Free Oracle 1Z0-342 Exam Questions

Become Oracle Certified with updated 1Z0-342 exam questions and correct answers

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Total 165 Questions | Updated On: Sep 11, 2025

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Question 1

Your client does not want their A/P department to pay duplicate supplier Invoices. Which action will prevent users from entering duplicate Invoice numbers?

A : Change the Duplicate Invoice Number Edit field on the A/P Constants (P0000) form to Issue a warning if a user enters a duplicate invoice number.

B : Change the Duplicate Invoice number edit field on the A/P Constants (P0000) form to disallow duplicate invoice numbers.

C : Change the processing option for the standard Voucher entry program (P0411) to disallow duplicate invoice numbers.

D : Change the processing option for the Standard Voucher Entry (P0411) form to add a check digit to the invoice number.

Answer: C

Question 2

You have created a Deduction record. What occurs in the system when you post the batch?

A : The system creates an R5 document for the amount of the deduction and generates an unposted batch type of DB.

B : The system creates an R5 document for the amount of the deduction and generates an unposted batch type of I.

C : The open amount of the invoice is reduced by amount of the deduction, and the system assigns a pay status of H to the invoice.

D : The system creates an R5 document for the amount of the deduction and generates an unposted batch type of RB.

E : The system creates records in the Deduction Management table.

Answer: C

Question 3

Which of the following statements is TRUE about processing options?

A : When a report run is finished the processing options will be restored to the default value.

B : Changes made to processing options are logged for future reference.

C : The user can perform an audit trail on processing option changes.

D : Access to processing options cannot be secured.

E : Changes made to processing options will be saved immediately.

Answer: A

Question 4

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

A : 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.

B : The system updates the F0016R tax table with tax information for the account if the Track Taxes field is populated.

C : 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.

D : If you do not want to track taxes for the account, change the value in the Track Taxes field to 0.

E : The Track Taxes field cannot be edited unless the Processing Option - Allow Tax Tracking Is flagged on

Answer: A,B,C

Question 5

The system identifies fixed asset journal entries based on the fixed asset range of accounts that you set up in the automatic accounting instructions (AAIs). You can generate fixed asset journal entries through any EnterpriseOne system that creates entries in the 6/L transaction table Account Ledger (FQ911). Which one of the following is NOT the type of Account that falls within the FX range of the AAIs?

A : Accumulated Depreciation Accounts

B : Operating Expense Accounts

C : Asset Cost Accounts

D : Asset Disposal Accounts

E : Trade Accounts

Answer: D

Page: 1 / 33

Total 165 Questions | Updated On: Sep 11, 2025

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