Oracle Oracle Fusion Financials 11g

Get Oracle Fusion Financials on-line working towards at AADSEducation for more convenient monetary management | killexams.com Real Questions and Pass4sure dumps

several types of studies need to be generated by means of a fiscal corporation. regularly, these experiences are handled through distinct individuals and should circulate information from one to yet another to conclude studies. the most normal difficulty these individuals go through is dealing with information that is old-fashioned; no longer up to date or ineffective searches that make facts gathering a time ingesting assignment.

To tackle these considerations, Oracle presents Oracle Fusion Financials; part of Oracle Fusion purposes which seamlessly reduces workload and shop time by way of integrating financial modules; reveal alterations in statistics precise-time by the use of dashboard and reporting tools.

gain knowledge of top of the line industry practices via Oracle Fusion Financials online training supplied with the aid of AADSEducation nowadays.

Why Oracle Fusion Financials?

Financials company all the time look for more productive tips on how to reduce their price range spends on reporting whereas being effective. Oracle Fusion Finance presents such facets with integration aspects along with spreadsheets, reducing the can charge of useful resource-intensive projects. whereas spreadsheets are nonetheless king in managing statistics, advantageous ways of participating, sharing facts is a hectic project because it comprises replacing records manually aka transferring files, making certain it's the up to date document.

Oracle Fusion financials eliminates such tasks with an integrated dashboard the place individuals can save facts to the cloud; edit, share and replace precise-time which is useful for participating relaxed. besides the fact that other competitors offer such facets, Oracle Cloud family is the commonly employed enterprise utility which set new specifications for finance industry.

Oracle Fusion Financials helps managing a economic organization’s methods via automating, streamlining and controlling through its integrated monetary administration suite. functions akin to conventional ledger, Account Payables and Receivables, belongings, expenses, cash management, general modules from EBS are integrated into one platform and might be accessed with the aid of any consumer to gather information in addition to view updates actual-time.

Our strategy to Oracle Fusion functions training is exciting. We train enterprise techniques, concepts to people who by no means labored on different systems and then mapping, implementation. For experts who currently work on EBS or an identical structures, we train them at once on mapping and implementation in Oracle Fusion monetary.

Our Oracle financials practising route is guided by means of specialists in the business who have two decades of international experience within the container of IT and finance. via this software you will be able to find out about working with general Ledger, account payables and Receivables, assets, cash, Tax and prices management, budgeting and price range controls. With, oracle cloud financials practising route, you might be in a position to put in force, set up and combine Oracle Fusion Financials for enhanced workflows.

course outline:

AADSEducation’s Oracle fusion financials direction define is on par with Oracle school course. despite the fact, our streamlined direction is as below:

through the conclusion of oracle Fusion financial working towards, people could be able to put into effect, configure and install options required for financial organizations saving time and with no trouble use equipment for reporting. For more advice about this direction.

ECCU shares ups, downs of Oracle Fusion Financials migration | killexams.com Real Questions and Pass4sure dumps

The Evangelical Christian credit score Union migrated from E-business Suite to Oracle Fusion Financials. It reduce charges but lost out on integration.

At Collaborate sixteen, Mary Furman, application supervisor for the Evangelical Christian credit score Union (ECCU), described the procedure of migrating from on-premises Oracle E-enterprise Suite financial functions to Oracle Fusion Financials in the cloud. whereas the corporation succeeded in slicing charges, there are nevertheless some things that Furman misses about operating on premises.

"if you happen to move to Fusion from E-company Suite, it be no longer an upgrade," Furman noted. "it be in fact a brand new implementation." Furman found that Fusion runs slowly and can absorb to three minutes to reload after an replace. She stated, "it be all the time gradual if you are used to E-company Suite with the server on premises." She described the stream to cloud as an "adjustment." The researching curve for the protection gadget has been in particular steep, she observed. "The security setup in E-enterprise Suite is very diverse in Fusion. i'm having some issue mastering security." however, Furman referred to, "every time any person complains about Fusion, I say that we're saving a boatload of funds."

The flow to the cloud changed into inspired by using the should cut charges during the financial recession of the early 2000s. The wake-up call got here when ECCU had its first church foreclosures in forty years. "It looks pretty bad to foreclose on a church," Furman stated.

