Online Access Free 1Z0-1060-21 Exam Questions

What are all the tabs that areavailable to be completed in the Register Source System spreadsheet?

• A.Source System and Line Information
• B.Source System and Transaction Information
• C.Source System
• D.Source System, Transaction Information, and Line Information

Given the business use case:
'New Trucks' runs a fleet of trucks in a rental business In the U.S. Themajority 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 pass the calculated value for discount amounts in accounting rules to the corresponding journal line?

• A.Assign it to an accounting method.
• B.Assign it to an account rule.
• C.Assign it to an accounting attribute.
• D.Assign it to a transaction type.

Given the subledger journal entry:

Note that the first segment is the primary balancing segment.
Which statement is True regarding this subledger journal entry?

• A.It is not balanced by entered currency.
• B.It appears correct.
• C.It is notbalanced by balancing segment.
• D.It is not balanced by entered amounts.

A customer's business requirement demands a more granular view of transferred subledger journal entries in GL.
Which of the available General LedgerJournal Entry Summarization options meets this requirement?

• A.Transfer in Details
• B.Group by GL Date
• C.Summarize by GL Date
• D.Summarize by GL Period

The new billing source system has been registered into Accounting Hub Cloud. The subledger is in active state. At a later date, the business decides to bring in another legacy system (for example, a payment system) for accounting in Accounting Hub.
What two options do you have?

• A.Add this as a new transaction type into existing registered subledger from the user interface.
• B.Change the transaction data file.
• C.Register it as a new source system.
• D.Add this as a new transaction typo into existing subledger registration spreadsheet template.