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: Oct 09, 2026     Q & A: 48 Questions and Answers

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Oracle 1z0-1107-2 Exam Syllabus Topics:

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

Oracle Financials Business Process Foundations Associate Rel 2 Sample Questions:

Question #1

Which three preferred delivery methods can you choose to send statements to your customers while defining customer profile classes? (Choose three.)

  • A. SMS
  • B. Print
  • C. WhatsApp
  • D. Fax
  • E. Email
Reveal Solution  Discussion  0

Correct Answer: B,D,E  🗳️

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Question #2

Glenn Systems wants to deploy automatic controls to spot unusual or inappropriate expenses based on audit percentage, policy violations, specific keywords, and individuals with specific status. Which configuration will help them achieve this? (Choose the best Answer.)

  • A. Expense Report Audit Rules by Expense Templates and Types
  • B. Expense Report Receipt and Notification Rules
  • C. Expense Report Audit Selection Rules
  • D. Expense Audit List Rules
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

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Question #3

Which three can be captured on an Invoice Header while recording a supplier invoice in the Payables application? (Choose three.)

  • A. invoice number
  • B. invoice amount
  • C. supplier details
  • D. distribution combination
  • E. integration details with other applications
Reveal Solution  Discussion  0

Correct Answer: A,B,C  🗳️

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Question #4

Your organization has a requirement to ensure that the expense reports are reviewed on a regular basis to comply with its reimbursement policies. Which job role would you recommend for a person who is authorized to review and identify the compliance issues with the submitted expense reports? (Choose the best Answer.)

  • A. Expense Manager
  • B. Procurement Agent
  • C. Accounts Payables Specialist
  • D. Expense Auditor
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

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Question #5

Your organization has decided to automate the entry of cash receipts by using a method where the customer goes and deposits the money directly into your bank account for the due invoices and the banker provides a data file to you. Which method can your organization implement to achieve this? (Choose the best Answer.)

  • A. Lockbox
  • B. Spreadsheet
  • C. Toolbox
  • D. Automatic Receipts
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

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