Online Access Free 1z0-1060-25 Exam Questions

Your customer needs to generate journal entries for the insurance premium collected from the sale of policies.
The different components of the premium collected by the company include Basic Premium and Tax.
While uploading the transaction details containing both Basic Premium and Tax amounts, which transaction source would you use to link the transaction header and line information?

• A.Transaction Number
• B.Document Sequence Number
• C.Document Key
• D.Transaction Type

The Unified Migration option helps move functional setup data from one instance to another.
Which TWO statements are true about Unified Migration?

• A.You can optionally migrate only the new changes if both environments are synchronized
• B.You need to manually download the configuration set from the source and manually upload it into the target
• C.The Unified Migration option requires registration of the target environment in the source environment
• D.There is no need to import the migration set into a sandbox instance before it is applied to the target environment

You are tasked with troubleshooting a Create Accounting error.
What is the first step you need to take to use the Diagnostics Framework features?

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

Your customer has four external systems to manage their home loan, auto loan, consumer loan, and personal loan businesses. They have decided to implement Accounting Hub to import the transactional data for generating journal entries from these source systems. While evaluating different possibilities, they ask you to provide your suggestion on sharing accounting rules for these external systems.
Which implementation setup allows the sharing of accounting rules for all four external systems?

• A.Three subledgers, one for home loan and auto loan, the second for consumer loan, and the third for personal loan
• B.One subledger for all four source systems
• C.Four subledgers, one for each source system
• D.Two subledgers, one for home loan and auto loan and another for consumer loan and personal loan

Apart from a mapping set-based account rule, which is the other way to retrieve segment values for journal entries?

• A.Define a lookup type rule with conditions
• B.Define an account rule with conditions
• C.Define a flexfield rule with conditions
• D.Define a chart of accounts rule with conditions