1Z0-549 Online Practice Questions and Answers

You are going through the month end dose process. If you run the Account Balance without Account Master Integrity report and have the processing option set to update mode/ what do you update?

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

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

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

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

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

You were asked to create an allocation of all advertising expenses to all marketing departments based on each individual marketing department's sales revenue. Assuming that the advertising expense object accounts and sales revenue object accounts are within one specified range, how will you most efficiently accomplish this allocation?

A. Use a Model Journal Entry

B. Use the Variable Numerator Allocation

C. Use the Recurring Journal Entry

D. Use the Indexed Allocation

E. Use a Variable Model

You were asked to assist in setting up the Automatic Accounting Instructions (AAI) for the financial system. Which statement is TRUE regarding AAI?

A. All AAI Items must have a corresponding valid Business Unit and Object Account value.

B. There can only be two lines of description.

C. The sequence number is hard coded in the logic of the calling application.

D. Some AAI Items with a common prefix can have a user defined suffix.

E. All AAI Items are company specific.

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

The repost program R099102, Is used to re-create balances based upon the F0911 transactions. The batch does which two of the following in update mode?

A. deletes the F0902 records, based upon the data selection and recreates these records with balances based upon the F0911-transaction

B. sets the period involved to zero and recalculates the balance for this period

C. prints a report that shows the period amount of an account in the F0911 versus the F0902

D. sets the periods 1 to 14 to zero and recalculates the balances for these periods based upon the F0911-transactions

E. includes posted and non-posted transactions of the general ledger F0911

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

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

Which three are elements of Asset Depreciation?

A. Liability on Balance Sheet

B. Salvage Value

C. Net Historical Value

D. Accumulated Depreciation

E. Cost Basis

Which three of the following pieces of information can be captured in the Address Book?

A. Outstanding amount for customers

B. Default Document Type

C. A/R A/P Netting Default

D. Tax ID

E. Subledger Inactive Code

Which three statements are TRUE about Visual Assists?

A. A Visual Assist Is available for all entry fields in JDE.

B. A Visual Assist will automatically populate the entry field with the correct value.

C. A Visual Assist will guide the user in selecting a valid value for an entry field.

D. A Visual Assist is not always available for all entry fields In JDE.

E. A Visual Assist will reduce the errors made during data entry.