The Brea, Calif.-primarily based credit union, which works with 1,seven hundred ministries and three,900 missionaries across 122 countries, began downsizing. Oracle E-enterprise Suite got here with loads of expenses, equivalent to licensing cost, workforce, help and the maintenance of the quite a lot of customizations the ECCU obligatory. So, the company spent six months thinking of the merits of the cloud before deciding to make the start to Oracle Fusion functions. Furman began the implementation in February 2015 with a go-reside date set for July 1, 2015. She was in a position to implement the venture on time.

before its move to the cloud, the ECCU used SQL Server and Oracle enterprise Intelligence Discoverer for reporting. The core banking utility changed into now not an Oracle product but did run on excellent of an Oracle database. Furman observed that the ECCU reached its existing configuration after going over 24 permutations of E-enterprise Suite and Fusion, due to the fact the impact on end clients, the ordinary integration of the gadget, the implementation time and the timing in the fiscal yr. The most beneficial condition, Furman spoke of, would were to continue or even increase the integration of the financials with HR and payroll. however, whereas this become feasible, it might have taken more time and funds than the ECCU changed into inclined to allocate. The tooling required to keep the integration would have pushed the go-live date again to Jan. 1, 2016, in line with Furman.

in the event you circulation to Fusion from E-enterprise Suite, it's no longer an upgrade. or not it's basically a new implementation. Mary Furmanapplication supervisor, Evangelical Christian credit score Union

The existing configuration replaces the financial module of Oracle E-business Suite with Oracle Fusion Financials, whereas human supplies and payroll remain on premises. Furman pointed out, "The downside is, we're no longer integrated anymore." To cut fees, the ECCU dropped the automated syncing between banking and payroll and now enters the changes by means of hand. whereas Furman hasn't given up on the opportunity of moving payroll to the cloud, she observed "Fusion simply wasn't quite able for the payroll answer."

Furman and her team also ran into complications particular to financial associations. for example, Furman stated Oracle E-company Suite automatically up-to-date the depreciation of the value of items like art work and laptops, however with the Oracle Fusion Financials, all that information must be entered by using hand. The ECCU additionally needed to eliminate using corporate credit score playing cards as a result of loading price onto them with Oracle Fusion Financials proved to be frustrating. Furman has additionally had issues with updating statistics and she or he and her group have switched to updating statistics only on an as-needed groundwork.

besides the fact that children, the implementation itself passed off with little problem, Furman said. "i was expecting loads of cellphone calls, but there have been no concerns. I felt like the Maytag restoration man."

future of Oracle Cloud may and may be SaaS rather than IaaS | killexams.com Real Questions and Pass4sure dumps

In his keynote to kickoff OpenWorld, Oracle Chairman Larry Ellison saved lots of his quotable strains for assaults on AWS, but as I discussed in my closing column, both take somewhat different tactics to cloud infrastructure reflective of their contrasting views against utility design and deployment. Ellison’s swipes at AWS were unfortunate considering the fact that they took the spotlight off what I agree with is Oracle’s more promising cloud product line, its SaaS functions, where the company has efficiently repurposed its licensed software as cloud functions. As i mentioned ultimate time,

I might see Oracle’s SaaS database and enterprise utility items for CX, ERP, SCM, and so forth. becoming the favorite vacation spot for businesses moving workloads to the cloud that don’t need or desire the overhead of managing the underlying utility and servers. Oracle is in a perfect position to follow the path of Adobe and Microsoft, which shifted workplace and content creation apps to a hybrid mixture of locally-installed and cloud-based mostly services.

It’s worth exploring the topic in more element considering the fact that I believe Oracle has greater in common with utility suppliers like SAP, Adobe and the non-windows, non-infrastructure components of Microsoft than AWS.

all and sundry loves a very good feud between tech titans (in spite of the fact that it’s one-approach), so it became easy to omit the indications of enormous development in Oracle’s SaaS business existing at OpenWorld and up to date income releases, primarily the various client success reports that we documented here at Diginomica. for example, in previewing the experience, Den Howlett talked with Steve Miranda, govt vice chairman of Oracle applications product construction concerning the enterprise’s approach of adding automation and data-pushed intelligence to its ERP, CRM and CX items. Miranda remarked on the pace with which even huge companies are divesting themselves of on-premise systems in prefer of Oracle’s cloud functions (emphasis delivered)

What I didn’t predict turned into to peer the number of corporations which are being disrupted or are disrupting in order that even in our case, we used to sell products however now we should be plenty extra a service company and that’s essentially different. The technical and business method debt throughout these organizations ERPs is not helping them stay aggressive in these tactics while also reacting to customers in techniques and at speeds they never needed to earlier than. it really is the push in cloud ERP adoption that I didn’t expect.

