Free Oracle 1Z0-522 Exam Dumps Questions & Answers

You are m a System Integration meeting and the client is concerned about the different type of records that are kept In the Business Unit Master table (F0006). Which types of records are NOT kept in the Business Unit Master table?

• A.  3ob Master table for Job Cost
• B.  Master table for financial reporting
• C.  Asset Master table for Fixed Assets
• D.  Property Master table for Property Management
• E.  Property Master table for Energy Chemical systems

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

When you know a draft is paid, the draft is closed. On a draft, what does the pay status # indicate?

• A.  The draft has been closed.
• B.  The draft has been accepted.
• C.  The draft is approved.
• D.  The draft is on hold.
• E.  The draft has been selected for payment.

Your financial implementation client lead needs assistance on understanding the Detail Method of Intercompany settlements. You explain that the Detail Method uses _______to track Intercompany settlements and the company associated with the first journal entry line acts as the _________ for the transaction.

• A.  Subsidiaries, detail company
• B.  Subledgers, detail company
• C.  Subledgers, consolidation company
• D.  Subledger, hub company
• E.  Subsidiaries, hub company

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.  Indexed
• D.  Variable Numerator
• E.  Model Journal Entry