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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Fannie

1 months ago

Haha, Option D is pretty clever! Changing the ledger type instead of the setup? That's a sneaky way to get around the issue.

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Gail

8 days ago

User 3: I agree, sometimes thinking outside the box can be really helpful in these situations.

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Winfred

13 days ago

User 2: Yeah, it's a creative solution to save time during month-end close.

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Norah

20 days ago

User 1: Option D does seem like a smart workaround.

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Belen

2 months ago

Hmm, Option C makes sense, but it adds an extra step that could be a pain. I'd rather just focus on the AA ledger update and let the AU ledger take care of itself.

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Fernanda

18 days ago

I agree, focusing on the AA ledger update seems like the best approach. Let the AU ledger handle itself.

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Moon

27 days ago

Option D) Instead 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.

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Gracia

1 months ago

Option A) You 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.

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Desmond

2 months ago

I disagree, Option B is too restrictive. The client needs the flexibility to update the AA ledger directly, even if it requires extra precautions.

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Linn

1 months ago

I understand your concern, but it's important to consider the potential risks involved in allowing direct balance updates to the AA ledger.

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Long

2 months ago

A) You 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.

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Kenny

2 months ago

I'm not sure, but I think option C could also be a good choice. It mentions updating both amount and unit ledgers to avoid error messages.

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Linsey

2 months ago

Option A seems like the way to go. We need to be cautious with direct balance updates, but it's the best solution to save time during month-end close.

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Nadine

3 months ago

I agree with Willard. Option A seems like the safest option to relay to the client.

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Willard

3 months ago

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

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