JD Edwards EnterpriseOne Financial Management 9.2 Implementation Essentials

JD Edwards EnterpriseOne Financial Management 9.2 Implementation Essentials

Preparation Guide for Oracle 1z0-342 Certification Exam

Introduction

The Oracle JD Edwards EnterpriseOne Financial Management 9.2 Implementation Essentials Certification Exam certifies the candidate has a firm understanding and grasp over Oracle JD Edwards Financial Management technology. This certificate is also known as Oracle 1Z0-342 Exam which is a benchmark for experience and expertise recognized by employers across the globe.

Aim of the Certificate Exam

The certification exam is designed to help the candidate excel and command his future progression. It is designed to

• Provide individuals with a mark of excellence that is extremely recognized by the clients and seeks within across the industries
• Differentiate individual in a crowded job market
• Empower individuals to execute tasks with confidence and skill

Brief Details

Following are the quick details related to the 1z0-342 Certification Exam

• Exam Name: JD Edwards EnterpriseOne Financial Management 9.2 Implementation Essentials

• Exam Code: 1z0-342

• Number of Questions: 80 Questions

• Duration: 120 minutes

• Pass Score: 65%

• Exam type: Multiple Choice Questions

• Exam Price: $245 (USD) Price may vary from country and localized currency rates

• Exam Mode: Online Proctored Exam.
  Candidates can take the examination from any place at any time as per their convenience. Candidates also have the option to give exams at any of the authorized training centers. Candidates can select the exam mode based on their convenience at the time of registration.

• Exam Registration: Candidates willing to appear for the exam have to purchase the exam voucher. Post purchasing the voucher, the candidate can register for the examination on Oracle Education Portal

• Exam Voucher: Candidates can purchase the exam vouchers on Oracle Education Portal. Voucher is valid for 6 months from the date of issue and is like a gift voucher which will get forfeited if not used within 6 months.

Scope

This certificate verifies the fundamental knowledge of the candidate in JD Edwards Enterprise Financial Management technology ensuring if the candidate is skilled enough in Financial management over cloud technology.

Also Oracle 1z0-342 certificate ensures the candidate is proficient in practically applying the knowledge gained through pieces of training and practical experience of working within the projects.

Target Audience

The Oracle 1z0-342 Certification Exam is targeted to the candidates having experience in Oracle JD Edwards Financial Management technology and want to set their career progression as JD Edwards EnterpriseOne Financial Management 9.2 Certified Implementation Specialist (OCS).

Note: Oracle prohibits nationals of the embargoed territories of Cuba, Iran, North Korea, Syria, and Sudan from taking any Oracle test or from becoming certified.

Topics to Cover

Oracle 1z0-342 Certification Exam is based on the learnings, key topics, and activities encountered during oracle pieces of training and implementations.

Following are the major topics along with the sub-skills, a candidate should cover while preparing for the examination. These topics will give the candidates a clear view of which topics and skills inclusive, one should focus on for the certification.

Note: The list and details are not an all-inclusive content list. Oracle reserves the right to change and update the content (topics and sub-skills) at any point in time.

• Address Book (AB)
  Describe the Address Book
  Describe program navigation
  Create content for Composite Application Framework

• Payable Accounts
  Describe Accounts Payable Business Process
  Configuration components for Accounts Payable
  Describe Supplier Master
  Process Vouchers and Voucher Match
  Perform Automatic Voucher Match
  Process Payments
  Approve Post AP transactions
  Update and review tax information
  Describe the OneView Supplier Ledger and Payment Inquiry
  Analyze Accounts Payable and Integrity reports

• General Accounting
  General Ledger Business Process Describe configuration components for General Ledger
  Process Journal Entries Set up Allocations Perform account reconciliation Describe the OneView General Ledger
  Analyze General Accounting inquires and reports
  Process online consolidations
  Create budgets
  Perform Cash Forecasting

• Accounts Receivable
  Describe Accounts Receivable Business Process
  Describe configuration components for Accounts Receivable
  Utilize the AR Credit and Collections Process
  Describe Customer Master
  Process AR invoices
  Process AR Cash Receipts
  Post AR transactions to General Ledger
  Process Credit Reimbursements Describe OneView Customer Ledger and Receipts inquiry
  Review and maintain tax information
  Analyze Accounts Receivable Inquiry and Reports
  Describe Revenue Recognition process

• Fixed Assets
  Describe Fixed Asset Process
  Set up Fixed Assets
  Manage Asset Records and Locations
  Process General Ledger Entries for Fixed Assets
  Process Transfer Assets to New Locations
  Process Asset Splits and Disposals

• OneView Financial Statements
  Describe OneView Financial Statement Process
  Create and generate new statements
  Explain import and export functionality in OneView Financials Statements

The candidate needs to go through and be proficient in every topic.

Exam Preparation

Questions in the exam are based on official training material provided by Oracle over different official platforms.
Also the information in the following pieces of training is the source for the exam. Hence, Candidates should complete the following training courses before appearing for the certification exam.

Candidates should complete one of the below-mentioned pieces of training for the proper understanding of content and topics

• JD Edwards EnterpriseOne - Applications Learning Subscription
• Unlimited Product Learning Subscription

There are two main types of resources for preparation of certification exams first there are the study guides and the books that are detailed and suitable for building knowledge from the ground up then there are video tutorial and lectures that can somehow ease the pain of through study and are comparatively less boring for some candidates yet these demand time and concentration from the learner.
Candidates who want to build a solid foundation in all exam topics and related technologies usually combine video lectures with study guides to reap the benefits of both but there is one crucial preparation tool as often overlooked by most candidates the practice exams.
Practice exams are built to make students comfortable with the real exam environment. Statistics have shown that most students fail not due to that preparation but due to exam anxiety the fear of the unknown. It is recommended to prepare notes and practice 1z0-342 Exam dumps.

Exam Content

The examination consists of 80 Questions. Candidates should score 65% to clear the examination.

Formats of Question

• Single Response Multiple-choice questions: Only One correct response from the given options best suits the statement or answers the question.
• Multiple Response Multiple-choice questions: Two or More Correct response from the given options best suits the statement or answers the question.

Exam Duration

Candidates will have 120 minutes for attempting 80 questions. So, it becomes important for the candidates to time-box the exam and restrict spending too much time on one question or one topic.

Exam Results

The Oracle 1z0-342 certification is a pass or fail examination and the candidate has to score a minimum of 65% to be termed as pass in the certification exam.

Candidates will receive an email with the result from Oracle within 30 minutes of completing the Certification exam. Exam results are also available on the CertView web portal and the candidate can visit the portal and login to the CertView account to view the exam results and get further details.

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