Oracle 1z0-1107-2 Exam Collection - Oracle Financials Business Process Foundations Associate Rel 2

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Oracle Financials Business Process Foundations Associate Rel 2 Sample Questions:

1. Your organization has decided to use specific business days for which the transactions should be considered in the cash positioning report. Which calendar would you assign to achieve this requirement on the Specify Cash Positioning and Forecast Options page? (Choose the best Answer.)

A) Default Source Calendar
B) Default Accounting Calendar
C) Default Prorate Calendar
D) Default Transaction Calendar


2. Your organization has decided to use the Balance Forward Billing feature to consolidate multiple invoices into a single bill and you have been asked to configure this feature. What is the recommended order of steps that needs to be followed to complete your configuration? (Choose the best Answer.)

A) Define BFB Payment Terms > Define BFB Billing Cycle > Enable BFB in the Customer Profile > Attach BFB Payment Terms to Customer
B) Define BFB Billing Cycle > Define BFB Payment Terms > Enable BFB in the Customer Profile > Attach BFB Payment Terms to Customer
C) Define BFB Payment Terms > Attach BFB Payment Terms to Customer > Enable BFB in the Customer Profile > Define BFB Billing Cycle
D) Enable BFB in the Customer Profile > Define BFB Payment Terms > Define BFB Billing Cycle > Attach BFB Payment Terms to Customer


3. 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) Financial statements are generated using the data directly from the transactional tables.
D) Business users can easily slice and dice the data across dimensions, and drill up, down, and sideways at any parent level.


4. Which three attributes can be used as selection criteria when submitting a payment process request? (Choose three.)

A) Payment Terms
B) Pay Groups
C) Invoice Type
D) Supplier Type
E) Pay Through Date


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


Solutions:

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

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