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Oracle 1z0-1107-2 Exam Syllabus Topics:

Oracle Financials Business Process Foundations Associate Rel 2 Sample Questions:

Question 1

Which tool do you use to preview the workings of your tax configuration before you per-form tax calculations on live transactions in a subledger application? (Choose the best Answer.)

A. Tax Estimator
B. Tax Simulator
C. Tax Manager
D. Tax Tester

Question 2

Which accounting engine is used to define the rules that help in generating the accounting entries for transactions such as supplier invoices and payments or customer invoices and receipts? (Choose the best Answer.)

A. Essbase Cube
B. Subledger Accounting (SLA)
C. Business Intelligence
D. General Ledger

Question 3

Your organization wants to implement a process that helps in recording requisitions, buying goods or services, and managing supplier invoices and payments. Which Financials business process would you recommend to achieve this? (Choose the best Answer.)

A. Asset to Retirement
B. Budget to Report
C. Procure to Pay
D. Invoice to Cash

Question 4

Which four statements are true about an effective subledger period close? (Choose four.)

A. Projects must be closed before Fixed Assets.
B. Payable must be closed before Projects.
C. Fixed Assets must be closed before Receivables.
D. Fixed Assets must be closed before Payables.
E. Payable must be closed before closing Fixed Assets.

Question 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. Accounting Transformation
B. Budget to Report
C. Procure to Pay
D. Invoice to Cash

Solutions: