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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.
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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.
Address Book (AB)
Describe the Address Book
Describe program navigation
Create content for Composite Application Framework
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
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
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.
Reference: https://education.oracle.com/pls/web_prod-plq-dad/db_pages.getpage?page_id=5001&get_params=p_exam_id:1Z0-342
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.
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.