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Oracle 1z0-1107-2 Exam Syllabus Topics:

Oracle Financials Business Process Foundations Associate Rel 2 Sample Questions:

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

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

2. Which two statements are true about creating case folders within the Customer Statement to Collections business process? (Choose two.)

A) Billing transactions can be of multiple currencies.
B) Billing transactions must be of the same currency.
C) Billing transactions must belong to the same bill-to customer.
D) Billing transactions can belong to multiple case folders.

3. Your manager is about to schedule the create accounting job to generate accounting entries on a periodic basis. Process Category is one of the parameters that could be optionally selected while submitting this job and your manager wants to know its relevance. What will be your response? (Choose the best Answer.)

A) Process Category helps you to restrict the events selected for accounting and it is useful for segmenting events based on processing volumes.
B) Process Category helps you to restrict the subledger application for which the account-ing entries can be generated
C) Process Category helps you to restrict the ledger for which the accounting entries can be generated.
D) Process Category helps you to restrict the accounting mode as Draft or Final based on which the accounting entries should be generated.

4. 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 Prorate Calendar
B) Default Accounting Calendar
C) Default Transaction Calendar
D) Default Source Calendar

5. Which tool do you use to preview the workings of your tax configuration before you per-form tax calculations on live transactions in a subledger application? (Choose the best Answer.)

A) Tax Estimator
B) Tax Tester
C) Tax Manager
D) Tax Simulator

Solutions: