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

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

  • Duration: 120 minutes

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

  • Exam Code: 1z0-342

  • Number of Questions: 80 Questions

  • 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

  • Exam type: Multiple Choice Questions

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Aim of the Certificate Exam

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

  • Empower individuals to execute tasks with confidence and skill
  • 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

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

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.

  • 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

  • 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

  • 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.

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 exam dumps.

Oracle 1z1-342 Exam Syllabus Topics:

SectionObjectives
Topic 1: Accounts Payable (AP)- Voucher processing and payment processing
- Supplier setup and management
- AAIs and automatic payment processing
Topic 2: Accounts Receivable (AR)- Receipts and credit management
- Customer setup and invoicing
Topic 3: Financial Reporting and Inquiry- Account balance inquiry and analysis
- OneView Financials reporting
Topic 4: General Ledger (GL)- Account structures and chart of accounts
- Journal entries and posting processes
Topic 5: JD Edwards EnterpriseOne Financial Management Overview- Core Financial Management processes
- EnterpriseOne navigation and system architecture

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