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Oracle 1z0-1107-2 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Asset Acquisition to Retirement | 15% | - Fixed Assets Lifecycle
|
| Invoice to Cash Process | 20% | - Accounts Receivable Processes
|
| Accounting Transformation | 15% | - Subledger Accounting
|
| Procure to Pay Process | 20% | - Accounts Payable Processes
|
| Budget to Report Process | 20% | - Financial Planning and Reporting
|
| Oracle Cloud Financials Overview | 10% | - Financials Business Models
|
Oracle Financials Business Process Foundations Associate Rel 2 Sample Questions:
Question 1
Which four factors are responsible for calculating taxes on Receivables transactions? (Choose four.)
A. Places
B. Plans
C. Programs
D. Processes
E. Products
F. Parties
Question 2
John is working as a Cash Manager for Glenn Systems and regularly uses the Unreconciled infolet to review the unreconciled Bank Statement Lines and System Transactions. He is not able to find the details of some transactions on this infolet because there is a limitation for the number of days for which the data appears on this infolet. Identify the number of days for which data appears on this infolet.? (Choose the best Answer.)
A. last 55 days
B. last 45 days
C. last 65 days
D. last 50 days
Question 3
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. Completing the Meals Rate Spreadsheet > Setting up Policy Violations > Setting up a Meals Policy > Associating the Meals Expense Policy with an Expendim Type
C. Setting up Policy Violations > Setting up a Meals Policy > Completing the Meals Rate Spreadsheet > Associating the Meals Expense Policy with an Expense Type
D. 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
Question 4
Your manager is about to schedule the create accounting job to generate accounting entries on a periodic basis. Process Category is one of the parameters that could be optionally selected while submitting this job and your manager wants to know its relevance. What will be your response? (Choose the best Answer.)
A. Process Category helps you to restrict the subledger application for which the account-ing entries can be generated
B. Process Category helps you to restrict the ledger for which the accounting entries can be generated.
C. Process Category helps you to restrict the events selected for accounting and it is useful for segmenting events based on processing volumes.
D. Process Category helps you to restrict the accounting mode as Draft or Final based on which the accounting entries should be generated.
Question 5
Your organization has decided to apply late charges against overdue customer transactions as well as delayed payments. Your manager has requested you to evaluate the various methods that can be used to calculate late charges. Which three are valid options for calculating late charges? (Choose three.)
A. Overdue Transactions and Late Payments
B. Late Payments Only
C. Fortnightly Balance
D. Average Quarterly Balance
E. Overdue Transactions Only
Solutions:
| Question 1 Answer: A,B,D,E,F | Question 2 Answer: B | Question 3 Answer: A | Question 4 Answer: C | Question 5 Answer: A,B,E |







