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Oracle Financials Business Process Foundations Associate Rel 2 Sample Questions:
1. Your organization is exploring solutions that enable their employees to submit expenses by using opt such as SMS or Microsoft Teams. Which technology will help your organization achieve this? (Choose the best Answer.)
A) Blockchain
B) digital Assistant
C) Adaptive Intelligence
D) IOT
2. 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) Budget to Report
C) Invoice to Cash
D) Asset to Retirement
3. 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) Enable BFB in the Customer Profile > Define BFB Payment Terms > Define BFB Billing Cycle > Attach BFB Payment Terms to Customer
B) Define BFB Billing Cycle > Define BFB Payment Terms > Enable BFB in the Customer Profile > 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 Payment Terms > Attach BFB Payment Terms to Customer > Enable BFB in the Customer Profile > Define BFB Billing Cycle
4. Which three attributes can be used as selection criteria when submitting a payment process request? (Choose three.)
A) Payment Terms
B) Supplier Type
C) Invoice Type
D) Pay Groups
E) Pay Through Date
5. Robert works as an Asset Accountant for Glenn Systems and tracks the transactions that require attention by using the Additions infotile in the Assets work are a. Which three statuses can he track by using this infotile? (Choose three.)
A) Incomplete
B) Exceptions
C) Ready to Transfer
D) Ready to Post
E) Merged
Solutions:
Question # 1 Answer: B | Question # 2 Answer: A | Question # 3 Answer: B | Question # 4 Answer: C,D,E | Question # 5 Answer: A,B,D |