1Z0-342 practice question 17 of 25

Your customer wants to Implement Advance Variable Numerator Allocations. What specifications should you set up to accomplish this?

Full set: 160 questions
Answer options
A: Source; Recurring frequency; Offset
B: Source; Basis; Destination; Offset Correct answer
C: Source; Destination; Offset
D: From BU; To BU, Offset account
Correct Answer:
B. Source; Basis; Destination; Offset
Explanation

In JD Edwards EnterpriseOne General Accounting, Advanced Variable Numerator Allocations allow organizations to dynamically allocate expenses or revenue based on variable financial ratios or metrics. To set up and execute an advanced variable numerator allocation calculation using the Allocation Specifications program (P09210/P09215), four mandatory components must be specified: Source, Basis, Destination, and Offset. The Source defines the pool of balances or transactions to allocate. The Basis specifies the ratios or account balances used to calculate allocation percentages dynamically. The Destination identifies the target business units and accounts where allocated amounts are posted. Finally, the Offset designates the balancing account to maintain general ledger equilibrium across all allocation journal entries.

Why Incorrect

Option A: Recurring frequency is a execution parameter for scheduled allocation batch jobs, omitting the essential Basis and Destination specification structures.
Option C: Omitting the Basis component prevents the allocation engine from dynamically determining variable numerator ratios for proportional distribution across accounts.
Option D: From BU, To BU, and Offset account represent simple indexed allocations and lack the structured Basis and Source definition required for variable allocations.

References

- Oracle JD Edwards EnterpriseOne Applications General Accounting Implementation Guide, Release 9.2, Chapter 12: "Processing Allocations," Section: "Setting Up Advanced Variable Numerator Allocations."

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