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Oracle Financials Business Process Foundations Associate Rel 2 Sample Questions:

1. Glenn Systems has decided to enable the Additional Duplicate Invoice Check feature. Which three additional attributes are considered for duplicate invoice check when this feature is enabled? (Choose three.)

A) Supplier Location
B) Supplier Tax Registration Number
C) Invoice Date
D) Invoice Amount
E) Invoice Type

2. Your organization has decided to apply late charges against overdue customer transactions as well as delayed payments. Your manager has requested you to evaluate the various methods that can be used to calculate late charges. Which three are valid options for calculating late charges? (Choose three.)

A) Fortnightly Balance
B) Overdue Transactions and Late Payments
C) Overdue Transactions Only
D) Late Payments Only
E) Average Quarterly Balance

3. Robert works as a General Accountant for Glenn Systems and he has a requirement to inquire and analyze the GL Account balances on a regular basis. Which tool can he use to in-quire and analyze the GL Account balances online? (Choose the best Answer.)

A) Account Tracker
B) Balance Inspector
C) Account Inspector
D) Balance Tracker

4. Which tool do you use to preview the workings of your tax configuration before you per-form tax calculations on live transactions in a subledger application? (Choose the best Answer.)

A) Tax Tester
B) Tax Manager
C) Tax Simulator
D) Tax Estimator

5. Cash Management provides you the flexibility to create external transactions. Which two types of transactions can be categorized as external? (Choose two.)

A) penalty for delayed supplier payments
B) late charges on delayed customer payments
C) bank charges
D) bank interest

Solutions: