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Oracle Financials Business Process Foundations Associate Rel 2 Sample Questions:

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

2. Your organization has decided to automate the entry of cash receipts by using a method where the customer goes and deposits the money directly into your bank account for the due invoices and the banker provides a data file to you. Which method can your organization implement to achieve this? (Choose the best Answer.)

A) Spreadsheet
B) Automatic Receipts
C) Toolbox
D) Lockbox

3. Glenn Systems wants to deploy automatic controls to spot unusual or inappropriate expenses based on audit percentage, policy violations, specific keywords, and individuals with specific status. Which configuration will help them achieve this? (Choose the best Answer.)

A) Expense Report Audit Selection Rules
B) Expense Report Receipt and Notification Rules
C) Expense Audit List Rules
D) Expense Report Audit Rules by Expense Templates and Types

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

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

Solutions: