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Oracle 1z0-1107-2 Exam Syllabus Topics:

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

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

A) Email
B) Print
C) WhatsApp
D) SMS
E) Fax

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

4. Sharon is working as a collections manager and he is interested in performing an analysis based on the difference between the date of settlement and the due date of payment of invoice. Which key performance indicator will help him to review this information? (Choose the best Answer.)

A) Promise to Pay
B) Average Days Delinquent
C) Percent Current
D) Days Sales Outstanding
E) Collector Effective Index

5. Which four statements are true about an effective subledger period close? (Choose four.)

A) Payable must be closed before Projects.
B) Fixed Assets must be closed before Payables.
C) Fixed Assets must be closed before Receivables.
D) Payable must be closed before closing Fixed Assets.
E) Projects must be closed before Fixed Assets.

Solutions: