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Oracle 1z0-1107-2 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: General Ledger | - Journal Processing - Chart of Accounts and Ledger Configuration - Financial Reporting Basics |
| Topic 2: Oracle Financials Cloud Overview | |
| Topic 3: Fixed Assets | - Depreciation Processing - Asset Creation and Management |
| Topic 4: Accounts Receivable | - Customer Management - Receipts and Collections - Billing and Invoicing |
| Topic 5: Accounts Payable | - Supplier Management - Invoice Processing - Payment Processing |
| Topic 6: Cash Management | - Bank Reconciliation - Bank Account Setup |
Oracle Financials Business Process Foundations Associate Rel 2 Sample Questions:
Which two statements are true about creating case folders within the Customer Statement to Collections business process? (Choose two.)
- A. Billing transactions must be of the same currency.
- B. Billing transactions must belong to the same bill-to customer.
- C. Billing transactions can belong to multiple case folders.
- D. Billing transactions can be of multiple currencies.
Correct Answer: C,D 🗳️
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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. Ledger Currency
- B. Reporting Currency
- C. Statistical Currency
- D. Foreign Currency
Correct Answer: C 🗳️
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Which tool do you use to preview the workings of your tax configuration before you per-form tax calculations on live transactions in a subledger application? (Choose the best Answer.)
- A. Tax Estimator
- B. Tax Tester
- C. Tax Simulator
- D. Tax Manager
Correct Answer: C 🗳️
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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. Essbase Cube
- B. General Ledger
- C. Subledger Accounting (SLA)
- D. Business Intelligence
Correct Answer: C 🗳️
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Glenn Systems owns a luxury car and they want to restrict the amount of depreciation that should be charged to this asset in a particular period. Which two types of depreciation ceiling can they use to achieve this? (Choose two.)
- A. Depreciation Period Ceiling
- B. Depreciation Cost Ceiling
- C. Depreciation Expense Ceiling
- D. Depreciation Rate Ceiling
Correct Answer: B,C 🗳️
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