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| Section | Weight | Objectives |
|---|---|---|
| Implementation and Security | 10% | - Implementation lifecycle - Troubleshooting and best practices - Role-based access control |
| Accounting Rules Configuration | 30% | - Event model and event classes/types - Account rules and mapping sets - Supporting references and accounting methods - Description and journal line rules |
| Accounting Hub Overview | 10% | - Subledger Accounting (SLA) overview - Business benefits and use cases - Architecture and core concepts |
| Reporting and Inquiry | 15% | - Accounting Hub reports and dashboards - Journal inquiry and drill-down - Reconciliation and diagnostics |
| Transaction Processing | 15% | - Transaction validation and error handling - Create Accounting process - Transfer to General Ledger |
| Source System Integration | 20% | - File-based data import and mapping - Define transaction objects and attributes - Register source systems |
Which is used to track a specific transaction attribute on subledger journal entries?
Correct Answer: C 🗳️
What is NOT included in the minimum required accounting attribute assignments?
Correct Answer: B 🗳️
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.
How do you calculate discounts for use in the accounting rule?
Correct Answer: B 🗳️
A customer's business requirement demands a more granular view of transferred subledger journal entries in GL.
Which of the available General Ledger Journal Entry Summarization options meets this requirement?
Correct Answer: B 🗳️
Given the subledger journal entry:
Note that the first segment is the primary balancing segment.
Which statement is True regarding this subledger journal entry?
Correct Answer: A 🗳️
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