1z0-342

1z0-342 practice questions, page 3 of 4, with answer review and explanations.

Question 11

What should you do to change the method of allocation for an existing recurring journal entry from amount to percent?

  1. Change the recurring frequency of the allocation journal.
  2. Change the method on the remaining number of recurring journals.
  3. Delete the recurring journal and add a new one.
  4. Create different versions of the Recurring JE Compute & Print program.

Question 12

Your client defined an organization report structure assigning category codes to business units for online consolidations. They have run the Organization Structure Build program in proof mode and the report displays the business units that are dynamically created as a concatenation of category codes. Your client is concerned because they have the processing options set to dynamically create business units using next numbering. After troubleshooting the problem, what message will you relay to your client?

  1. The Pseudo Consolidation Company processing option in the Organization Structure Build program was left bank. This processing option points the system to the correct next number by company sequence.
  2. In proof mode, any business units that are dynamically created appear on the report as a concatenation of category codes, regardless of the setting of the BU Creation processing options.
  3. The check box for concatenating category codes for new business units was flagged on in the Organization Structure Definition program (P0050B) for the structure defined by the client. This setting is overriding the processing option in the Organization Structure Build program.
  4. The Sequence fields that define where child business units appear under the parent were left blank when the organization structure was defined. These fields must be defined for the Organization Structure Build program to function as designed.

Question 13

How should you implement credit checking at the parent level?

  1. Set customer master “Billing Information related address number” to P- Parent number.
  2. Set customer master “Send Invoice to” Information to P- Parent.
  3. Set address book “Related Address number” to P- Parent.
  4. Set customer master “Billing information credit check” to P- Parent.

Question 14

Which two statements are true regarding the address book audit log feature? (Choose two.)

  1. You can set it up to record new records only.
  2. You can set it up to record new records that have been entered and changes to existing records.
  3. You can set it up to record changes to existing records.
  4. It is a user preference.
  5. You can set it up to record deleted records only.

Question 15

Which three statements are accurate when entering the GL Distribution account coding on an invoice with taxes? (Choose three.)

  1. If the account is not set up as taxable and you enter a 1 in the Track Taxes field, the system automatically changes the value to 0.
  2. The system updates the F0016R tax table with tax information for the account if the Track Taxes field is populated.
  3. The system automatically updates the Track Taxes field to 1 if the account is set up as taxable and at least one pay item on the invoice has taxes.
  4. If you do not want to track taxes for the account, change the value in the Track Taxes field to 0.
  5. The Track Taxes field cannot be edited unless the Processing Option – Allow Tax Tracking is flagged on.