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 Thank you for your visit.

Expense Report Audit Selection Rules are the configuration that will help you achieve the deployment of automatic controls to spot unusual or inappropriate expenses based on audit percentage, policy violations, specific keywords, and individuals with specific status. Expense Report Audit Selection Rules are rules that determine which expense reports are selected for audit based on various criteria, such as audit percentage, policy violations, specific keywords, and individuals with specific status. You can define different audit selection rules for different expense templates and types1. Reference: Oracle Financials Business Process Certified Foundations Associate Rel 1

The Unreconciled infolet displays data for the last 45 days by default. The Unreconciled infolet is an infolet that shows the unreconciled bank statement lines and system transactions for your bank accounts. You can use it to monitor and reconcile your cash transactions with your bank statements. You can also change the number of days for which data appears on this infolet by using the filter option1. Reference: Oracle Financials Business Process Certified Foundations Associate Rel 1

This is the recommended order of steps that needs to be followed to complete your configuration of the Balance Forward Billing feature. Balance Forward Billing is a feature that enables you to consolidate multiple invoices into a single bill and send it to your customers at regular intervals, such as monthly or quarterly. To configure Balance Forward Billing, you need to perform the following steps1: Define BFB Billing Cycle: This step involves creating a billing cycle name, description, and frequency for generating balance forward bills. Define BFB Payment Terms: This step involves creating payment terms that specify the due date and discount date for balance forward bills. Enable BFB in the Customer Profile: This step involves enabling the Balance Forward Billing option in the customer profile class or customer account level. Attach BFB Payment Terms to Customer: This step involves assigning the balance forward payment terms to the customer account or site level. Reference: Oracle Financials Business Process Certified Foundations Associate Rel 1

Oracle Hyperion Financial Management Consolidation is a comprehensive, web-based application that delivers global financial consolidation, reporting and analysis in a single, highly scalable software solution. It supports multiple currencies, intercompany eliminations, minority interest calculations, ownership management, and statutory and management reporting1. It is suitable for consolidating the financial balances of the Germany entity with the parent entity in the USA, as they have different chart of accounts and calendar. Reference: Oracle Financials Business Process Foundations Associate Rel 2

These are four true statements about creating assets from Payable Invoice lines by using the Create

Mass Additions process. The Create Mass Additions process is a process that enables you to create

assets from invoice lines in Oracle Payables and import them into Oracle Assets. To use this process,

the following conditions must be met1:

The Payable Invoice must be validated and accounted, which means that the invoice has passed the

validation rules and has been assigned accounting entries.

The Invoice Lines must be charged to an Asset Account, which is an account that is mapped to an

asset category in Oracle Assets.

The “Track as Asset” check box must be selected for the invoice distribution lines, which indicates

that the invoice lines are eligible for asset creation.

The Payable Invoice must be transferred to General Ledger, which means that the accounting entries

for the invoice have been posted to the ledger and are available for reporting. Reference: Oracle

Financials Business Process Certified Foundations Associate Rel 1

These are three predefined sources that you can choose to create the Cash Positioning report by

using the system transactions. The Cash Positioning report is a report that shows your cash inflows

and outflows for a given period and bank account. You can use various sources to populate the report

with system transactions, such as AR Invoices, AP Invoices, AP Payments, AR Receipts, GL Journals, or

Cash Forecasting1. Reference: Oracle Financials Business Process Certified Foundations Associate Rel

1

These are two types of depreciation ceiling that you can use to restrict the amount of depreciation

that should be charged to your luxury car in a particular period. Depreciation Cost Ceiling is a limit on

the total depreciation amount that can be charged over the life of an asset. Depreciation Expense

Ceiling is a limit on the depreciation amount that can be charged in a single period for an

asset1. Reference: Oracle Financials Business Process Certified Foundations Associate Rel 1

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. Reference: Oracle Financials Business Process Certified Foundations Associate Rel 1

These are two true statements about Oracle Expenses Cloud integration with travel partners. Oracle

Expenses Cloud supports direct integration only with TripActions, which is a travel management

platform that offers personalized travel options, rewards, and insights. TripActions users can

seamlessly sync their travel bookings and receipts with Oracle Expenses Cloud for faster expense

reporting3. Oracle Expenses Cloud also supports integration with other partners through Rest APIs,

which are web services that allow communication between different systems using standard

protocols. Rest APIs enable Oracle Expenses Cloud to exchange data with other travel partners or

third-party applications4. Reference: Oracle Financials Business Process Foundations Associate Rel

2, Oracle Expenses Cloud REST API Reference