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Oracle Financials Business Process Foundations Associate Rel 2 Sample Questions:

1. Your manager is about to schedule the create accounting job to generate accounting entries on a periodic basis. Process Category is one of the parameters that could be optionally selected while submitting this job and your manager wants to know its relevance. What will be your response? (Choose the best Answer.)

A) Process Category helps you to restrict the subledger application for which the account-ing entries can be generated
B) Process Category helps you to restrict the accounting mode as Draft or Final based on which the accounting entries should be generated.
C) Process Category helps you to restrict the ledger for which the accounting entries can be generated.
D) Process Category helps you to restrict the events selected for accounting and it is useful for segmenting events based on processing volumes.

2. Which three attributes can be used as selection criteria when submitting a payment process request? (Choose three.)

A) Supplier Type
B) Pay Groups
C) Invoice Type
D) Payment Terms
E) Pay Through Date

3. 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 Rate Ceiling
B) Depreciation Cost Ceiling
C) Depreciation Expense Ceiling
D) Depreciation Period Ceiling

4. Robert works as a General Accountant for Glenn Systems and he has a requirement to inquire and analyze the GL Account balances on a regular basis. Which tool can he use to in-quire and analyze the GL Account balances online? (Choose the best Answer.)

A) Balance Inspector
B) Balance Tracker
C) Account Inspector
D) Account Tracker

5. 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

Solutions: