
Security is
set up by
the Finance
Departmen
t.
Document
sharing,
annotating
and
managing
is restricted
to C level
executives.
The ability
to extend
beyond
Finance to
all
employees.
(*)
Correct,
key
benefits
of social
networkin
g for the
Finance
Departme
nt are
collaborat
ion with
secure
business
processes
, real time
informatio
n
discussion
s and the
ability to
extend
beyond
Finance to
all
employee
s.
(Choose all
correct
answers)
Access to
historical
financials
data.
It complies
with global
accounting
standards
as well as
multiple
legislative,
industry or
US SUTA
requiremen
ts.
Access to
recent
financials
data.
It complies
with global
accounting
standards
as well as
multiple
legislative,
industry or
geographic
al
requiremen
ts. (*)
Access to
real-time
financials
data. (*)
Correct,
two key
benefits
of the
Oracle
Financials
Cloud are
access to
real-time
financials
data and
it
complies
with
global
accountin
g
standards
as well as
multiple
legislative
, industry
or
geographi
cal
requireme
nts.
The finance
team is
restricted
to the
same social
activities
as any
other job
role or
function.
Collectively
work on
content
associated
with a
period
close,
journal
entry
batch,
payables
and
receivables
. (*)
Work on
Financial
documents
as a team
and
determine
actions
items and
assign
tasks to
users. (*)
Social for
Finance
department
is secure
since
access is
only
through the
desktop.
Integration
with
Expense
Manageme
nt and
Revenue
Manageme
nt.
Correct,
the
Finance
team can
collectivel
y work on
content
associate
d with a
period
close,
journal
entry
batch,
payables
and
receivabl
es. They
can work
on
Financial
document
s as a
team and
determin
e actions
items and
assign
tasks to
users.
(Choose all
correct
answers)
Glance,
scan,
commit
capabilities
(*)
Conforms
to the
industry
standards
for
dashboards
Library of
prebuilt
Infolets (*)
Enhanced
Welcome
content
Built in
links to the
Financial
Report
Center for
the user to
act on
analytics
Correct,
the
Infolets
dashboar
d is
designed
for
creating a
modern
executive
dashboar
d with a
library of
prebuilt
Infolets
and
glance,
scan,
commit
capabiliti
es.
Since
Oracle is
just
entering
the mobile
application
s arena,
the mobile
capabilities
are very
limited.
Mobile
application
s are not
applicable
to
Financials
since
accounting
practices
are heavily
regulated.
Oracle's
mobile
application
s strategy
is to keep
pace with
the
competitio
n.
Oracle
provides a
simple,
intuitive,
feature full
mobile
experience
with the
same rich
data
presentatio
n as the
desk top
application
s. (*)
Oracle
provides
mobile
application
s to clients
who have
participate
d in the
Oracle
Mobile
Application
s training.
Correct,
Oracle
provides
a simple,
intuitive,
feature
full
mobile
experienc
e with the
same rich
data
presentati
on as the
desk top
applicatio
ns.
6. Oracle continues Mark for Review
to add
integrations to
other applications. (2) Points
Which is an
example of an
integration with
respect to the
Financial
applications?
Correct, Oracle
introduced an
integration with
Configuration, Price &
Quote (CPQ) with the
CPQ to Cash business
flow.
Correct, Oracle
Mobile Expenses
integrates with
GetThere Travel
Service to a provide
simplified travel and
expense flow.
Demonstration
(Answer all questions in this section)
Correct, Oracle's
complete financial
solution includes
financial
management,
revenue
management &
collections, cash
management, travel
& expense
management,
planning & budgeting
and financial
analytics.
EBS
CX
PeopleTools
Oracle Social Network
Essbase (*)
Review
(2) Points
23. Today's CFO's typically spend less time on traditional Mark for
financial function and more time on _____.
Review
(2) Points
24. What are some of the ways that Oracle secures Mark for
customers' data in the Cloud?
Review
(2) Points
Review
(2) Points
Private Sector
Higher Education (*)
Public Sector (*)
High Tech
Financial Management
Review
(2) Points
28. With each new release, the Oracle Financials Cloud Mark for
Development team continues to broaden the scope of the
product. In recent releases, which application has been
added to the Oracle Financials Cloud that make the product Review
applicable to the Public Sector industry? (2) Points
Automated Invoicing
Subledger accounting
Subledger Accounting
Revenue Management
Budgetary Control & Encumbrance (*)
29. SaaS environments require that all clients are on the same Mark for
release of the software and there are no customizations
allowed. What options are available for clients who have a
unique requirement? Review
(2) Points
30. What is meant when Oracle Financials Cloud is referred to Mark for
as a "Global Architecture"?
Review
(2) Points
PaaS (*)
SaaS
DaaS
IaaS
None, modifications are not allowed in the Cloud
Review
(2) Points
34. What are the advantages of adding Journal Entries using the Mark for
spreadsheet approach?
Review
(2) Points
35. What are the two Oracle Fusion Financial offerings? (select Mark for
two)
Review
(2) Points
Solution Overview
(Answer all questions in this section)
37. What are some of the benefits of Budgetary Control and Mark for
Encumbrance Accounting? Select two.
Review
(2) Points
38. What level of general ledger balances are used for real-time Mark for
reports, on line queries and multidimensional analysis?
Review
(2) Points
39. In which formats can financial statements and departmental Mark for
reports be viewed?
Review
(2) Points
Review
(2) Points