Oracle 1z0-1107-2 Exam Overview:
| Certification Vendor: | Oracle |
| Exam Name: | Oracle Financials Business Process Foundations Associate Rel 2 |
| Exam Number: | 1Z0-1107-2 |
| Exam Duration: | 90 minutes |
| Related Certifications: | Oracle Financials Business Process Foundations Associate |
| Real Exam Qty: | 40 |
| Passing Score: | 60% |
| Certificate Validity Period: | Oracle certifications generally do not expire, but may become inactive when the associated product release is retired |
| Exam Price: | $95 USD |
| Available Languages: | English |
| Exam Format: | Multiple Choice |
| Sample Questions: | Oracle 1z0-1107-2 Sample Questions |
| Exam Way: | Online proctored exam or in-person testing through Oracle Certification testing partners. |
| Pre Condition: | No prerequisite certification required. Basic understanding of finance and ERP business processes is recommended. |
| Official Syllabus URL: | https://education.oracle.com/oracle-financials-business-process-foundations-associate/trackp_ERP_FIN_FOUNDATION |
Oracle 1z0-1107-2 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Budget to Report Process | 20% | - Financial Planning and Reporting
|
| Topic 2: Procure to Pay Process | 20% | - Accounts Payable Processes
|
| Topic 3: Asset Acquisition to Retirement | 15% | - Fixed Assets Lifecycle
|
| Topic 4: Invoice to Cash Process | 20% | - Accounts Receivable Processes
|
| Topic 5: Accounting Transformation | 15% | - Subledger Accounting
|
| Topic 6: Oracle Cloud Financials Overview | 10% | - Financials Business Models
|
Oracle Financials Business Process Foundations Associate Rel 2 Sample Questions:
1. Invoice Number S10231234 for USD 1000 was raised for the customer "Business World" on 1st January 2022 with a payment term of 30 days. This invoice became due on 31st January 2022, but the customer has not yet made the payment due to an unresolved dispute. Which subprocess in the Invoice to Cash life cycle flow helps you to manage and resolve disputes for such type of delinquent invoices? (Choose the best Answer.)
A) Bank Transaction to Position
B) Customer Invoice to Receipt
C) Customer Contract to Revenue
D) Customer Statement to Collection
2. Which three attributes can be used as selection criteria when submitting a payment process request? (Choose three.)
A) Invoice Type
B) Pay Groups
C) Pay Through Date
D) Payment Terms
E) Supplier Type
3. Which two statements are true about Oracle Expenses Cloud integration with travel partners? (Choose two.)
A) Oracle Expenses Cloud supports direct integration only with TripActions.
B) Oracle Expenses Cloud supports integration with other partners through Rest APIs.
C) Oracle Expenses Cloud supports direct integration only with Concur.
D) Oracle Expenses Cloud supports direct integration only with GetThere.
4. 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) Completing the Meals Rate Spreadsheet > Setting up Policy Violations > Setting up a Meals Policy > Associating the Meals Expense Policy with an Expendim 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) 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 a Meals Policy > Setting up Policy Violations > Completing the Meals Rate Spreadsheet > Associating the Meals Expense Policy with an Expense Type
5. 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) Provisional
C) Interim
D) Temporary
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: A,B,C | Question # 3 Answer: A,B | Question # 4 Answer: D | Question # 5 Answer: A |


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