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Exam Code: 1z0-1107-2
Exam Name: Oracle Financials Business Process Foundations Associate Rel 2
Vendor: Oracle

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NEW QUESTION: 1
You perform an audit for a customer. The audit identifies the following information:
* Hardware inventory is incomplete
* Software inventory does not exist.
* Software purchasing is decentralized.
You need to identify two benefits that support implementing an ongoing SAM program.
Which two benefits should you identify? Each correct answer presents part of the solution.
NOTE: Each correct selection is worth one point.
A. increased IT budget
B. decreased licensing costs
C. reduced compliance responsibility
D. decreased risk of paying non-compliance fines
Answer: B,D
Explanation:
Explanation
A good SAM plan helps you avoid financial penalties and legal costs by ensuring that your licenses are compliant, and helps prevent any potential damage to your reputation that could arise from a lawsuit. SAM can also help you achieve compliance with government regulations that require strict standards of IT governance and controls.
The complexities of managing software assets across an organization make controlling costs a big challenge and can leave you feeling financially vulnerable. Implementing a solid SAM plan controls your costs with standardization throughout the software life cycle. You can thereby secure the information needed to choose the most cost-effective licensing programs, provide better IT forecasting for budgeting, and receive tax benefits associated with software depreciation.
References:
https://www.microsoft.com/en-us/sam/basics.aspx?activetab=pivot1%3aprimaryr2

NEW QUESTION: 2
Refer to the exhibit.

Both internal and external audits can be performed on the financial statements of a company. The results of the audits have different purposes and different reporting lines.
Which of the following combinations is correct?
A. B
B. A
C. D
D. C
Answer: D

NEW QUESTION: 3

A. Option B
B. Option C
C. Option D
D. Option A
Answer: D
Explanation:

http://www.oracle.com/webfolder/technetwork/tutorials/obe/cloud/dbaas/OU/IntroDBaaS/ConfiguringNetworkS


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