Question 1

Your client hasaccounting rules that need specific customization. Which two options allow them to accomplish this"1

Options :

A : Copy and rename predefined subledger journal entry rule sets before modifying them.

B : Use a different journal entry rule set for each ledger with a different accounting convention.

C :

The subledger journal entry rule set does not need the same accounting event class as the accounting method.

D : Journal entry rule sets do not require accounting rules.

E :

The subledger journal entry rule set does not needthe same accounting event type as the accounting method.

Answer: A,B

Question 2

Your client needs to import the relevant transactions and tax determinants for their expense items into ReceiptAccounting. What is the correct sequence of processes to accomplish this?

Options :

A : Transfer Transactions from Receiving to Costing, Transfer Costs to Cost Management

B : Transfer Transactions from Receiving to Costing, Transfer Transactions from Inventory to Costing

C : Transfer Costs to Cost Management, Transfer Transactions from Receiving to Costing

D : Transfer Transactions from Inventory to Costing, Transfer Costs to Cost Management

E : Transfer Costs to Cost Management, Transfer Transactions from Inventory to Costing

Answer: A

Question 3

Select the two valid relationships between subledger components.

Options :

A : The accounting method holds the accounting rules by Event Class andEvent Type.

B : The journal lines hold the journal entry rule sets.

C : The accounting method groups journal entry rule sets by Event Class and Event Type.

D : Journal entry rules are used to hold accounting rules.

E : Journal entry rule sets hold journal rules and accounting rules.

Answer: C,E

Question 4

Which two rules determine whether a condition has been met for accounting rules?

Options :

A : When the condition is met, the rule associated with thatpriority is used.

B : Priorities determine the order in which accounting rule conditions are examined.

C : The conditions are evaluated in the sequence they are defined in the accounting rule.

D : After all conditions are tested, the final resulting value isused.

E : Use parenthesis to control the order of the condition evaluation.

Answer: A,B

Question 5

You are trying to import the purchase order information into Receipt Accounting in the Schedule Process work area. Why can't you see this process?

Options :

A : Purchase order information is automatically sent to Receipt Accounting using a real-timemethod

B : This process can only be scheduled and run from the Receipt Accounting work area

C : You do not have the role to import purchase order information into Receipt Accounting.

D :

All purchase order information is included in the Transfer Transactionsfrom Receiving to Costing process. There is no separate process

E : Purchase order information should not be imported into Receipt Accounting.

Answer: D

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