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Oracle Financials Business Process Foundations Associate Rel 2 Sample Questions:

1. Your organization wants to implement a process that helps in recording requisitions, buying goods or services, and managing supplier invoices and payments. Which Financials business process would you recommend to achieve this? (Choose the best Answer.)

A) Procure to Pay
B) Invoice to Cash
C) Budget to Report
D) Asset to Retirement

2. Which two statements are true about creating case folders within the Customer Statement to Collections business process? (Choose two.)

A) Billing transactions can belong to multiple case folders.
B) Billing transactions must be of the same currency.
C) Billing transactions must belong to the same bill-to customer.
D) Billing transactions can be of multiple currencies.

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

4. Which accounting engine is used to define the rules that help in generating the accounting entries for transactions such as supplier invoices and payments or customer invoices and receipts? (Choose the best Answer.)

A) Essbase Cube
B) Business Intelligence
C) Subledger Accounting (SLA)
D) General Ledger

5. 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) Completing the Meals Rate Spreadsheet > Setting up Policy Violations > Setting up a Meals Policy > Associating the Meals Expense Policy with an Expendim Type
B) 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
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) Setting up a Meals Policy > Setting up Policy Violations > Completing the Meals Rate Spreadsheet > Associating the Meals Expense Policy with an Expense Type

Solutions: