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Oracle Financials Business Process Foundations Associate Rel 2 Sample Questions:

1. Which three preferred delivery methods can you choose to send statements to your customers while defining customer profile classes? (Choose three.)

A) WhatsApp
B) Fax
C) Email
D) SMS
E) Print


2. Which technology helps in calculating and recommending discounts for single payments in Oracle Payments? (Choose the best Answer.)

A) Adaptive Intelligence
B) Machine Learning
C) 4. Digital Assistant
D) Internet of Things


3. Your organization has decided to use the Balance Forward Billing feature to consolidate multiple invoices into a single bill and you have been asked to configure this feature. What is the recommended order of steps that needs to be followed to complete your configuration? (Choose the best Answer.)

A) Define BFB Payment Terms > Define BFB Billing Cycle > Enable BFB in the Customer Profile > Attach BFB Payment Terms to Customer
B) Define BFB Billing Cycle > Define BFB Payment Terms > Enable BFB in the Customer Profile > Attach BFB Payment Terms to Customer
C) Define BFB Payment Terms > Attach BFB Payment Terms to Customer > Enable BFB in the Customer Profile > Define BFB Billing Cycle
D) Enable BFB in the Customer Profile > Define BFB Payment Terms > Define BFB Billing Cycle > Attach BFB Payment Terms to Customer


4. Which four statements are true about an effective subledger period close? (Choose four.)

A) Projects must be closed before Fixed Assets.
B) Payable must be closed before closing Fixed Assets.
C) Fixed Assets must be closed before Payables.
D) Fixed Assets must be closed before Receivables.
E) Payable must be closed before Projects.


5. 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 Expense Ceiling
D) Depreciation Period Ceiling


Solutions:

Question # 1
Answer: B,C,E
Question # 2
Answer: A
Question # 3
Answer: B
Question # 4
Answer: A,C,D,E
Question # 5
Answer: B,C

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