Exam Code: 1Z0-522 (Practice Exam Latest Test Questions VCE PDF)
Exam Name: JD Edwards EnterpriseOne Financial Management 9.0 Essentials
Certification Provider: Oracle
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2016 Jun 1Z0-522 Study Guide Questions:

Q1. Your client is going through a data cleansing exercise. They are trying to delete account records In the Account Master table that will not be needed in the future. You encountered records that cannot be deleted. Which tables contain records that cause the Inability to delete the desired accounts?

A. F0902, F0901 and F0010

B. F0911, F0901, and F0006

C. F0911 and F0902

D. F0911, F0902, and F0006

E. F0911, F0902, and F090

Answer: C


Q2. Your client is requesting that an error message be created when trying to void those Vouchers with Purchase Orders. Select two programs that would be controlled by processing options to disallow void of vouchers created with Purchase Orders.

A. Supplier Payment Inquiry

B. Supplier Master Information

C. Supplier Ledger Inquiry

D. Speed Voucher Entry

E. Standard Voucher Entry

Answer: CE


Q3. Which three statements related to the Journal Entry Reversal Control functionality are TRUE?

A. Enter a journal entry reversal the last day of the previously closed period.

B. Enter a journal entry reversal the first day of the next period.

C. Enter a journal entry reversal the last day of the next period.

D. A reversal journal will cause duplicate journal entries.

E. Journal Entry Reversal functionality is commonly used for entering accrual journal entries 

Answer: BCE


1Z0-522  practice test

Avant-garde 1Z0-522 exam answers:

Q4. 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


Q5. Your client is using the Credit Hold process orders from Credit Hold? 

A. Check Credit P42050 

B. Release Held Orders P43070 

C. Order Hold Information P42090 

D. Standard Invoice Entry P03B2002 

E. Speed Status Change P03B114 

Answer: B


Q6. The Batch-program 'Identify New Entries' does which two of the following?

A. makes the program 'Revise Unposted Entries1 find FA entries quicker

B. posts amounts to the Fixed Assets Ledger

C. reconciles the General Ledger to the Fixed Assets Balances

D. updates the General Ledger table F0911

E. creates new fixed assets master records

Answer: AD


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Q7. Your client wants to refine the Account Ledger Inquiry to suit their end user business requirement. 

Which statement is TRUE regarding the Account Ledger Inquiry? 

A. The users can only inquire on "posted" transactions. 

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

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

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

E. Subtotals are not available on the Find/Browse form. 

Answer: E


Q8. You have created a Deduction record. What occurs in the system when you enter a deduction? 

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

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

C. The open amount of the invoice is reduced by the 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 an R5 document for the amount of the deduction and stores it in the deduction Management Table F03B40. 

Answer: C


Q9. Your client needs assistance in setting up allocations for the company. Which method of

allocation allows you to redistribute amounts from one or more business units to one or

more business units with a common category code?

A. Recurring Journal Entry

B. Variable Model

C. Model Journal Entry

D. Variable Numerator

E. Indexed

Answer: D


Q10. Which of the following is NOT an element of Asset Depreciation? 

A. Net Book Value 

B. Time Value of money 

C. Salvage value of money 

D. Time 

Answer: A