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Oracle Financials Business Process Foundations Associate Rel 2 Sample Questions:

1. Which process involves the comparison of planned versus actual figures by designing re-ports with the help of state-of-the-art reporting tools? (Choose the best Answer.)

A) Budget to Report
B) Procure to Pay
C) Invoice to Cash
D) Accounting Transformation

2. Glenn Systems runs an advertising campaign on a monthly basis for which the expenses are incurred by the Head Office. They have a requirement to distribute the advertising ex-penses by each line of business at the end of a period. Which tool can they use to automate the distribution at the end of a period? (Choose the best Answer.)

A) BI Publisher
B) Account Group
C) Close Monitor
D) Calculation Manager

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

4. Glenn Systems owns a luxury car and they want to restrict the amount of depreciation that should be charged to this asset in a particular period. Which two types of depreciation ceiling can they use to achieve this? (Choose two.)

A) Depreciation Cost Ceiling
B) Depreciation Period Ceiling
C) Depreciation Expense Ceiling
D) Depreciation Rate Ceiling

5. Your organization has recently made changes to one of the accounting rules to comply with the new accounting requirement. In which mode will you generate the accounting to verify that the changes made to the rule are producing the desired accounting entries before generating the final accounting? (Choose the best Answer.)

A) Provisional
B) Interim
C) Temporary
D) Draft

Solutions: