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Oracle Financials Business Process Foundations Associate Rel 2 : 1z0-1107-2 Exam

1z0-1107-2 actual test
  • Exam Code: 1z0-1107-2
  • Exam Name: Oracle Financials Business Process Foundations Associate Rel 2
  • Updated: Jul 18, 2026
  • Q & A: 48 Questions and Answers
  • PDF Demo
  • PC Test Engine
  • Online Test Engine
  • Total Price: $59.99  

About Oracle Financials Business Process Foundations Associate Rel 2 : 1z0-1107-2 Exam

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Oracle 1z0-1107-2 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Procure to Payment Process20%- Accounts Payable taxes
- Invoices and payments
- Overview of Procure to Payment flow
- Expenses and reimbursement
- Cash reconciliation
Topic 2: Accounting Transformation Process20%- Subledger Accounting overview
- Transfer to General Ledger
- Reconciliation and period close
- Transaction accounting creation
Topic 3: Budget to Report Process20%- Budgeting and forecasting
- Financial reporting and analysis
- Transaction capture and processing
- Period close procedures
Topic 4: Asset Acquisition to Retirement Process20%- Acquisition and addition
- Retirement and disposal
- Asset lifecycle overview
- Depreciation and adjustments
- Transfers and reclassifications
Topic 5: Invoice to Cash Process20%- Accounts Receivable transactions
- Tax handling in AR
- Overview of Invoice to Cash flow
- Receipts and applications
- Statements and collections

Oracle Financials Business Process Foundations Associate Rel 2 Sample Questions:

1. Which accounting engine is used to define the rules that help in generating the accounting entries for transactions such as supplier invoices and payments or customer invoices and receipts? (Choose the best Answer.)

A) Subledger Accounting (SLA)
B) Business Intelligence
C) General Ledger
D) Essbase Cube


2. Which three attributes can be used as selection criteria when submitting a payment process request? (Choose three.)

A) Payment Terms
B) Supplier Type
C) Pay Groups
D) Pay Through Date
E) Invoice Type


3. 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) 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
B) Setting up Policy Violations > Setting up a Meals Policy > Completing the Meals Rate Spreadsheet > Associating the Meals Expense Policy with an Expense Type
C) Completing the Meals Rate Spreadsheet > Setting up Policy Violations > Setting up a Meals Policy > Associating the Meals Expense Policy with an Expendim Type
D) Setting up a Meals Policy > Setting up Policy Violations > Completing the Meals Rate Spreadsheet > Associating the Meals Expense Policy with an Expense Type


4. 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) Merged
B) Incomplete
C) Ready to Post
D) Ready to Transfer
E) Exceptions


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


Solutions:

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

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