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: Jul 27, 2026
  • Q & A: 48 Questions and Answers

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Oracle 1z0-1107-2 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Procure to Payment Process20%- Cash reconciliation
- Accounts Payable taxes
- Overview of Procure to Payment flow
- Expenses and reimbursement
- Invoices and payments
Topic 2: Budget to Report Process20%- Period close procedures
- Financial reporting and analysis
- Budgeting and forecasting
- Transaction capture and processing
Topic 3: Invoice to Cash Process20%- Accounts Receivable transactions
- Receipts and applications
- Statements and collections
- Tax handling in AR
- Overview of Invoice to Cash flow
Topic 4: Asset Acquisition to Retirement Process20%- Transfers and reclassifications
- Retirement and disposal
- Asset lifecycle overview
- Depreciation and adjustments
- Acquisition and addition
Topic 5: Accounting Transformation Process20%- Reconciliation and period close
- Transaction accounting creation
- Transfer to General Ledger
- Subledger Accounting overview

Oracle Financials Business Process Foundations Associate Rel 2 Sample Questions:

1. Your manager has requested you to evaluate the attributes based on which the scoring is calculated in the collections business process. Which three attributes would you suggest to your manager? (Choose three.)

A) Number of Delinquencies
B) Due Invoices
C) Number of Unapplied Receipts
D) Delinquency Amo
E) Number of Unidentified Receipts


2. 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 Auditor
B) Accounts Payables Specialist
C) Procurement Agent
D) Expense Manager


3. 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.


4. Your organization has hired Steven Johns who will be responsible for analyzing the financial performance and providing feedback for better decision making. Which job role will help Steven Johns to perform his job in the organization? (Choose the best Answer.)

A) General Accounting Manager
B) Cash Manager
C) Financial Analyst
D) General Accountant


5. 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 Rate Ceiling
D) Depreciation Expense Ceiling


Solutions:

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

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