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Oracle 1z0-1107-2 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Cash Management | - Bank Account Setup - Bank Reconciliation |
| Topic 2: Accounts Receivable | - Receipts and Collections - Billing and Invoicing - Customer Management |
| Topic 3: Accounts Payable | - Invoice Processing - Supplier Management - Payment Processing |
| Topic 4: Fixed Assets | - Depreciation Processing - Asset Creation and Management |
| Topic 5: General Ledger | - Financial Reporting Basics - Chart of Accounts and Ledger Configuration - Journal Processing |
| Topic 6: Oracle Financials Cloud Overview |
Oracle Financials Business Process Foundations Associate Rel 2 Sample Questions:
1. 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) Account Group
B) Calculation Manager
C) BI Publisher
D) Close Monitor
2. Which technology helps in calculating and recommending discounts for single payments in Oracle Payments? (Choose the best Answer.)
A) Adaptive Intelligence
B) Machine Learning
C) Internet of Things
D) 4. Digital Assistant
3. 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) Fortnightly Balance
B) Late Payments Only
C) Average Quarterly Balance
D) Overdue Transactions Only
E) Overdue Transactions and Late Payments
4. 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) Spreadsheet
C) Automatic Receipts
D) Toolbox
5. Which process involves the comparison of planned versus actual figures by designing re-ports with the help of state-of-the-art reporting tools? (Choose the best Answer.)
A) Procure to Pay
B) Accounting Transformation
C) Budget to Report
D) Invoice to Cash
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: A | Question # 3 Answer: B,D,E | Question # 4 Answer: A | Question # 5 Answer: C |
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