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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.
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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
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 exam dumps.
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The examination consists of 80 Questions. Candidates should score 65% to clear the examination.
Formats of 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.
| Section | Objectives |
|---|---|
| Topic 1: OneView Financials Statements | - Configure and run financial statements - Overview of OneView Financials - Analyze and customize financial reports |
| Topic 2: Accounts Receivable (AR) | - Set up AR system components - AR inquiries and reporting - Customer master and invoice processing - AR business process - Receipts, credit management, and GL posting |
| Topic 3: Common Foundation / Address Book | - Describe program navigation - Create Composite Application Framework content - Describe and set up Address Book |
| Topic 4: General Ledger (GL) | - OneView General Ledger and account inquiries - Budgets, consolidations, and financial reporting - GL business process and configuration - Set up companies, business units, chart of accounts - Process journal entries, allocations, and reconciliations |
| Topic 5: Accounts Payable (AP) | - Process vouchers, voucher match, and payments - Set up AAIs, UDCs, payment terms, and tax - AP business process overview - Supplier master configuration - Post AP transactions to GL and run reports |
| Topic 6: Fixed Assets (FA) | - Asset transfers, disposals, and reporting - Asset master creation and lifecycle management - Fixed Assets business process - Depreciation calculation and posting - FA system setup and AAIs |
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