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Oracle Financials Business Process Foundations Associate Rel 2 Sample Questions:

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

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

2. One of the internal auditors in your organization is reviewing subledger journals and want more details about the rules that were used to generate these journals. What would you use to review these rules? (Choose the best Answer.)

A) the Account Override page
B) Account Monitor
C) the Create Journals page
D) the Analyze Journal Entry page

3. Which three attributes can be used as selection criteria when submitting a payment process request? (Choose three.)

A) Pay Groups
B) Pay Through Date
C) Payment Terms
D) Invoice Type
E) Supplier Type

4. Which three can be captured on an Invoice Header while recording a supplier invoice in the Payables application? (Choose three.)

A) invoice amount
B) distribution combination
C) integration details with other applications
D) supplier details
E) invoice number

5. Sharon is working as a collections manager and he is interested in performing an analysis based on the difference between the date of settlement and the due date of payment of invoice. Which key performance indicator will help him to review this information? (Choose the best Answer.)

A) Days Sales Outstanding
B) Average Days Delinquent
C) Promise to Pay
D) Percent Current
E) Collector Effective Index

Solutions: