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Oracle 1z0-1107-2 Exam Syllabus Topics:

Oracle Financials Business Process Foundations Associate Rel 2 Sample Questions:

1. Your organization has recently made changes to one of the accounting rules to comply with the new accounting requirement. In which mode will you generate the accounting to verify that the changes made to the rule are producing the desired accounting entries before generating the final accounting? (Choose the best Answer.)

A) Temporary
B) Provisional
C) Interim
D) Draft

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

3. Your organization has hired Steven Johns who will be responsible for analyzing the financial performance and providing feedback for better decision making. Which job role will help Steven Johns to perform his job in the organization? (Choose the best Answer.)

A) General Accounting Manager
B) General Accountant
C) Financial Analyst
D) Cash Manager

4. Your organization has decided to use the automatic reconciliation feature to reconcile bank statement lines with system transactions. Which three components will be useful for the auto-matic reconciliation of bank statements with system transactions? (Choose three.)

A) Transaction Grouping Rules
B) Matching Rules
C) Transfer Rules
D) Tolerance Rules
E) Parse Rule Set

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

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

Solutions: