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  2. Oracle Certification
  3. 1z0-1107-2 Exam
  4. Oracle.1z0-1107-2.v2024-03-18.q30 Dumps
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Question 26

Your organization wants the capability for employees to copy information into their current time card. What options do they have for copying a time card?

Correct Answer: B
The option that employees have for copying a time card is copy other time card, which allows them to copy time entries from another time card that they have access to. Employees can use this option to copy time entries from their own previous time cards or from other workers' time cards if they have been granted the appropriate privileges. Copy same period from last month, copy same period from previous year, and copy previous time card are not options that employees have for copying a time card, but rather features that may be available in other systems or applications. Reference: Oracle Time and Labor Cloud User Guide
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Question 27

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

Correct Answer: B
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
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Question 28

Which three attributes can be used as selection criteria when submitting a payment process request? (Choose three.)

Correct Answer: C,D,E
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
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Question 29

Your organization has decided to apply late charges against overdue customer transactions as well as delayed payments. Your manager has requested you to evaluate the various methods that can be used to calculate late charges. Which three are valid options for calculating late charges? (Choose three.)

Correct Answer: B,C,E
These are three valid options for calculating late charges for overdue customer transactions and delayed payments. Late charges are fees that are applied to customers who fail to pay their invoices on time or make partial payments. You can calculate late charges based on various methods, such as overdue transactions only, late payments only, overdue transactions and late payments, or balance forward billing1. Reference: Oracle Financials Business Process Certified Foundations Associate Rel 1
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Question 30

Which two statements are true about creating case folders within the Customer Statement to Collections business process? (Choose two.)

Correct Answer: C,D
These are two true statements about creating case folders within the Customer Statement to Collections business process. A case folder is a collection of billing transactions that are related to a specific issue or dispute with a customer. You can create case folders to track and resolve issues that prevent customers from paying their invoices on time. You can also assign case owners, statuses, and priorities to each case folder1. Some facts about creating case folders are:
Billing transactions can belong to multiple case folders, which means that a single invoice can be part of more than one issue or dispute.
Billing transactions can be of multiple currencies, which means that you can include invoices with different currencies in the same case folder.
Billing transactions must belong to the same bill-to customer, which means that you cannot mix invoices from different customers in the same case folder.
Billing transactions must be of the same currency conversion type, which means that you cannot mix invoices with different conversion methods, such as corporate or spot rate, in the same case folder. Reference: Oracle Financials Business Process Certified Foundations Associate Rel 1
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