What three conditions must exist In order for one to use the Composite Application Framework?

You should have the permission to publish content.

You should be enabled to view the layout of the Composite Application Framework.

Your Enterprise One preferences should have the Show Layout option selected.

You should have access to the content in the layout.

You should have access to Object Management Workbench (OMW).

What are the required steps to set up column definition?

Enter Required Attributes; Enter Optional Attributes; Define Column Data Selection; Add Category Code Values; Set Column Definition Status

Enter Required Attributes; Set Column Definition Status

Enter Required Attributes; Enter Optional Attributes; Define Column Data Selection; Add Category Code Values

Enter Optional Attributes; Set Column Definition Status; Define Column Data Selection

Your client submitted the Annual Close application to close their fiscal year. When you dose a fiscal year, which AAI Items does the system use?

GLG4 retained earnings, GLG6 beginning revenue account and GLG12 ending profit and loss

6LG4 retained earnings and GLGxx all GL accounts

GLG4 retained earnings, GLG12 ending profit and loss, and GLG7 year-end close account

GLG4 retained earnings, GLG12 ending profit and loss, and the ICCC Inter-company account

GLG4 retained earnings and FSxx interim subtotals

Your client indicated that the standard delivered report does not meet their business requirement. You recommend that they create a new report using the Financial Report Writer. Which four statements are TRUE regarding the Financial Report Writer?

A Journal entry can be automatically created in the Financial Report Writer.

Smart fields are used to calculate Period Activity and Account Balance.

The interim subtotal can be defined in the FSxx AAI item.

You can define a maximum of 12 printing columns.

The level of detail roll up can be defined in the processing option.

You were asked to create an allocation of all advertising expenses to all marketing departments based on each individual marketing department's sales revenue. Assuming that the advertising expense object accounts and sales revenue object accounts are within one specified range, how will you most efficiently accomplish this allocation?

Use the Variable Numerator Allocation

Use the Recurring Journal Entry

Free Oracle 1Z0-342 Exam Practice Questions & Explanations

Last updated on: Oct 10, 2026
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