As Miranda hinted, the aggressive calls for on Oracle itself have pushed it to become a provider enterprise which in flip provides urgency to its SaaS transformation and drives additions to its burgeoning service portfolio. whereas it’s doubtful how lots of Oracle runs on SaaS, the company has unexpectedly changed its software products into on-demand features. As Ellison crowed in his keynote,

we now have more SaaS applications than another cloud issuer.

The observation’s accuracy is controversial, but what’s not is increased client adoption and product advancements, such as the means Oracle is including automation, self-optimization and other kinds of records-pushed intelligence to its SaaS products. certainly, as Howlett stated, computer intelligence was a theme Oracle emphasized at the adventure, as did Ellison as he beseeched clients to share their wants and ideas for methods to make Oracle’s items even better,

We automate those tedious procedures, we automate these advanced strategies, providing you with large productiveness gains, by adopting our subsequent technology cloud applications…

with the aid of working collectively, your decent concepts, our first rate ideas, we will bring the subsequent era of SaaS applications within the cloud.

OpenWorld become filled with shoppers sharing their success reports, which the Diginomica group chronicled in additional than 20 articles. for example, Park motels and resorts, which mandatory to enforce a brand new finance equipment after being spun out of Hilton, shared its use of Oracle Cloud purposes to both bootstrap the technique and provide new capabilities. As Diginomica documented,

What Park required, Robb [Park’s senior vice president and chief accounting officer] explained, changed into a single platform for all of its monetary information, protecting ordinary ledger, bills payable, mounted assets, procurement and assignment financials, which additionally offered business performance administration equipment for financial close and consolidation and planning and budgeting. It also desired to use cloud computing to retain its IT footprint to a minimal.

Park worked with consultants from grant Thornton and settled on a plan of attack that concerned imposing Oracle ERP Cloud, Oracle Planning and Budgeting Cloud and Oracle monetary Consolidation, and the usage of Oracle Integration Cloud provider as the ‘secret sauce’ that enables Park to move information between these apps.

Birmingham city school instructed Diginomica a similar story of the use of Oracle Cloud to make the most new technologies like AI, NLP (natural language processing), chatbots and API features as a part of its next-era returned-office platform. Like most giant, based companies, its desires have been advanced through a legacy of miscellaneous systems that weren’t designed to confer with each different, tons much less remote customers over the web. Birmingham concluded that the correct cloud suite may replace 15 siloed programs and its exhaustive evaluation determined that Oracle Cloud, with a portfolio spanning HCM, ERP, BI, payroll, monetary planning and budgeting and PaaS extensibility, become the appropriate provider.

Tahir Yousaf, Birmingham’s affiliate Director of IT, instructed us that the tuition also desired to reduce the overhead of customizing the SaaS functions for every branch, in its place asking each firm to describe their wants, now not the details of how they'd want to obtain them. As Yousaf mentioned (emphasis delivered),

So, in fact, we made an impressive resolution no longer to do any ‘mapping’. as a substitute we went to each of our enterprise gadgets and we said ‘can you inform us about what you desire your effects to be’. What become the enterprise effect you wanted to see? if you take a normal set of requirements to a cloud supplier, they could do nothing together with your necessities, as a result of definitely, their strategies are already entirely shaped.

So we asked the cloud companies, how does your cloud system try this? Then we let our clients come to a decision which one to choose based on their adventure and the event. Vanilla is stronger than you feel when it comes to its flexibility.

aside from the breadth of its SaaS portfolio, a remaining selling aspect for Oracle become its PaaS, with its tight integration to SQL databases, support for numerous languages and frameworks and potential to use backend systems like Kubernetes, Hadoop and Kafka streaming. Oracle PaaS permits Birmingham to fill in the 5 percent of functionality and compliance necessities the vanilla SaaS features don’t deliver.

