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Oracle 1z0-1107-2 Exam Syllabus Topics:

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

Oracle Financials Business Process Foundations Associate Rel 2 Sample Questions:

Your organization has recently made changes to one of the accounting rules to comply with the new accounting requirement. In which mode will you generate the accounting to verify that the changes made to the rule are producing the desired accounting entries before generating the final accounting? (Choose the best Answer.)

  • A. Draft
  • B. Temporary
  • C. Provisional
  • D. Interim
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

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Easy Solutions INC has decided to set up a meals expense policy and you have been given the responsibility to define the policy. Identify the correct sequence of steps that should be per-formed to define the meals expense policy? (Choose the best Answer.)

  • A. Setting up a Meals Policy > Setting up Policy Violations > Completing the Meals Rate Spreadsheet > Associating the Meals Expense Policy with an Expense Type
  • B. Completing the Meals Rate Spreadsheet > Setting up Policy Violations > Setting up a Meals Policy > Associating the Meals Expense Policy with an Expendim Type
  • C. Associating the Meals Expense Policy with an Expense Type > Setting up Policy Violations > Setting up a Meals Policy > Associating the Meals Expense Policy with an Expense Type
  • D. Setting up Policy Violations > Setting up a Meals Policy > Completing the Meals Rate Spreadsheet > Associating the Meals Expense Policy with an Expense Type
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

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

  • A. Programs
  • B. Processes
  • C. Parties
  • D. Plans
  • E. Products
  • F. Places
Reveal Solution  Discussion  0

Correct Answer: B,C,D,E,F  🗳️

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Glenn Systems runs an advertising campaign on a monthly basis for which the expenses are incurred by the Head Office. They have a requirement to distribute the advertising ex-penses by each line of business at the end of a period. Which tool can they use to automate the distribution at the end of a period? (Choose the best Answer.)

  • A. Calculation Manager
  • B. BI Publisher
  • C. Account Group
  • D. Close Monitor
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

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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. Delinquency Amo
  • B. Number of Unapplied Receipts
  • C. Number of Unidentified Receipts
  • D. Number of Delinquencies
  • E. Due Invoices
Reveal Solution  Discussion  0

Correct Answer: A,D,E  🗳️

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