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

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

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

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

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

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

5. Your organization has decided to automate the entry of cash receipts by using a method where the customer goes and deposits the money directly into your bank account for the due invoices and the banker provides a data file to you. Which method can your organization implement to achieve this? (Choose the best Answer.)

A) Toolbox
B) Spreadsheet
C) Automatic Receipts
D) Lockbox

Solutions: