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

  • Exam Code: 1z0-1107-2
  • Exam Name: Oracle Financials Business Process Foundations Associate Rel 2
  • Updated: Oct 19, 2026
  • Q & A: 48 Questions and Answers

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Oracle 1z0-1107-2 Exam Syllabus Topics:

SectionObjectives
Accounts Payable- Supplier Management
- Invoice Processing
- Payment Processing
Accounts Receivable- Customer Management
- Billing and Invoicing
- Receipts and Collections
Oracle Financials Cloud Overview
General Ledger- Journal Processing
- Financial Reporting Basics
- Chart of Accounts and Ledger Configuration
Fixed Assets- Depreciation Processing
- Asset Creation and Management
Cash Management- Bank Reconciliation
- Bank Account Setup

Oracle Financials Business Process Foundations Associate Rel 2 Sample Questions:

Question #1

Your organization has decided to use the Balance Forward Billing feature to consolidate multiple invoices into a single bill and you have been asked to configure this feature. What is the recommended order of steps that needs to be followed to complete your configuration? (Choose the best Answer.)

  • A. Define BFB Payment Terms > Attach BFB Payment Terms to Customer > Enable BFB in the Customer Profile > Define BFB Billing Cycle
  • B. Enable BFB in the Customer Profile > Define BFB Payment Terms > Define BFB Billing Cycle > Attach BFB Payment Terms to Customer
  • C. Define BFB Payment Terms > Define BFB Billing Cycle > Enable BFB in the Customer Profile > Attach BFB Payment Terms to Customer
  • D. Define BFB Billing Cycle > Define BFB Payment Terms > Enable BFB in the Customer Profile > Attach BFB Payment Terms to Customer
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

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Question #2

Glenn Systems has decided to enable the Additional Duplicate Invoice Check feature. Which three additional attributes are considered for duplicate invoice check when this feature is enabled? (Choose three.)

  • A. Supplier Location
  • B. Supplier Tax Registration Number
  • C. Invoice Type
  • D. Invoice Amount
  • E. Invoice Date
Reveal Solution  Discussion  0

Correct Answer: C,D,E  🗳️

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Question #3

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. Cash Manager
  • B. Financial Analyst
  • C. General Accounting Manager
  • D. General Accountant
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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Question #4

Which three preferred delivery methods can you choose to send statements to your customers while defining customer profile classes? (Choose three.)

  • A. WhatsApp
  • B. Fax
  • C. SMS
  • D. Print
  • E. Email
Reveal Solution  Discussion  0

Correct Answer: B,D,E  🗳️

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Question #5

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

  • A. bank interest
  • B. penalty for delayed supplier payments
  • C. bank charges
  • D. late charges on delayed customer payments
Reveal Solution  Discussion  0

Correct Answer: A,C  🗳️

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