The value of Oracle’s SaaS products is obvious in the feedback and records it shares with economic analysts at each quarterly profits record. As I referenced in my old column, Oracle doesn’t get away cloud carrier earnings by means of product line and, like Microsoft, and typically most effective discusses increase rates, not absolute salary figures. That pointed out, after its q4 2018 document, co-CEO Mark Hurd mentioned that standard ERP and HCM SaaS salary turned into $2.2 billion in FY 2018. whereas it didn’t replace the revenue quantity after it’s most recent Q1 2019 report, Oracle did report surprising boom in SaaS, with co-CEO Safra Catz telling analysts that service revenue for ERP grew 30-plus %, that for vertical cloud purposes became up 40-plus p.c, while cloud infrastructure and PaaS have been tailing at 20-plus %.

Chairman Ellison added color, calling Oracle’s cloud ERP product “a strategic key to our success in the SaaS functions layer of the cloud,” boasting that Oracle ranks first in cloud ERP market share with greater than 20,000 Fusion and NetSuite shoppers. Ellison stated that its SaaS boom is fueled via shoppers changing on-premise techniques (emphasis added).

shoppers are purchasing Fusion ERP to substitute their latest SAP on-premise ERP techniques, and purchasers are purchasing Fusion ERP to change their present Workday cloud ERP programs. ERP is the biggest phase in the utility company. continuing our fast boom in cloud — within the cloud ERP market puts Oracle well on its way to becoming the world’s biggest SaaS functions company. That’s our approach and current market position within the SaaS layer of the cloud.

As I prior to now discussed, Oracle’s method for cloud infrastructure is designed to facilitate the migration of existing business purposes to its managed programs. whereas Oracle presents an exquisite characteristic set for this demographic, it’s capabilities aren’t especially sophisticated to those of the big-three IaaS/PaaS providers, AWS, Azure and Google Cloud. Assuming Mark Hurd’s remark that “15 percent of the U.S. corporate-owned information centers shut down,” is correct, and it sounds plausible, Oracle has many alternatives to gain IaaS business. on the other hand, I think Oracle will proceed to play 2d fiddle to Amazon and Microsoft in the IaaS market.

I agree with that SaaS is the larger cloud possibility for Oracle as consumers like Birmingham city university intent that if they are going to flow to the cloud, why take half steps through continuing to function their purposes? as an alternative, they are going to see the wisdom of allowing Oracle to manipulate, secure and update the infrastructure and functions. indeed, given Oracle’s unparalleled skills in its own purposes, it is incredibly more likely to do a better job than the shoppers may do themselves.

In an period of cloud functions, companies add little to no value by using operating what have develop into commodity functions like databases, e mail techniques, and different lower back-office structures. youngsters some agencies argue that they require custom installations to fulfill pleasing company needs, the purpose turns into untenable in an era of programs that will also be extended the usage of APIs and cloud PaaS frameworks. Oracle has a compelling story in each SaaS and PaaS and should doubtless evolve into a company that appears more like Salesforce than AWS.

image credit score - by means of Oracle's image Twitter feed for OpenWorld 2018

Disclosure - Oracle is a premier partner on the time of writing and covered most of the trip costs for the on the floor diginomica crew.

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Oracle Fusion Financials 11g Accounts Receivable Essentials

170 Systems to Offer 170 MarkView Financial Suite with Oracle® Database 11g | killexams.com real questions and Pass4sure dumps

Accounting and Financial Software

NEW YORK CITY, July 11 / -- 170 Systems today announced that it will offer its flagship product line, the 170 MarkView Financial Suite, based on Oracle® Database 11g. The new performance, scalability, manageability and application development features in Oracle Database 11g will enhance 170 MarkView Financial Suite's performance and value for its Global 2000 customer base.

One of the earliest Certified Advantage Partners in the Oracle PartnerNetwork, 170 Systems has deployed the 170 MarkView Financial Suite in the world's largest companies to optimize and manage their financial processes. The 170 MarkView Financial Suite, which is integrated with the Oracle Database and Oracle Fusion Middleware, will extend Oracle Database 11g's new benefits to its users.

