Oracle 1z0-522 Exam Questions

Question 6 of 72

Your client wants the system to calculate discounts on the gross amount of a voucher plus tax. In which of the following programs can the client set up the system to calculate discounts in this manner?

Tax Rules by Company

Supplier Master

Tax Explanation Codes

Processing Options for Voucher Entry

A/P Constants

Correct Answer: C

Question 7 of 72

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

Net Book Value

Time Value of money

Salvage value of money

Time

Correct Answer: A

Question 8 of 72

Your client has asked that you run a Standard report with payment information for a given payment cycle. Which of the following would give you the desired information?

Run the Manual Payment Journal Report.

Re-run the Create Payment Group program and set the processing options In the Master Business Function to print the check register.

Run the Payment Analysis Report.

Set up the Check Register in the Bank Account Information program.

Set the processing options for the Automatic Payment Review report to reprint the check register.

Correct Answer: B

Question 9 of 72

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?

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

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

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

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

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

Correct Answer: A, C

Question 10 of 72

Your client indicated that the standard delivered report does not meet their business requirement. You recommend that they create a new report using the
Financial Report Writer.
Which four statements are TRUE regarding the Financial Report Writer?

A Journal entry can be automatically created in the Financial Report Writer.

The level of detail roll up can be defined in the processing option.

Smart fields are used to calculate Period Activity and Account Balance.

The interim subtotal can be defined in the FSxx AAI item.

You can define a maximum of 12 printing columns.

Correct Answer: A, C, D, E