Oracle 1Z0-549 Online Practice Questions and Exam Preparation

Oracle 1Z0-549 Online Questions & Answers

• Question 41:

  Your client is using Multi-Currency.: What designates an invoice as Foreign?

  A. The revenue account you assign to the-invoice designates it as foreign.
  B. The currency field contains the same value as the Base field.
  C. The currency field contains a different value from the Base field.
  D. An exchange rate exists on the invoice.
  E. The Currency field is foreign.
  D. An exchange rate exists on the invoice.

• Question 42:

  Which two statements are TRUE about Interactive Versions?

  A. An Interactive Version is always attached to an Interactive Application.
  B. An Interactive Version can contain Data Selection and Data Sequence set up.
  C. An Interactive Version is a version of an Interactive Application with Its own source code.
  D. An Interactive Version is an object that needs to be checked in for further deployment.
  E. An Interactive Version Is used to hold the Processing Options values for an Interactive Application.
  A. An Interactive Version is always attached to an Interactive Application.
  D. An Interactive Version is an object that needs to be checked in for further deployment.

• Question 43:

  You have created a Deduction record. What occurs in the system when you post the batch?

  A. The system creates an R5 document for the amount of the deduction and generates an unposted batch type of DB.
  B. The system creates an R5 document for the amount of the deduction and generates an unposted batch type of I.
  C. The open amount of the invoice is reduced by amount of the deduction, and the system assigns a pay status of H to the invoice.
  D. The system creates an R5 document for the amount of the deduction and generates an unposted batch type of RB.
  E. The system creates records in the Deduction Management table.
  C. The open amount of the invoice is reduced by amount of the deduction, and the system assigns a pay status of H to the invoice.

• Question 44:

  You have created a Deduction record. What occurs in the system when you enter a deduction?

  A. The system creates an R5 document for the amount of the deduction and generates an unposted batch type of IB.
  B. The system creates an R5 document for the amount of the deduction and generates an unposted batch type of D.
  C. The open amount of the invoice is reduced by the amount of the deduction and the system assigns a pay status of H to the invoice.
  D. The system creates an R5 document for the amount of the deduction and generates an unposted batch type of RB.
  E. The system creates an R5 document for the amount of the deduction and stores it in the deduction Management Table F03B40.
  C. The open amount of the invoice is reduced by the amount of the deduction and the system assigns a pay status of H to the invoice.

• Question 45:

  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 46:

  Which of the following is NOT an element of Asset Depreciation?

  A. Net Book Value
  B. Time Value of money
  C. Salvage value of money
  D. Time
  A. Net Book Value

• Question 47:

  You are m a System Integration meeting and the client is concerned about the different type of records that are kept In the Business Unit Master table (F0006). Which types of records are NOT kept in the Business Unit Master table?

  A. Property Master table for Property Management
  B. 3ob Master table for Job Cost
  C. Property Master table for Energy Chemical systems
  D. Master table for financial reporting
  E. Asset Master table for Fixed Assets
  E. Asset Master table for Fixed Assets

• Question 48:

  You ran the application A/R Statistical History Update program (R03B16A). Which table does the system use to display information on the Account Statistical Summary Form?

  A. F03B11
  B. F03B21
  C. F03B15
  D. F03B16
  E. F03B16S
  E. F03B16S

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  download.oracle.com/docs/cd/E13781_01/jded/.../e190ABE-B0908.pdf

• Question 49:

  A client uses multiple banks' accounts in their Accounts Payable System. The client wants the correct bank account number to be supplied by the system when they enter vouchers. What is the best choice to accomplish this function?

  A. Set up bank account information to override PB.
  B. Set up G/L offset in the Supplier Master and set up PCyyyy only.
  C. Set up G/L offset in the Supplier Master and set up PByyyy and Pcyyyy.
  D. Set up 6/L offset in the Supplier Master and set up PByyyy only.
  E. Set up G/L offset hi Supplier Billing and set up PByyyy and PCyyyy.
  C. Set up G/L offset in the Supplier Master and set up PByyyy and Pcyyyy.

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  download.oracle.com/docs/cd/B28729_01/jded/acrobat/b7331ceaap.pdf

• Question 50:

  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.

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  download.oracle.com/docs/cd/B28728_01/jded/acrobat/xeeacn.pdf