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Oracle 1z0-1107-2 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Accounts Receivable | - Billing and Invoicing - Receipts and Collections - Customer Management |
| Topic 2: Accounts Payable | - Invoice Processing - Supplier Management - Payment Processing |
| Topic 3: Oracle Financials Cloud Overview | |
| Topic 4: Cash Management | - Bank Reconciliation - Bank Account Setup |
| Topic 5: Fixed Assets | - Asset Creation and Management - Depreciation Processing |
| Topic 6: General Ledger | - Chart of Accounts and Ledger Configuration - Financial Reporting Basics - Journal Processing |
Oracle Financials Business Process Foundations Associate Rel 2 Sample Questions:
Which four factors are responsible for calculating taxes on Receivables transactions? (Choose four.)
- A. Programs
- B. Products
- C. Places
- D. Parties
- E. Processes
- F. Plans
Correct Answer: B,C,D,E,F 🗳️
Explanation: Only visible for Pass4sures members. You can sign-up / login (it's free).
Robert works as an Asset Accountant for Glenn Systems and tracks the transactions that require attention by using the Additions infotile in the Assets work are a. Which three statuses can he track by using this infotile? (Choose three.)
- A. Ready to Transfer
- B. Merged
- C. Ready to Post
- D. Exceptions
- E. Incomplete
Correct Answer: C,D,E 🗳️
Explanation: Only visible for Pass4sures members. You can sign-up / login (it's free).
Your manager has requested you to evaluate the attributes based on which the scoring is calculated in the collections business process. Which three attributes would you suggest to your manager? (Choose three.)
- A. Number of Delinquencies
- B. Number of Unidentified Receipts
- C. Number of Unapplied Receipts
- D. Delinquency Amo
- E. Due Invoices
Correct Answer: A,D,E 🗳️
Explanation: Only visible for Pass4sures members. You can sign-up / login (it's free).
Cash Management provides you the flexibility to create external transactions. Which two types of transactions can be categorized as external? (Choose two.)
- A. bank charges
- B. late charges on delayed customer payments
- C. penalty for delayed supplier payments
- D. bank interest
Correct Answer: A,D 🗳️
Explanation: Only visible for Pass4sures members. You can sign-up / login (it's free).
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. Accounting Period is Closed.
- B. Accounting Date is in a Closed Period.
- C. Journal Source for the external system has not been defined.
- D. Accounting Date is in an Open Period.
- E. Accounting Date is in a Future Period.
Correct Answer: A,B,E 🗳️
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