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Oracle 1z0-1107-2 Exam Syllabus Topics:

Oracle Financials Business Process Foundations Associate Rel 2 Sample Questions:

Question 1

Which four factors are responsible for calculating taxes on Receivables transactions? (Choose four.)

A. Plans
B. Programs
C. Processes
D. Parties
E. Products
F. Places

Question 2

John is working as a Cash Manager for Glenn Systems and regularly uses the Unreconciled infolet to review the unreconciled Bank Statement Lines and System Transactions. He is not able to find the details of some transactions on this infolet because there is a limitation for the number of days for which the data appears on this infolet. Identify the number of days for which data appears on this infolet.? (Choose the best Answer.)

A. last 50 days
B. last 65 days
C. last 45 days
D. last 55 days

Question 3

Your organization has decided to use the automatic reconciliation feature to reconcile bank statement lines with system transactions. Which three components will be useful for the auto-matic reconciliation of bank statements with system transactions? (Choose three.)

A. Tolerance Rules
B. Transfer Rules
C. Parse Rule Set
D. Matching Rules
E. Transaction Grouping Rules

Question 4

Ganesh is trying to import a journal from an external system and he has encountered an error. Which are three reasons for the error? (Choose three.)

A. Journal Source for the external system has not been defined.
B. Accounting Date is in an Open Period.
C. Accounting Date is in a Future Period.
D. Accounting Date is in a Closed Period.
E. Accounting Period is Closed.

Question 5

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 using different hierarchies to represent the data from different perspectives.
B. Financial statements can be generated only in HTML format.
C. Business users can easily slice and dice the data across dimensions, and drill up, down, and sideways at any parent level.
D. Financial statements are generated using the data directly from the transactional tables.

Solutions: