Online Access Free 1Z0-1019 Exam Questions

Which two actions can you accomplish for a registered source system?

• A.Revise source Information through the user interface and add more sources.
• B.Import the source system registration spreadsheet template multiple times as long as there are no accounting rules created yet.
• C.Add new event classes through the user interface.
• D.Modify the subledger application name as long as there are no pending accounting entries.

You have been assigned to troubleshoot a Create Accounting error.
What is the first step you need to take to use the diagnostics framework features?

• A.Set the "SLA: Diagnostics Enabled" profile option.
• B.Run Create Accounting again to generate journal entries for the events that ended in error.
• C.Run the Accounting Events Diagnostic Report.
• D.Submit the Accounting Event Diagnostics process.

You have created a description rule. When you try to select this description rule to be displayed as a header description rule in a journal entry rule set, you are not able to find this rule in the list of values.
What is the possible reason for NOT finding the rule?

• A.The rule is built using a value set source.
• B.The rule is built using a custom source.
• C.The rule is built using a line level source.
• D.The source does not return any value; therefore the rule is not displayed.

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?

• A.Use custom formulas
• B.Use flexfield
• C.Use mapping set rules
• D.Use analytical calculations

A customer has a business requirement to provide additional information about subledger Journals that cannot be found in a predefined report.
How can you meet this requirement?

• A.Create a Smart View report using the query designer feature.
• B.Use either Account Monitor or Account Inspector to get required Information.
• C.Build a Financial Reporting Studio report that includes all dimensions.
• D.Build an OTBI analysis that includes a relevant subject area.