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Following are some reference material for actual Oracle 1z0-1107-2 exam test
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Procure to Payment Process | 20% | - Overview of Procure to Payment flow - Accounts Payable taxes - Invoices and payments - Cash reconciliation - Expenses and reimbursement |
| Topic 2: Invoice to Cash Process | 20% | - Tax handling in AR - Receipts and applications - Accounts Receivable transactions - Statements and collections - Overview of Invoice to Cash flow |
| Topic 3: Budget to Report Process | 20% | - Budgeting and forecasting - Period close procedures - Transaction capture and processing - Financial reporting and analysis |
| Topic 4: Asset Acquisition to Retirement Process | 20% | - Depreciation and adjustments - Retirement and disposal - Asset lifecycle overview - Transfers and reclassifications - Acquisition and addition |
| Topic 5: Accounting Transformation Process | 20% | - Reconciliation and period close - Transfer to General Ledger - Transaction accounting creation - Subledger Accounting overview |
Which three Cash Management infolets do you find in the Analytics section of the home page? (Choose three.)
Correct Answer: A,C,E 🗳️
Explanation: Only visible for Pass4guide members. You can sign-up / login (it's free).
One of the internal auditors in your organization is reviewing subledger journals and want more details about the rules that were used to generate these journals. What would you use to review these rules? (Choose the best Answer.)
Correct Answer: C 🗳️
Explanation: Only visible for Pass4guide members. You can sign-up / login (it's free).
Collector Jim Jones is working on a delinquent customer account and he has created some action items to follow up with this customer, including making a phone call and a personal vis-it. On which infotile can he find these action items? (Choose the best Answer.)
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Explanation: Only visible for Pass4guide members. You can sign-up / login (it's free).
Easy Solutions INC has operations in the USA, UK, and Germany. USA is the parent entity and it has two subsidiary entities in UK and Germany. USA and UK entities are sharing the same chart of accounts and calendar, whereas the Germany entity has a different chart of ac-count and calendar due to some statutory requirements. Which consolidation method would you recommend to consolidate the financials balances of the Germany entity with the parent entity in the USA? (Choose the best Answer.)
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Explanation: Only visible for Pass4guide members. You can sign-up / login (it's free).
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.)
Correct Answer: C 🗳️
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