Oracle Exam 1Z0-342 Topic 1 Question 95 Discussion

Actual exam question for Oracle's 1Z0-342 exam

Question #: 95
Topic #: 1

You have been tasked with helping your client configure manual and bank statement processing for a new implementation. Your client has informed you that they want to use a different value than 'R' for the reconciliation code.

Which two items should you address with your client?

AThe Debit/Credit Match Reconciliation program (P09131) must use the reconciliation code of *R\
You cannot change the reconciliation code for this program.

BBecause your client is using bank statement processing, they cannot use values 'A' or 'D* because
they are used by the Bank Statement programs.

CAll the one-digit values in UDC 09/RC are hard-coded. You must select and add a two-digit code if using a different reconciliation code than 'R'.

DThe Auto Reconcile Void Payment (R09551) and Auto Reconcile Void Receipt (R09552) programs use the default reconciliation code of 'R'. You cannot change the reconciliation code for these programs.

EWhen using multiple reconciliation codes, duplicate AAI ranges must also be created to prevent system errors.

Show Suggested Answer

Suggested Answer: B, D

by Dannie at Jun 18, 2024, 03:59 PM

Limited Time Offer

25%

Off

Get Premium 1Z0-342 Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel

Marica

3 days ago

Wow, this is a tricky one. I'm going to go with B) and C) - the client can't use 'A' or 'D', and they'll need a two-digit code if they want something other than 'R'. *chuckles* I hope the exam doesn't have any jokes about bank reconciliation, that would be a bit... reconciling.

upvoted 0 times

...

Lashaunda

7 days ago

Hold up, this is a trick question! The answer is E) - you need to create duplicate AAI ranges to prevent system errors when using multiple reconciliation codes. That's the key detail.

upvoted 0 times

...

Nathan

12 days ago

I'm pretty sure the answer is D). The Auto Reconcile Void Payment and Auto Reconcile Void Receipt programs use 'R' by default, and you can't change that.

upvoted 0 times

...

Mable

16 days ago

I believe we should also discuss the need for creating duplicate AAI ranges when using multiple reconciliation codes to avoid system errors.

upvoted 0 times

...

Laurel

16 days ago

The correct answer is B) and C). The client cannot use 'A' or 'D' because they are reserved for the Bank Statement programs, and they must use a two-digit code if they want to use a different reconciliation code than 'R'.

upvoted 0 times

...

Lettie

23 days ago

I agree with you, Nicholle. It's important to make sure the client understands the limitations and requirements of changing the reconciliation code.

upvoted 0 times

...

Nicholle

29 days ago

I think we should address the Debit/Credit Match Reconciliation program and the Auto Reconcile programs with the client.

upvoted 0 times

...