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Oracle Financials Business Process Foundations Associate Rel 2 Sample Questions:

1. Your organization is exploring solutions that enable their employees to submit expenses by using opt such as SMS or Microsoft Teams. Which technology will help your organization achieve this? (Choose the best Answer.)

A) IOT
B) digital Assistant
C) Blockchain
D) Adaptive Intelligence

2. Sharon is working as a collections manager and he is interested in performing an analysis based on the difference between the date of settlement and the due date of payment of invoice. Which key performance indicator will help him to review this information? (Choose the best Answer.)

A) Days Sales Outstanding
B) Average Days Delinquent
C) Promise to Pay
D) Percent Current
E) Collector Effective Index

3. Which three preferred delivery methods can you choose to send statements to your customers while defining customer profile classes? (Choose three.)

A) WhatsApp
B) Print
C) SMS
D) Fax
E) Email

4. Your organization has decided to automate the entry of cash receipts by using a method where the customer goes and deposits the money directly into your bank account for the due invoices and the banker provides a data file to you. Which method can your organization implement to achieve this? (Choose the best Answer.)

A) Automatic Receipts
B) Lockbox
C) Spreadsheet
D) Toolbox

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

Solutions: