New 1Z0-342 Oracle Study Guide V8.02 | Killtest

2. The safer , easier way to help you pass any IT exams. 1.Which three steps are performed in the Match Tape File To Recon File program (R09510) in order to reconcile the transactions? A. marking as reconciled all transactions with matching document numbers and amounts, and cleared dates greater than the document date in the F0911R workfile and F09ii table B. printing four reports that show the results of the comparison and list any errors that occurred during the automatic reconciliation C. converting data from the F095051 flat file to the F09505 workfile D. comparing cleared transactions from the bank tape in the F09505 to unreconciled transactions in the F0911R reconciliation workfile E. copying the unreconciled transaction detail for all reconcilable accounts from the F0911 table to the F0911R reconciliation workfile Answer: ACE 2.Which three statements are true regarding the Customer Account Overview mobile application? A. You may add Promise messages/comments for specific customers from your local device which automatically update the EnterpriseOne system. B. To ensure that your mobile applications are searching for and returning the correct data, you must verify that the Search Type processing option on the Defaults tab of the Customer Master program (PO3013) Is set with the correct search type. The mobile applications will return only those address book numbers that use the search type defined in this processing option. C. You may add customer contact information to your local device. D. The Customer Account Overview Is only available on IOS devices and Is not compatible with Android devices. E. Not all customer Information available in the base software Is available In the mobile applications. Answer: ABC 3.Your client decided to upload budgets to the system using a spreadsheet and reviewed the upload by using the Upload/Conversion Revisions program and confirmed that the upload was successful. Upon reviewing the F0902 table for budget data, the client does not find any data for the accounts uploaded. What caused the problem? A. The client failed to run the upload/conversion program. B. The client failed to purge last year's transactions before running the upload/conversion program. C. The spreadsheet uploaded contained subledgers. Budgeting at the subledger level is not supported In 3D Edwards. D. Some of the spreadsheet rows uploaded only contained account numbers but no amounts so the upload failed. Answer: A 4.Your client created a journal entry to add cost for some fixed asset records, but Is having trouble finding the batch in fixed assets in order to post the G/L entry to Fixed Assets. With no access to the system, which two items should your client verify? A. The accounts used on the journal entry are within the FX range of accounts in the AAIs. B. The accounts used on the Journal entry are within the FD range of accounts In the AAIs. C. The journal entry included an asset number. 1 / 12

3. The safer , easier way to help you pass any IT exams. D. The entry was posted to the G/L (the G/L posted code is equal to P). E. The accounts used on the journal entry are within the AT range of accounts in the AAIs, Answer: A 5.Which three rules apply when setting up Invoice Document Type Codes in UDC table 00/DT? A. Some document types are hard-coded. B. Both Invoice and receipt document types are set up In UDC 00/DT. C. The special handling code must be populated for all document types. D. All document types are soft-coded. E. All document types are hard-coded. F. Invoice document types that are set up In UDC OO/DT should also be set up In UDC 00/DT Answer: CDF 6.Your client is attempting to track taxes for certain voucher pay Items; however, the tax information details for the accounts are not being created. Which two items will you have your client correct? A. The client is updating the Track Taxes field on the voucher GL Distribution to a value of 2. B. The client is populating the taxable amount field when manually creating vouchers, to track taxes. The gross amount field should be populated to allow the system to calculate and track the taxes. C. The client is using tax explanation codes ST and VT that are only valid for invoices and not vouchers. D. The client is reviewing information in the F0018R table; allocated tax amounts from the F0911 reside in the F0911 table. E. The general ledger accounts Input on the GL Distribution form are not set up as taxable. Answer: AC 7.Which field or fields make up the unique key(s) that link the Receipt Header table (F03B13) to the Receipt Detail (F03BI4) table? A. G/L Date (DGJ), Receipt Number (CKNU) and Company (CO) B. Receipt Number (CKNU) C. Payment ID (PYID) D. Payment ID (PYID) and Receipt Number (CKNU) E. Receipt Number (CKNU) and Address Number (AN8) Answer: A 8.Which two steps must be completed In order to use the Debit/Credit Reconciliation feature? A. Specify whether debits and credits are required to balance In the Manual Reconciliation (P09131) program. B. Specify a tolerance amount greater than 10% by which debit and credit transactions can be out of balance in the Manual Reconciliation (P09131) program. C. Set the Reconciliation Type processing option to 1. Matching Debit Credit Reconciliation for the Manual Reconciliation (P09131) program. D. Set up the Financial AAI GLRD Answer: BD 2 / 12

