Free Oracle 1z0-342 Practice Exam with Questions & Answers

Name: How to Pass 1z0-342 Exams
Brand: Examstrack
SKU: 1z0-342
Price: 42 USD
Availability: InStock

Questions 1

Which two statements are true regarding the address book audit log feature?

Options:

You can set it up to record new records only.

You can set it up to record new records that have been entered and changes to existing records.

You can set it up to record changes to existing records.

It is a user preference.

You can set it up to record deleted records only.

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Questions 2

Which two observations are true about the AutoSuggest function?

Options:

it cannot be turned off

it is a user preference

it is a system wide function

it can be turned on per application

It can be turned off via a Form Exit

Questions 3

Which three rules apply when setting up Invoice Document Type Codes in UDC table 00/DT?

Options:

Some document types are hard-coded.

Both Invoice and receipt document types are set up In UDC 00/DT.

The special handling code must be populated for all document types.

All document types are soft-coded.

All document types are hard-coded.

Invoice document types that are set up In UDC OO/DT should also be set up In UDC 00/DT

Questions 4

What three AAIs can be set up for revenue recognition?

Options:

4225 DMAAI

RT AAI

RP AAI

RQ AAI

4243 DMAAI

Questions 5

From which two tables does the One View Customer Ledger Inquiry application (P03B2022) combine information?

Options:

Customer Ledger table (F03B11) and Business Unit Master (F0006)

Customer Ledger table (f03bii) and Customer Receipts Header (F03B13)

Customer Ledger table (f03bii) and Customer Line of Business Master table (F03012)

Customer Ledger table (f03bii) and Customer Receipts Detail (F03B14)

Questions 6

Which two statements are true regarding One View Financial Statement Security?

Options:

Generated financial statements are accessible by only the user who generated them.

The category codes provided in the OVFS feature can be used for additional security for specific records in the feature.

Components such as applications and database tables are not accessible by all users.

Security cannot be set up to specifically exclude users or roles from the OVFS components.

Questions 7

Although the Automation Rule (ARTL) field is not a required field when populating the F0411z1 table, why does Oracle recommend populating it?

Options:

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.

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.

If the Automation Rule (ARTL) field is not populated, the Automation Flag (ATFLG) field is not enabled.

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.

Questions 8

You are going through the month-end close process. When you are posting, you receive a PACO message.

What condition caused this message?

Options:

entering a G/L date that is in a prior fiscal year

entering a G/L date that Is In the next period

entering a G/L date that is at least two periods in the future

entering a G/L date prior to the current period

entering a G/L date that is not the last day of the month

Questions 9

What does Detail Method use to track Intercompany settlements and how does the company associated with the first journal entry line act for the transaction?

Options:

Detail Method uses Subsidiaries, and the company acts as a detail company for the transaction.

Detail Method uses Subledgers, and the company acts as a consolidation company for the transaction.

Detail Method uses Subledger, and the company acts as a hub company for the transaction.

Detail Method uses Subsidiaries, and the company acts as a hub company for the transaction.

Detail Method uses Subledgers, and the company acts as a detail company for the transaction.

Questions 10

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?

Options:

1: Hub Method

2: Detail Method

3: Configured Hub Method

N: The system does not post a batch If It contains Intercompany settlements.

*: The system posts a batch even if it contains intercompany settlements.