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Oracle 1z0-1107-2 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Budget to Report Process | 20% | - Transaction capture and processing - Financial reporting and analysis - Budgeting and forecasting - Period close procedures |
| Topic 2: Invoice to Cash Process | 20% | - Overview of Invoice to Cash flow - Statements and collections - Receipts and applications - Accounts Receivable transactions - Tax handling in AR |
| Topic 3: Procure to Payment Process | 20% | - Invoices and payments - Accounts Payable taxes - Expenses and reimbursement - Cash reconciliation - Overview of Procure to Payment flow |
| Topic 4: Accounting Transformation Process | 20% | - Transaction accounting creation - Subledger Accounting overview - Transfer to General Ledger - Reconciliation and period close |
| Topic 5: Asset Acquisition to Retirement Process | 20% | - Acquisition and addition - Asset lifecycle overview - Transfers and reclassifications - Depreciation and adjustments - Retirement and disposal |
Oracle Financials Business Process Foundations Associate Rel 2 Sample Questions:
1. Which four factors are responsible for calculating taxes on Receivables transactions? (Choose four.)
A) Parties
B) Programs
C) Processes
D) Products
E) Plans
F) Places
2. Which three can be captured on an Invoice Header while recording a supplier invoice in the Payables application? (Choose three.)
A) invoice number
B) integration details with other applications
C) invoice amount
D) supplier details
E) distribution combination
3. Cash Management provides you the flexibility to create external transactions. Which two types of transactions can be categorized as external? (Choose two.)
A) bank interest
B) bank charges
C) late charges on delayed customer payments
D) penalty for delayed supplier payments
4. 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
5. Glenn Systems has decided to enable the Additional Duplicate Invoice Check feature. Which three additional attributes are considered for duplicate invoice check when this feature is enabled? (Choose three.)
A) Invoice Date
B) Supplier Location
C) Supplier Tax Registration Number
D) Invoice Type
E) Invoice Amount
Solutions:
| Question # 1 Answer: A,C,D,E,F | Question # 2 Answer: A,C,D | Question # 3 Answer: A,B | Question # 4 Answer: A | Question # 5 Answer: A,D,E |





