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

1z0-1107-2
  • Exam Code: 1z0-1107-2
  • Exam Name: Oracle Financials Business Process Foundations Associate Rel 2
  • Updated: Sep 15, 2025
  • Q & A: 48 Questions and Answers
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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) Tolerance Rules
B) Parse Rule Set
C) Transaction Grouping Rules
D) Matching Rules
E) Transfer Rules


2. Easy Solutions INC has decided to set up a meals expense policy and you have been given the responsibility to define the policy. Identify the correct sequence of steps that should be per-formed to define the meals expense policy? (Choose the best Answer.)

A) Setting up a Meals Policy > Setting up Policy Violations > Completing the Meals Rate Spreadsheet > Associating the Meals Expense Policy with an Expense Type
B) Completing the Meals Rate Spreadsheet > Setting up Policy Violations > Setting up a Meals Policy > Associating the Meals Expense Policy with an Expendim Type
C) Setting up Policy Violations > Setting up a Meals Policy > Completing the Meals Rate Spreadsheet > Associating the Meals Expense Policy with an Expense Type
D) Associating the Meals Expense Policy with an Expense Type > Setting up Policy Violations > Setting up a Meals Policy > Associating the Meals Expense Policy with an Expense Type


3. Your organization follows the integrated invoice imaging solution to scan and process sup-plier invoices. Steve is a Payables clerk and his job is to regularly review the invoices created from an invoice image that has invalid or missing dat a. In which status can these invoices be found? (Choose the best Answer.)

A) Incomplete
B) Needs Revalidation
C) Validated
D) Not Validated


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) Journal Source for the external system has not been defined.
B) Accounting Date is in an Open Period.
C) Accounting Date is in a Future Period.
D) Accounting Period is Closed.
E) Accounting Date is in a Closed Period.


5. 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) Invoice Type
B) Invoice Date
C) Supplier Location
D) Invoice Amount
E) Supplier Tax Registration Number


Solutions:

Question # 1
Answer: A,C,D
Question # 2
Answer: A
Question # 3
Answer: A
Question # 4
Answer: C,D,E
Question # 5
Answer: A,B,D

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