Try Oracle : 1z0-1107-2 valid & accurate questions and answers

Updated: May 31, 2026

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Oracle Financials Business Process Foundations Associate Rel 2 Sample Questions:

1. Ganesh works for Glenn Systems as a General Accountant and he has a requirement to create periodic allocations at the end of the month to distribute welfare expenses. The allocations will be based on headcounts in each department. In which currency should the journal entry be created to load the headcounts? (Choose the best Answer.)

A) Statistical Currency
B) Foreign Currency
C) Ledger Currency
D) Reporting Currency


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

A) Financial statements can be generated only in HTML format.
B) Financial statements can be generated using different hierarchies to represent the data from different perspectives.
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 are generated using the data directly from the transactional tables.


3. Which accounting engine is used to define the rules that help in generating the accounting entries for transactions such as supplier invoices and payments or customer invoices and receipts? (Choose the best Answer.)

A) Essbase Cube
B) Subledger Accounting (SLA)
C) General Ledger
D) Business Intelligence


4. Your organization has hired Steven Johns who will be responsible for analyzing the financial performance and providing feedback for better decision making. Which job role will help Steven Johns to perform his job in the organization? (Choose the best Answer.)

A) General Accounting Manager
B) General Accountant
C) Financial Analyst
D) Cash Manager


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


Solutions:

Question # 1
Answer: A
Question # 2
Answer: B,C
Question # 3
Answer: B
Question # 4
Answer: C
Question # 5
Answer: A

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