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 17, 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: Accounts Receivable- Customer Management
- Receipts and Collections
- Billing and Invoicing
Topic 3: Accounts Payable- Supplier Management
- Invoice Processing
- Payment Processing
Topic 4: Oracle Financials Cloud Overview
Topic 5: Cash Management- Bank Account Setup
- Bank Reconciliation
Topic 6: General Ledger- Financial Reporting Basics
- Chart of Accounts and Ledger Configuration
- Journal Processing
Oracle Financials Business Process Foundations Associate Rel 2 Sample Questions:

1. Robert works as a General Accountant for Glenn Systems and he has a requirement to inquire and analyze the GL Account balances on a regular basis. Which tool can he use to in-quire and analyze the GL Account balances online? (Choose the best Answer.)

A) Balance Inspector
B) Account Tracker
C) Balance Tracker
D) Account Inspector


2. Easy Solutions INC has decided to set up a meals expense policy and you have been given the responsibility to define the policy. Identify the correct sequence of steps that should be per-formed to define the meals expense policy? (Choose the best Answer.)

A) Setting up Policy Violations > Setting up a Meals Policy > Completing the Meals Rate Spreadsheet > Associating the Meals Expense Policy with an Expense Type
B) Associating the Meals Expense Policy with an Expense Type > Setting up Policy Violations > Setting up a Meals Policy > Associating the Meals Expense Policy with an Expense Type
C) Setting up a Meals Policy > Setting up Policy Violations > Completing the Meals Rate Spreadsheet > Associating the Meals Expense Policy with an Expense Type
D) Completing the Meals Rate Spreadsheet > Setting up Policy Violations > Setting up a Meals Policy > Associating the Meals Expense Policy with an Expendim Type


3. Cash Management provides you the flexibility to create external transactions. Which two types of transactions can be categorized as external? (Choose two.)

A) bank interest
B) penalty for delayed supplier payments
C) late charges on delayed customer payments
D) bank charges


4. One of the internal auditors in your organization is reviewing subledger journals and want more details about the rules that were used to generate these journals. What would you use to review these rules? (Choose the best Answer.)

A) the Analyze Journal Entry page
B) the Account Override page
C) Account Monitor
D) the Create Journals page


5. 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) Business Intelligence
B) Essbase Cube
C) Subledger Accounting (SLA)
D) General Ledger


Solutions:

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

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