Question No. 1

Your client needs to make changes to vouchers. Which four actions can be performed with Speed Status Change?

ASplit a voucher for payment to different payees.

BChange the bank account on existing vouchers.

CIncrease the discount amount on a group of vouchers.

DChange a group of vouchers to allow payment by electronic funds transfer.

ERelease a group of vouchers m preparation for payment.

Show Answer

Correct Answer: A, B, D, E

download.oracle.com/docs/cd/B31039_02/jded/.../e1_812aff-b_0406.pdf

Question No. 2

Which two elements when used in asset master search program return desired Fixed Assets?

ADepreciation Account

BCategory Code

CResponsible Business Unit

DParent Number

Show Answer

Correct Answer: C

Question No. 3

Which three statements related to the Journal Entry Reversal Control functionality are TRUE?

AEnter a journal entry reversal the last day of the previously closed period.

BEnter a journal entry reversal the first day of the next period.

CEnter a journal entry reversal the last day of the next period.

DA reversal journal will cause duplicate journal entries.

EJournal Entry Reversal functionality is commonly used for entering accrual journal entries

Show Answer

Correct Answer: B, C, E

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

Question No. 4

When you try to delete an Invoice, the system displays error 0415: "Delete Invalid for this Voucher/Invoice".

What is the reason for this?

AThe invoice is linked to a sales order and, therefore, cannot be deleted.

BThe Invoice is paid and, therefore, cannot be deleted.

CThe invoice was not posted and, therefore, cannot be deleted.

DThe Customer is on credit hold and, therefore, cannot be deleted.

EThe processing options for Invoice Entry Master Business Function (P03B0011) are set to disallow deletion of invoices.

Show Answer

Correct Answer: C

Question No. 5

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

AConsultants should advise customers to use the fast path.

BThe fast path is used to access applications

CUsers cannot specify a specific version of an application via the fast path.

DReports can be submitted by entering the report number in the fast path.

ESecurity does not work when the fast path is used.

Show Answer

Correct Answer: B

http://www.google.com/url?sa=t&source=web&cd=1&sqi=2&ved=0CBUQFjAA&url=http%3A%2F%2Fcitydocs.fcgov.com%2F%3Fcmd%3Dconvert%26vid%3D10%26docid%3D1022426%26dt%3DRFP&ei=QbBDTrXlC8XNswaZ_Pm6Bw&usg=AFQjCNFCD_XA7rbNwfwtlXVQ9vylmXEerA

Free Oracle 1Z0-342 Exam Actual Questions

The questions for 1Z0-342 were last updated On Dec 16, 2024