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Oracle Financials Business Process Foundations Associate Rel 2 Sample Questions:

1. Which tool do you use to preview the workings of your tax configuration before you per-form tax calculations on live transactions in a subledger application? (Choose the best Answer.)

A) Tax Manager
B) Tax Simulator
C) Tax Estimator
D) Tax Tester

2. Your organization wants to implement a process that helps in recording requisitions, buying goods or services, and managing supplier invoices and payments. Which Financials business process would you recommend to achieve this? (Choose the best Answer.)

A) Invoice to Cash
B) Procure to Pay
C) Asset to Retirement
D) Budget to Report

3. 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) IOT
B) digital Assistant
C) Adaptive Intelligence
D) Blockchain

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

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) Transaction Grouping Rules
B) Parse Rule Set
C) Tolerance Rules
D) Transfer Rules
E) Matching Rules

Solutions: