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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Source System Integration and Data Management | 25% | - Data upload and validation
|
| Topic 2: Implementation Best Practices and Maintenance | 10% | - Maintenance and troubleshooting
|
| Topic 3: Accounting Hub Overview and Architecture | 15% | - Accounting Hub architecture and core components
|
| Topic 4: Accounting and Reporting | 20% | - Accounting generation and posting
|
| Topic 5: Subledger Accounting Configuration | 30% | - Accounting methods and rules setup
|
Question 1
You are trying to explain to an accountant that account override is an adjustment feature of Subledger Accounting.
Which TWO traits can help you further explain this feature?
A. It is intended to correct only the subledger journals that have been posted
B. It allows users to record a reason for the adjustment
C. It provides an audit trail by preserving the original subledger journal entry
D. It adjusts the original source transaction
Question 2
In Functional Setup Manager, if setup data is segmented by a specific context, you can perform the setup task iteratively, such as assigning different ledger options to different primary ledgers.
Which action should you take to specify the context?
A. Select the value for Feature
B. Select the value for Functional Area
C. Select the value for Lookup Code
D. Select the value for Scope
Question 3
You are assigned to troubleshoot a Create Accounting error.
Which is the first step that you need to perform to use the Diagnostics Framework feature?
A. Run the Accounting Event Diagnostic report.
B. Run Create Accounting again to generate journal entries for the events that ended in error.
C. Submit the Accounting Event Diagnostic process.
D. Set the 'SLA: Enable Diagnostic' profile option.
Question 4
Your customer is engaged in the business of distributing different types of loans to their customers. They need to generate dynamic descriptions for journal lines based on the type of interest rates. The two types of interest rates are adjustable and fixed.
What would be your recommendation to the customer?
A. Set up separate description rules for adjustable and fixed rates
B. Set up separate journal line rules for adjustable and fixed rates
C. Set up a single description rule with conditions defined for two priorities, one for adjustable rates and the other for fixed rates
D. Define a separate journal entry rule set for each rate type
Question 5
Which two actions can you accomplish for a registered source system?
A. Modify the subledger application name as long as there are no pending accounting entries
B. Revise source Information through the user interface and add more sources
C. Add new event classes through the user interface
D. Import the source system registration spreadsheet template multiple times as long as there are no accounting rules created yet
Solutions:
| Question 1 Answer: B,C | Question 2 Answer: D | Question 3 Answer: D | Question 4 Answer: B,C | Question 5 Answer: B,D |
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