Online Access Free 1Z0-1019 Exam Questions

To support foreign currency transaction in Accounting Hub, which accounting attributes must be assigned a source?

• A.Conversion date and conversion rate
• B.Conversion type
• C.Conversion type and conversion date
• D.Conversion type, conversion date and conversion rate

What attribute of a subledger journal entry is NOT transferred to GL?

• A.Accounting class
• B.Supporting references
• C.Accounting lines
• D.Accounted amounts

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

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

'Insurances for Homes' company provide home insurance service. They have in-house built system that processes home 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, be able to report and view the entries using an advanced reporting and analytical tools for slicing and dicing the Journal entries.
Which is a correct example for a formula to prorate amounts evenly across each period? Note that the NumberofGLPeriod is a predefined function that returns the number of non adjustment accounting periods between two dates.

• A."Amount" *( NumberofGLPeriod ("Effective Date", "Last Day of Current Accounting Period") + 1)/ (NumberofGLPeriod ("Effective Date", "Expiiy Date") + 1)
• B."Amount" * ("Last Day ol Current Accounting Period" - "Effective Date" + 1) / (("Expiry Date" "Effective Date") + 1)
• C."Amount" * NumberofGLPeriod ("Effective Date", "Last Day of Current Accounting Period") / NumberofGLPeriod ("Effective Date", 'Expiry Date")
• D."Amount" - ("Last Day of Current Accounting Period" - "Effective Date" ) / ("Expiry Date" -"Effective Date")

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