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NEW QUESTION 48
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.
What wil the typical transaction information be at the header level?

• A. Amount
• B. Line Type
• C. Customer Number
• D. Currency

Answer: C

NEW QUESTION 49
Given the journal:

What is the terminology that is used to identify the "Account Number', 'Original Balance' ,and 'Origination Date' fields?

• A. User Transaction Identifier
• B. Attribute Identifier
• C. Source System Identifier
• D. System Identifier

Answer: A

NEW QUESTION 50
Which three duty roles are required to perform Accounting Hub setup tasks?

• A. Accounting Hub Maintenance
• B. Subledger Accounting Manager
• C. Application Implementation Consultant
• D. Accounting Hub Integration
• E. Accounting Hub Administration

Answer: B,C,D

NEW QUESTION 51
Given the business use case:
'Insurances for Homes' company provides home insurance services. They have an in-house built system that processes insurance payments received from customers. The end result of the process consists of a listing of individual journal entries in a spreadsheet. They have requirements for getting all Journal entries in a secure and auditable repository. Access will be limited to selective staff members. Additionally, the company need to be able to report and view the entries using advanced reporting and analytical tools for segmenting, viewing and understanding data in the journal entries.
The line information may contain more than one line for the same header.
When uploading transactions, which is a way to differentiate each Journalline?

• A. Assign an accounting attribute.
• B. Assign a custom formula.
• C. You do not need to do anything additional.
• D. Assign a line classification or line type attribute.

Answer: C

NEW QUESTION 52
......

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