Oracle 1z0-1107-2 Q&A - in .pdf

  • 1z0-1107-2 pdf
  • Exam Code: 1z0-1107-2
  • Exam Name: Oracle Financials Business Process Foundations Associate Rel 2
  • Updated: Jul 25, 2026
  • Q & A: 48 Questions and Answers
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  • Exam Code: 1z0-1107-2
  • Exam Name: Oracle Financials Business Process Foundations Associate Rel 2
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  • Updated: Jul 25, 2026
  • Q & A: 48 Questions and Answers
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  • Exam Code: 1z0-1107-2
  • Exam Name: Oracle Financials Business Process Foundations Associate Rel 2
  • Updated: Jul 25, 2026
  • Q & A: 48 Questions and Answers
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Oracle 1z0-1107-2 Exam Syllabus Topics:

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

Oracle Financials Business Process Foundations Associate Rel 2 Sample Questions:

1. Which three preferred delivery methods can you choose to send statements to your customers while defining customer profile classes? (Choose three.)

A) Email
B) Fax
C) WhatsApp
D) SMS
E) Print


2. Robert works as a General Accountant for Glenn Systems and he has a requirement to inquire and analyze the GL Account balances on a regular basis. Which tool can he use to in-quire and analyze the GL Account balances online? (Choose the best Answer.)

A) Account Inspector
B) Balance Tracker
C) Balance Inspector
D) Account Tracker


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

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


4. 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) Interim
D) Provisional


5. Easy Solutions INC has operations in the USA, UK, and Germany. USA is the parent entity and it has two subsidiary entities in UK and Germany. USA and UK entities are sharing the same chart of accounts and calendar, whereas the Germany entity has a different chart of ac-count and calendar due to some statutory requirements. Which consolidation method would you recommend to consolidate the financials balances of the Germany entity with the parent entity in the USA? (Choose the best Answer.)

A) Oracle Hyperion Financial Management Consolidation
B) Calculation Manager Consolidation
C) Balance Transfer Consolidation
D) Reporting only Consolidation


Solutions:

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

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