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Oracle 1z0-1107-2 Exam Syllabus Topics:

SectionWeightObjectives
Budget to Report Process20%- Financial Planning and Reporting
  • 1. Business Intelligence and Analytics
  • 2. Budget Management
  • 3. Forecasting
  • 4. Financial Reporting
  • 5. Period Close Process
Oracle Cloud Financials Overview10%- Financials Business Models
  • 1. Oracle Fusion Cloud Financials Overview
  • 2. Financial Management Concepts
  • 3. Business Process Architecture
  • 4. Enterprise Structures
Procure to Pay Process20%- Accounts Payable Processes
  • 1. Supplier Management
  • 2. Cash Reconciliation
  • 3. Expense Reimbursement
  • 4. Payment Processing
  • 5. Invoice Processing
Accounting Transformation15%- Subledger Accounting
  • 1. Posting to General Ledger
  • 2. Journal Processing
  • 3. Accounting Entries
  • 4. Financial Data Integration
Asset Acquisition to Retirement15%- Fixed Assets Lifecycle
  • 1. Depreciation
  • 2. Asset Capitalization
  • 3. Asset Transfer
  • 4. Asset Acquisition
  • 5. Asset Retirement
Invoice to Cash Process20%- Accounts Receivable Processes
  • 1. Invoice Creation
  • 2. Receipt Processing
  • 3. Revenue Recognition
  • 4. Customer Management
  • 5. Collections Management

Oracle Financials Business Process Foundations Associate Rel 2 Sample Questions:

1. Which three preferred delivery methods can you choose to send statements to your customers while defining customer profile classes? (Choose three.)

A) Print
B) SMS
C) WhatsApp
D) Fax
E) Email


2. Easy Solutions INC has decided to set up a meals expense policy and you have been given the responsibility to define the policy. Identify the correct sequence of steps that should be per-formed to define the meals expense policy? (Choose the best Answer.)

A) Completing the Meals Rate Spreadsheet > Setting up Policy Violations > Setting up a Meals Policy > Associating the Meals Expense Policy with an Expendim Type
B) Setting up a Meals Policy > Setting up Policy Violations > Completing the Meals Rate Spreadsheet > Associating the Meals Expense Policy with an Expense Type
C) Setting up Policy Violations > Setting up a Meals Policy > Completing the Meals Rate Spreadsheet > Associating the Meals Expense Policy with an Expense Type
D) Associating the Meals Expense Policy with an Expense Type > Setting up Policy Violations > Setting up a Meals Policy > Associating the Meals Expense Policy with an Expense Type


3. 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 validated and accounted.
B) Invoice Lines must be charged to an Asset Account.
C) The "Track as Asset" check box must be selected for the invoice distribution lines.
D) Payable Invoice must be transferred to General Ledger.
E) Invoice Lines must be charged to a Revenue Account.


4. Which two statements are true about Oracle Expenses Cloud integration with travel partners? (Choose two.)

A) Oracle Expenses Cloud supports direct integration only with GetThere.
B) Oracle Expenses Cloud supports direct integration only with TripActions.
C) Oracle Expenses Cloud supports integration with other partners through Rest APIs.
D) Oracle Expenses Cloud supports direct integration only with Concur.


5. Robert works as an Asset Accountant for Glenn Systems and tracks the transactions that require attention by using the Additions infotile in the Assets work are a. Which three statuses can he track by using this infotile? (Choose three.)

A) Incomplete
B) Merged
C) Ready to Transfer
D) Exceptions
E) Ready to Post


Solutions:

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

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