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Oracle Financials Business Process Foundations Associate Rel 2 Sample Questions:

1. Which two statements are true about running the financial statements that are designed using Financial Reporting Web Studio? (Choose two.)

A) Financial statements are generated using the data directly from the transactional tables.
B) Financial statements can be generated only in HTML format.
C) Business users can easily slice and dice the data across dimensions, and drill up, down, and sideways at any parent level.
D) Financial statements can be generated using different hierarchies to represent the data from different perspectives.

2. Ganesh is trying to import a journal from an external system and he has encountered an error. Which are three reasons for the error? (Choose three.)

A) Journal Source for the external system has not been defined.
B) Accounting Date is in an Open Period.
C) Accounting Date is in a Closed Period.
D) Accounting Date is in a Future Period.
E) Accounting Period is Closed.

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

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

4. Your organization has a requirement to ensure that the expense reports are reviewed on a regular basis to comply with its reimbursement policies. Which job role would you recommend for a person who is authorized to review and identify the compliance issues with the submitted expense reports? (Choose the best Answer.)

A) Accounts Payables Specialist
B) Expense Auditor
C) Procurement Agent
D) Expense Manager

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

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

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