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Oracle 1z0-1107-2 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Oracle Cloud Financials Overview | 10% | - Financials Business Models
|
| Topic 2: Accounting Transformation | 15% | - Subledger Accounting
|
| Topic 3: Invoice to Cash Process | 20% | - Accounts Receivable Processes
|
| Topic 4: Budget to Report Process | 20% | - Financial Planning and Reporting
|
| Topic 5: Procure to Pay Process | 20% | - Accounts Payable Processes
|
| Topic 6: Asset Acquisition to Retirement | 15% | - Fixed Assets Lifecycle
|
Oracle Financials Business Process Foundations Associate Rel 2 Sample Questions:
Which two statements are true about running the financial statements that are designed using Financial Reporting Web Studio? (Choose two.)
- A. Financial statements are generated using the data directly from the transactional tables.
- B. Financial statements can be generated only in HTML format.
- C. Business users can easily slice and dice the data across dimensions, and drill up, down, and sideways at any parent level.
- D. Financial statements can be generated using different hierarchies to represent the data from different perspectives.
Correct Answer: C,D 🗳️
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Ganesh works for Glenn Systems as a General Accountant and he has a requirement to create periodic allocations at the end of the month to distribute welfare expenses. The allocations will be based on headcounts in each department. In which currency should the journal entry be created to load the headcounts? (Choose the best Answer.)
- A. Foreign Currency
- B. Statistical Currency
- C. Reporting Currency
- D. Ledger Currency
Correct Answer: B 🗳️
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Which three preferred delivery methods can you choose to send statements to your customers while defining customer profile classes? (Choose three.)
- A. Fax
- B. Print
- C. WhatsApp
- D. SMS
- E. Email
Correct Answer: A,B,E 🗳️
Explanation: Only visible for Pass4SureQuiz members. You can sign-up / login (it's free).
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. Percent Current
- B. Days Sales Outstanding
- C. Collector Effective Index
- D. Average Days Delinquent
- E. Promise to Pay
Correct Answer: D 🗳️
Explanation: Only visible for Pass4SureQuiz members. You can sign-up / login (it's free).
Which technology helps in calculating and recommending discounts for single payments in Oracle Payments? (Choose the best Answer.)
- A. 4. Digital Assistant
- B. Internet of Things
- C. Adaptive Intelligence
- D. Machine Learning
Correct Answer: C 🗳️
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