"Our customers collectively process well over $100 billion in critical financial transactions annually with the 170 MarkView Financial Suite and need a secure and reliable database platform that can adapt and scale quickly to support their growing and changing organizations. The Oracle Database 11g will further enhance these areas for our customers, while helping to reduce the time, effort and cost of maintaining their information systems," said Karl Buttner, Chairman and Chief Technology Officer of 170 Systems. "170 Systems is very pleased to have worked closely with Oracle as part of the Oracle Database 11g Beta program," Buttner added.

"We were delighted that 170 Systems participated in the Oracle Database 11g Beta Program," said Willie Hardie, vice president of Database Product Marketing at Oracle. "Oracle Database 11g delivers a wide range of new development and management features that will help partners like 170 Systems offer customers faster performance and more scalability from their application solutions."

About Oracle Database 11gOracle Database is the only database designed for grid computing. With the release of Oracle Database 11g, Oracle is making the management of enterprise information easier than ever, enabling customers to know more about their business and innovate more quickly. Oracle Database 11g delivers superior performance, scalability, availability, security and ease of management on a low-cost grid of industry standard storage and servers. Oracle Database 11g is designed to be effectively deployed on everything from small blade servers to the biggest SMP servers and clusters of all sizes. It features automated management capabilities for easy, cost-effective operation. Oracle Database 11g's unique ability to manage all data from traditional business information to XML and 3D spatial information makes it the ideal choice to power transaction processing, data warehousing, and content management applications.

About Oracle PartnerNetworkOracle PartnerNetwork is a global business network of more than 19,500 companies who deliver innovative software solutions based on Oracle software. Through access to Oracle's premier products, education, technical services, marketing and sales support, the Oracle PartnerNetwork program provides partners with the resources they need to be successful in today's global economy. Oracle partners are able to offer their customers leading-edge solutions backed by Oracle's position as the world's largest enterprise software company. Partners who are able to demonstrate superior product knowledge, technical expertise and a commitment to doing business with Oracle qualify for the Oracle Certified Partner levels. Partners who are able to demonstrate the highest level of product knowledge, technical expertise and a commitment to business with Oracle qualify for the Oracle Certified Advantage Partner level. These partners receive a higher level of service, support, training and certification from Oracle. http://partner.oracle.com/

About 170 Systems170 Systems is the proven leader in software solutions that manage and optimize financial processes for the world's largest companies. With over 40 percent of its customers in the Global 2000, 170 Systems' software embeds best practices in the end-to-end automation of financial processes, including Accounts Payable, Expense Management, Procurement, Accounts Receivable, Asset Management, General Ledger and Project Re-Billing. The result is an unmatched solution that ensures cost-effective and timely management of all transactions via a consistent process so that finance organizations can reduce operating costs, strengthen internal controls, improve service levels and maximize cash flow. 170 MarkView, the company's flagship product suite, is tightly integrated with leading ERP systems and is operational in more than 40 countries worldwide.

For more information about 170 Systems, please call 781.743.1900 (North America), +44 0208 610 6009 (other regions) or visit www.170systems.com.

FCMN Contact: aparker@170systems.com

Source: 170 Systems

CONTACT:Allison Parker of 170 Systems, +1-781-743-1991, aparker@170Systems.com

Web site: www.170systems.com/http://partner.oracle.com/

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Listening in to a conversation between Oracle users can be very confusing:

Imagine stepping into the break room and you hear Phil and Bill say, "We're looking at migrating to 11i, we're on 10.7 using 8.1.4."

On the way to your office, you hear Sarah tell HR, "Well, we need someone who's experienced in 11.5.9."

You heard the IT department is developing a Portal. When you ask your pal for more information he says: "Well, we want to compare Websphere to Oracle Application Server."

And, in a meeting with the sales and marketing staff: "Agreed. We need to implement CRM. Bill, will you look into how that works with the Financials?"

"Huh?"

They're all talking about Oracle, but they're referring to different aspects of Oracle products. Let's see if we can clear it up, at least a little.

Initially, there was Oracle the database. A database exists to store information in a logical manner, and uses rows and columns of data organized in tables. To add or modify data in the database, we use forms, and to correlate information in the database in a meaningful way, we use a reporting tool.

The first Oracle version I encountered was version 4 on Digital Equipment Corporation VAX. We used the database to store important information about our project requirements. We had some tools called Forms 3.0 and Reportwriter, which developers used to create some custom applications for our users. They created forms and menus that helped guide our data entry and retrieval.

