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Oracle Financials Business Process Foundations Associate Rel 2 Sample Questions:

1. 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) Matching Rules
C) Tolerance Rules
D) Transaction Grouping Rules
E) Transfer Rules

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

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

3. Which three can be captured on an Invoice Header while recording a supplier invoice in the Payables application? (Choose three.)

A) invoice amount
B) distribution combination
C) integration details with other applications
D) invoice number
E) supplier details

4. Your organization has hired Steven Johns who will be responsible for analyzing the financial performance and providing feedback for better decision making. Which job role will help Steven Johns to perform his job in the organization? (Choose the best Answer.)

A) General Accountant
B) Financial Analyst
C) General Accounting Manager
D) Cash Manager

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

Solutions: