Oracle 1Z0-342 Online Practice Questions and Exam Preparation

Oracle 1Z0-342 Online Questions & Answers

• Question 91:

  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?

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

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  Explanation/Reference:

  Reference: https://docs.oracle.com/cd/E16582_01/doc.91/e15107/proc_gl_to_fixed_assets.htm#EOAF A00276

• Question 92:

  While analyzing the transaction history for a supplier, you review the vouchered year to date amount In the Supplier Master record. Which of the following options describes the currency in which the system displays this amount?

  A. The currency in which the vouchers were paid.
  B. The currency defined In the A/B Amount Code field of the Supplier Master.
  C. The domestic currency of the company where the vouchers were entered.
  D. The currency associated with Company 00000.
  E. The currency defined In the Default Code field of the Supplier Master.
  B. The currency defined In the A/B Amount Code field of the Supplier Master.

• Question 93:

  Your customer wants an account balance-based allocation setup, with the source of selection being at the business unit master.

  What are the steps to implement this?

  A. Define Index Computations To business Unit Object Range, and Rate Factor > Run Index Computation Compute and Print > Set Data selection > Set Processing Option
  B. Define Index Computations From and To business Unit Object Range, and Rate Factor > Run Index Computation Compute and Print > Set Processing Option
  C. Define Index Computations From and To business > Run Index Computation Compute and Print > Set Data selection
  D. Define Index Computations From and To business Unit Object Range, and Rate Factor > Run Index Computation Compute and Print > Set Data selection > Set Processing Option
  B. Define Index Computations From and To business Unit Object Range, and Rate Factor > Run Index Computation Compute and Print > Set Processing Option

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  Explanation/Reference:

  Reference:

  https://docs.oracle.com/cd/E15156_01/e1apps90pbr0/eng/psbooks/1aga/chapter.htm?File =1aga/htm/1aga16.htm

• Question 94:

  You can enter journal entries that automatically reverse in the following accounting period. Which two possible G/L dates could the system assign to the reversing entry?

  A. The last day of the current accounting period
  B. The last day of the first week of the next accounting period
  C. The last day of the next accounting period
  D. The 15th day of the next accounting period
  E. The first day of the next accounting period
  C. The last day of the next accounting period
  E. The first day of the next accounting period

• Question 95:

  Your client wishes to run Calculate Withholdings Report In preparation for the payment process. For the Calculate Withholding program to select a voucher, what must the voucher's pay status be?

  A. A
  B. %
  C. W
  D. H
  E. #
  B. %

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  Explanation/Reference:

  www.oracleimg.com/us/media1/057392.pdf

• Question 96:

  Identify three differences between mobile and standard applications.

  A. Using the Invoice Batch Approvals mobile applications, you can review batches of Invoice entries and the transaction details in each invoice. You cannot revise existing invoice details or add invoices to a batch.
  B. Using the Invoice Batch Approvals mobile applications, you do not have visibility to review or edit text and image attachments associated with Invoice entries.
  C. The Invoice Batch Approvals mobile applications are set up to process and display only those invoice batches that are in pending status.
  D. Using the Invoice Batch Approvals mobile applications, you can review text and Image attachments associated with invoice entries. You cannot revise existing attachments or add new attachments.
  E. The Invoice Batch Approvals mobile applications are set up to process and display only those Invoice batches that are In approved status.
  A. Using the Invoice Batch Approvals mobile applications, you can review batches of Invoice entries and the transaction details in each invoice. You cannot revise existing invoice details or add invoices to a batch.
  D. Using the Invoice Batch Approvals mobile applications, you can review text and Image attachments associated with invoice entries. You cannot revise existing attachments or add new attachments.
  E. The Invoice Batch Approvals mobile applications are set up to process and display only those Invoice batches that are In approved status.

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  Explanation/Reference:

  Reference: https://docs.oracle.com/cd/E64610_01/EOAMO/fms_invoice_batch_apprvl.htm#EOAMO16

• Question 97:

  The repost program R099102, Is used to re-create balances based upon the F0911 transactions. The batch does which two of the following in update mode?

  A. deletes the F0902 records, based upon the data selection and recreates these records with balances based upon the F0911-transaction
  B. sets the period involved to zero and recalculates the balance for this period
  C. prints a report that shows the period amount of an account in the F0911 versus the F0902
  D. sets the periods 1 to 14 to zero and recalculates the balances for these periods based upon the F0911-transactions
  E. includes posted and non-posted transactions of the general ledger F0911
  A. deletes the F0902 records, based upon the data selection and recreates these records with balances based upon the F0911-transaction
  C. prints a report that shows the period amount of an account in the F0911 versus the F0902

• Question 98:

  Which program must be run to create sales Invoices in the Accounts Receivable system?

  A. the Invoice Print program (R03B305)
  B. the Sales Update program (R42800)
  C. the Invoice Generation program (R48121)
  D. the Invoice Journal program (R03B305)
  B. the Sales Update program (R42800)

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  Explanation/Reference:

  Reference: http://learn-jde.com/understanding-sales-order-invoices/

• Question 99:

  Your client is going through a data cleansing exercise. They are trying to delete account records In the Account Master table that will not be needed in the future. You encountered records that cannot be deleted. Which tables contain records that cause the Inability to delete the desired accounts?

  A. F0902, F0901 and F0010
  B. F0911, F0901, and F0006
  C. F0911 and F0902
  D. F0911, F0902, and F0006
  E. F0911, F0902, and F090
  C. F0911 and F0902

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  Explanation/Reference:

  download.oracle.com/docs/cd/B28731_01/jded/.../fm89eei0309.pdf

• Question 100:

  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
  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

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  Explanation/Reference:

  Reference: https://docs.oracle.com/cd/E59116_01/doc.94/e58746/ch_over_payee_cntrl.htm#WEAAP8