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

These are two types of transactions that can be categorized as external in Cash Management. External transactions are transactions that are not generated by Oracle applications, but are manually entered or imported from external sources, such as bank statements or third-party systems. External transactions can include bank charges, bank interest, bank errors, adjustments, or transfers1. 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

These are four true statements about an effective subledger period close. A subledger period close is a process that ensures that all transactions and adjustments in a subledger application, such as Projects, Payables, Fixed Assets, or Receivables, are accounted and transferred to General Ledger for a given period. To perform an effective subledger period close, you need to follow a recommended sequence of steps and dependencies among different subledger applications1. Some of these steps and dependencies are:

• Projects must be closed before Fixed Assets, which means that you need to ensure that all project-related transactions and adjustments are accounted and transferred to General Ledger before creating or adjusting any assets from projects in Fixed Assets.
• Payable must be closed before Projects, which means that you need to ensure that all supplier invoice and payment transactions and adjustments are accounted and transferred to General Ledger before creating or adjusting any project expenditures from Payables in Projects.
• Fixed Assets must be closed before Payables, which means that you need to ensure that all asset addition, depreciation, adjustment, and retirement transactions and adjustments are accounted and transferred to General Ledger before creating or adjusting any supplier invoices from assets in Payables.
• Fixed Assets must be closed before Receivables, which means that you need to ensure that all asset-related transactions and adjustments are accounted and transferred to General Ledger before creating or adjusting any customer invoices from assets in Receivables. References: Oracle Financials Business Process Certified Foundations Associate Rel 1