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Oracle 1z0-342 Dumps Questions Answers

Exam Code: 1z0-342
Exam Name: JD Edwards EnterpriseOne Financial Management 9.2 Implementation Essentials
Last Update: Jul 23, 2024
160 Questions Answers with Explanation Detail
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Format: PDF + Testing Engine
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Oracle 1z0-342 Exam Dumps FAQs

  • System Setup and Configuration: This domain covers the foundational knowledge required to configure JD Edwards EnterpriseOne Financial Management solutions. Topics include setting up companies, fiscal date patterns, and accounts. Understanding this area is crucial for creating a tailored financial system that meets specific business requirements.
  • General Ledger: Focuses on the capabilities and setup of the General Ledger module. Key topics include chart of accounts setup, ledger types, and batch processing. Mastery of this domain enables professionals to effectively manage financial data and ensure accurate financial reporting.
  • Accounts Payable and Receivable: This domain encompasses the functionalities related to managing payables and receivables. It includes vendor and customer setup, invoice processing, and payment processing. Skills in this area are vital for managing cash flow and maintaining healthy financial operations.
  • Fixed Assets: Covers the lifecycle management of fixed assets from acquisition through disposal. Topics include asset setup, depreciation methods, and asset maintenance. Knowledge in this domain helps organizations track their assets efficiently and comply with accounting standards.
  • Expense Management: Focuses on managing employee expenses including expense entry, approval processes, and reimbursement. Understanding expense management practices is key for controlling costs and ensuring policy compliance across an organization.
  • Financial Reporting: Addresses the creation and distribution of financial reports using JD Edwards tools. Topics include report design, real-time reporting, and security considerations. Proficiency in this domain ensures that stakeholders have access to critical financial insights for decision-making.
This structured approach outlines the main areas assessed in the Oracle JD Edwards Financial Management 1z0-342 exam, highlighting essential skills within each domain necessary for implementing JD Edwards EnterpriseOne Financial Management solutions effectively.

The ideal candidate for the Oracle 1z0-342 JD Edwards EnterpriseOne Financial Management 9.2 Implementation Essentials exam is a professional with experience in financial management systems, specifically those who have been working with or aim to specialize in JD Edwards EnterpriseOne software. These individuals often have roles such as Financial Consultants, Application Consultants, and ERP Analysts, or they might be involved in IT management within organizations that deploy JD Edwards solutions.

This certification is particularly beneficial for professionals seeking to validate their skills and knowledge in implementing, managing, and configuring JD Edwards EnterpriseOne Financial Management solutions. It serves as a benchmark for employers looking for experts capable of optimizing financial processes and integrating new financial management strategies within an organization.

  • Relevant Job Roles: Financial Consultants, ERP Analysts, Application Consultants, IT Managers.
  • Industry Segments: Finance, Manufacturing, Distribution, Service industries.
  • Desired Knowledge and Skills: Proficiency in JDE Financial Management software, understanding of financial processes and regulations, ability to configure and customize JDE solutions according to business needs.
  • Experience Level: Mid-level professionals with practical experience in financial systems or recent graduates aiming to specialize in JDE Financial Management.

Taking this exam validates the competence of professionals in leveraging JD Edwards EnterpriseOne Financial Management 9.2 tools effectively. It ensures that certified individuals are equipped with the latest skills required to support financial operations efficiently and contribute significantly to their organizations' success.

Oracle 1z0-342 Exam Format and Duration

Oracle 1z0-342 JD Edwards EnterpriseOne Financial Management 9.2 Implementation Essentials Exam Format and Duration

  • Exam Name: Oracle JD Edwards EnterpriseOne Financial Management 9.2 Implementation Essentials
  • Exam Code: 1z0-342
  • Type of Questions: Multiple Choice
  • Number of Questions: Approximately 60 to 70 questions (Exact number may vary)
  • Total Exam Duration: 120 minutes (2 hours)
  • Passing Score: Varies by test form. Oracle does not publicly disclose the exact passing score.
  • Languages: English

Note: Oracle reserves the right to update exam formats and question counts without prior notice. Candidates are advised to check the official Oracle Certification website for the most current information before scheduling their exam.

To sit for the Oracle 1z0-342 JD Edwards EnterpriseOne Financial Management 9.2 Implementation Essentials exam, candidates must meet specific prerequisites set by Oracle. While direct prerequisites may not always be explicitly stated, it's crucial for candidates to have a solid foundation in the relevant areas to ensure success. The recommended prerequisites include:

  • A strong understanding of JD Edwards EnterpriseOne Financial Management solutions.
  • Hands-on experience with JD Edwards EnterpriseOne or equivalent training.
  • Familiarity with general finance and accounting principles.

No prior certifications are explicitly required, but having certifications in related fields can be beneficial. Additionally, Oracle offers various training courses that can help prepare candidates for the exam and are highly recommended.

