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Oracle 1z0-1107-2 Exam Syllabus Topics:

Oracle Financials Business Process Foundations Associate Rel 2 Sample Questions:

Question 1

Ganesh is trying to import a journal from an external system and he has encountered an error. Which are three reasons for the error? (Choose three.)

A. Journal Source for the external system has not been defined.
B. Accounting Date is in a Future Period.
C. Accounting Date is in an Open Period.
D. Accounting Period is Closed.
E. Accounting Date is in a Closed Period.

Question 2

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

Question 3

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. Purchase Orders
B. AP Payments
C. AR Invoices
D. AP Invoices
E. Purchase Requisitions

Question 4

Sharon is working as a collections manager and he is interested in performing an analysis based on the difference between the date of settlement and the due date of payment of invoice. Which key performance indicator will help him to review this information? (Choose the best Answer.)

A. Average Days Delinquent
B. Promise to Pay
C. Collector Effective Index
D. Percent Current
E. Days Sales Outstanding

Question 5

Which four factors are responsible for calculating taxes on Receivables transactions? (Choose four.)

A. Places
B. Plans
C. Programs
D. Processes
E. Products
F. Parties

Solutions: