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Last Updated: Sep 07, 2026

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Oracle 1z0-1107-2 Practice Q&A's

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Oracle 1z0-1107-2 Exam Syllabus Topics:

SectionObjectives
Topic 1: Oracle Financials Cloud Overview
Topic 2: General Ledger- Financial Reporting Basics
- Journal Processing
- Chart of Accounts and Ledger Configuration
Topic 3: Accounts Receivable- Receipts and Collections
- Billing and Invoicing
- Customer Management
Topic 4: Accounts Payable- Supplier Management
- Payment Processing
- Invoice Processing
Topic 5: Fixed Assets- Depreciation Processing
- Asset Creation and Management
Topic 6: Cash Management- Bank Reconciliation
- Bank Account Setup

Oracle Financials Business Process Foundations Associate Rel 2 Sample Questions:

Question #1

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. Account Tracker
  • B. Account Inspector
  • C. Balance Inspector
  • D. Balance Tracker
Answer: A

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Question #2

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 Period Ceiling
  • D. Depreciation Expense Ceiling
Answer: B,D

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Question #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 Requisitions
  • B. Purchase Orders
  • C. AP Payments
  • D. AR Invoices
  • E. AP Invoices
Answer: C,D,E

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Question #4

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. Exceptions
  • B. Incomplete
  • C. Merged
  • D. Ready to Transfer
  • E. Ready to Post
Answer: A,B,E

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Question #5

Your organization has decided to use the automatic reconciliation feature to reconcile bank statement lines with system transactions. Which three components will be useful for the auto-matic reconciliation of bank statements with system transactions? (Choose three.)

  • A. Tolerance Rules
  • B. Parse Rule Set
  • C. Transaction Grouping Rules
  • D. Matching Rules
  • E. Transfer Rules
Answer: A,C,D

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