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Oracle Exam 1z0-1107-2 Topic 1 Question 25 Discussion

Actual exam question for Oracle's 1z0-1107-2 exam
Question #: 25
Topic #: 1
[All 1z0-1107-2 Questions]

Robert works as an Asset Accountant for Glenn Systems and tracks the transactions that require attention by using the Additions infotile in the Assets work are

a. Which three statuses can he track by using this infotile? (Choose three.)

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Suggested Answer: B

Lockbox is the method that your organization can implement to automate the entry of cash receipts by using a method where the customer goes and deposits the money directly into your bank account for the due invoices and the banker provides a data file to you. Lockbox is a service provided by banks that allows customers to deposit their payments directly into your bank account without sending them to you. The bank sends you a data file with the details of the payments and the invoices that they apply to.You can import this data file into Oracle Receivables and create receipts automatically1.Reference:Oracle Financials Business Process Certified Foundations Associate Rel 1


by Kris at Jul 12, 2024, 04:26 PM

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Javier
11 days ago
Definitely B, D, and E. Those are the key statuses I need to track for asset additions.
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Susana
24 days ago
I'm not sure about Merged. I think it's more about combining assets rather than needing attention.
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Amie
25 days ago
I agree with Maybelle. Those statuses are the ones that usually require attention in asset accounting.
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Maybelle
26 days ago
I think Robert can track Exceptions, Incomplete, and Ready to Post statuses.
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