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1z0-1107-2 Labs, 1z0-1107-2 Reliable Test Notes

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24-5-22 上午2:34


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Oracle Financials Business Process Foundations Associate Rel 2 Sample Questions (Q27-Q32):

NEW QUESTION # 27
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. penalty for delayed supplier payments
* D. late charges on delayed customer payments
Answer: A,B

Explanation:
These are two types of transactions that can be categorized as external in Cash Management. External transactions are transactions that are not generated by Oracle applications, but are manually entered or imported from external sources, such as bank statements or third-party systems. External transactions can include bank charges, bank interest, bank errors, adjustments, or transfers1. Reference: Oracle Financials Business Process Certified Foundations Associate Rel 1

NEW QUESTION # 28
Which two statements are true about running the financial statements that are designed using Financial Reporting Web Studio? (Choose two.)

* A. Financial statements can be generated only in HTML format.
* B. Business users can easily slice and dice the data across dimensions, and drill up, down, and sideways at any parent level.
* C. Financial statements can be generated using different hierarchies to represent the data from different perspectives.
* D. Financial statements are generated using the data directly from the transactional tables.
Answer: B,C

Explanation:
These are two true statements about running the financial statements that are designed using Financial Reporting Web Studio. Financial Reporting Web Studio is a tool that enables users to create and manage financial reports using data from various sources, such as General Ledger or Essbase Cubes. Users can generate financial statements using different hierarchies to represent the data from different perspectives, such as legal entity, business unit, segment, or account. Users can also easily slice and dice the data across dimensions, and drill up, down, and sideways at any parent level to analyze the details behind the numbers2. Reference: Oracle Financials Business Process Foundations Associate Rel 2

NEW QUESTION # 29
Your organization has decided to use the automatic reconciliation feature to reconcile bank statement lines with system transactions. Which three components will be useful for the auto-matic reconciliation of bank statements with system transactions? (Choose three.)

* A. Parse Rule Set
* B. Transaction Grouping Rules
* C. Transfer Rules
* D. Tolerance Rules
* E. Matching Rules
Answer: B,D,E

Explanation:
These are three components that will be useful for the automatic reconciliation of bank statements with system transactions. Automatic reconciliation is a feature that enables you to reconcile bank statement lines with system transactions without manual intervention. You can use various components to define the criteria and conditions for automatic reconciliation1. Some of these components are:
Transaction Grouping Rules: These are rules that determine how system transactions are grouped together for reconciliation purposes. You can group transactions by attributes, such as bank account, currency, transaction type, or payment method.
Tolerance Rules: These are rules that define the acceptable differences between bank statement lines and system transactions for reconciliation purposes. You can define tolerances by amount or percentage, and by bank account or currency.
Matching Rules: These are rules that specify how bank statement lines and system transactions are matched for reconciliation purposes. You can match transactions by attributes, such as transaction number, amount, date, or reference number. Reference: Oracle Financials Business Process Certified Foundations Associate Rel 1

NEW QUESTION # 30
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. Delinquency Amo
* B. Number of Unapplied Receipts
* C. Due Invoices
* D. Number of Unidentified Receipts
* E. Number of Delinquencies
Answer: A,C,E

Explanation:
These are three attributes that can be used to evaluate the scoring in the collections business process. Scoring is a process that assigns a numeric value to customers based on their payment behavior and credit risk. Scoring helps collections agents to prioritize their actions and focus on the most critical customers. Scoring can be based on various attributes, such as delinquency amount, number of delinquencies, due invoices, days sales outstanding, credit limit utilization, or payment performance1. Reference: Oracle Financials Business Process Certified Foundations Associate Rel 1

NEW QUESTION # 31
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. Exceptions
* B. Ready to Transfer
* C. Merged
* D. Incomplete
* E. Ready to Post
Answer: A,D,E

Explanation:
These are three statuses that you can track by using the Additions infotile in the Assets work area. The Additions infotile is an infotile that shows the number of asset additions that require attention or action from you. You can use it to view and manage asset additions by their status, such as exceptions, incomplete, ready to post, or ready to transfer1. Some examples of these statuses are:
Exceptions: These are asset additions that have errors or warnings that prevent them from being transferred or posted.
Incomplete: These are asset additions that have missing or incomplete information, such as asset category, cost center, or depreciation method.
Ready to Post: These are asset additions that have been transferred from other sources, such as Payables or Projects, and are ready to be posted to General Ledger. Reference: Oracle Financials Business Process Certified Foundations Associate Rel 1

NEW QUESTION # 32
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