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Oracle Financials Business Process Foundations Associate Rel 2 Sample Questions:

1. Your organization has a requirement to ensure that the expense reports are reviewed on a regular basis to comply with its reimbursement policies. Which job role would you recommend for a person who is authorized to review and identify the compliance issues with the submitted expense reports? (Choose the best Answer.)

A) Procurement Agent
B) Expense Auditor
C) Expense Manager
D) Accounts Payables Specialist

2. Invoice Number TRS11212 for USD 10000 was recorded for the customer Easy Solutions and it became due last week. The customer had made a payment for USD 8000 on the due date and requested for an additional 7 days' time to pay the remaining amount. You have decided to close the original invoice and create another debit item for the remaining amount of USD 2000. Which type of transaction would you create to record the debit item for USD 2000? (Choose the best Answer.)

A) Chargeback
B) Invoice
C) Write Off
D) Debit Memo

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.)

A) Account Tracker
B) Account Inspector
C) Balance Tracker
D) Balance Inspector

4. Which technology helps in calculating and recommending discounts for single payments in Oracle Payments? (Choose the best Answer.)

A) Adaptive Intelligence
B) Internet of Things
C) 4. Digital Assistant
D) Machine Learning

5. 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) Financial statements can be generated using different hierarchies to represent the data from different perspectives.
C) Financial statements are generated using the data directly from the transactional tables.
D) Business users can easily slice and dice the data across dimensions, and drill up, down, and sideways at any parent level.

Solutions: