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Oracle 1z0-1107-2 : 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: Nov 01, 2026

Q & A: 48 Questions and Answers

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Oracle 1z0-1107-2 Exam Syllabus Topics:

SectionObjectives
Topic 1: Fixed Assets- Asset Creation and Management
- Depreciation Processing
Topic 2: Oracle Financials Cloud Overview
Topic 3: General Ledger- Journal Processing
- Chart of Accounts and Ledger Configuration
- Financial Reporting Basics
Topic 4: Accounts Payable- Supplier Management
- Payment Processing
- Invoice Processing
Topic 5: Cash Management- Bank Reconciliation
- Bank Account Setup
Topic 6: Accounts Receivable- Billing and Invoicing
- Receipts and Collections
- Customer Management

Oracle Financials Business Process Foundations Associate Rel 2 Sample Questions:

Question #1
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. Financial Analyst
B. General Accountant
C. General Accounting Manager
D. Cash Manager


Question #2
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. Subledger Accounting (SLA)
D. Essbase Cube


Question #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. Delinquent
B. Strategy Tasks
C. Activities
D. Promises


Question #4
Ganesh works for Glenn Systems as a General Accountant and he has a requirement to create periodic allocations at the end of the month to distribute welfare expenses. The allocations will be based on headcounts in each department. In which currency should the journal entry be created to load the headcounts? (Choose the best Answer.)

A. Foreign Currency
B. Statistical Currency
C. Reporting Currency
D. Ledger Currency


Question #5
Which four factors are responsible for calculating taxes on Receivables transactions? (Choose four.)

A. Products
B. Processes
C. Plans
D. Parties
E. Programs
F. Places


Solutions:

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

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