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

1z0-1107-2 Exam Questions
  • Exam Code: 1z0-1107-2
  • Exam Name: Oracle Financials Business Process Foundations Associate Rel 2
  • Updated: Jun 03, 2026
  • Q & A: 48 Questions and Answers
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Oracle Financials Business Process Foundations Associate Rel 2 Sample Questions:

1. 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 Source Calendar
B) Default Transaction Calendar
C) Default Accounting Calendar
D) Default Prorate Calendar


2. Robert works as an Asset Accountant for Glenn Systems and tracks the transactions that require attention by using the Additions infotile in the Assets work are a. Which three statuses can he track by using this infotile? (Choose three.)

A) Merged
B) Exceptions
C) Ready to Post
D) Incomplete
E) Ready to Transfer


3. Glenn Systems has decided to enable the Additional Duplicate Invoice Check feature. Which three additional attributes are considered for duplicate invoice check when this feature is enabled? (Choose three.)

A) Invoice Type
B) Supplier Tax Registration Number
C) Invoice Amount
D) Supplier Location
E) Invoice Date


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) Statistical Currency
B) Foreign Currency
C) Reporting Currency
D) Ledger Currency


5. 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 Simulator
B) Tax Manager
C) Tax Tester
D) Tax Estimator


Solutions:

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

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