Oracle 1Z0-522 Online Practice Questions and Exam Preparation

Oracle 1Z0-522 Online Questions & Answers

• Question 51:

  Your client submitted the Annual Close application to close their fiscal year. When you dose a fiscal year, which AAI Items does the system use?

  A. 6LG4 retained earnings and GLGxx all GL accounts
  B. GLG4 retained earnings, GLG12 ending profit and loss, and GLG7 year-end close account
  C. GLG4 retained earnings, GLG12 ending profit and loss, and the ICCC Inter-company account
  D. GLG4 retained earnings and FSxx interim subtotals
  E. GLG4 retained earnings, GLG6 beginning revenue account and GLG12 ending profit and loss
  E. GLG4 retained earnings, GLG6 beginning revenue account and GLG12 ending profit and loss

• Question 52:

  The JD Edwards Enterprise One Financials Data Relationships available in release 9.0 will simplify master data entry and increase the accuracy of master data attributes, which in turn will Increase reporting accuracy.

  What are two applications/tables supported by Data Relationships?

  A. Company Master
  B. Business Unit Master
  C. Job Cost Master
  D. Accounts Payable Master
  B. Business Unit Master
  C. Job Cost Master

• Question 53:

  Your client ran the "Companies in Balance" [R097001] integrity report and requires assistance in interpreting the report.

  What process do the Companies in Balance integrity perform?

  A. deletes batch header records with no detail records
  B. lists all companies and if an amount appears In a column, the company is out of balance
  C. locates batches posted out of balance
  D. ensures that the intercompany is In balance
  E. updates the batch status of a batch header record to D If the detail records in the Accounts Receivable Ledger, Accounts Payable Ledger, and Account Ledger batches are posted, but the header record has an unposted status
  B. lists all companies and if an amount appears In a column, the company is out of balance

• Question 54:

  Which three of the following pieces of information can be captured in the Address Book?

  A. Outstanding amount for customers
  B. Default Document Type
  C. A/R A/P Netting Default
  D. Tax ID
  E. Subledger Inactive Code
  C. A/R A/P Netting Default
  D. Tax ID
  E. Subledger Inactive Code

• Question 55:

  What two ways can a user access the submitted jobs?

  A. by entering 'BV' in the fastpath of a Web Client and selecting a form exit
  B. by typing 'Jobs' in the fastpath of a Web Client D C) by selecting Submitted Jobs from the menu
  C. by taking a form exit from the Address Book
  D. by selecting 'My System Profile' from the menu
  A. by entering 'BV' in the fastpath of a Web Client and selecting a form exit
  D. by selecting 'My System Profile' from the menu

• Question 56:

  When you know a draft is paid, the draft is closed. On a draft, what does the pay status # indicate?

  A. The draft has been accepted.
  B. The draft is on hold.
  C. The draft has been closed.
  D. The draft has been selected for payment.
  E. The draft is approved.
  A. The draft has been accepted.

• Question 57:

  Which of the following statements is TRUE about the fast path?

  A. Consultants should advise customers to use the fast path.
  B. The fast path is used to access applications
  C. Users cannot specify a specific version of an application via the fast path.
  D. Reports can be submitted by entering the report number in the fast path.
  E. Security does not work when the fast path is used.
  B. The fast path is used to access applications

• Question 58:

  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 59:

  A special rebate payment has to be issued to a customer that doesn't have a Supplier Master. How do you accomplish this without creating multiple Address Book numbers?

  A. Change the customer's search type In the Address Book to indicate that this is a supplier.
  B. Set up the Supplier Master record with the same Address Book number as the Customer Master record.
  C. Enable the AR/AP Netting Indicator for the customer in the Address Book master record.
  D. Enter the customer number In the Factor/Special Payee field.
  E. Enter a valid 1099 code In Category Code 7 in the Address Book Record,
  B. Set up the Supplier Master record with the same Address Book number as the Customer Master record.

• Question 60:

  Your client would like view Periodic Stats by customer. Which screen do you use to select Periodic Information from Row Menu?

  A. Standard Receipt Entry
  B. Account Balance Inquiry
  C. Speed Status Change
  D. Customer Master Information
  E. Account Statistic History
  D. Customer Master Information