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Oracle Financials Business Process Foundations Associate Rel 2 Sample Questions:
1. Which three attributes can be used as selection criteria when submitting a payment process request? (Choose three.)
A) Invoice Type
B) Payment Terms
C) Pay Groups
D) Pay Through Date
E) Supplier Type
2. Easy Solutions INC has decided to set up a meals expense policy and you have been given the responsibility to define the policy. Identify the correct sequence of steps that should be per-formed to define the meals expense policy? (Choose the best Answer.)
A) Setting up a Meals Policy > Setting up Policy Violations > Completing the Meals Rate Spreadsheet > Associating the Meals Expense Policy with an Expense Type
B) Associating the Meals Expense Policy with an Expense Type > Setting up Policy Violations > Setting up a Meals Policy > Associating the Meals Expense Policy with an Expense Type
C) Completing the Meals Rate Spreadsheet > Setting up Policy Violations > Setting up a Meals Policy > Associating the Meals Expense Policy with an Expendim Type
D) Setting up Policy Violations > Setting up a Meals Policy > Completing the Meals Rate Spreadsheet > Associating the Meals Expense Policy with an Expense Type
3. Which process involves the comparison of planned versus actual figures by designing re-ports with the help of state-of-the-art reporting tools? (Choose the best Answer.)
A) Procure to Pay
B) Invoice to Cash
C) Accounting Transformation
D) Budget to Report
4. 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) Percent Current
C) Collector Effective Index
D) Promise to Pay
E) Average Days Delinquent
5. 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 Create Journals page
B) the Analyze Journal Entry page
C) the Account Override page
D) Account Monitor
Solutions:
| Question # 1 Answer: A,C,D | Question # 2 Answer: A | Question # 3 Answer: D | Question # 4 Answer: E | Question # 5 Answer: B |






