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Oracle 1z0-1107-2 Exam Syllabus Topics:

SectionWeightObjectives
Procure to Payment Process20%- Overview of Procure to Payment flow
- Accounts Payable taxes
- Invoices and payments
- Expenses and reimbursement
- Cash reconciliation
Asset Acquisition to Retirement Process20%- Retirement and disposal
- Asset lifecycle overview
- Transfers and reclassifications
- Depreciation and adjustments
- Acquisition and addition
Budget to Report Process20%- Transaction capture and processing
- Financial reporting and analysis
- Budgeting and forecasting
- Period close procedures
Accounting Transformation Process20%- Subledger Accounting overview
- Reconciliation and period close
- Transfer to General Ledger
- Transaction accounting creation
Invoice to Cash Process20%- Accounts Receivable transactions
- Receipts and applications
- Statements and collections
- Overview of Invoice to Cash flow
- Tax handling in AR

Oracle Financials Business Process Foundations Associate Rel 2 Sample Questions:

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) the Account Override page
C) the Analyze Journal Entry page
D) Account Monitor


2. 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) Provisional
B) Draft
C) Temporary
D) Interim


3. 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 Expense Ceiling
B) Depreciation Rate Ceiling
C) Depreciation Cost Ceiling
D) Depreciation Period Ceiling


4. Cash Management provides you the flexibility to create external transactions. Which two types of transactions can be categorized as external? (Choose two.)

A) bank interest
B) late charges on delayed customer payments
C) bank charges
D) penalty for delayed supplier payments


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

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


Solutions:

Question # 1
Answer: C
Question # 2
Answer: B
Question # 3
Answer: A,C
Question # 4
Answer: A,C
Question # 5
Answer: A,C,D

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