Oracle Financials Business Process Foundations Associate Rel 2: 1z0-1107-2 Exam
"Oracle Financials Business Process Foundations Associate Rel 2", also known as 1z0-1107-2 exam, is a Oracle Certification. With the complete collection of questions and answers, PrepAwayPDF has assembled to take you through 48 Q&As to your 1z0-1107-2 Exam preparation. In the 1z0-1107-2 exam resources, you will cover every field and category in Oracle Foundation Certification helping to ready you for your successful Oracle Certification.
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Oracle 1z0-1107-2 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Invoice to Cash Process | 20% | - Receipts and applications - Tax handling in AR - Statements and collections - Overview of Invoice to Cash flow - Accounts Receivable transactions |
| Accounting Transformation Process | 20% | - Subledger Accounting overview - Reconciliation and period close - Transaction accounting creation - Transfer to General Ledger |
| Budget to Report Process | 20% | - Budgeting and forecasting - Period close procedures - Financial reporting and analysis - Transaction capture and processing |
| Procure to Payment Process | 20% | - Invoices and payments - Expenses and reimbursement - Accounts Payable taxes - Overview of Procure to Payment flow - Cash reconciliation |
| Asset Acquisition to Retirement Process | 20% | - Asset lifecycle overview - Acquisition and addition - Depreciation and adjustments - Transfers and reclassifications - Retirement and disposal |
Oracle Financials Business Process Foundations Associate Rel 2 Sample Questions:
1. Your organization follows the integrated invoice imaging solution to scan and process sup-plier invoices. Steve is a Payables clerk and his job is to regularly review the invoices created from an invoice image that has invalid or missing dat a. In which status can these invoices be found? (Choose the best Answer.)
A) Not Validated
B) Incomplete
C) Needs Revalidation
D) Validated
2. Collector Jim Jones is working on a delinquent customer account and he has created some action items to follow up with this customer, including making a phone call and a personal vis-it. On which infotile can he find these action items? (Choose the best Answer.)
A) Delinquent
B) Strategy Tasks
C) Promises
D) Activities
3. Ganesh is trying to import a journal from an external system and he has encountered an error. Which are three reasons for the error? (Choose three.)
A) Accounting Period is Closed.
B) Accounting Date is in an Open Period.
C) Journal Source for the external system has not been defined.
D) Accounting Date is in a Future Period.
E) Accounting Date is in a Closed Period.
4. Your manager has requested you to evaluate the attributes based on which the scoring is calculated in the collections business process. Which three attributes would you suggest to your manager? (Choose three.)
A) Due Invoices
B) Number of Unidentified Receipts
C) Delinquency Amo
D) Number of Delinquencies
E) Number of Unapplied Receipts
5. Glenn Systems wants to deploy automatic controls to spot unusual or inappropriate expenses based on audit percentage, policy violations, specific keywords, and individuals with specific status. Which configuration will help them achieve this? (Choose the best Answer.)
A) Expense Report Audit Selection Rules
B) Expense Report Audit Rules by Expense Templates and Types
C) Expense Report Receipt and Notification Rules
D) Expense Audit List Rules
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: D | Question # 3 Answer: A,D,E | Question # 4 Answer: A,C,D | Question # 5 Answer: A |
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