4. The safer , easier way to help you pass any IT exams. 9.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) Answer: A 10.Although the Automation Rule (ARTL) field is not a required field when populating the F0411z1 table, why does Oracle recommend populating it? A. If a value exists in the field, the process does not need to check the voucher record for an automation rule increasing the processing speed. B. If a value exists in the field, the process does not need to check the receiver file for an automation rule increasing the processing speed. C. If the Automation Rule (ARTL) field is not populated, the Automation Flag (ATFLG) field is not enabled. D. If a value exists in the field, the process does not need to check the supplier master record for an automation rule increasing the processing speed. Answer: D 11.What should you do to change the method of allocation for an existing recurring journal entry from amount to percent? A. Change the recurring frequency of the allocation journal. B. Change the method on the remaining number of recurring journals. C. Delete the recurring journal and add a new one. D. Create different versions of the Recurring JE Compute & Print program. Answer: A 12.Your client defined an organization report structure assigning category codes to business units for online consolidations. They have run the Organization Structure Build program in proof mode and the report displays the business units that are dynamically created as a concatenation of category codes. Your client is concerned because they have the processing options set to dynamically create business units using next numbering. After troubleshooting the problem, what message will you relay to your client? A. The Pseudo Consolidation Company processing option in the Organization Structure Build program was left blank. This processing option points the system to the correct next number by company sequence. B. In proof mode, any business units that are dynamically created appear on the report as a concatenation of category codes, regardless of the setting of the BU Creation processing options. C. The check box for concatenating category codes for new business units was flagged on in the Organization Structure Definition program (P0050B) for the structure defined by the client. This setting is overriding the processing option in the Organization Structure Build program. D. The Sequence fields that define where child business units appear under the parent were left blank when the organization structure was defined. These fields must be defined for the Organization Structure Build program to function as designed. Answer: D 3 / 12

5. The safer , easier way to help you pass any IT exams. 13.How should you implement credit checking at the parent level? A. Set customer master "Billing Information related address number" to P-Parent number B. Set customer master "Send invoice to" Information to P- Parent. C. Set address book 'Related Address number" to P- Parent. D. Set customer master "Billing Information credit check" to P- Parent. Answer: C 14.Which two statements are true regarding the address book audit log feature? A. You can set it up to record new records only. B. You can set it up to record new records that have been entered and changes to existing records. C. You can set it up to record changes to existing records. D. It is a user preference. E. You can set it up to record deleted records only. Answer: AE 15.Which three statements are accurate when entering the GL Distribution account coding on an invoice with taxes? A. 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. B. The system updates the F0016R tax table with tax information for the account if the Track Taxes field is populated. C. 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. D. If you do not want to track taxes for the account, change the value in the Track Taxes field to 0. E. The Track Taxes field cannot be edited unless the Processing Option - Allow Tax Tracking Is flagged on. Answer: ABC 16.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)? A. AP to GL Integrity with Adjustments Report (R04711) B. AP Payments to Voucher Integrity Report (R04713) C. AP to GL Integrity by Batch Report (R04701) D. AP Payments to GL by Batch Report (R04702A) O E) AP Payments to GL Integrity Report (R04712) Answer: D 17.You are going through the month-end close process. When you are posting, you receive a PACO message. What condition caused this message? A. entering a G/L date that is in a prior fiscal year B. entering a G/L date that Is In the next period 4 / 12

6. The safer , easier way to help you pass any IT exams. C. entering a G/L date that is at least two periods in the future D. entering a G/L date prior to the current period E. entering a G/L date that is not the last day of the month Answer: E 18.Your client does not want their A/P department to pay duplicate supplier Invoices. Which action will prevent users from entering duplicate Invoice numbers? A. 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. B. Change the Duplicate Invoice number edit field on the A/P Constants (P0000) form to disallow duplicate invoice numbers. C. Change the processing option for the standard Voucher entry program (P0411) to disallow duplicate invoice numbers. D. Change the processing option for the Standard Voucher Entry (P0411) form to add a check digit to the invoice number. Answer: C 19.Which option shows the correct steps for processing automatic payments? A. Create payment groups. Copy bank tape file. Work with payment group, and Void payments and vouchers B. Create payment groups. Work with payment group, Copy bank tape file, and Void payments and vouchers C. Create payment groups. Copy bank tape file, and Void payments and vouchers D. Create payment groups, Void payments and vouchers. Work with payment group, and Copy bank tape file Answer: D 20.Your client has been receiving error messages when attempting to create cash type rules for forecasting. What are the two causes for this error? A. The Node Currency field was left blank; this field must be populated. B. The client has not updated the status of the rule; only cash type rules with an active status are used to forecast data. C. Your client was trying to create a rule for a cash type they created in UDC 09/CT with the number 10 populated in the Special Handling code field. D. 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. E. The client was trying to create a rule for a JD Edwards default cash type heading code labeled Outgoing Cash. Answer: CE 21.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? 5 / 12

7. The safer , easier way to help you pass any IT exams. A. Similar to directly entering budgets into the system, the budget balances can be found in the BREQ, BAPR, and BORG fields depending on the processing options set for the Journal entry program. B. Journalized budgets are located In the Budget Requested field (BREQ). C. Journalized budgets are located in the Budget Approved field (BAPR). D. 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. E. 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. F. Journalized budgets only update the Budget Final field (BORG). Answer: D 22.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. Answer: AD 23.Your client recently moves their corporate office to a foreign country. The company, as of the New Year, is required to provide fixed asset depreciation in a different currency. How should you set this up? A. Add a new depreciation formula. B. Add a G/L account in the new currency. C. Add a depreciation book for the new currency. D. Run reports in the new currency. Answer: A 24.Which Automatic Accounting Instruction (AAI) hierarchy determines the GL Bank Account when you add a new voucher? A. 1- PByyyy (where yyyy is the voucher GL offset) for the voucher transaction company 2- PByyyy (where yyyy is the voucher GL offset) for company 00000 3- PB for the voucher transaction company 4- PB for company 00000 B. 1- PByyyy (where yyyy is the voucher GL offset) for the voucher transaction company 2- PByyyy (where yyyy is the voucher GL offset) for company 00000 3- PBxxx (where xxx is the voucher currency code) for the voucher transaction company 4- PBxxx (where xxx is the voucher currency code) for company 00000 5- PB for the voucher transaction company 6- PB for company 00000 C. 1- PBxxx (where xxx is the voucher currency code) for the voucher transaction company 2- PBxxx (where xxx Is the voucher currency code) for company 00000 6 / 12

8. The safer , easier way to help you pass any IT exams. 3- PByyyy (where yyyy is the voucher GL offset) for the voucher transaction company 4- PByyyy (where yyyy is the voucher GL offset) for company 00000 5- PB for the voucher transaction company 6- PB for company 00000 D. 1- PBxxx (where xxx Is the voucher currency code) for the voucher transaction company 2- PBxxx (where xxx is the voucher currency code) for company 00000 3- PB for the voucher transaction company 4- PB for company 00000 Answer: D 25.From which three tables does the One View Customer Receipt/Draft Inquiry application (P03B720) combine information? A. Customer Receipt Detail table (F03B14), Customer Receipt Header table (F03B13), and Account Master table (F0901) B. Customer Receipt Detail table (F03B14), Customer Receipt Header table (F03B13), and Customer Master table (F03012) C. Customer Receipt Detail table (F03B14), Customer Receipt Header table (F03B13), and Business Unit Master (F0006) D. Customer Receipt Detail table (F03B14), Customer Receipt Header table (F03B13), and Customer Ledger table (F03B11) Answer: A 26.Your client has had some data Integrity Issues between the F1202 and F0902 tables. The Issues have been Isolated and were caused by a staff member directly updating the asset balances table. Your client confirmed the F1202 balances are correct and is asking for instruction on correcting the F0902 balances. Select the option that will resolve your client's problem. A. Create and post a negative journal entry to the G/L to correct the F0902 balances and then post the entry to fixed assets. B. Create and post a journal entry to the G/L to correct the F0902 balances and then post the entry to fixed assets. Then void and post the journal entry to the G/L and revise the hold or pass code on the void journal entry to permanently prevent It from posting to fixed assets. C. Create and post a journal entry to the G/L to correct the F0902 balances and then revise the hold or pass code on the journal entry to permanently prevent it from posting to fixed assets. D. Directly update the F1202 balances with negative amounts to correct the errors. E. Use a common data file utility program to update the F0902 balances. Answer: C 27.Your client wants the system to automatically create journal entries for Intercompany settlements. Knowing that your client will use multicurrency processing, what two intercompany settlement values are available to your client? A. 1: Hub Method B. 2: Detail Method C.3: Configured Hub Method D. N: The system does not post a batch If It contains Intercompany settlements. 7 / 12

9. The safer , easier way to help you pass any IT exams. E. *: The system posts a batch even if it contains intercompany settlements. Answer: B 28.When you post a payment, the system updates records In the Accounts Payable and General Ledger tables. Which three statements are correct? A. When posting a payment, the system updates the Posted Code to P in the Payment Header table (F0413) and the Payment Detail table (F0414). B. When posting a payment, the system updates the Posted Code to D in the Payment Header table (F0413) and the Payment Detail table (F0414). C. When posting a payment, the system updates the Account Balance table (F0902) based on the F09ii records. D. When posting a payment, the system writes an Automatic Entry record and updates the Posted Code to P for the existing payment record in the Account Ledger table (F0911). E. When posting a payment, the system writes a posted Payment record and an Automatic Entry record to the Account Ledger table (F0911). F. When posting a payment, the system updates the Account Balance table (F0902) based on the F0413 and F0414 records. Answer: AEF 29.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. Answer: BCD 30.A new accountant at your client processed the Mass Asset Disposal program (R12104) for two assets by selecting only the AA ledger. When reviewing the disposal batch, the accountant discovered that there were duplicate entries created for the asset disposals. What caused the duplicate entries? A. Out of the two assets that were disposed, each had quantities of 2, therefore two sets of entries were created for each asset. B. The assets were already disposed and, therefore, the disposal program created one set of entries to reverse the original disposal and one set of entries to dispose the assets. C. The asset numbers were included twice in the data selection for the Mass Asset Disposal program 8 / 12

10. The safer , easier way to help you pass any IT exams. (R12104). D. The AA ledger in multiple ledger type fields was populated from the processing options within the Mass Asset Disposal program (R12104). Answer: D 31.Your client used the Mass Asset Disposal program to dispose of several assets belonging to the same company. They used the simple disposal method but the business unit for the net book value account contained in the journal entry was different for almost every asset they disposed. Which statement explains why this occurred? A. The Mass Asset Disposal program selects the NBV account by company from the Disposal Account Rules and the business unit from the FX range of AAIs based on the cost account of the individual assets. B. The Mass Asset Disposal program uses a combination of the Disposal Account Rules by company for the NBV account and the Location Business Unit field on the asset master record for the business unit. C. The Disposal Account Rule for NBV did not contain a business unit value. D. The Disposal Account Rules for the company were setup with multiple business units for the NBV account. Answer: C 32.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 Answer: C 33.What three statements are true about the Address Book Self Service program? A. It allows external users to update their user profile Information. B. It allows external users to update their company Tax identification number. C. It allows external users to update their company Global Location Number (GLN). D. It allows external users to update their company calendar. E. It allows external users to update mailing address information for the address book record for their company. Answer: BCE 34.Where should you specify the currency code for delinquency fees? A. based on general accounting constants Multi-Currency Conversion setting B. in the Customer Master using the AB amount currency C. in the customer's invoice D. in the processing options of the Generate Delinquency Fee Program; by company or customer or 9 / 12

11. The safer , easier way to help you pass any IT exams. invoice Answer: D 35.Which three options are available if a component already exists in the target environment, when you import a statement definition? A. creating duplicates B. renaming duplicates C. skipping existing components D. replacing all components E. prompting for each existing component Answer: ACD 36.What three AAIs can be set up for revenue recognition? A. 4225 DMAAI B. RT AAI C. RP AAI D. RQ AAI E. 4243 DMAAI Answer: ABD 37.Your client wants to delete several fixed asset records created in error and feel they have taken the necessary steps to remove any existing transactions from the asset records. Which three options offer reasons for your client to delete the asset records? A. Transactions had been posted to the fixed assets Asset Account Balances File table (F1202). Adjusting entries were then created and posted to the Asset Account Balances File table (F1202) making balance amounts zero for the selected assets. B. Transactions that have been posted to the Account Balances table (F0902) are voided for the selected assets. C. Transactions that have not been posted to the Account Balances table (F0902) are deleted for the selected assets. D. Assets had associated amounts In Beginning Balance Setup. Asset amounts were then deleted in Beginning Balance Setup for the selected assets. Answer: ABD 38.When you try to reprint a customer's Invoice for finance charges, the Print Invoice (R03B505) PDF displays error message 'No Data Selected". Which data selection needs to be removed in order for the Print Invoice (R03B505) UBE to reprint this customer's Invoice for finance charges? A. Company Number (F03B11) equal to xxx (where xxx is the Company Number on the invoice) B. Open Amount (F03B11) equal to greater than zero C. Document Type (F03B11) equal to RF D. Address Number (F03B11) equal to xxx (where xxx is the Customer Number Address Book Number on the invoice) E. Date- Invoice Printed (F03B11) equal to Null Date 10 / 12

