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Oracle 1z0-1107-2 Exam Syllabus Topics:

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

Oracle Financials Business Process Foundations Associate Rel 2 Sample Questions:

1. 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) Toolbox
B) Spreadsheet
C) Automatic Receipts
D) Lockbox


2. 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) Procure to Pay
C) Invoice to Cash
D) Budget to Report


3. Which two statements are true about running the financial statements that are designed using Financial Reporting Web Studio? (Choose two.)

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


4. Robert works as a General Accountant for Glenn Systems and he has a requirement to inquire and analyze the GL Account balances on a regular basis. Which tool can he use to in-quire and analyze the GL Account balances online? (Choose the best Answer.)

A) Account Inspector
B) Balance Tracker
C) Account Tracker
D) Balance Inspector


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


Solutions:

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

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