Latest Oracle 1z0-1107-2 Free Certification Exam Material with 48 Q&As
UPDATED 1z0-1107-2 Exam Questions Certification Test Engine to PDF
NEW QUESTION # 12
Apart from being manually added into the system, where else might Pending Workers come from?
- A. Compensation Processing
- B. Talent Management Processing
- C. Pending Worker Self Register
- D. Recruiting
Answer: D
Explanation:
Pending workers can come from recruiting, which is a process that involves sourcing, screening, selecting, and hiring candidates for job openings. When a candidate is hired from the recruiting system, they are automatically created as a pending worker in the HR system, and can be later converted to an employee or a contingent worker. Talent management processing, pending worker self register, and compensation processing are not sources of pending workers, but rather processes that involve managing the performance, development, career, and rewards of existing workers . Reference: [Oracle Recruiting Cloud User Guide], [Oracle Recruiting Cloud Implementation Guide], [Oracle Talent Management Cloud User Guide], [Oracle Career Development Cloud User Guide], [Oracle Compensation Cloud Implementation Guide]
NEW QUESTION # 13
Glenn Systems runs an advertising campaign on a monthly basis for which the expenses are incurred by the Head Office. They have a requirement to distribute the advertising ex-penses by each line of business at the end of a period. Which tool can they use to automate the distribution at the end of a period? (Choose the best Answer.)
- A. Calculation Manager
- B. Close Monitor
- C. Account Group
- D. BI Publisher
Answer: A
Explanation:
Calculation Manager is the tool that you can use to automate the distribution of the advertising expenses by each line of business at the end of a period. Calculation Manager is a tool that enables you to create and manage allocation rules that define how to distribute amounts from a source to one or more destinations based on various criteria, such as percentages, ratios, or formulas. You can schedule and run allocation rules periodically or on demand1. Reference: Oracle Financials Business Process Foundations Associate Rel 2
NEW QUESTION # 14
Your organization is exploring solutions that enable their employees to submit expenses by using opt such as SMS or Microsoft Teams. Which technology will help your organization achieve this
- A. Blockchain
- B. IOT
- C. Digital Assistant
- D. Adaptive Intelligence
Answer: C
Explanation:
The technology that will help your organization achieve the goal of enabling their employees to submit expenses by using options such as SMS or Microsoft Teams is digital assistant, which is a platform that allows users to interact with various applications and services through natural language conversations. Digital assistant can be integrated with different channels such as SMS, Microsoft Teams, Slack, Facebook Messenger, etc., and can provide users with a conversational interface to perform tasks such as creating and submitting expense reports, attaching receipts, reviewing and approving expenses, etc. Adaptive intelligence, IOT, and blockchain are not technologies that will help your organization achieve the goal of enabling their employees to submit expenses by using options such as SMS or Microsoft Teams, but rather technologies that have different purposes and functionalities. Adaptive intelligence is a technology that uses machine learning and artificial intelligence to provide insights and recommendations based on data analysis. IOT is a technology that connects physical devices and sensors to the internet and enables data collection and exchange. Blockchain is a technology that creates a distributed ledger of transactions that is secure and immutable. Reference: Oracle Digital Assistant User Guide, Oracle Expenses Cloud User Guide
NEW QUESTION # 15
Which Absence-related data can an employee access apart from being able to add an absence and review existing absences?
- A. Balance Adjustment Requests
- B. Plan Balances
- C. Absence Calculation Rules
- D. Absence Processing Rules
Answer: B
Explanation:
Employees can access their plan balances from the Absence Balance page, which shows the current balance and projected balance for each absence plan they are enrolled in1. Absence calculation rules and absence processing rules are not visible to employees, but only to administrators2. Balance adjustment requests are not a type of absence-related data, but a type of action that employees can perform to request changes to their plan balances3. Reference: Oracle Absence Management Cloud User Guide, Oracle Absence Management Cloud Implementation Guide, Oracle Global Human Resources Cloud User Guide
NEW QUESTION # 16
Which are the two elements that make up the Hire to Retire process? (Choose two.)
- A. Managing the employee's talent profiles
- B. Managing the employee's benefits and compensation
- C. Adding new hires
- D. Managing the employee's life cycle
Answer: C,D
Explanation:
The two elements that make up the Hire to Retire process are managing the employee's life cycle and adding new hires. Managing the employee's life cycle involves handling all the events and changes that occur during an employee's tenure in the organization, such as transfers, promotions, terminations, leaves of absence, etc. Adding new hires involves creating person records and work relationships for new employees or contingent workers who join the organization. Managing the employee's talent profiles, managing the employee's benefits and compensation are not elements that make up the Hire to Retire process, but rather processes that fall under other business functions such as talent management or compensation management. Reference: Oracle Global Human Resources Cloud User Guide, Oracle Global Human Resources Cloud User Guide, Oracle Global Human Resources Cloud User Guide
NEW QUESTION # 17
Once an employee makes their benefit election, rates will be passed to payroll. What rate from benefits enrollment gets sent to payroll?
