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NEW QUESTION 54
Which is an alternate way to implement a mapping set rule?

A. Define a flexfield rule with conditions.B. Define a chart of account rule with conditions.C. Define an account rule with conditions.D. Define a lookup type rule with conditions.

Answer: C

 

NEW QUESTION 55
Which four components are related to the Accounting Hub?

A. Sub LedgersB. Financial ReportingC. Outbound IntegrationD. General LedgerE. Accounting Transformations

Answer: A,B,D,E

 

NEW QUESTION 56
Which role provides full access to perform all Functional Setup Manager-related activities?

A. Application Implementation ManagerB. IT Security ManagerC. Application Implementation ConsultantD. Accounting Hub Integration

Answer: C

 

NEW QUESTION 57
Given the business use case:
'New Trucks' runs a fleet of trucks in a rental business In the U.S. The majority of the trucks are owned; however, In some cases, 'New Truck' may procure other trucks by renting them from third parties to their customers. When trucks are leased, the Internal source code is 'L'. When trucks are owned, the internal source code is 'O'. This identifies different accounts used for the Journal entry. Customers sign a contract to initiate the truck rental for a specified duration period. The insurance fee is included in the contract and recognized over the rental period. For maintenance of the trucks, the "New Trucks* company has a subsidiary company 'Fix Trucks' that maintains its own profit and loss entity. To track all revenue, discounts, and maintenance expenses, 'New Trucks' needs to be able to view: total maintenance fee, total outstanding receivables, rental payment discounts, and total accrued and recognized insurance fee income. 'New Trucks' and' Fix Trucks' are located in the same country and share chart-of accounts and accounting conventions.
How many ledgers are required to be set up?

A. One primary, one repotting currency ledgerB. One primary, one secondary ledgerC. Two primary ledgersD. One primary ledger

Answer: D

 

NEW QUESTION 58
Your customer has decided to implement Accounting Hub to generate journal entries for one of their billing systems. They want to track the revenue amounts generated by each of the account managers.
What must they define to meet this requirement?

A. Description rule with Revenue Amount as a source.B. Supporting reference without balance using Account Manager as a source.C. Supporting reference with balance using Account Manager as a source.D. Description rule with Account Managers as a source.

Answer: C

 

NEW QUESTION 59
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