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Not sure whether Fast2test is the right choice for your 1z0-1107-2 preparation? Download the free demo and work through sample questions from the Oracle Financials Business Process Foundations Associate Rel 2 practice test before you spend anything. The full set contains 48 questions and answers.

Oracle 1z0-1107-2 Exam Overview:

Certification Vendor:Oracle
Exam Name:Oracle Financials Business Process Foundations Associate Rel 2
Exam Number:1Z0-1107-2
Related Certifications:Oracle Financials Business Process Foundations Associate
Passing Score:60%
Exam Duration:90 minutes
Certificate Validity Period:Oracle certifications generally do not expire, but may become inactive when the associated product release is retired
Exam Price:$95 USD
Real Exam Qty:40
Available Languages:English
Exam Format:Multiple Choice
Sample Questions:Oracle 1z0-1107-2 Sample Questions
Exam Way:Online proctored exam or in-person testing through Oracle Certification testing partners.
Pre Condition:No prerequisite certification required. Basic understanding of finance and ERP business processes is recommended.
Official Syllabus URL:https://education.oracle.com/oracle-financials-business-process-foundations-associate/trackp_ERP_FIN_FOUNDATION

Oracle 1z0-1107-2 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Invoice to Cash Process20%- Accounts Receivable Processes
  • 1. Invoice Creation
  • 2. Receipt Processing
  • 3. Customer Management
  • 4. Revenue Recognition
  • 5. Collections Management
Topic 2: Budget to Report Process20%- Financial Planning and Reporting
  • 1. Business Intelligence and Analytics
  • 2. Financial Reporting
  • 3. Budget Management
  • 4. Forecasting
  • 5. Period Close Process
Topic 3: Oracle Cloud Financials Overview10%- Financials Business Models
  • 1. Oracle Fusion Cloud Financials Overview
  • 2. Business Process Architecture
  • 3. Financial Management Concepts
  • 4. Enterprise Structures
Topic 4: Procure to Pay Process20%- Accounts Payable Processes
  • 1. Expense Reimbursement
  • 2. Cash Reconciliation
  • 3. Supplier Management
  • 4. Payment Processing
  • 5. Invoice Processing
Topic 5: Asset Acquisition to Retirement15%- Fixed Assets Lifecycle
  • 1. Depreciation
  • 2. Asset Capitalization
  • 3. Asset Transfer
  • 4. Asset Acquisition
  • 5. Asset Retirement
Topic 6: Accounting Transformation15%- Subledger Accounting
  • 1. Accounting Entries
  • 2. Posting to General Ledger
  • 3. Financial Data Integration
  • 4. Journal Processing

Oracle 1z0-1107-2 FAQs: What Every Candidate Asks

The 1z0-1107-2 exam, officially titled Oracle Financials Business Process Foundations Associate Rel 2, is the qualifying test for the Oracle Foundation certification from Oracle, a credential at the Associate level. Passing it proves you have the skills employers look for in certified professionals, and it can also support progress toward related credentials such as Oracle Financials Business Process Foundations Associate.

The Oracle Financials Business Process Foundations Associate Rel 2 exam gives you 90 minutes to work through 40 questions. That is a steady pace with little room for second-guessing, so train yourself to read each question once, flag the difficult ones, and keep moving. Before exam day, sit at least two full timed sessions in the Fast2test test engine — when the clock feels familiar, it stops being a threat.

You need 60% to pass, and the official registration fee is $95 USD. Fall short and you pay that fee in full again for every retake, which makes solid preparation the cheaper option by far. Work through the Fast2test practice questions until you score comfortably above the passing mark, then book your seat.

No prerequisite certification required. Basic understanding of finance and ERP business processes is recommended. Eligibility rules can change over time, so before you register, confirm the latest requirements on the official exam page: Oracle 1z0-1107-2 exam overview.

Yes. Fast2test offers a free PDF demo for the Oracle Financials Business Process Foundations Associate Rel 2 exam so you can judge the quality of our questions and answers before paying anything. Every purchase also comes with 365 days of free updates, and once that period expires you can extend your update service at a 50% discount.

Your purchase is protected by a 100% money-back guarantee. If you sit the corresponding 1z0-1107-2 exam within 60 days of buying and do not pass, send us a scan of your exam enrollment slip together with your official Score Report (PDF) within 2 days of the exam date — the candidate name must match the payer's name — and we will process your full refund within 7 days. Please note that exams taken within 3 days of purchase, materials downloaded without ever sitting the exam, free products, and expired orders are not covered. If you would rather not have a refund, you can exchange your order for two exam products of equal value, free of charge, and keep the update service on your original purchase.

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The Oracle Financials Business Process Foundations Associate Rel 2 syllabus is organized into 6 domains. The main areas include Oracle Cloud Financials Overview (10%), Accounting Transformation (15%), and Budget to Report Process (20%). Scroll up to the Exam Topics section above for the complete, current outline before you plan your study schedule.

Oracle Financials Business Process Foundations Associate Rel 2 Sample Questions:

Question 1

Glenn Systems has decided to enable the Additional Duplicate Invoice Check feature. Which three additional attributes are considered for duplicate invoice check when this feature is enabled? (Choose three.)

A. Supplier Location
B. Invoice Amount
C. Invoice Type
D. Supplier Tax Registration Number
E. Invoice Date


Question 2

Collector Jim Jones is working on a delinquent customer account and he has created some action items to follow up with this customer, including making a phone call and a personal vis-it. On which infotile can he find these action items? (Choose the best Answer.)

A. Activities
B. Promises
C. Delinquent
D. Strategy Tasks


Question 3

Your organization has a requirement to ensure that the expense reports are reviewed on a regular basis to comply with its reimbursement policies. Which job role would you recommend for a person who is authorized to review and identify the compliance issues with the submitted expense reports? (Choose the best Answer.)

A. Procurement Agent
B. Expense Auditor
C. Accounts Payables Specialist
D. Expense Manager


Question 4

Which technology helps in calculating and recommending discounts for single payments in Oracle Payments? (Choose the best Answer.)

A. Adaptive Intelligence
B. Internet of Things
C. Machine Learning
D. 4. Digital Assistant


Question 5

Invoice Number S10231234 for USD 1000 was raised for the customer "Business World" on 1st January 2022 with a payment term of 30 days. This invoice became due on 31st January 2022, but the customer has not yet made the payment due to an unresolved dispute. Which subprocess in the Invoice to Cash life cycle flow helps you to manage and resolve disputes for such type of delinquent invoices? (Choose the best Answer.)

A. Bank Transaction to Position
B. Customer Statement to Collection
C. Customer Invoice to Receipt
D. Customer Contract to Revenue


Solutions:

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

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