1z0-1107-2 Exam Dumps : Oracle Financials Business Process Foundations Associate Rel 2

These are three attributes that can be used to evaluate the scoring in the collections business process. Scoring is a process that assigns a numeric value to customers based on their payment behavior and credit risk. Scoring helps collections agents to prioritize their actions and focus on the most critical customers. Scoring can be based on various attributes, such as delinquency amount, number of delinquencies, due invoices, days sales outstanding, credit limit utilization, or payment performance1. References: Oracle Financials Business Process Certified Foundations Associate Rel 1

These are four true statements about creating assets from Payable Invoice lines by using the Create Mass Additions process. The Create Mass Additions process is a process that enables you to create assets from invoice lines in Oracle Payables and import them into Oracle Assets. To use this process, the following conditions must be met1:

• The Payable Invoice must be validated and accounted, which means that the invoice has passed the validation rules and has been assigned accounting entries.
• The Invoice Lines must be charged to an Asset Account, which is an account that is mapped to an asset category in Oracle Assets.
• The “Track as Asset” check box must be selected for the invoice distribution lines, which indicates that the invoice lines are eligible for asset creation.
• The Payable Invoice must be transferred to General Ledger, which means that the accounting entries for the invoice have been posted to the ledger and are available for reporting. References: Oracle Financials Business Process Certified Foundations Associate Rel 1

These are three attributes that can be captured on an Invoice Header while recording a supplier invoice in the Payables application. An Invoice Header is a section of an invoice that contains general information about the invoice, such as supplier details, invoice amount, invoice number, invoice date, payment terms, or description1. Some examples of these attributes are:

• Supplier Details: These are the details of the supplier who issued the invoice, such as supplier name, site, contact person, address, or tax registration number.
• Invoice Amount: This is the total amount of the invoice that is payable to the supplier, including taxes and charges.
• Invoice Number: This is the unique identifier of the invoice that is assigned by the supplier or by the system. References: Oracle Financials Business Process Certified Foundations Associate Rel 1