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Oracle 1z0-1107-2 real answers - Oracle Financials Business Process Foundations Associate Rel 2

1z0-1107-2
  • Exam Code: 1z0-1107-2
  • Exam Name: Oracle Financials Business Process Foundations Associate Rel 2
  • Updated: Jun 01, 2026
  • Q & A: 48 Questions and Answers
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Oracle Financials Business Process Foundations Associate Rel 2 Sample Questions:

1. Which process involves the comparison of planned versus actual figures by designing re-ports with the help of state-of-the-art reporting tools? (Choose the best Answer.)

A) Invoice to Cash
B) Accounting Transformation
C) Budget to Report
D) Procure to Pay


2. Your organization follows the integrated invoice imaging solution to scan and process sup-plier invoices. Steve is a Payables clerk and his job is to regularly review the invoices created from an invoice image that has invalid or missing dat a. In which status can these invoices be found? (Choose the best Answer.)

A) Incomplete
B) Needs Revalidation
C) Validated
D) Not Validated


3. Your organization has decided to use the automatic reconciliation feature to reconcile bank statement lines with system transactions. Which three components will be useful for the auto-matic reconciliation of bank statements with system transactions? (Choose three.)

A) Tolerance Rules
B) Parse Rule Set
C) Transaction Grouping Rules
D) Matching Rules
E) Transfer Rules


4. Cash Management provides you the flexibility to create external transactions. Which two types of transactions can be categorized as external? (Choose two.)

A) bank charges
B) penalty for delayed supplier payments
C) late charges on delayed customer payments
D) bank interest


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) Temporary
C) Provisional
D) Interim


Solutions:

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

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