Oracle 1z1-342 Value Pack (Frequently Bought Together)

Which three fields can be used when setting up the revenue recognition trigger hierarchy for A/R Invoices?

• A. Object Account
• B. Customer
• C. Customer Country
• D. Document Type
• E. Line Type

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

Your client split several assets purchased in a prior year using the Asset Split program. After Inquiring into the account ledger table (F0911), the client couldn't find any entries in the month the assets were split.
Why did this happen?

• A. The system creates journal entries on the last day of the prior year with a document type AS for assets that existed in a prior year.
• B. When entering an asset split you are required to enter a G/L date: the period when the entries are created and posted. The system is configured to automatically post entries. The client has been erroneously searching for an unposted batch.
• C. For assets split in the current year, the GL date for the period that the split takes place is used. If no entries exist in the period, the client most likely cancelled out of the application before creating the split.
• D. The system does not create journal entries for asset splits because it is a net zero transaction; the balances remain the same, only additional asset numbers are created.

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

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 include the Net Posting amounts 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 do not include the Net Posting amount for the prior year end.
• D. The Cumulative Prior Year End balances shows posted and non-posted balances 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.