Question 1

What three conditions must exist In order for one to use the Composite Application Framework?

Options :

A : You should have access to the content in the layout.

B : You should have access to Object Management Workbench (OMW).

C : You should have the permission to publish content.

D : You should be enabled to view the layout of the Composite Application Framework.

E : Your Enterprise One preferences should have the Show Layout option selected.

Answer: C,D,E

Question 2

As part of month-end closure, you run Accounts Payable Integrity reports to validate the accuracy of your data. Which integrity report compares the Gross Amount and the Open Amount in the Accounts Payable Ledger (F0411) to the Paid Amount in the Accounts Payable Matching Document Detail (F0414)?

Options :

A : AP to GL Integrity with Adjustments Report (R04711)

B : AP Payments to Voucher Integrity Report (R04713)

C : AP to GL Integrity by Batch Report (R04701)

D :

AP Payments to GL by Batch Report (R04702A) O E) AP Payments to GL Integrity Report (R04712)

Answer: D

Question 3

You have created a Deduction record. What occurs in the system when you post the batch?

Options :

A :

The system creates an R5 document for the amount of the deduction and generates an unposted batch type of DB.

B :

The system creates an R5 document for the amount of the deduction and generates an unposted batch type of I.

C :

The open amount of the invoice is reduced by amount of the deduction, and the system assigns a pay status of H to the invoice.

D :

The system creates an R5 document for the amount of the deduction and generates an unposted batch type of RB.

E : The system creates records in the Deduction Management table.

Answer: C

Question 4

Which three statements are accurate when entering the GL Distribution account coding on an invoice with taxes?

Options :

A :

If the account is not set up as taxable and you enter a 1 in the Track Taxes field, the system automatically changes the value to 0.

B :

The system updates the F0016R tax table with tax information for the account if the Track Taxes field is populated.

C :

The system automatically updates the Track Taxes field to 1 if the account Is set up as taxable and at least one pay item on the invoice has taxes.

D :

If you do not want to track taxes for the account, change the value in the Track Taxes field to 0.

E :

The Track Taxes field cannot be edited unless the Processing Option - Allow Tax Tracking Is flagged on

Answer: A,B,C

Question 5

When you are entering an invoice with VAT tax, the system displays hard Error 1480: "Tax

Amount May Not Be Understated."

Which system setting should you review to prevent the error and allow entry of understated

tax amounts?

Options :

A :

Select the "Allow Understatement of Tax Amount" check box in the Tax Rules application (P0022) for the company on the invoice to allow entry of understated tax amounts within the defined tolerance limits.

B :

Set the "Allow Understatement of Tax Amount* processing option to 1 in the Invoice Entry Master Business Function (P03B0011) to allow entry of understated tax amounts within the defined tolerance limits.

C :

Select the "Allow Understatement of Tax Amount" check box in the Tax/Rate Area application (P4008).

D :

Activate the "Allow Understatement of Tax Amount' processing option for Standard Invoice Entry application (P03B11) to allow entry of understated tax amounts.

E :

Select the "Allow Understatement of Tax Amount" check box in the Company Number and Names application (P0010) for the company on the Invoice to allow entry of understated tax amounts within the defined tolerance limits.

Answer: D

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