I asked our venerable, master DBA Marlene what it was all about, and she drew me this diagram:

She explained that we use version number to differentiate functionality. She was preparing to upgrade the database to 5.0, and the Reportwriter application had changed. It was was easier to use version 2.0.

In my opinion, the numbers have always been confusing. It has become a DBA rite of passage, "what was your first database version?" followed by, "Back then migration was a bear." The database (a.k.a. the server) really has two critical components: The data information resides in datafiles on a particular computer, and the software controlling the information, which allows input from forms and output to reports. Common Oracle database versions are 7.3, 8.1.7 (8i) and 9.2 (9i). The "i" means "Internet enabled." The 8i and 9i versions of the database provide extensive capability to support easy Internet access. Oracle has just announced 10g, which is available for some Unix based systems, with Windows and Linux versions expected within a very short time. 10g provides the ability to perform grid computing, dynamically tapping the unused processor cycles of distributed, networked computers.

Not all companies want the burden of designing their own tools. Oracle offered a set of business tools based on industry best practices. These are the Oracle Financials, Manufacturing and Human Resources applications. Originally, these applications where character based in contrast to the GUI (graphical user interface). Version 10.7 offered both character and GUI interfaces, and is still in use.

The financial, manufacturing and HR applications share information in many areas in supporting the company's business as a whole. All of the business operations are called the Enterprise.

Oracle Financials are a set of tables, forms and reports which operate on the Oracle database; they allow users to track accounting, assets, liabilities and other finance-related information. The names of the financial applications relate to their function: General Ledger, Accounts Receivable, Accounts Payable, Purchasing, Fixed Assets and Costing are all key applications in the financials suite.

Oracle Manufacturing provides the ability for a company to track information about inventory, creation and design of products, and manufacture and sale of items. Key applications in manufacturing are Inventory, Bill of Materials, Manufacture, and Order Entry/Manufacture.

A third set of applications for the business are the Human Resource applications, which track employee information. The applications in the HR suite are as rich in functionality as Financials or Manufacturing.

The full set of the applications are called the 11i E-Business Suite. Information is shared via APIs (application program interfaces). For instance, when a customer order is filled and the item has been sent to the customer, inventory is adjusted, and the value of the inventory is accounted for in financial transactions, increasing the customer's account in Accounts Payable and generating an invoice to be sent to the customer.

The latest version of the applications is 11i. The 11i applications require database version 8i (8.1.7) or 9i. The primary advancement in 11i is the ability to deploy the applications on Internet, intranet or extranet. What's the difference? Internet applications are deployed so that they are potentially available to all users of the Internet. An intranet application is deployed inside the firewall, for potentially all employees of a business. An extranet allows the user within the intranet a pipe to specific sites, applications or interfaces on the internet. To capture and promote Internet-enabled business, Oracle has developed CRM (customer relationship management) applications, such as I-Store, and self-service applications, such as I-Purchasing and Self-Service HR.

If we continue with the analogy of concentric circles of business development, we add the applications to our diagram so that it looks something like this:

When adding the ability to do business over the Internet, there are considerable concerns for security and control. Oracle originally provided something called WEBDB, which has transformed in to what is now called Internet Application Server 9i (iAS), and uses or integrates the functionality of a commercial tool, Apache or Apache Server. IAS works with the latest forms and reports tools to provide Web capability.

Because Oracle is available for multiple operating systems, we describe the interactions between the database server, forms, reports, computer platforms/operating system and the network configuration as the technical architecture of the system enterprise. The technical architecture of a business enterprise depends on a number of factors, including the number of users and requirements for whether the enterprise operates on a 24x7 basis, whether operations are local only or distributed nationally, or even globally.

Components of the e-business enterprise technical architecture may include as few as three tiers:

These may be distributed over a wide area network (WAN). There is a wide variety of platforms available for each tier; the following tables are derived from Oracle support and certification information. The Oracle database is supported on 23 platforms, including Data General, HP, Sun and Compaq Alpha, depending on the operating system. The 11i business suite supports a wide variety of platforms, including Windows NT for Intel, IBM RS/6000 AIX, Intel-based Unix, Sun Sparc Solaris, HP 9000 series HP-UX. (Check MetaLink or send all certify and product availability inquiries to CERTADMN_US@oracle.com.)

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