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Oracle Financials Business Process Foundations Associate Rel 2 Sample Questions:

1. 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.)

A) Reporting only Consolidation
B) Oracle Hyperion Financial Management Consolidation
C) Calculation Manager Consolidation
D) Balance Transfer Consolidation

2. Your organization follows the integrated invoice imaging solution to scan and process sup-plier invoices. Steve is a Payables clerk and his job is to regularly review the invoices created from an invoice image that has invalid or missing dat a. In which status can these invoices be found? (Choose the best Answer.)

A) Incomplete
B) Validated
C) Needs Revalidation
D) Not Validated

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) Fax
C) SMS
D) Print
E) Email

4. Your organization wants to implement a process that helps in recording requisitions, buying goods or services, and managing supplier invoices and payments. Which Financials business process would you recommend to achieve this? (Choose the best Answer.)

A) Asset to Retirement
B) Budget to Report
C) Procure to Pay
D) Invoice to Cash

5. Which three Cash Management infolets do you find in the Analytics section of the home page? (Choose three.)

A) Missing Statements
B) External Transactions
C) Cash Balance
D) Project Interest Amount
E) Unreconciled

Solutions: