Free Download 1z0-342 Examp Dump: Oracle.1z0-342.PracticeTest.2019-01-31.44q.vcex

Question 1

How should you implement credit checking at the parent level?

Set customer master “Billing Information related address number” to P- Parent number.
Set customer master “Send Invoice to” Information to P- Parent.
Set address book “Related Address number” to P- Parent.
Set customer master “Billing information credit check” to P- Parent.

Correct answer: D

Explanation:

Reference: https://www.jdelist.com/w3tfiles/64349-Credit%20Checking%20and%20Order%20Holds.pdf

Question 2

Which two statements are true regarding the address book audit log feature? (Choose two.)

You can set it up to record new records only.
You can set it up to record new records that have been entered and changes to existing records.
You can set it up to record changes to existing records.
It is a user preference.
You can set it up to record deleted records only.

Correct answer: BC

Explanation:

Reference: https://docs.oracle.com/cd/E16582_01/doc.91/e15078/set_up_addr_book_system.htm#EOAAB00035

Question 3

Which three statements are accurate when entering the GL Distribution account coding on an invoice with taxes? (Choose three.)

If the account is not set up as taxable and you enter a 1 in the Track Taxes field, the system automatically changes the value to 0.
The system updates the F0016R tax table with tax information for the account if the Track Taxes field is populated.
The system automatically updates the Track Taxes field to 1 if the account is set up as taxable and at least one pay item on the invoice has taxes.
If you do not want to track taxes for the account, change the value in the Track Taxes field to 0.
The Track Taxes field cannot be edited unless the Processing Option – Allow Tax Tracking is flagged on.

Correct answer: ACD

Explanation:

Reference: https://docs.oracle.com/cd/E16582_01/doc.91/e15153/taxinfo_on_order_transactns.htm#EOATP00198

Question 4

As part of month-end closure, you run Accounts Payable integrity reports to validate the accuracy of your data.

Which integrity report compares the Gross Amount and the Open Amount in the Accounts Payable Ledger (F0411) to the Paid Amount in the Accounts Payable Matching Document Detail (F0414)?

AP to GL Integrity with Adjustments Report (R04711)
AP Payments to Voucher Integrity Report (R04713)
AP to GL Integrity by Batch Report (R04701)
AP Payments to GL by Batch Report (R04702A)
AP Payments to GL Integrity Report (R04712)

Correct answer: C

Question 5

You are going through the month-end close process. When you are posting, you receive a PACO message.

What condition caused this message?

entering a G/L date that is in a prior fiscal year
entering a G/L date that is in the next period.
entering a G/L date that is at least two periods in the future
entering a G/L date prior to the current period
entering a G/L date that is not the last day of the month

Correct answer: C

Question 6

Your client does not want their A/P department to pay duplicate supplier invoices.

Which action will prevent users from entering duplicate invoice numbers?

Change the Duplicate Invoice Number Edit field on the A/P Constants (P0000) form to issue a warning if a user enters a duplicate invoice number.
Change the Duplicate Invoice number edit field on the A/P Constants (P0000) form to disallow duplicate invoice numbers.
Change the processing option for the standard Voucher entry program (P0411) to disallow duplicate invoice numbers.
Change the processing option for the Standard Voucher Entry (P0411) form to add a check digit to the invoice number.

Correct answer: A

Explanation:

Reference: http://www.mlbig.com/prevent-duplicate-payments-in-ap

Question 7

Which option shows the correct steps for processing automatic payments?

Create payment groups, Copy bank tape file, Work with payment group, and Void payments and vouchers
Create payment groups, Work with payment group, Copy bank tape file, and Void payments and vouchers
Create payment groups, Copy bank tape file, and Void payments and vouchers
Create payment groups, Void payments and vouchers, Work with payment group, and Copy bank tape file

Correct answer: A

Explanation:

Reference: http://learn-jde.com/understanding-automatic-payment-processes/

Question 8

Your client has been receiving error messages when attempting to create cash type rules for forecasting.

What are the two causes for this error? (Choose two.)

The Node Currency field was left blank; this field must be populated.
The client has not updated the status of the rule; only cash type rules with an active status are used to forecast data.
Your client was trying to create a rule for a crash type they created in UDC 09/CT with the number 10 populated in the Special Handling code field.
The client has populated the weight factor field with a value greater than 1. The default value is 1, but the field cannot contain a value greater than 1.
The client was trying to create a rule for a JD Edwards default cash type heading code labeled Outgoing Cash.

Correct answer: DE

Question 9

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?

Similar to directly entering budgets into the system, the budgets balances can be found in the BREQ, BAPR, and BORG fields depending on the processing options set for the journal entry program.
Journalized budgets are located in the Budget Requested field (BREQ).
Journalized budgets are located in the Budget Approved field (BARP).
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.
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.
Journalized budgets only update the Budget Final field (BORG).

Correct answer: D

Explanation:

Reference: https://docs.oracle.com/cd/E16582_01/doc.91/e15112/createbudgets.htm#EOAGA01088

Question 10

Your client has posted a fixed asset journal entry to the G/L but is getting errors when trying to post the entry to fixed assets.

Which two statements correctly indicate reasons for the entry not getting posted? (Choose two.)

The entry has a fixed asset post code of P.
The entry has a hold code of blank.
The entry has a GL post code of P.
The entry contains accounts within the FX range of AAIs.
The entry does not contain an asset number.

Correct answer: AE

Explanation:

Reference: https://docs.oracle.com/cd/E16582_01/doc.91/e15107/proc_gl_to_fixed_assets.htm#EOAFA00276

Exam	JD Edwards EnterpriseOne Financial Management 9.2 Implementation Essentials
Number	1z0-342
File Name	Oracle.1z0-342.PracticeTest.2019-01-31.44q.vcex
Size	382 KB
Posted	Jan 31, 2019
Download	Oracle.1z0-342.PracticeTest.2019-01-31.44q.vcex

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