Online Access Free 1z1-342 Practice Test

You are going through the month end close process. When you are posting, you receive a PACO message?
What condition would cause this message?

• A.Entering a G/L date that is not the last day of the month.
• B.Entering a G/L date prior to the current period.
• C.Entering a G/L date that is at least two periods in the future.
• D.Entering a G/L date that is in the next period.
• E.Entering a G/L date that is in a prior fiscal year.

Your client wants the system to automatically create journal entries for Intercompany settlements. Knowing that your client will use multicurrency processing, what two intercompany settlement values are available to your client?

• A.1: Hub Method
• B.N: The system does not post a batch If It contains Intercompany settlements.
• C.*: The system posts a batch even if it contains intercompany settlements.
• D.3: Configured Hub Method
• E.2: Detail Method

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.Speed Voucher Entry
• B.Supplier Master Information
• C.Supplier Payment Inquiry
• D.Standard Voucher Entry
• E.Supplier Ledger Inquiry

While analyzing the transaction history for a supplier, you review the vouchered year to date amount In the Supplier Master record. Which of the following options describes the currency in which the system displays this amount?

• A.The domestic currency of the company where the vouchers were entered.
• B.The currency defined In the A/B Amount Code field of the Supplier Master.
• C.The currency in which the vouchers were paid.
• D.The currency associated with Company 00000.
• E.The currency defined In the Default Code field of the Supplier Master.

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 disallow duplicate invoice numbers.
• B.Change the processing option for the Standard Voucher Entry (P0411) form to add a check digit to the invoice number.
• C.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.
• D.Change the processing option for the standard Voucher entry program (P0411) to disallow duplicate invoice numbers.