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

  • Exam Code: 1z0-1107-2
  • Exam Name: Oracle Financials Business Process Foundations Associate Rel 2
  • Updated: Aug 19, 2026
  • Q & A: 48 Questions and Answers

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Oracle 1z0-1107-2 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Oracle Cloud Financials Overview10%- Financials Business Models
  • 1. Business Process Architecture
  • 2. Financial Management Concepts
  • 3. Enterprise Structures
  • 4. Oracle Fusion Cloud Financials Overview
Topic 2: Budget to Report Process20%- Financial Planning and Reporting
  • 1. Financial Reporting
  • 2. Forecasting
  • 3. Period Close Process
  • 4. Business Intelligence and Analytics
  • 5. Budget Management
Topic 3: Asset Acquisition to Retirement15%- Fixed Assets Lifecycle
  • 1. Asset Retirement
  • 2. Asset Capitalization
  • 3. Asset Acquisition
  • 4. Depreciation
  • 5. Asset Transfer
Topic 4: Accounting Transformation15%- Subledger Accounting
  • 1. Journal Processing
  • 2. Accounting Entries
  • 3. Financial Data Integration
  • 4. Posting to General Ledger
Topic 5: Procure to Pay Process20%- Accounts Payable Processes
  • 1. Supplier Management
  • 2. Expense Reimbursement
  • 3. Payment Processing
  • 4. Cash Reconciliation
  • 5. Invoice Processing
Topic 6: Invoice to Cash Process20%- Accounts Receivable Processes
  • 1. Invoice Creation
  • 2. Revenue Recognition
  • 3. Collections Management
  • 4. Customer Management
  • 5. Receipt Processing

Oracle Financials Business Process Foundations Associate Rel 2 Sample Questions:

1. Ganesh is trying to import a journal from an external system and he has encountered an error. Which are three reasons for the error? (Choose three.)

A) Accounting Date is in a Closed Period.
B) Journal Source for the external system has not been defined.
C) Accounting Date is in a Future Period.
D) Accounting Date is in an Open Period.
E) Accounting Period is Closed.


2. John works as a Cash Manager in Glenn Systems and he wants to create the Cash Positioning report by using the predefined system transactions as sources. Identify three predefined sources that John can choose to create this report.? (Choose three.)

A) AP Invoices
B) Purchase Requisitions
C) Purchase Orders
D) AR Invoices
E) AP Payments


3. 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 Post
B) Exceptions
C) Ready to Transfer
D) Merged
E) Incomplete


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

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


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

A) supplier details
B) distribution combination
C) invoice amount
D) integration details with other applications
E) invoice number


Solutions:

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

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