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Oracle 1z0-1107-2 Exam Syllabus Topics:

Oracle Financials Business Process Foundations Associate Rel 2 Sample Questions:

1. Glenn Systems owns a luxury car and they want to restrict the amount of depreciation that should be charged to this asset in a particular period. Which two types of depreciation ceiling can they use to achieve this? (Choose two.)

A) Depreciation Rate Ceiling
B) Depreciation Expense Ceiling
C) Depreciation Cost Ceiling
D) Depreciation Period Ceiling

2. Glenn Systems runs an advertising campaign on a monthly basis for which the expenses are incurred by the Head Office. They have a requirement to distribute the advertising ex-penses by each line of business at the end of a period. Which tool can they use to automate the distribution at the end of a period? (Choose the best Answer.)

A) Close Monitor
B) Calculation Manager
C) BI Publisher
D) Account Group

3. Cash Management provides you the flexibility to create external transactions. Which two types of transactions can be categorized as external? (Choose two.)

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

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.)

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 Period is Closed.
E) Accounting Date is in an Open Period.

5. Which tool do you use to preview the workings of your tax configuration before you per-form tax calculations on live transactions in a subledger application? (Choose the best Answer.)

A) Tax Simulator
B) Tax Manager
C) Tax Tester
D) Tax Estimator

Solutions: