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Oracle Financials Business Process Foundations Associate Rel 2 Sample Questions:

1. Glenn Systems has decided to use the batch scheduler functionality to automatically dis-tribute the Budget Vs Actual analysis reports via emails. Which feature of batch scheduler can they use to achieve this? (Choose the best Answer.)

A) Break Out
B) Bursting
C) Distribute
D) Explode

2. Your organization has recently made changes to one of the accounting rules to comply with the new accounting requirement. In which mode will you generate the accounting to verify that the changes made to the rule are producing the desired accounting entries before generating the final accounting? (Choose the best Answer.)

A) Provisional
B) Interim
C) Draft
D) Temporary

3. 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.

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

5. 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) Setting up Policy Violations > Setting up a Meals Policy > Completing the Meals Rate Spreadsheet > 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) 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

Solutions: