1z0-1107-2 Questions and Answers

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 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

Bursting is the feature of batch scheduler that can be used to automatically distribute the Budget Vs Actual analysis reports via emails. Bursting enables you to split a single report based on a key value, such as business unit or ledger, and deliver each report segment to a different recipient or destination, such as email or printer1. References: Oracle Financials Business Process Foundations Associate Rel 2

Debit Memo is the type of transaction that you would create to record the debit item for USD 2000. A debit memo is a transaction that increases the amount owed by a customer, such as a partial payment, a penalty, or a price adjustment. You can create a debit memo to close the original invoice and generate a new invoice for the remaining amount1. References: Oracle Financials Business Process Certified Foundations Associate Rel 1

The Analyze Journal Entry page is the tool that you can use to review the rules that were used to generate subledger journals. The Analyze Journal Entry page allows you to view the details of subledger journal entries, such as source, category, ledger, accounting date, and status. You can also drill down to the subledger accounting events and lines, and view the accounting rules and mappings that were applied to create the journal entries1. References: Oracle Financials Business Process Certified Foundations Associate Rel 1

Average Days Delinquent is the key performance indicator that will help you to perform an analysis based on the difference between the date of settlement and the due date of payment of invoice. Average Days Delinquent is a measure of how long it takes for customers to pay their overdue invoices. It is calculated by dividing the total number of delinquent days by the number of delinquent invoices. It indicates the average delay in payment and the effectiveness of your collections efforts1. References: Oracle Financials Business Process Certified Foundations Associate Rel 1

These are three preferred delivery methods that you can choose to send statements to your customers while defining customer profile classes. A customer profile class is a grouping of customers that share common attributes, such as credit limits, payment terms, or statement cycles. You can define the preferred delivery method for each customer profile class to specify how you want to send statements to your customers. The available delivery methods are fax, print, email, or none1. References: Oracle Financials Business Process Certified Foundations Associate Rel 1

Process Category is an optional parameter that can be selected while submitting the create accounting job to generate accounting entries on a periodic basis. It helps you to restrict the events selected for accounting and it is useful for segmenting events based on processing volumes. For example, you can create different process categories for high-volume and low-volume transactions, or for different subledger applications2. References: Oracle Financials Business Process Certified Foundations Associate Rel 1

Expense Auditor is the job role that would be recommended for a person who is authorized to review and identify the compliance issues with the submitted expense reports. Expense Auditor is responsible for auditing expense reports for policy violations, duplicate expenses, missing receipts, and other errors. Expense Auditor can also approve, reject, or return expense reports for correction2. References: Oracle Financials Business Process Certified Foundations Associate Rel 1