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Oracle 1z0-1107-2 Exam Syllabus Topics:

Oracle Financials Business Process Foundations Associate Rel 2 Sample Questions:

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

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

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

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

4. 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) Account Monitor
B) the Create Journals page
C) the Analyze Journal Entry page
D) the Account Override page

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

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

Solutions: