Free Oracle 1z0-342 Exam Dumps Questions & Answers

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?

• A.  The client is using tax explanation codes ST and VT that are only valid for invoices and not vouchers.
• B.  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 track the taxes.
• C.  The general ledger accounts Input on the GL Distribution form are not set up as taxable.
• D.  The client is reviewing information in the F0018R table; allocated tax amounts from the F0911 reside in the F0911 table.
• E.  The client is updating the Track Taxes field on the voucher GL Distribution to a value of 2.

Your client is using Multi-Currency.: What designates an invoice as Foreign?

• A.  The revenue account you assign to the-invoice designates it as foreign.
• B.  An exchange rate exists on the invoice.
• C.  The currency field contains the same value as the Base field.
• D.  The currency field contains a different value from the Base field.
• E.  The Currency field is foreign.

You ran the application A/R Statistical History Update program (R03B16A). Which table does the system use to display information on the Account Statistical Summary Form?

• A.  F03B15
• B.  F03B16S
• C.  F03B11
• D.  F03B21
• E.  F03B16

Which two observations are true about the AutoSuggest function?

• A.  It can be turned off via a Form Exit
• B.  it can be turned on per application
• C.  it cannot be turned off
• D.  it is a system wide function
• E.  it is a user preference

Your financial implementation client lead needs assistance on understanding the Detail Method of Intercompany settlements. You explain that the Detail Method uses _______to track Intercompany settlements and the company associated with the first journal entry line acts as the _________ for the transaction.

• A.  Subledgers, detail company
• B.  Subledgers, consolidation company
• C.  Subledger, hub company
• D.  Subsidiaries, detail company
• E.  Subsidiaries, hub company