Get Your Free 1Z0-522 Study Guide Here And Begin To Passing Certification Exam

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Vendor: Oracle
Exam Code: 1Z0-522
Exam Name: JD Edwards EnterpriseOne 9 Financial Management Essentials

QUESTION 1
You are going through the month end close process. How should you correct missing batch header records?

A.    On the Batch Header Revision form, add the batch header record again.
B.    Use the Universal Table Browser to add missing batch header records.
C.    Repost the batch to reattach the batch header record.
D.    Run the global batch program to assign batch header records to detail records.
E.    On the General Journal Review form, type the batch header record into the grid

Answer: A

QUESTION 2
Your client has asked that you set up the supplier payment terms. Assume they are using Standard Voucher Entry. What happens to the payment terms field in the header if payment terms are specified in the grid?

A.    A soft error occurs.
B.    The system ignores the value entered in the payment terms field in the grid and continues to use the value in the header.
C.    The system uses the payment terms found on the supplier master record.
D.    The payment terms field in the header is disabled and the system uses the value entered in the grid.
E.    Nothing, there are no payment terms field in the grid.

Answer: D

QUESTION 3
Which three statements are true about customizing the grid?

A.    The color of columns can be customized.
B.    The same column can be made to appear multiple times in a grid.
C.    The font of columns can be customized.
D.    The width of columns can be customized.
E.    The sequence of columns can be customized.

Answer: ADE

QUESTION 4
When logging on to Enterprise One which two statements are TRUE?

A.    A user’s password for the Production Environment usually differs from the password used for the Test Environment.
B.    If a user has multiple roles attached to his/her user-id, multiple passwords are required.
C.    The password used on a fat client is identical to the password used on a Web client.
D.    A user’s password for the Production Environment usually is identical to his/her password for the Test environment.
E.    A user cannot have access to more than two environments.

Answer: AE

QUESTION 5
When your client runs the Tax Summary Report (R0018P) for the first time and no data appears. You immediately check the Tax Table (F0018) and find it empty. Which of the following has not been set up?

A.    The Tax Rules by Company program.
B.    The processing option In the Auto Payments Update program
C.    The processing option In the post program, to update the tax table
D.    The Tax Authority in the Address Book program.
E.    The Supplier Master program, to update the tax table

Answer: C

QUESTION 6
A client wants ‘Use Tax’ to post to a separate account by tax rate area. Which of the following is the best way to set this up?

A.    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.
B.    Set up the tax rate area to point to PTyyyy and setup the PYyyyv to point to different accounts by tax rate area.
C.    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.
D.    Set up automatic accounting instructions PTyyyy, where yyyy is equal to the tax rate area.
E.    Instruct the Account Payable user to enter the distribution to different accounts based on the tax rate area.

Answer: B

QUESTION 7
You have a clearing account that is out of balance and you elect to use the Debit/Credit Match program to assist in the reconciliation. Which four steps are required?

A.    Running the Bank Journal Statement Process.
B.    Refreshing account information in the Account Ledger Reconciliation table.
C.    Reconciling void payments and receipts.
D.    Unreconciling transactions when needed.
E.    Manually Reconciling transactions.

Answer: BCDE


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