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Oracle 1z0-1107-2 Exam Syllabus Topics:

Oracle Financials Business Process Foundations Associate Rel 2 Sample Questions:

Question 1

Which four statements are true about creating assets from Payable Invoice lines by using the Create Mass Additions process? (Choose four.)

A. Payable Invoice must be validated and accounted.
B. Invoice Lines must be charged to a Revenue Account.
C. Invoice Lines must be charged to an Asset Account.
D. Payable Invoice must be transferred to General Ledger.
E. The "Track as Asset" check box must be selected for the invoice distribution lines.

Question 2

Which two statements are true about running the financial statements that are designed using Financial Reporting Web Studio? (Choose two.)

A. Financial statements can be generated only in HTML format.
B. Financial statements are generated using the data directly from the transactional tables.
C. Business users can easily slice and dice the data across dimensions, and drill up, down, and sideways at any parent level.
D. Financial statements can be generated using different hierarchies to represent the data from different perspectives.

Question 3

Which four statements are true about an effective subledger period close? (Choose four.)

A. Payable must be closed before Projects.
B. Fixed Assets must be closed before Payables.
C. Projects must be closed before Fixed Assets.
D. Payable must be closed before closing Fixed Assets.
E. Fixed Assets must be closed before Receivables.

Question 4

Which process involves the comparison of planned versus actual figures by designing re-ports with the help of state-of-the-art reporting tools? (Choose the best Answer.)

A. Procure to Pay
B. Invoice to Cash
C. Accounting Transformation
D. Budget to Report

Question 5

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. Number of Unapplied Receipts
B. Number of Delinquencies
C. Due Invoices
D. Number of Unidentified Receipts
E. Delinquency Amo

Solutions: