1z0-342 Practice Exam Questions with Answers JD Edwards EnterpriseOne Financial Management 9.2 Implementation Essentials Certification

Select the "Allow Understatement of Tax Amount" check box in the Tax Rules application (P0022) for the company on the invoice to allow entry of understated tax amounts within the defined tolerance limits.

Set the "Allow Understatement of Tax Amount* processing option to 1 in the Invoice Entry Master Business Function (P03B0011) to allow entry of understated tax amounts within the defined tolerance limits.

Select the "Allow Understatement of Tax Amount" check box in the Tax/Rate Area application (P4008).

Activate the "Allow Understatement of Tax Amount' processing option for Standard Invoice Entry application (P03B11) to allow entry of understated tax amounts.

Select the "Allow Understatement of Tax Amount" check box in the Company Number and Names application (P0010) for the company on the Invoice to allow entry of understated tax amounts within the defined tolerance limits.

After populating the Journal entry form using any method, click the Form Exit and select Features. Then select the check box to not create journal entry line items with zero amount and no units.

Set the processing option in the General Ledger Post program (R09801) to not create journal entry line items with zero amount and no units.

The system is not designed to determine which Journal Entry lines to include or exclude. Your client must delete zero amount and no unit lines prior to saving journal entries to prevent them from populating the Account Ledger (F0911) table.

Set the processing option in the Journal Entry MBF program (P0900049) to not create journal entry line items with zero amount and no units.

Set the processing option in the Journal Entry program (P0911) to not create journal entry line items with zero amount and no units.

Some of the assets your client is transferring are parent asset records with associated children asset records. Transfer records with a location code of 'H' are automatically created.

Some of the assets your client transferred have a transfer date later than the current system date. Transfer records with a location code of 'H' are automatically created.

Your client relocated partial quantities of an asset. Transfer records with a location code of 'H' are automatically created to represent the quantity remaining at the original location.

Some of the assets your client is transferring were never recorded at the location where they are being transferred from. The system detects the transfer is out of sequence and automatically creates transfer records with the location code of 'H'.

The invoice is linked to a sales order and, therefore, cannot be deleted.

The Invoice is paid and, therefore, cannot be deleted.

The invoice was not posted and, therefore, cannot be deleted.

The Customer is on credit hold and, therefore, cannot be deleted.

The processing options for Invoice Entry Master Business Function (P03B0011) are set to disallow deletion of invoices.

Out of the two assets that were disposed, each had quantities of 2, therefore two sets of entries were created for each asset.

The assets were already disposed and, therefore, the disposal program created one set of entries to reverse the original disposal and one set of entries to dispose the assets.

The asset numbers were included twice in the data selection for the Mass Asset Disposal program (R12104).

The AA ledger in multiple ledger type fields was populated from the processing options within the Mass Asset Disposal program (R12104).

Depreciation Account

Category Code

Responsible Business Unit

Parent Number Answer:

The system creates journal entries on the last day of the prior year with a document type AS for assets that existed in a prior year.

For assets split in the current year, the GL date for the period that the split takes place is used. If no entries exist in the period, the client most likely cancelled out of the application before creating the split.

When entering an asset split you are required to enter a G/L date: the period when the entries are created and posted. The system is configured to automatically post entries. The client has been erroneously searching for an unposted batch.

The system does not create journal entries for asset splits because it is a net zero transaction; the balances remain the same, only additional asset numbers are created.

G/L Date (DGJ), Receipt Number (CKNU) and Company (CO)

Receipt Number (CKNU)

Payment ID (PYID)

Payment ID (PYID) and Receipt Number (CKNU)

Receipt Number (CKNU) and Address Number (AN8)

The entry has a fixed asset post code of P.

The entry has a hold code of blank,

The entry has a GL post code of P.

The entry contains accounts within the FX range of AAIs.

The entry does not contain an asset number.

creating duplicates

renaming duplicates

skipping existing components

replacing all components

prompting for each existing component

The Pseudo Consolidation Company processing option in the Organization Structure Build program was left blank. This processing option points the system to the correct next number by company sequence.

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.

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.

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.

The system removes the posted code on the invoice in the Customer Ledger table (F03B11).

The system updates the A/R Post Status field (ISTR) to 1 on the invoice record in the Customer

Ledger table (F03Bii).

The system recalculates the Discount Due Dates in the Customer Ledger table (F03B11).

The system sets the Payment Status to H (Held) in the Customer Ledger table (F03B11).

The system adds a record to the Invoice Revisions table (F03B112).

The system creates a new line item for the changed Gross Amount in the Customer Ledger table

(F03B11).

The system recalculates the open amount In the Customer Ledger table (F03B11).

You cannot match to partial receipts using the voucher match automation process.

The Supplier Master record is flagged to allow matching of invoices to partial receipts, automation rule 01 is being used and Suggest Mode is flagged on in the Supplier Master record.

The Supplier Master record is flagged to allow matching of invoices to partial receipts, and automation rule 01 is being used.

The Supplier Master record Is flagged to allow matching of Invoices to partial receipts, automation rule 02 is being used, and Suggest Mode is flagged on in the Supplier Master record.

The Supplier Master record is flagged to allow matching of invoices to partial receipts, and automation rule 02 is being used.

Offset method Y. The system creates one automatic entry for each Invoice pay Item.

Offset method B . The system accumulates invoice amounts and creates one automatic entry for

the entire batch of invoices.

Offset method D . The system creates an offset entry for each detail record (gross amount, discount amount, and tax accruals are separate offset entries).

Offset method R. The system creates a summarized offset for each detail record (gross amount,

discount amount, and tax accruals are combined into one offset entry).

Offset method S. The system accumulates pay item amounts and creates one automatic entry for each invoice.

Update the System Constants for the General Ledger and Accounts Payable systems to require Manager Approval of Input.

Update the processing options for A/P versions of the General Ledger Post program (R09801).

Update the System Constants for the Accounts Payable system to require Manager Approval of Input.

Update the System Constants for General Ledger and Accounts Payable systems to the setting Batch Control Required.

Update the Work with User Security/Role form (P00950) to include Batch Approval and Post for A/P users.

Update the Batch Approval/Post Security Constants for A/P Batch Security.

From the Batch Approval/Post Security Constants form, set up Approved and Secured Users.

Hold Voucher

Credit Message

Hold Order Code

Payment Creation

Hold Payment

Create payment groups. Copy bank tape file. Work with payment group, and Void payments and vouchers

Create payment groups. Work with payment group, Copy bank tape file, and Void payments and vouchers

Create payment groups. Copy bank tape file, and Void payments and vouchers

Create payment groups, Void payments and vouchers. Work with payment group, and Copy bank tape file

Deactivate the Tax Capture Constant for the company you are entering transactions.

Change the voucher transaction Business Unit to a nontaxable entity.

Blank out the Track Tax field for the GL distribution line item.

Populate the Tax/Rate Area for the expense entry in the GL distribution.

Change the Expense Account to a nontaxable account in the Account Master.

Populate the Subledger field to a taxable Supplier Address Book number.

The Debit/Credit Match Reconciliation program (P09131) must use the reconciliation code of *R\

You cannot change the reconciliation code for this program.

Because your client is using bank statement processing, they cannot use values 'A' or 'D* because

they are used by the Bank Statement programs.

All the one-digit values in UDC 09/RC are hard-coded. You must select and add a two-digit code if using a different reconciliation code than 'R'.

The Auto Reconcile Void Payment (R09551) and Auto Reconcile Void Receipt (R09552) programs use the default reconciliation code of 'R'. You cannot change the reconciliation code for these programs.

When using multiple reconciliation codes, duplicate AAI ranges must also be created to prevent system errors.

Add a new depreciation formula.

Add a G/L account in the new currency.

Add a depreciation book for the new currency.

Run reports in the new currency.

Enter Required Attributes; Enter Optional Attributes; Define Column Data Selection; Add Category Code Values; Set Column Definition Status

Enter Required Attributes; Set Column Definition Status

Enter Required Attributes; Enter Optional Attributes; Define Column Data Selection; Add Category Code Values

Enter Optional Attributes; Set Column Definition Status; Define Column Data Selection

The document type should be percent for a percent model.

It is designated as a percent JE in the explanation field.

The document type is JE, but percent follows all the amounts.

You cannot create percent model journal entries.

The document type is JX.

When an asset is acquired

When disposing of an asset

Information from Fixed Assets does not flow to the General Ledger

Whenever the General Ledger post program is run, regardless of the application for which it is run

To set up multiple sets SIC values for the customer.

To use a different default business unit for invoice entry.

To establish multiple Address Book records.

To establish a credit limit hierarchy by company.

To set up multiple sets of default information for the customer by company.

The AutoPopulate function cannot be turned off.

The AutoPopulate function can be turned on per application.

The AutoPopulate function is a system wide function.

The AutoPopulate function can be turned off via a Form Exit.

The AutoPopulate function can be turned on via a Row Exit.

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.

Total Cost of Operations

Total Cost of Ownership

Technical Cost of Operating

Technical Cost of Ownership

the business unit of all account ledger records that have an invalid business unit number

the account description of ail account ledger records that have an invalid company number

the company number of all account ledger records that have an invalid company number

the company number of the account master records with the correct business unit

the company number of all account balance records that have an invalid company number

F0902, F0901 and F0010

F0911, F0901, and F0006

F0911 and F0902

F0911, F0902, and F0006

F0911, F0902, and F090

Property Master table for Property Management

3ob Master table for Job Cost

Property Master table for Energy Chemical systems

Master table for financial reporting

Asset Master table for Fixed Assets

The users can only inquire on "posted" transactions.

The user is required to type in the Account Number in the Find/Browse form.

The "From Date" and "Thru Date" can only be controlled by the fiscal date pattern.

The "Explanation" field is available on the grid column but not the "Explanation - Remark" field

Subtotals are not available on the Find/Browse form.

The revenue account you assign to the-invoice designates it as foreign.

The currency field contains the same value as the Base field.

The currency field contains a different value from the Base field.

An exchange rate exists on the invoice.

The Currency field is foreign.

Tax Rules by Company

Supplier Master

Tax Explanation Codes

Processing Options for Voucher Entry

A/P Constants

Outstanding amount for customers

Default Document Type

A/R A/P Netting Default

Tax ID

Subledger Inactive Code

An Interactive Version is always attached to an Interactive Application.

An Interactive Version can contain Data Selection and Data Sequence set up.

An Interactive Version is a version of an Interactive Application with Its own source code.

An Interactive Version is an object that needs to be checked in for further deployment.

An Interactive Version Is used to hold the Processing Options values for an Interactive Application.

makes the program 'Revise Unposted Entries1 find FA entries quicker

posts amounts to the Fixed Assets Ledger

reconciles the General Ledger to the Fixed Assets Balances

updates the General Ledger table F0911

creates new fixed assets master records

deletes batch header records with no detail records

lists all companies and if an amount appears In a column, the company is out of balance

locates batches posted out of balance

ensures that the intercompany is In balance

updates the batch status of a batch header record to D If the detail records in the Accounts Receivable Ledger, Accounts Payable Ledger, and Account Ledger batches are posted, but the header record has an unposted status

You are not allowed to post transactions to this business unit.

You can post only specific document types to this business unit.

You have to specify a subledger in a transaction for this business unit.

You are allowed to post budget transaction only to this business unit

Set the automatic accounting instruction PT to post to a BU. OBJ. Then set up the chart of accounts with BU.081 SUB, where the SUB Is equal to the tax authority.

Set up the tax rate area to point to PTyyyy and setup the PYyyyv to point to different accounts by tax rate area.

Set the automatic accounting instruction PT to post to a BU. OBJ. Then setup the chart of accounts with BU.OB3. SUB, where the SUB is equal to the tax rate area.

Set up automatic accounting instructions PTyyyy, where yyyy is equal to the tax rate area.

Instruct the Account Payable user to enter the distribution to different accounts based on the tax rate area.

Accumulated Depreciation Accounts

Operating Expense Accounts

Asset Cost Accounts

Asset Disposal Accounts

Trade Accounts

A Journal entry can be automatically created in the Financial Report Writer.

The level of detail roll up can be defined in the processing option.

Smart fields are used to calculate Period Activity and Account Balance.

The interim subtotal can be defined in the FSxx AAI item.

You can define a maximum of 12 printing columns.

Excel spreadsheet

Word document

Comma Separated Value (CSV) file

Exporting from the grid is not allowed

Acrobat file

F03B11

F03B21

F03B15

F03B16

F03B16S