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Oracle 1z0-1107-2 Exam Syllabus Topics:

Oracle Financials Business Process Foundations Associate Rel 2 Sample Questions:

1. Cash Management provides you the flexibility to create external transactions. Which two types of transactions can be categorized as external? (Choose two.)

A) penalty for delayed supplier payments
B) bank interest
C) bank charges
D) late charges on delayed customer payments

2. Sharon is working as a collections manager and he is interested in performing an analysis based on the difference between the date of settlement and the due date of payment of invoice. Which key performance indicator will help him to review this information? (Choose the best Answer.)

A) Promise to Pay
B) Collector Effective Index
C) Percent Current
D) Days Sales Outstanding
E) Average Days Delinquent

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 Date is in a Closed Period.
B) Journal Source for the external system has not been defined.
C) Accounting Period is Closed.
D) Accounting Date is in an Open Period.
E) Accounting Date is in a Future Period.

4. Your organization has a requirement to ensure that the expense reports are reviewed on a regular basis to comply with its reimbursement policies. Which job role would you recommend for a person who is authorized to review and identify the compliance issues with the submitted expense reports? (Choose the best Answer.)

A) Expense Manager
B) Expense Auditor
C) Accounts Payables Specialist
D) Procurement Agent

5. Which tool do you use to preview the workings of your tax configuration before you per-form tax calculations on live transactions in a subledger application? (Choose the best Answer.)

A) Tax Estimator
B) Tax Tester
C) Tax Manager
D) Tax Simulator

Solutions: