Which predefined role allows a user to manage the period close activities in the General Ledger (GL) application?
Show answer and explanation
Correct answer: D
1Z0-1060-24 Real Exam Questions
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Which predefined role allows a user to manage the period close activities in the General Ledger (GL) application?
Correct answer: D
To create journal entries, the Create Accounting process takes source data used in accounting rules from tables or views.
What are the tables or views called?
Correct answer: C
NO: 5:
Your client is involved in the sale of health, vehicle, and home insurance services. Currently, they process their transactions in a source system. You have been appointed as a consultant to implement Accounting
Hub Cloud and standardize their accounting process. You decide to register their source system as a single application in Accounting Hub Cloud.
How many event classes will be generated by the system while registering the source system?
Correct answer: C
A manual subledger journal did not reverse.
What could be the reason for this?
Correct answer: D
The Insurance for Homes company provides home insurance services in the USA, the UK, France, and Italy. It is headquartered in the USA. The entities in the UK, France, and Italy are subsidiaries of the USA entity.
The company decides to configure four primary ledgers, one each for the USA, the UK, France, and Italy.
It also plans to configure three secondary ledgers under the UK, France, and Italy primary ledgers.
Which TWO statements are true about setting up secondary ledgers?
Correct answers: A, B
Which TWO privileges are recommended while enabling Audit History on several key business objects?
Correct answers: B, C
In Functional Setup Manager, if setup data is segmented by a specific context, you can perform the setup task iteratively, such as assigning different ledger options to different primary ledgers.
Which action should you take to specify the context?
Correct answer: D
Which three duty roles are required to perform Accounting Hub setup tasks?
Correct answers: B, C, D
Your client deals in Banking, Insurance, and Stock Trading. They have separate transaction systems to process their transactions. You have been appointed as a consultant to implement Accounting Hub Cloud to streamline and standardize the accounting process for each of the source systems.
The client wants to generate the following accounting entries:
1. Banking-related transactions on a daily basis
2. Stock trading transactions on alternate days
3. Insurance transactions on a weekly basis
Considering the nature of business, frequency of generating accounting entries, and the load on the system, how many source systems would you suggest?
Correct answer: D
You have recently created an analysis to review periodic revenue amounts using Smart View. Your customer wants to use the drill-through option to get more details about the balances appearing in the analysis.
Which two drill-through options are available for use?
Correct answers: A, B