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Oracle Financials Business Process Foundations Associate Rel 2

Last Update Sep 21, 2023
Total Questions : 42

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Oracle Financials Business Process Foundations Associate Rel 2 Questions and Answers

Questions 1

Which of the following statements are true for closing Ledgers? (Choose two)



The Revalue Balance process will translate the balances from ledger currency to foreign currency.


Close Status shows the accounting period by Single Ledger only.


Third-party system transactions should be imported before General Ledger close


Subledgers should be closed before General Ledger.

Questions 2

The Director of Sales and the Director of Learning Enablement have a meeting to discuss future training needs for the direct reports of the Director of Sales. They notice a desire in this team to have moreleadership training. The Director of Learning decides that a learning community on Leadership would be beneficial for the team. What type of learning community does the Director of Learning create to enable this?





Leadership Skills




My Learning

Questions 3

Which two statements are true about running the financial statements that are designed using

Financial Reporting Web Studio?



Financial statements can be generated using different hierarchies to represent the data from

different perspectives.


Financial statements can be generated only in HTML format.


Business users can easily slice and dice the data across dimensions, and drill up, down, and

sideways at any parent level.


Financial statements are generated using the data directly from the transactional tables.