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Oracle 1Z0-342 Exam Dumps

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Description

Exam Name: JD Edwards EnterpriseOne Financial Management 9.2 Implementation Essentials
Exam Code: 1Z0-342
Related Certification(s): Oracle JD Edwards EnterpriseOne Certification
Certification Provider: Oracle
Actual Exam Duration: 120 Minutes
Number of 1Z0-342 practice questions in our database: 160
Expected 1Z0-342 Exam Topics, as suggested by Oracle :

  • Module 1: Describe the OneView Financial Statement Process/ Describe the OneView Supplier Ledger and Payment Inquiry
  • Module 2: Explain import and export functionality in OVFS/ Create Composite Application Framework content
  • Module 3: Analyze Accounts Payable reports and Integrity reports/ Approve and post AP transactions to the General Ledger (GL)
  • Module 4: Describe the OneView Customer Ledger and Receipts inquiry/ Describe the AP Business Process/ Describe the GL Business Process
  • Module 5: Process General Ledger Entries for Fixed Assets/ Describe program navigation/ Process Vouchers and Voucher Match
  • Module 6: Describe the OneView General Ledger and Account Balance inquiry/ Describe configuration components for Accounts Payable
  • Module 7: Describe configuration components for Accounts Receivable/ Analyze General Accounting inquires and reports
  • Module 8: Post AR transactions to the General Ledger/ Describe configuration components for General Ledger
  • Module 9: Process Transfer Assets to New Locations/ Review and maintain tax information/ Perform an automatic Voucher Match
  • Module 10: Utilize the AR Credit and Collections Process/ Analyze the Accounts Receivable Inquiry and Reports

Q1. How can you alert the credit manager when an account is over Its credit limit?

A.Set up a Watchlist containing customers who have exceeded their credit limits.

B. Set up a Watchlist containing customers and their credit limits.

C. Set up a Watchlist containing approved customer credit limits.

D. Set up a Watchlist to send email notification to customers who have exceeded their credit limits.

Correct Answer: B

Q2. You were asked to assist a Technical developer who is modifying a standard online inquiry In EnterprtseOne. The developer wants to understand how the Cumulative Prior Year End balance is calculated. Which statement is TRUE of the Cumulative Prior Year End balances for Income Statement accounts when you view online?

A.The Cumulative Prior Year End balances shows posted and non-posted balances for the prior year end.

B. The Cumulative Prior Year End balances show the same type of balances that the balance sheet does.

C. The Cumulative Prior Year End balances include the Net Posting amounts for the prior year end.

D. The Cumulative Prior Year End balances do not include the Net Posting amount for the prior year end.

E. The Cumulative Prior Year End balances include the Net Posting amounts for only domestic entries for the prior year end.

Correct Answer: C

Q3. Which field should you set up In the Supplier Master to prevent new vouchers from being entered for this vendor?

A.Hold Voucher

B. Credit Message

C. Hold Order Code

D. Payment Creation

E. Hold Payment

Correct Answer: C

Q4. Your client has decided to use journal entries to create budgets in the system. After journaling the budgets, they have found the records in the F0911 table but cannot locate the balance in the F0902 table. Where are the balance records contained in the F0902?

A.Similar to directly entering budgets into the system, the budget balances can be found in the BREQ, BAPR, and BORG fields depending on the processing options set for the Journal entry program.

B. Journalized budgets are located In the Budget Requested field (BREQ).

C. Journalized budgets are located in the Budget Approved field (BAPR).

D. Budget entries created from a journal entry do not update BREQ, BAPR, or BORG. They update the Net Posting fields for the appropriate periods In the F0902 table.

E. Budgets entries created from a journal entry do not update the Account Balance (F0902) table; you must utilize the Account Ledger (F0911) to review and report on budgets.

F. Journalized budgets only update the Budget Final field (BORG).

Correct Answer: D

Q5. For which set of fields can you control changes or additions on Payee control?

A.Payee Number in the Accounts Payable Ledger table. Alpha Name in the Address Book Master table, and Bank Account Number in the Bank Master Transit table

B. Alpha Name in the Address Book - Who's Who table. Payee Number in the Accounts Payable Ledger table, Bank Account Number in the Bank Master Transit table, and Amount in the Accounts Payable Ledger table

C. Alpha Name in the Address Book Master table, Bank Account Number in the Bank Master Transit table, and Amount in the Accounts Payable Ledger table

D. Alpha Name in the Address Book - Who's Who table, Payee Number in the Accounts Payable Ledger table, and Alpha Name in the Address Book Master table

Correct Answer: C

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