JD Edwards EnterpriseOne 9 Financial Management Essentials Exam

Test your knowledge of JD Edwards EnterpriseOne Financial Management Essentials!

1. When are Fixed Asset entries posted to the General Ledger?

 

 

 

 

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

 

 

 

 

 

3. Your client needs to consolidate their financial information from various business sites. Which statement does NOT represent a difference between a Multi-Site Consolidation and other Organizational Structure?

 

 

 

 

 

4. Your client wishes to run Calculate Withholdings Report In preparation for the payment process. For the Calculate Withholding program to select a voucher, what must the voucher’s pay status be?

 

 

 

 

 

5. 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 G/L transaction table Account Ledger (F0911). Which one of the following is NOT the type of Account that falls within the FX range of the AAIs?

 

 

 

 

 

6. 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?

 

 

 

 

 

7. What two ways can a user access the submitted jobs?

 

 

 

 

8. Your client wants to utilize the subledger field to track costs in their general ledger. In what way do transactions with subledgers differ from transactions without subledgers?

 

 

 

 

 

9. 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?

 

 

 

 

 

10. Your client has asked you to supply them with aging reports. Which report should the client run to display detail aging in specific aging categories?

 

 

 

 

 

11. A sales order has been created and you need to update tables in the system. Which application updates the General Ledger table F0911?

 

 

 

 

 

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

 

 

 

 

 

13.

our client wants to secure additions to the Chart of Account. They do not want invalid accounts to be accepted. Where do you set up the control of invalid accounts?

 

 

 

 

 

14.

You would like to use standard Credit and Collection Manager functionality. What is the purpose of designating the Address Book number in addition to the name of the credit manager or collection manager in the required UDC table?

 

 

 

 

 

15. You have created a credit invoice and need to find the record in the Customer Ledger Inquiry screen (R03B2002). Which document type will you add to the QBE line to help you find the record?

 

 

 

 

16. Which of the following statements is TRUE about the AutoPopulate function?

 

 

 

 

 

17. You were asked to assist a Technical developer who is modifying a standard online inquiry In EnterprtseOne. The developer wants to understand how the Cumulative Prior Year End balance is calculated. Which statement is TRUE of the Cumulative Prior Year End balances for Income Statement accounts when you view online?

 

 

 

 

 

18. 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?

 

 

 

 

 

19. Your client wants to use the fastest method to enter high-volume, simple voucher entries. What Voucher Entry would you recommend to your client to use?

 

 

 

 

 

20. Which are true statements about Business Units?

 

 

 

 

21. Which three statements are true about customizing the, grid?

 

 

 

 

 

22. Which three are elements of Asset Depreciation?

 

 

 

 

 

23. The Supplier Analysis report shows Year to Date information that is inaccurate. Why is this so?

 

 

 

 

 

24. Every financial transaction, regardless of activity or source, flows to _____

 

 

 

 

25. Which is becomes part of the header information when an invoice is entered through standard invoice entry?

 

 

 

 

26. Your client wants help with the budget process. When you create budget pattern codes for each business year, you can:

 

 

 

 

 

27. Your client has asked that you set up the supplier payment terms. Assume they are using Standard Voucher Entry. What happens to the payment terms field in the header if payment terms are specified in the grid?

 

 

 

 

 

28.

Your client would like you to set up Auto Cash. Which of the following tables does the system use to retrieve and update information when you run the Update Receipts Register program?

 

 

 

 

 

29. Describe the function of the Fiscal Date Pattern.

 

 

 

 

30. A client uses multiple banks accounts in their Accounts Payable System. The client wants the correct bank account number to be supplied by the system when they enter vouchers. What is the best choice to accomplish this function?

 

 

 

 

 

31. 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?

 

 

 

 

 

32. JD Edwards EnterpriseOne is known for providing a low TCO. What does TCO mean?

 

 

 

 

33. When logging on to Enterprise One which two statements are TRUE?

 

 

 

 

 

34. 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?

 

 

 

 

 

35. You can enter journal entries that automatically reverse in the following accounting period. Which two possible G/L dates could the system assign to the reversing entry?

 

 

 

 

 

36. A special rebate payment has to be issued to a customer that does’t have a Supplier Master. How do you accomplish this without creating multiple Address Book numbers?

 

 

 

 

 

37. Which of the following statements is TRUE about the fast path?

 

 

 

 

 

38. Your client requires that their A/P department not pay duplicate supplier Invoices. Which action will prevent users from entering duplicate invoice numbers?

 

 

 

 

39. Your client needs to make changes to vouchers. Which four actions can be performed with Speed Status Change?

 

 

 

 

 

40. You are reviewing the Customer Ledger Inquiry application (R03B2002 ). Which table does the system use to display information on the Customer Ledger Inquiry Application?

 

 

 

 

 

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

 

 

 

 

 

42.

You would like to use standard Credit and Collection Manager functionality. By entering a manager’s name in the Credit Manager’s field in the Customer Master a workflow message will be sent. Which action will generate a work flow message for the Credit Manager?

 

 

 

 

 

43. The Batch-program “Identify New Entries” does which two of the following?

 

 

 

 

 

44. You are in 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?

 

 

 

 

 

45.

In which of the following situations can you delete a Customer Master record?

 

 

 

 

 

46. 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?

 

 

 

 

 

47. 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?

 

 

 

 

 

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

 

 

 

 

 

49. A client wants “Use Tax” to post to a separate account by tax rate area. Which of the following is the best way to set this up?

 

 

 

 

 

50. You are going through the month close end 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?

 

 

 

 

 

51. Your client decided to use the standard delivered financial reports Instead of creating a report using the Report Design Aid (RDA) tool. Which statement is TRUE regarding standard Financial Reports?

 

 

 

 

 

52. The JD Edwards Enterprise One Financials Data Relationships available in release 9.0 will simplify master data entry and increase the accuracy of master data attributes, which in turn will Increase reporting accuracy. What are two applications/tables supported by Data Relationships?

 

 

 

 

53. What must happen prior to making a payment to a supplier?

 

 

 

 

54. For a customer of a company there is a relation between the region of the customer and the sales manager for this region. How can this request be implemented in JDEdwards?

 

 

 

 

55. Which two statements are TRUE about Environments?

 

 

 

 

 

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

 

 

 

 

 

57. Which are steps involved in processing an invoice?

 

 

 

 

 

58. Which two statements are TRUE about Interactive Versions?

 

 

 

 

 

59. Your client wants to create an efficient way of distributing costs to various accounts and minimize manual data entry. One way of accomplishing this is to use model journal entries. Which statement best distinguishes a percent model journal entry from other model journal entries?

 

 

 

 

 

60. 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?

 

 

 

 

 


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