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Oracle Financials Business Process Foundations Associate Rel 2 Sample Questions:

1. Your organization has decided to apply late charges against overdue customer transactions as well as delayed payments. Your manager has requested you to evaluate the various methods that can be used to calculate late charges. Which three are valid options for calculating late charges? (Choose three.)

A) Late Payments Only
B) Average Quarterly Balance
C) Overdue Transactions and Late Payments
D) Overdue Transactions Only
E) Fortnightly Balance

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

3. Which four statements are true about creating assets from Payable Invoice lines by using the Create Mass Additions process? (Choose four.)

A) The "Track as Asset" check box must be selected for the invoice distribution lines.
B) Invoice Lines must be charged to an Asset Account.
C) Payable Invoice must be validated and accounted.
D) Invoice Lines must be charged to a Revenue Account.
E) Payable Invoice must be transferred to General Ledger.

4. Which two statements are true about Oracle Expenses Cloud integration with travel partners? (Choose two.)

A) Oracle Expenses Cloud supports direct integration only with GetThere.
B) Oracle Expenses Cloud supports direct integration only with Concur.
C) Oracle Expenses Cloud supports integration with other partners through Rest APIs.
D) Oracle Expenses Cloud supports direct integration only with TripActions.

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

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