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Oracle 1z0-1107-2 Exam Syllabus Topics:

SectionWeightObjectives
Accounting Transformation Process20%- Subledger Accounting overview
- Reconciliation and period close
- Transfer to General Ledger
- Transaction accounting creation
Budget to Report Process20%- Financial reporting and analysis
- Transaction capture and processing
- Period close procedures
- Budgeting and forecasting
Invoice to Cash Process20%- Overview of Invoice to Cash flow
- Accounts Receivable transactions
- Tax handling in AR
- Statements and collections
- Receipts and applications
Asset Acquisition to Retirement Process20%- Retirement and disposal
- Depreciation and adjustments
- Acquisition and addition
- Transfers and reclassifications
- Asset lifecycle overview
Procure to Payment Process20%- Cash reconciliation
- Accounts Payable taxes
- Expenses and reimbursement
- Overview of Procure to Payment flow
- Invoices and payments

Oracle Financials Business Process Foundations Associate Rel 2 Sample Questions:

1. Your organization is exploring solutions that enable their employees to submit expenses by using opt such as SMS or Microsoft Teams. Which technology will help your organization achieve this? (Choose the best Answer.)

A) Adaptive Intelligence
B) digital Assistant
C) IOT
D) Blockchain


2. Ganesh works for Glenn Systems as a General Accountant and he has a requirement to create periodic allocations at the end of the month to distribute welfare expenses. The allocations will be based on headcounts in each department. In which currency should the journal entry be created to load the headcounts? (Choose the best Answer.)

A) Reporting Currency
B) Foreign Currency
C) Statistical Currency
D) Ledger Currency


3. 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


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


5. John works as a Cash Manager in Glenn Systems and he wants to create the Cash Positioning report by using the predefined system transactions as sources. Identify three predefined sources that John can choose to create this report.? (Choose three.)

A) AP Payments
B) Purchase Orders
C) AP Invoices
D) Purchase Requisitions
E) AR Invoices


Solutions:

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

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