Oracle 1z0-1107-2 Exam Questions : Oracle Financials Business Process Foundations Associate Rel 2

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Oracle 1z0-1107-2 Exam Syllabus Topics:

Oracle Financials Business Process Foundations Associate Rel 2 Sample Questions:

1. Which accounting engine is used to define the rules that help in generating the accounting entries for transactions such as supplier invoices and payments or customer invoices and receipts? (Choose the best Answer.)

A) General Ledger
B) Subledger Accounting (SLA)
C) Business Intelligence
D) Essbase Cube

2. Which three can be captured on an Invoice Header while recording a supplier invoice in the Payables application? (Choose three.)

A) invoice amount
B) supplier details
C) integration details with other applications
D) distribution combination
E) invoice number

3. Glenn Systems runs an advertising campaign on a monthly basis for which the expenses are incurred by the Head Office. They have a requirement to distribute the advertising ex-penses by each line of business at the end of a period. Which tool can they use to automate the distribution at the end of a period? (Choose the best Answer.)

A) Calculation Manager
B) BI Publisher
C) Account Group
D) Close Monitor

4. Which technology helps in calculating and recommending discounts for single payments in Oracle Payments? (Choose the best Answer.)

A) 4. Digital Assistant
B) Internet of Things
C) Adaptive Intelligence
D) Machine Learning

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 Only
B) Late Payments Only
C) Fortnightly Balance
D) Overdue Transactions and Late Payments
E) Average Quarterly Balance

Solutions: