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Oracle 1z0-1107-2 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Procure to Pay Process20%- Accounts Payable Processes
  • 1. Invoice Processing
  • 2. Cash Reconciliation
  • 3. Expense Reimbursement
  • 4. Supplier Management
  • 5. Payment Processing
Topic 2: Invoice to Cash Process20%- Accounts Receivable Processes
  • 1. Invoice Creation
  • 2. Receipt Processing
  • 3. Customer Management
  • 4. Collections Management
  • 5. Revenue Recognition
Topic 3: Accounting Transformation15%- Subledger Accounting
  • 1. Journal Processing
  • 2. Posting to General Ledger
  • 3. Accounting Entries
  • 4. Financial Data Integration
Topic 4: Budget to Report Process20%- Financial Planning and Reporting
  • 1. Business Intelligence and Analytics
  • 2. Financial Reporting
  • 3. Forecasting
  • 4. Budget Management
  • 5. Period Close Process
Topic 5: Oracle Cloud Financials Overview10%- Financials Business Models
  • 1. Financial Management Concepts
  • 2. Enterprise Structures
  • 3. Business Process Architecture
  • 4. Oracle Fusion Cloud Financials Overview
Topic 6: Asset Acquisition to Retirement15%- Fixed Assets Lifecycle
  • 1. Asset Acquisition
  • 2. Asset Retirement
  • 3. Asset Transfer
  • 4. Asset Capitalization
  • 5. Depreciation

Oracle Financials Business Process Foundations Associate Rel 2 Sample Questions:

1. 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) Collector Effective Index
C) Days Sales Outstanding
D) Promise to Pay
E) Average Days Delinquent


2. Your organization has decided to use specific business days for which the transactions should be considered in the cash positioning report. Which calendar would you assign to achieve this requirement on the Specify Cash Positioning and Forecast Options page? (Choose the best Answer.)

A) Default Accounting Calendar
B) Default Transaction Calendar
C) Default Source Calendar
D) Default Prorate Calendar


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


4. John is working as a Cash Manager for Glenn Systems and regularly uses the Unreconciled infolet to review the unreconciled Bank Statement Lines and System Transactions. He is not able to find the details of some transactions on this infolet because there is a limitation for the number of days for which the data appears on this infolet. Identify the number of days for which data appears on this infolet.? (Choose the best Answer.)

A) last 45 days
B) last 65 days
C) last 50 days
D) last 55 days


5. Your organization has hired Steven Johns who will be responsible for analyzing the financial performance and providing feedback for better decision making. Which job role will help Steven Johns to perform his job in the organization? (Choose the best Answer.)

A) Cash Manager
B) General Accountant
C) Financial Analyst
D) General Accounting Manager


Solutions:

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

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