1Z0-342 practice question 4 of 25
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?
Full set: 160 questionsThe Financial Report Writer builds financial reports using General Accounting features. Processing options control the level of detail (LOD) roll-up for account balances (B). Smart fields are special data dictionary items that dynamically calculate financial values such as period activity and account balances (C). Interim subtotals in financial statements are governed by the FSxx AAI items, which define subtotal breaks and financial ratios (D). The report layout permits defining a maximum of 12 columns for printing financial data (E). These are all standard capabilities documented for the Financial Report Writer tool. The Report Writer is strictly a reporting tool and does not perform transactional posting.
A. The Financial Report Writer is a reporting tool only; it cannot automatically create journal entries — posting is a transactional function outside the Report Writer.
1. JD Edwards EnterpriseOne Applications General Accounting Implementation Guide (Release 9.x), Oracle — Chapter "Working with Financial Reports," section on Smart Fields (Period Activity/Account Balance calculations) and Financial Report Writer overview.
2. JD Edwards EnterpriseOne Applications General Accounting Implementation Guide, Oracle — Section "Setting Up Automatic Accounting Instructions (AAIs)," AAI items FSxx (Interim Subtotals and Financial Ratios).
3. JD Edwards EnterpriseOne Tools Report Design Aid Guide, Oracle — Section defining column layout limits (maximum printing columns) for financial reports.
4. JD Edwards EnterpriseOne Applications General Accounting Implementation Guide, Oracle — Section "Understanding Level of Detail" and processing option configuration for account roll-up.
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