- A. No rate gets sent to payroll
- B. Defined Amount
- C. Amount
- D. Communicated Amount
Answer: A
Explanation:
Benefits enrollment does not send any rate to payroll, because benefits rates are calculated by the benefits engine and stored in the benefits tables, not in the payroll tables. Payroll uses the benefits element entries to determine the deductions and employer contributions for each employee. The communicated amount, defined amount, and amount are all types of benefits rates that are used for different purposes, but none of them are sent to payroll. Reference: [Oracle Benefits Cloud Implementation Guide], [Oracle Payroll Cloud Implementation Guide]
NEW QUESTION # 18
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 more leadership 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?
- A. Self-Service
- B. Catalog
- C. Leadership Skills
- D. My Learning
Answer: C
Explanation:
The type of learning community that the Director of Learning creates to enable leadership training for the team is leadership skills, which is one of the predefined types of learning communities that are available in Oracle Learning Cloud. Leadership skills learning communities are designed to help workers develop their leadership potential and competencies by providing access to relevant learning content and activities, as well as connecting them with mentors and peers who can guide and support them. Self-service, catalog, and my learning are not types of learning communities, but rather features or pages in Oracle Learning Cloud. Self-service allows workers to create their own learning communities or join existing ones. Catalog allows workers to browse and enroll in learning offerings such as courses, programs, or certifications. My learning allows workers to view and manage their learning progress and achievements. Reference: [Oracle Learning Cloud User Guide], [Oracle Learning Cloud User Guide], [Oracle Learning Cloud User Guide], Oracle Learning Cloud User Guide
NEW QUESTION # 19
The employee's career development is crucial to your organization as it's a way to retain your topperforming employees at your company. You would like for the Manager and employee to be in communication on this topic on a quarterly basis and be aware of what open roles within the company their direct reports would be a strong fit for. In order to put actions into conversations when it comes to the development of an employee, what employee information do Managers have access to?
- A. Performance evaluation
- B. The employee's career preference statement
- C. Goals
- D. Roles of interest
Answer: D
Explanation:
The employee information that managers have access to when it comes to the development of an employee is roles of interest, which are the roles that the employee has expressed interest in pursuing as part of their career aspirations. Managers can view the roles of interest for each of their direct reports from the Career Planning page, where they can also see the fit score and gap analysis for each role based on the employee's skills and qualifications. Managers can use this information to guide their employees in finding suitable learning opportunities and career paths within the organization. Goals, performance evaluation, and the employee's career preference statement are not employee information that managers have access to when it comes to the development of an employee, but rather information that managers can use for other purposes such as performance management or goal management. Reference: Oracle Career Development Cloud User Guide, Oracle Career Development Cloud User Guide
NEW QUESTION # 20
Chargeback will
- A. Decrease the Invoice amount left and create another debit Item
- B. The Invoice amount is not touched and create another Credit Item
- C. Increase the Invoice amount left and create another debit Item
- D. The Invoice amount is not touched and create another debit Item
Answer: A
Explanation:
Chargeback will decrease the invoice amount left and create another debit item. Chargeback is a process of applying an unpaid invoice amount to a new invoice. It reduces the balance due on the original invoice and creates a new invoice with a new due date and a new transaction number. Reference: Oracle Financials Business Process Foundations Associate Rel 2, page 13-14.
NEW QUESTION # 21
Which accounting engine is used to define the rules that help in generating the accounting entries for transactions such as supplier invoices and payments or customer invoices and receipts? (Choose the best Answer.)
- A. Business Intelligence
- B. Subledger Accounting (SLA)
- C. Essbase Cube
- D. General Ledger
Answer: B
Explanation:
Subledger Accounting (SLA) is the accounting engine that is used to define the rules that help in generating the accounting entries for transactions such as supplier invoices and payments or customer invoices and receipts. SLA provides a common platform for all subledger applications to create accounting entries based on user-defined rules and mappings. SLA also provides tools for reporting, inquiry, and analysis of subledger journal entries1. Reference: Oracle Financials Business Process Certified Foundations Associate Rel 1
NEW QUESTION # 22
Your organization is exploring solutions that enable their employees to submit expenses by using opt such as SMS or Microsoft Teams. Which technology will help your organization achieve this? (Choose the best Answer.)
- A. Blockchain
- B. IOT
- C. digital Assistant
- D. Adaptive Intelligence
Answer: C
Explanation:
Digital Assistant is the technology that will help your organization achieve the solution of enabling their employees to submit expenses by using opt such as SMS or Microsoft Teams. Digital Assistant is a conversational interface that allows users to interact with various applications and services through natural language. Users can use Digital Assistant to create and submit expense reports, attach receipts, review approvals, and check reimbursements using their preferred channels, such as SMS, Microsoft Teams, Slack, or Facebook Messenger2. Reference: Oracle Financials Business Process Certified Foundations Associate Rel 1
NEW QUESTION # 23
Which three can be captured on an Invoice Header while recording a supplier invoice in the Payables application? (Choose three.)
