1z0-342

1z0-342 practice questions, page 2 of 4, with answer review and explanations.

Question 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? (Choose two.)

  1. The client is updating the Track Taxes field on the voucher GL Distribution to a value of 2.
  2. 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 trach the taxes.
  3. The client is using tax explanation codes ST and VT that are only valid for invoices and not vouchers.
  4. The client is reviewing information in the F0018R table; allocated tax amounts from the F0911 reside in the F0018 table.
  5. The general ledger accounts input on the GL Distribution form are not set up as taxable.

Question 7

Which field or fields make up the unique key(s) that link the Receipt Header table (F03B13) to the Receipt Detail (F03B14) table?

  1. G/L Date (DGJ) Receipt Number (CKNU) and Company (CO)
  2. Receipt Number (CKNU)
  3. Payment ID (PYID)
  4. Payment ID (PYID) and Receipt Number (CKNU)
  5. Receipt Number (CKNU) and Address Number (AN8)

Question 8

Which two steps must be completed in order to use the Debit/Credit Reconciliation feature? (Choose two.)

  1. Specify whether debits and credits are required to balance in the Manual Reconciliation (P09131) program.
  2. Specify a tolerance amount greater than 10% by which debit and credit transactions can be out of balance in the Manual Reconciliation (P09131) program.
  3. Set the Reconciliation Type processing option to 1. Matching Debit Credit Reconciliation for the Manual Reconciliation (P09131) program.
  4. Set up the Financial AAI GLRD.

Question 9

Which program must be run to create sales invoices in the Accounts Receivable system?

  1. the Invoice Print program (R03B305)
  2. the Sales Update program (R42800)
  3. the Invoice Generation program (R48121)
  4. the Invoice Journal program (R03B305)

Question 10

Although the Automation Rule (ARTL) field is not a required field when populating the F0411Z1 table, why does Oracle recommend populating it?

  1. 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.
  2. 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.
  3. If the Automation Rule (ARTL) field is not populated, the Automation Flag (ATFLG) field is not enabled.
  4. 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.