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Oracle Financials Business Process Foundations Associate Rel 2 Sample Questions:
1. John is working as a Cash Manager for Glenn Systems and regularly uses the Unreconciled infolet to review the unreconciled Bank Statement Lines and System Transactions. He is not able to find the details of some transactions on this infolet because there is a limitation for the number of days for which the data appears on this infolet. Identify the number of days for which data appears on this infolet.? (Choose the best Answer.)
A) last 45 days
B) last 65 days
C) last 50 days
D) last 55 days
2. 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) Transfer Rules
B) Transaction Grouping Rules
C) Parse Rule Set
D) Tolerance Rules
E) Matching Rules
3. 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
4. Which four factors are responsible for calculating taxes on Receivables transactions? (Choose four.)
A) Processes
B) Places
C) Programs
D) Products
E) Plans
F) Parties
5. 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) Adaptive Intelligence
B) IOT
C) Blockchain
D) digital Assistant
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: B,D,E | Question # 3 Answer: C | Question # 4 Answer: A,B,D,E,F | Question # 5 Answer: D |


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