Oracle 1Z0-522 Online Practice Questions and Exam Preparation

Oracle 1Z0-522 Online Questions & Answers

• Question 61:

  Your client decided to use the standard delivered financial reports Instead of creating a report using the Report Design Aid (RDA) tool. Which statement is TRUE regarding standard Financial Reports?

  A. You are not allowed to change the processing option values at run time.
  B. You can add additional processing option tabs without creating a new processing option template.
  C. You are not allowed to change the data selection.
  D. All standard financial reports can be produced in CSV format.
  E. You are not allowed to change the data sequence.
  D. All standard financial reports can be produced in CSV format.

• Question 62:

  For a customer of a company there is a relation between the region of the customer and the sales manager for this region. How can this request be implemented in JDEdwards?

  A. Use the address book category codes.
  B. Use category codes in the Accounts receivable Master F03012.
  C. Use category codes in the address book and set up category code data relationships.
  D. Use category codes in the Accounts Receivable Ledger F03B11.
  A. Use the address book category codes.

• Question 63:

  When the business unit, job or project is flagged as adjustment only, the following is true:

  A. You are not allowed to post transactions to this business unit.
  B. You can post only specific document types to this business unit.
  C. You have to specify a subledger in a transaction for this business unit.
  D. You are allowed to post budget transaction only to this business unit
  B. You can post only specific document types to this business unit.

• Question 64:

  Your client requires that their A/P department not pay duplicate supplier Invoices. Which action will prevent users from entering duplicate invoice numbers?

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

• Question 65:

  Your client needs assistance in setting up allocations for the company. When you review allocation journal entries, the allocations review displays only batches with the batch type_____; if you make changes to the batch, the system updates the_____; and_____; tables.

  A. A, Batch Control, Account Ledger
  B. A, Account Ledger, Account Balance,
  C. G Account Ledger, Account Balance
  D. D, Batch Control, Account Ledger
  E. D, Account Ledger, Account Balance
  D. D, Batch Control, Account Ledger

• Question 66:

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

  What condition would cause this message?

  A. Entering a G/L date prior to the current period.
  B. Entering a G/L date that is in the next period.
  C. Entering a G/L date that is in a prior fiscal year.
  D. Entering a G/L date that is at least two periods in the future.
  E. Entering a G/L date that is not the last day of the month.
  D. Entering a G/L date that is at least two periods in the future.

• Question 67:

  Which three are elements of Asset Depreciation?

  A. Liability on Balance Sheet
  B. Salvage Value
  C. Net Historical Value
  D. Accumulated Depreciation
  E. Cost Basis
  B. Salvage Value
  D. Accumulated Depreciation
  E. Cost Basis

• Question 68:

  A client wants 'Use Tax' to post to a separate account by tax rate area. Which of the following is the best way to set this up?

  A. Set the automatic accounting instruction PT to post to a BU. OBJ. Then set up the chart of accounts with BU.081 SUB, where the SUB Is equal to the tax authority.
  B. Set up the tax rate area to point to PTyyyy and setup the PYyyyv to point to different accounts by tax rate area.
  C. Set the automatic accounting instruction PT to post to a BU. OBJ. Then setup the chart of accounts with BU.OB3. SUB, where the SUB is equal to the tax rate area.
  D. Set up automatic accounting instructions PTyyyy, where yyyy is equal to the tax rate area.
  E. Instruct the Account Payable user to enter the distribution to different accounts based on the tax rate area.
  B. Set up the tax rate area to point to PTyyyy and setup the PYyyyv to point to different accounts by tax rate area.

• Question 69:

  Your client is requesting that an error message be created when trying to void those Vouchers with Purchase Orders. Select two programs that would be controlled by processing options to disallow void of vouchers created with Purchase Orders.

  A. Supplier Payment Inquiry
  B. Supplier Master Information
  C. Supplier Ledger Inquiry
  D. Speed Voucher Entry
  E. Standard Voucher Entry
  C. Supplier Ledger Inquiry
  E. Standard Voucher Entry

• Question 70:

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