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

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Oracle Financials Business Process Foundations Associate Rel 2 Sample Questions:

1. 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) Strategy Tasks
B) Delinquent
C) Promises
D) Activities

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

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

3. Your organization has decided to use the Balance Forward Billing feature to consolidate multiple invoices into a single bill and you have been asked to configure this feature. What is the recommended order of steps that needs to be followed to complete your configuration? (Choose the best Answer.)

A) Define BFB Payment Terms > Attach BFB Payment Terms to Customer > Enable BFB in the Customer Profile > Define BFB Billing Cycle
B) Define BFB Payment Terms > Define BFB Billing Cycle > Enable BFB in the Customer Profile > Attach BFB Payment Terms to Customer
C) Enable BFB in the Customer Profile > Define BFB Payment Terms > Define BFB Billing Cycle > Attach BFB Payment Terms to Customer
D) Define BFB Billing Cycle > Define BFB Payment Terms > Enable BFB in the Customer Profile > Attach BFB Payment Terms to Customer

4. Which four statements are true about an effective subledger period close? (Choose four.)

A) Payable must be closed before closing Fixed Assets.
B) Projects must be closed before Fixed Assets.
C) Payable must be closed before Projects.
D) Fixed Assets must be closed before Receivables.
E) Fixed Assets must be closed before Payables.

5. Glenn Systems has decided to use the batch scheduler functionality to automatically dis-tribute the Budget Vs Actual analysis reports via emails. Which feature of batch scheduler can they use to achieve this? (Choose the best Answer.)

A) Explode
B) Bursting
C) Break Out
D) Distribute

Solutions: