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Oracle 1z0-1107-2 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Budget to Report Process | 20% | - Financial Planning and Reporting
|
| Oracle Cloud Financials Overview | 10% | - Financials Business Models
|
| Procure to Pay Process | 20% | - Accounts Payable Processes
|
| Accounting Transformation | 15% | - Subledger Accounting
|
| Asset Acquisition to Retirement | 15% | - Fixed Assets Lifecycle
|
| Invoice to Cash Process | 20% | - Accounts Receivable Processes
|
Oracle Financials Business Process Foundations Associate Rel 2 Sample Questions:
Question #1
Which technology helps in calculating and recommending discounts for single payments in Oracle Payments? (Choose the best Answer.)
A. 4. Digital Assistant
B. Adaptive Intelligence
C. Machine Learning
D. Internet of Things
Question #2
Which four statements are true about creating assets from Payable Invoice lines by using the Create Mass Additions process? (Choose four.)
A. Payable Invoice must be transferred to General Ledger.
B. Payable Invoice must be validated and accounted.
C. Invoice Lines must be charged to an Asset Account.
D. The "Track as Asset" check box must be selected for the invoice distribution lines.
E. Invoice Lines must be charged to a Revenue Account.
Question #3
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 Analyze Journal Entry page
B. the Create Journals page
C. the Account Override page
D. Account Monitor
Question #4
Which two statements are true about running the financial statements that are designed using Financial Reporting Web Studio? (Choose two.)
A. Financial statements can be generated only in HTML format.
B. Financial statements can be generated using different hierarchies to represent the data from different perspectives.
C. Financial statements are generated using the data directly from the transactional tables.
D. Business users can easily slice and dice the data across dimensions, and drill up, down, and sideways at any parent level.
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 subledger application for which the account-ing entries can be generated
B. Process Category helps you to restrict the ledger for which the accounting entries can be generated.
C. Process Category helps you to restrict the accounting mode as Draft or Final based on which the accounting entries should be generated.
D. Process Category helps you to restrict the events selected for accounting and it is useful for segmenting events based on processing volumes.
Solutions:
| Question #1 Correct Answer: B | Question #2 Correct Answer: A,B,C,D | Question #3 Correct Answer: A | Question #4 Correct Answer: B,D | Question #5 Correct Answer: D |


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