- Exam Code: 1z0-1107-2
- Exam Name: Oracle Financials Business Process Foundations Associate Rel 2
- Certification Provider: Oracle
- Corresponding Certification:Oracle Foundation
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Oracle 1z0-1107-2 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Asset Acquisition to Retirement Process | 20% | - Depreciation and adjustments - Transfers and reclassifications - Acquisition and addition - Retirement and disposal - Asset lifecycle overview |
| Procure to Payment Process | 20% | - Invoices and payments - Accounts Payable taxes - Cash reconciliation - Overview of Procure to Payment flow - Expenses and reimbursement |
| Accounting Transformation Process | 20% | - Transfer to General Ledger - Subledger Accounting overview - Transaction accounting creation - Reconciliation and period close |
| Invoice to Cash Process | 20% | - Tax handling in AR - Statements and collections - Accounts Receivable transactions - Overview of Invoice to Cash flow - Receipts and applications |
| Budget to Report Process | 20% | - Budgeting and forecasting - Period close procedures - Transaction capture and processing - Financial reporting and analysis |
Oracle Financials Business Process Foundations Associate Rel 2 Sample Questions:
One of the internal auditors in your organization is reviewing subledger journals and want more details about the rules that were used to generate these journals. What would you use to review these rules? (Choose the best Answer.)
- A. the Account Override page
- B. the Analyze Journal Entry page
- C. Account Monitor
- D. the Create Journals page
Correct Answer: B 🗳️
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Which technology helps in calculating and recommending discounts for single payments in Oracle Payments? (Choose the best Answer.)
- A. Machine Learning
- B. Adaptive Intelligence
- C. Internet of Things
- D. 4. Digital Assistant
Correct Answer: B 🗳️
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Glenn Systems has decided to use the batch scheduler functionality to automatically dis-tribute the Budget Vs Actual analysis reports via emails. Which feature of batch scheduler can they use to achieve this? (Choose the best Answer.)
- A. Break Out
- B. Bursting
- C. Distribute
- D. Explode
Correct Answer: B 🗳️
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Easy Solutions INC has decided to set up a meals expense policy and you have been given the responsibility to define the policy. Identify the correct sequence of steps that should be per-formed to define the meals expense policy? (Choose the best Answer.)
- A. Setting up a Meals Policy > Setting up Policy Violations > Completing the Meals Rate Spreadsheet > Associating the Meals Expense Policy with an Expense Type
- B. Setting up Policy Violations > Setting up a Meals Policy > Completing the Meals Rate Spreadsheet > Associating the Meals Expense Policy with an Expense Type
- C. Associating the Meals Expense Policy with an Expense Type > Setting up Policy Violations > Setting up a Meals Policy > Associating the Meals Expense Policy with an Expense Type
- D. Completing the Meals Rate Spreadsheet > Setting up Policy Violations > Setting up a Meals Policy > Associating the Meals Expense Policy with an Expendim Type
Correct Answer: A 🗳️
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Your organization is exploring solutions that enable their employees to submit expenses by using opt such as SMS or Microsoft Teams. Which technology will help your organization achieve this? (Choose the best Answer.)
- A. IOT
- B. Adaptive Intelligence
- C. Blockchain
- D. digital Assistant
Correct Answer: D 🗳️
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