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

  • Exam Code: 1z0-1107-2
  • Exam Name: Oracle Financials Business Process Foundations Associate Rel 2
  • Updated: Sep 10, 2026     Q & A: 48 Questions and Answers

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Oracle 1z0-1107-2 Exam Syllabus Topics:

SectionWeightObjectives
Budget to Report Process20%- Financial Planning and Reporting
  • 1. Business Intelligence and Analytics
  • 2. Budget Management
  • 3. Forecasting
  • 4. Financial Reporting
  • 5. Period Close Process
Oracle Cloud Financials Overview10%- Financials Business Models
  • 1. Oracle Fusion Cloud Financials Overview
  • 2. Enterprise Structures
  • 3. Business Process Architecture
  • 4. Financial Management Concepts
Procure to Pay Process20%- Accounts Payable Processes
  • 1. Supplier Management
  • 2. Payment Processing
  • 3. Invoice Processing
  • 4. Expense Reimbursement
  • 5. Cash Reconciliation
Asset Acquisition to Retirement15%- Fixed Assets Lifecycle
  • 1. Asset Capitalization
  • 2. Asset Transfer
  • 3. Asset Acquisition
  • 4. Asset Retirement
  • 5. Depreciation
Accounting Transformation15%- Subledger Accounting
  • 1. Journal Processing
  • 2. Financial Data Integration
  • 3. Posting to General Ledger
  • 4. Accounting Entries
Invoice to Cash Process20%- Accounts Receivable Processes
  • 1. Receipt Processing
  • 2. Collections Management
  • 3. Revenue Recognition
  • 4. Customer Management
  • 5. Invoice Creation

Oracle Financials Business Process Foundations Associate Rel 2 Sample Questions:

Question #1

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. Ready to Transfer
  • B. Exceptions
  • C. Incomplete
  • D. Merged
  • E. Ready to Post
Answer: B,C,E

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Question #2

Which three Cash Management infolets do you find in the Analytics section of the home page? (Choose three.)

  • A. Missing Statements
  • B. External Transactions
  • C. Unreconciled
  • D. Project Interest Amount
  • E. Cash Balance
Answer: A,C,E

Explanation: Only visible for Pass4guide members. You can sign-up / login (it's free).

Question #3

John is working as a Cash Manager for Glenn Systems and regularly uses the Unreconciled infolet to review the unreconciled Bank Statement Lines and System Transactions. He is not able to find the details of some transactions on this infolet because there is a limitation for the number of days for which the data appears on this infolet. Identify the number of days for which data appears on this infolet.? (Choose the best Answer.)

  • A. last 65 days
  • B. last 45 days
  • C. last 55 days
  • D. last 50 days
Answer: B

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Question #4

Invoice Number S10231234 for USD 1000 was raised for the customer "Business World" on 1st January 2022 with a payment term of 30 days. This invoice became due on 31st January 2022, but the customer has not yet made the payment due to an unresolved dispute. Which subprocess in the Invoice to Cash life cycle flow helps you to manage and resolve disputes for such type of delinquent invoices? (Choose the best Answer.)

  • A. Bank Transaction to Position
  • B. Customer Contract to Revenue
  • C. Customer Invoice to Receipt
  • D. Customer Statement to Collection
Answer: D

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Question #5

Which four statements are true about creating assets from Payable Invoice lines by using the Create Mass Additions process? (Choose four.)

  • A. Payable Invoice must be transferred to General Ledger.
  • B. Invoice Lines must be charged to a Revenue Account.
  • C. Payable Invoice must be validated and accounted.
  • D. The "Track as Asset" check box must be selected for the invoice distribution lines.
  • E. Invoice Lines must be charged to an Asset Account.
Answer: A,C,D,E

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