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1z0-1107-2 Practice Questions

Oracle Financials Business Process Foundations Associate Rel 2 Exam Practice Test


Total 10 Pages
Total 47 Questions

1z0-1107-2 Practice Questions

Question# 1

Easy Solutions INC has operations in the USA, UK, and Germany. USA is the parent entity and it has two subsidiary entities in UK and Germany. USA and UK entities are sharing the same chart of accounts and calendar, whereas the Germany entity has a different chart of ac - count and calendar due to some statutory requirements. Which consolidation method would you recommend to consolidate the financials balances of the Germany entity with the parent entity in the USA? (Choose the best Answer.)
Choose the Choices:


Question# 2

Your organization wants to implement a process that helps in recording requisitions, buying goods or services, and managing supplier invoices and payments. Which Financials business process would you recommend to achieve this? (Choose the best Answer.)
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Question# 3

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.)
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Question# 4

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.)
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Question# 5

Glenn Systems has decided to create accounting for payments at the time of issuing, as well as at the time of clearing the payments. Which accounting entry will be generated by the sys - tem when the payment gets reconciled with a bank statement line? (Choose the best Answer.)
Choose the Choices:


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