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

  • Exam Code: 1z0-1107-2
  • Exam Name: Oracle Financials Business Process Foundations Associate Rel 2
  • Updated: Aug 26, 2026
  • Q & A: 48 Questions and Answers

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Oracle 1z0-1107-2 Exam Syllabus Topics:

SectionWeightObjectives
Procure to Payment Process20%- Accounts Payable taxes
- Overview of Procure to Payment flow
- Cash reconciliation
- Expenses and reimbursement
- Invoices and payments
Budget to Report Process20%- Financial reporting and analysis
- Budgeting and forecasting
- Transaction capture and processing
- Period close procedures
Asset Acquisition to Retirement Process20%- Acquisition and addition
- Transfers and reclassifications
- Depreciation and adjustments
- Retirement and disposal
- Asset lifecycle overview
Accounting Transformation Process20%- Transaction accounting creation
- Transfer to General Ledger
- Subledger Accounting overview
- Reconciliation and period close
Invoice to Cash Process20%- Accounts Receivable transactions
- Statements and collections
- Tax handling in AR
- Receipts and applications
- Overview of Invoice to Cash flow

Oracle Financials Business Process Foundations Associate Rel 2 Sample Questions:

1. Your organization is exploring solutions that enable their employees to submit expenses by using opt such as SMS or Microsoft Teams. Which technology will help your organization achieve this? (Choose the best Answer.)

A) digital Assistant
B) Adaptive Intelligence
C) IOT
D) Blockchain


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.)

A) Asset to Retirement
B) Budget to Report
C) Procure to Pay
D) Invoice to Cash


3. Which three Cash Management infolets do you find in the Analytics section of the home page? (Choose three.)

A) Missing Statements
B) External Transactions
C) Cash Balance
D) Project Interest Amount
E) Unreconciled


4. Which four factors are responsible for calculating taxes on Receivables transactions? (Choose four.)

A) Parties
B) Processes
C) Places
D) Products
E) Plans
F) Programs


5. Which four statements are true about creating assets from Payable Invoice lines by using the Create Mass Additions process? (Choose four.)

A) Payable Invoice must be transferred to General Ledger.
B) The "Track as Asset" check box must be selected for the invoice distribution lines.
C) Invoice Lines must be charged to a Revenue Account.
D) Invoice Lines must be charged to an Asset Account.
E) Payable Invoice must be validated and accounted.


Solutions:

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

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