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Oracle 1z0-1107-2 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Cash Management | - Bank Reconciliation - Bank Account Setup |
| Topic 2: General Ledger | - Chart of Accounts and Ledger Configuration - Journal Processing - Financial Reporting Basics |
| Topic 3: Accounts Payable | - Invoice Processing - Supplier Management - Payment Processing |
| Topic 4: Fixed Assets | - Asset Creation and Management - Depreciation Processing |
| Topic 5: Accounts Receivable | - Customer Management - Receipts and Collections - Billing and Invoicing |
| Topic 6: Oracle Financials Cloud Overview |
Oracle Financials Business Process Foundations Associate Rel 2 Sample Questions:
Question 1
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 Create Journals page
B. Account Monitor
C. the Analyze Journal Entry page
D. the Account Override page
Question 2
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 using different hierarchies to represent the data from different perspectives.
D. Financial statements can be generated only in HTML format.
Question 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
Question 4
Glenn Systems owns a luxury car and they want to restrict the amount of depreciation that should be charged to this asset in a particular period. Which two types of depreciation ceiling can they use to achieve this? (Choose two.)
A. Depreciation Period Ceiling
B. Depreciation Expense Ceiling
C. Depreciation Cost Ceiling
D. Depreciation Rate Ceiling
Question 5
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 events selected for accounting and it is useful for segmenting events based on processing volumes.
B. Process Category helps you to restrict the subledger application for which the account-ing entries can be generated
C. Process Category helps you to restrict the ledger for which the accounting entries can be generated.
D. Process Category helps you to restrict the accounting mode as Draft or Final based on which the accounting entries should be generated.
Solutions:
| Question 1 Answer: C | Question 2 Answer: A,C | Question 3 Answer: A | Question 4 Answer: B,C | Question 5 Answer: A |
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