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Updated: Jul 16, 2026

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Oracle Financials Business Process Foundations Associate Rel 2 Sample Questions:

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

A) Billing transactions must be of the same currency.
B) Billing transactions can belong to multiple case folders.
C) Billing transactions must belong to the same bill-to customer.
D) Billing transactions can be of multiple currencies.


2. Easy Solutions INC has operations in the USA, UK, and Germany. USA is the parent entity and it has two subsidiary entities in UK and Germany. USA and UK entities are sharing the same chart of accounts and calendar, whereas the Germany entity has a different chart of ac-count and calendar due to some statutory requirements. Which consolidation method would you recommend to consolidate the financials balances of the Germany entity with the parent entity in the USA? (Choose the best Answer.)

A) Calculation Manager Consolidation
B) Balance Transfer Consolidation
C) Reporting only Consolidation
D) Oracle Hyperion Financial Management Consolidation


3. Your organization has recently made changes to one of the accounting rules to comply with the new accounting requirement. In which mode will you generate the accounting to verify that the changes made to the rule are producing the desired accounting entries before generating the final accounting? (Choose the best Answer.)

A) Temporary
B) Provisional
C) Draft
D) Interim


4. Easy Solutions INC has decided to set up a meals expense policy and you have been given the responsibility to define the policy. Identify the correct sequence of steps that should be per-formed to define the meals expense policy? (Choose the best Answer.)

A) Setting up a Meals Policy > Setting up Policy Violations > Completing the Meals Rate Spreadsheet > Associating the Meals Expense Policy with an Expense Type
B) Setting up Policy Violations > Setting up a Meals Policy > Completing the Meals Rate Spreadsheet > Associating the Meals Expense Policy with an Expense Type
C) Completing the Meals Rate Spreadsheet > Setting up Policy Violations > Setting up a Meals Policy > Associating the Meals Expense Policy with an Expendim Type
D) Associating the Meals Expense Policy with an Expense Type > Setting up Policy Violations > Setting up a Meals Policy > Associating the Meals Expense Policy with an Expense Type


5. Which three Cash Management infolets do you find in the Analytics section of the home page? (Choose three.)

A) Missing Statements
B) Cash Balance
C) Project Interest Amount
D) External Transactions
E) Unreconciled


Solutions:

Question # 1
Answer: B,D
Question # 2
Answer: D
Question # 3
Answer: C
Question # 4
Answer: A
Question # 5
Answer: A,B,E

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