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

2. Invoice Number TRS11212 for USD 10000 was recorded for the customer Easy Solutions and it became due last week. The customer had made a payment for USD 8000 on the due date and requested for an additional 7 days' time to pay the remaining amount. You have decided to close the original invoice and create another debit item for the remaining amount of USD 2000. Which type of transaction would you create to record the debit item for USD 2000? (Choose the best Answer.)

A) Chargeback
B) Invoice
C) Debit Memo
D) Write Off

3. Glenn Systems runs an advertising campaign on a monthly basis for which the expenses are incurred by the Head Office. They have a requirement to distribute the advertising ex-penses by each line of business at the end of a period. Which tool can they use to automate the distribution at the end of a period? (Choose the best Answer.)

A) Account Group
B) BI Publisher
C) Calculation Manager
D) Close Monitor

4. Glenn Systems wants to deploy automatic controls to spot unusual or inappropriate expenses based on audit percentage, policy violations, specific keywords, and individuals with specific status. Which configuration will help them achieve this? (Choose the best Answer.)

A) Expense Report Audit Rules by Expense Templates and Types
B) Expense Audit List Rules
C) Expense Report Audit Selection Rules
D) Expense Report Receipt and Notification Rules

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

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

Solutions: