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Oracle 1z0-1107-2 Exam Syllabus Topics:

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

Oracle Financials Business Process Foundations Associate Rel 2 Sample Questions:

1. 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) Close Monitor
B) BI Publisher
C) Account Group
D) Calculation Manager


2. 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) Collector Effective Index
B) Promise to Pay
C) Average Days Delinquent
D) Percent Current
E) Days Sales Outstanding


3. Collector Jim Jones is working on a delinquent customer account and he has created some action items to follow up with this customer, including making a phone call and a personal vis-it. On which infotile can he find these action items? (Choose the best Answer.)

A) Promises
B) Activities
C) Strategy Tasks
D) Delinquent


4. Glenn Systems has decided to create accounting for payments at the time of issuing, as well as at the time of clearing the payments. Which accounting entry will be generated by the sys-tem when the payment gets reconciled with a bank statement line? (Choose the best Answer.)

A) Debit-AP Liability Credit-Cash Account
B) Debit Cash Clearing Account Credit-Cash Account
C) Debit -AP Liability Credit-Cash Clearing Account
D) Debit-Expense Credit-Cash Account


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


Solutions:

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

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