12. The safer , easier way to help you pass any IT exams. Answer: ABC 39.You notice that some customer Invoices have a 1 In the Revisions Made field. Which three statements are correct about the Revisions Made field? A. This field is in the F03B11 table and labeled A/R Post Status (ISTR). B. The system updates the Revisions Made field to 1 for the first revision, and then updates the field sequentially by 1 for each additional revision made to an invoice. C. When you change the gross amount of a posted Invoice or void an Invoice, the system stores the revision information in the Invoice Revisions table (F03B112). D. To review how an invoice was revised, use Revisions Audit. Answer: D 40.Which set of tables does the One View Supplier Ledger Inquiry application (P042022) combine information from? A. Accounts Payable Ledger (f0411), Supplier Master (F0401), and Address Book (F0101) B. Accounts Payable Ledger (f0411), Supplier Master (F0401), and Business Unit Master (F0006) C. Accounts Payable Ledger (F0411), Supplier Master (F0401), and Account Master (F0901) D. Accounts Payable Ledger (F0411), Supplier Master (F0401), and Accounts Payable - Matching Document (F0413) Answer: C 41.When you enter a foreign voucher with VAT tax using the Standard Voucher Entry application, the system triggers error 0960: VAT not allowed with Currency Code. What setting is required to allow this type of transaction to be entered? A. The Company must be set up to allow VAT tax on foreign vouchers. B. The Tax Rate/Area must be set up to allow VAT tax on foreign vouchers. C. The Standard Voucher Entry application processing option needs to be flagged to allow foreign transactions with VAT tax. D. The Voucher Master Business Function processing option needs to be flagged to allow foreign transactions with VAT tax. E. The Tax Rules by Company must be set up to allow VAT tax on foreign vouchers. Answer: A 42.What three conditions must exist In order for one to use the Composite Application Framework? A. You should have access to the content in the layout. B. You should have access to Object Management Workbench (OMW). C. You should have the permission to publish content. D. You should be enabled to view the layout of the Composite Application Framework. E. Your Enterprise One preferences should have the Show Layout option selected. Answer: CDE 43.Which three fields can be used when setting up the revenue recognition trigger hierarchy for A/R Invoices? A. Document Type 11 / 12

13. The safer , easier way to help you pass any IT exams. B. Object Account C. Customer D. Customer Country E. Line Type Answer: ABD 44.After reviewing the Ledger Type Rules Setup, your client has requested that you help them change their AA ledger to allow direct balance updates. This will save them time during month-end close. Which item will you relay to your client? A. You may deselect the Prevent Direct Balance Update check box for the AA ledger; however, similar to the creation of a one-sided journal entry, allowing direct balance updates to the AA ledger should be used with extreme caution and restricted to only senior levels of the organization. B. The Prevent Direct Balance Update check box must be selected for the AA ledger. C. Amount and corresponding unit ledgers must both be updated or error messages will be displayed; for example, if allowing direct balance updates for the AA ledger you must also allow direct balance updates to the AU ledger. D. Instead of changing the Ledger Type Setup, simply navigate to the budget programs, change the ledger type from BA to AA and make necessary updates. This will eliminate the need to continually update the Prevent Direct Balance Update check box. E. Once initially set, the Prevent Direct Balance Update check box cannot be changed for any ledger type. Answer: CDE 45.Your client submitted the Annual Close application to close their fiscal year. When you close a fiscal year, which AAI Items does the system use? A. GLG4 retained earnings and GLGxx for all GL accounts B. GLG4 retained earnings, GLG6 beginning revenue account, and GLG12 ending profit and loss C. GLG4 retained earnings, GLG12 ending profit and loss, and GLG7 year-end close account D. GLG4 retained earnings and FSxx Interim subtotals E. GLG4 retained earnings, GLG12 ending profit and loss, and the ICCC intercompany account Answer: C 12 / 12