Oracle Exam 1Z0-342 Topic 8 Question 115 Discussion

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

Question #: 115
Topic #: 8

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?

AThe Cumulative Prior Year End balances shows posted and non-posted balances for the prior year end.

BThe Cumulative Prior Year End balances show the same type of balances that the balance sheet does.

CThe Cumulative Prior Year End balances include the Net Posting amounts for the prior year end.

DThe Cumulative Prior Year End balances do not include the Net Posting amount for the prior year end.

EThe Cumulative Prior Year End balances include the Net Posting amounts for only domestic entries for the prior year end.

Show Suggested Answer

Suggested Answer: C

by Ronald at Apr 06, 2025, 06:10 AM

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19 days ago

I think the correct answer is C. The Cumulative Prior Year End balances include the Net Posting amounts for the prior year end.

upvoted 0 times

Becky

10 hours ago

I believe the correct answer is C.

upvoted 0 times

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Thurman

22 days ago

I think the answer is A) The Cumulative Prior Year End balances shows posted and non-posted balances for the prior year end.

upvoted 0 times

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