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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.

  • 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

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

  • 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

  • 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

  • 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

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

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

Brief Details

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

  • Exam type: Multiple Choice Questions

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

  • 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.

  • Exam Code: 1z0-342

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

  • Duration: 120 minutes

  • Pass Score: 65%

  • 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

  • Number of Questions: 80 Questions

  • 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.

Reference: https://education.oracle.com/pls/web_prod-plq-dad/db_pages.getpage?page_id=5001&get_params=p_exam_id:1Z0-342

Exam Content

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

Formats of Question

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

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

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Oracle 1z1-342 Exam Syllabus Topics:

SectionObjectives
General Ledger (GL)- Journal entries and posting processes
- Account structures and chart of accounts
Accounts Payable (AP)- Supplier setup and management
- Voucher processing and payment processing
- AAIs and automatic payment processing
Accounts Receivable (AR)- Customer setup and invoicing
- Receipts and credit management
Financial Reporting and Inquiry- Account balance inquiry and analysis
- OneView Financials reporting
JD Edwards EnterpriseOne Financial Management Overview- EnterpriseOne navigation and system architecture
- Core Financial Management processes

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