Oracle Exam 1Z0-342 Topic 3 Question 89 Discussion

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

Question #: 89
Topic #: 3

After reviewing the Ledger Type Rules Setup, your client has requested that you help them change their AA ledger to allow direct balance updates. This will save them time during month-end close.

Which item will you relay to your client?

AYou may deselect the Prevent Direct Balance Update check box for the AA ledger; however, similar to the creation of a one-sided journal entry, allowing direct balance updates to the AA ledger should be used with extreme caution and restricted to only senior levels of the organization.

BThe Prevent Direct Balance Update check box must be selected for the AA ledger.

CAmount and corresponding unit ledgers must both be updated or error messages will be
displayed; for example, if allowing direct balance updates for the AA ledger you must also allow direct balance updates to the AU ledger.

DInstead of changing the Ledger Type Setup, simply navigate to the budget programs, change the ledger type from BA to AA and make necessary updates. This will eliminate the need to continually update the Prevent Direct Balance Update check box.

EOnce initially set, the Prevent Direct Balance Update check box cannot be changed for any ledger type.

Show Suggested Answer

Suggested Answer: C, D, E

by Audry at Apr 10, 2024, 04:34 PM

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28 days ago

I think option A is the best choice. It provides a warning about using direct balance updates cautiously.

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