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Oracle 1z0-1107-2 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Procure to Payment Process | 20% | - Invoices and payments - Expenses and reimbursement - Cash reconciliation - Overview of Procure to Payment flow - Accounts Payable taxes |
| Budget to Report Process | 20% | - Financial reporting and analysis - Period close procedures - Transaction capture and processing - Budgeting and forecasting |
| Asset Acquisition to Retirement Process | 20% | - Retirement and disposal - Asset lifecycle overview - Transfers and reclassifications - Depreciation and adjustments - Acquisition and addition |
| Accounting Transformation Process | 20% | - Transaction accounting creation - Transfer to General Ledger - Subledger Accounting overview - Reconciliation and period close |
| Invoice to Cash Process | 20% | - Tax handling in AR - Overview of Invoice to Cash flow - Statements and collections - Accounts Receivable transactions - Receipts and applications |
Oracle Financials Business Process Foundations Associate Rel 2 Sample Questions:
1. Which two statements are true about running the financial statements that are designed using Financial Reporting Web Studio? (Choose two.)
A) Business users can easily slice and dice the data across dimensions, and drill up, down, and sideways at any parent level.
B) Financial statements are generated using the data directly from the transactional tables.
C) Financial statements can be generated only in HTML format.
D) Financial statements can be generated using different hierarchies to represent the data from different perspectives.
2. Your organization has decided to automate the entry of cash receipts by using a method where the customer goes and deposits the money directly into your bank account for the due invoices and the banker provides a data file to you. Which method can your organization implement to achieve this? (Choose the best Answer.)
A) Lockbox
B) Automatic Receipts
C) Spreadsheet
D) Toolbox
3. 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 charges
C) late charges on delayed customer payments
D) bank interest
4. One of the internal auditors in your organization is reviewing subledger journals and want more details about the rules that were used to generate these journals. What would you use to review these rules? (Choose the best Answer.)
A) the Account Override page
B) Account Monitor
C) the Create Journals page
D) the Analyze Journal Entry page
5. 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) Interim
B) Draft
C) Provisional
D) Temporary
Solutions:
| Question # 1 Answer: A,D | Question # 2 Answer: A | Question # 3 Answer: B,D | Question # 4 Answer: D | Question # 5 Answer: B |

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