The retake policy for the Oracle 1z0-342 JD Edwards EnterpriseOne Financial Management 9.2 Implementation Essentials exam is designed to give candidates multiple opportunities to pass while maintaining the integrity of the certification process. Here are the key points:

  • First Retake: If you do not pass the exam on your first attempt, you must wait at least 14 days before retaking it.
  • Subsequent Attempts: After the second attempt, a 14-day waiting period is also applied for any further attempts.
  • Limitation on Attempts: There is no explicit limit on the number of times you can retake the exam. However, each attempt requires payment of the associated exam fee.
  • Associated Costs: Each retake of the exam incurs the same cost as the initial attempt. It's advisable to check Oracle's official website or contact them directly for current pricing details.

This policy ensures that candidates have ample opportunity to prepare and reattempt the exam while preventing any potential misuse of the testing process.

The 1z0-342 JD Edwards EnterpriseOne Financial Management 9.2 Implementation Essentials certification is valid indefinitely. Once you successfully pass the exam and earn the certification, it does not expire and there are no renewal requirements to maintain its validity. This means that certified individuals do not need to retake the exam or complete continuing education credits to keep their certification active.

  1. Successfully pass the 1z0-342 JD Edwards Financial Management certification exam.
  2. Receive certification with no expiration date, meaning it remains valid indefinitely.

No renewal process is required for this certification, allowing holders to maintain their credential without additional steps or requirements.

Best Study Materials for 1z0-342 JD Edwards EnterpriseOne Financial Management 9.2 Implementation Essentials

To excel in the Oracle 1z0-342 certification exam, utilizing resources from Examstrack is highly recommended. Their comprehensive materials are tailored to empower students with the knowledge needed to succeed.

  • PDF Study Guides: Examstrack offers detailed study guides in PDF format, making it easy to study on-the-go. These guides cover all exam topics systematically and are perfect for grasping the core concepts of JD Edwards EnterpriseOne Financial Management 9.2.
  • Testing Engine: The testing engine provided by Examstrack simulates the actual exam environment, offering a realistic practice experience. It helps in familiarizing with the exam pattern, managing time effectively during the test, and understanding question formats.
  • Practice Question Banks: Examstrack's question banks are an invaluable resource for candidates looking to test their knowledge and improve their problem-solving speed. With questions designed to mirror those found on the actual exam, students can gauge their preparation level accurately.

The combination of these resources from Examstrack ensures a well-rounded preparation strategy. By leveraging the PDF study guides for comprehensive learning, the testing engine for practical exam simulation, and practice question banks for reinforcement of knowledge, candidates significantly boost their chances of passing the 1z0-342 JD Edwards EnterpriseOne Financial Management 9.2 Implementation Essentials exam.

The optimal study time for the 1z0-342 JD Edwards EnterpriseOne Financial Management 9.2 Implementation Essentials exam significantly depends on your prior knowledge, study pace, and how thoroughly you wish to grasp the material. Generally, individuals with a strong foundation in JD Edwards solutions might require less preparation time compared to those new to this domain.

As a guideline:

  • If you have extensive experience working with JD Edwards EnterpriseOne Financial Management solutions, dedicating 60-80 hours of focused study could be sufficient.
  • For those with moderate experience or familiarity, increasing this range to 100-120 hours allows for a deeper understanding and practice.
  • Individuals starting from scratch or with minimal exposure might benefit from allocating 150-200 hours to cover all concepts comprehensively and accommodate a slower paced learning.

It's crucial to tailor your study schedule based on personal learning needs and pace. The complexity of the exam and your background plays a significant role in determining the exact preparation time. Adjusting your study plan according to your grasp of the material ensures not just memorization but also a solid understanding of the concepts necessary for successful implementation.

ExamTrack offers several benefits for candidates preparing for the 1z0-342 JD Edwards EnterpriseOne Financial Management 9.2 Implementation Essentials exam:

  • Structured Learning Material: The platform provides well-organized study materials that cover all necessary topics, ensuring comprehensive preparation.
  • Efficient Time Management: With organized content, candidates can better manage their study time, focusing on weaker areas while reinforcing their strengths.
  • Clear Learning Objectives: Each section of the study material has clear objectives, helping candidates focus on key concepts and understand what is required to pass the exam.
  • Inclusive Practice Tests: Multiple choice questions and answers are designed to mimic the actual exam format, providing realistic practice that boosts confidence.
  • Free Demos: Free demos allow candidates to preview the quality of the material before committing, ensuring it meets their preparation needs.
  • Promised Success: With a commitment to success in Oracle 1z0-342 certification exams, ExamTrack's materials are tailored to help candidates pass on their first attempt.

How to Enroll in the Oracle 1z0-342 Exam Course:

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  4. Click on the "Add to cart" button corresponding to your desired package: Testing Engine (only), PDF (only), or PDF + Testing Engine.
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1z0-342 Overview

Exam Attribute Value
Exam Code 1z0-342
Exam Name JD Edwards EnterpriseOne Financial Management 9.2 Implementation Essentials
Description This exam assesses your understanding of JD Edwards EnterpriseOne navigation, setting up components for accounts payable, receivable, and general ledger, managing fixed assets, and implementing financial statement reporting.
Exam Structure Value
Number of Questions 80
Question Format Multiple Choice
Duration 120 minutes
Passing Score 65%

1z0-342 Q&A's Detail

Exam Code:
Total Questions:
160 Q&A's
Single Choice Questions:
102 Q&A's
Multiple Choice Questions:
58 Q&A's

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