- A. distribution combination
- B. supplier details
- C. invoice amount
- D. invoice number
- E. integration details with other applications
Answer: B,C,D
Explanation:
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. Reference: Oracle Financials Business Process Certified Foundations Associate Rel 1
NEW QUESTION # 24
Which step is not part of the dispute management process?
- A. Initiating refund
- B. Receiving dispute cases
- C. Credit memo creation and approval
- D. Receipt application
Answer: D
Explanation:
The step that is not part of the dispute management process is receipt application, which is a process that involves applying customer payments to invoices or other transactions. Receipt application is not part of the dispute management process, but rather part of the Invoice to Cash process, which involves billing customers and collecting payments for goods or services. Initiating refund, receiving dispute cases, and credit memo creation and approval are steps that are part of the dispute management process, which is a process that involves resolving customer disputes over invoices or other transactions. Initiating refund is a step that involves issuing a refund to the customer for the disputed amount. Receiving dispute cases is a step that involves creating and tracking dispute cases for each customer dispute. Credit memo creation and approval is a step that involves creating and approving credit memos for the disputed transactions. Reference: Oracle Receivables Cloud User Guide, Oracle Receivables Cloud User Guide, Oracle Receivables Cloud User Guide, Oracle Receivables Cloud User Guide
NEW QUESTION # 25
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. Invoice to Cash
- B. Procure to Pay
- C. Asset to Retirement
- D. Budget to Report
Answer: B
Explanation:
Procure to Pay is a business process that covers the steps from requesting, ordering, receiving, and paying for goods or services. It involves requisitions, purchase orders, invoices, payments, and supplier management2. It is the recommended process for recording requisitions, buying goods or services, and managing supplier invoices and payments. Reference: Oracle Financials Business Process Certified Foundations Associate Rel 1
NEW QUESTION # 26
Which three attributes can be used as selection criteria when submitting a payment process request? (Choose three.)
- A. Payment Terms
- B. Pay Groups
- C. Invoice Type
- D. Pay Through Date
- E. Supplier Type
Answer: B,C,D
Explanation:
These are three attributes that can be used as selection criteria when submitting a payment process request. A payment process request is a request to pay one or more invoices or other payments within a single payment batch. You can use various attributes to filter and select the invoices or payments that you want to include in the payment process request2. Some of these attributes are:
Invoice Type: This attribute allows you to select invoices based on their type, such as standard, credit memo, debit memo, prepayment, or interest.
Pay Through Date: This attribute allows you to select invoices based on their due date or discount date. Only invoices that are due or eligible for discount on or before the pay through date are selected.
Pay Groups: This attribute allows you to select invoices based on their pay group, which is a grouping of invoices that share common payment attributes, such as payment method, payment priority, or payment terms. Reference: Oracle Financials Business Process Certified Foundations Associate Rel 1
NEW QUESTION # 27
Company want to desgin layout based on business requirement for Oracle Cloud Financial ERP.
Identify which Oracle tool is will suit this need
- A. Golden Gate
- B. BI Publisher
- C. OTBI
- D. Spreadsheat
Answer: B
Explanation:
The Oracle tool that will suit the need of designing layout based on business requirement for Oracle Cloud Financial ERP is BI Publisher, which is a reporting tool that allows users to create and customize reports using various data sources and output formats. BI Publisher provides a graphical user interface for designing layout templates, as well as a set of predefined templates that can be modified according to the business requirement. OTBI, Golden Gate, and Spreadsheet are not Oracle tools that will suit the need of designing layout based on business requirement for Oracle Cloud Financial ERP, but rather tools that have different purposes and functionalities. OTBI is a business intelligence tool that allows users to create and analyze ad hoc reports and dashboards using real-time transactional data. Golden Gate is a data integration tool that allows users to replicate and synchronize data across heterogeneous databases and platforms. Spreadsheet is a generic term for an application that allows users to create and manipulate data in tabular form. Reference: Oracle Business Intelligence Publisher User's Guide, Oracle Transactional Business Intelligence Enterprise for Financials Cloud Service User Guide, Oracle GoldenGate Documentation Library
NEW QUESTION # 28
Which Absence-related data can an employee access apart from being able to add an absence and review existing absences?
- A. Balance Adjustment Requests
- B. Plan Balances
- C. Absence Calculation Rules
- D. Absence Processing Rules
Answer: B
Explanation:
Employees can access their plan balances from the Absence Balance page, which shows the current balance and projected balance for each absence plan they are enrolled in1. Absence calculation rules and absence processing rules are not visible to employees, but only to administrators2. Balance adjustment requests are not a type of absence-related data, but a type of action that employees can perform to request changes to their plan balances3. Reference: Oracle Absence Management Cloud User Guide, Oracle Absence Management Cloud Implementation Guide, Oracle Global Human Resources Cloud User Guide
NEW QUESTION # 29
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