Online Access Free 1z0-987 Practice Test

You have finished creating your sub ledger journal entry rule sets and see that they are still in the incomplete status. Which two steps will ensure that the journal entries are generated?

• A.Run the "Activate Accounting Methods" process.
• B.Add the sub ledger journal entry rule sets to the Manage Journal Entry Rule Set task
• C.Validate the sub ledger journal entry rule sets using Validate Journal Entry Rule Set.
• D.Add the sub ledger journal entry rule sets to the Manage Accounting Methods task.
• E.Run the "Activate Sub ledger Journal Entry Rule Set Assignments" process.

Your client wants to turn on summary for GL posting, but they want the Subledger Accounting to contain every transaction unsummarized for detailed analysis and drill down.
How do you accomplish this?

• A.Extract distribution accounting entries.
• B.Turn off merge matching lines in the journal line rule.
• C.Write a custom report.
• D.Turn on detailed posting for GL in the ledger setup.
• E.Turn off the summarize flag in the journal line rule.

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?

• A.This process can only be scheduled and run from the Receipt Accounting work area
• B.Purchase order information is automatically sent to Receipt Accounting using a real-time method
• C.Purchase order information should not be imported into Receipt Accounting.
• D.You do not have the role to import purchase order information into Receipt Accounting.
• E.All purchase order information is included in the Transfer Transactions from Receiving to Costing process. There is no separate process.

You need to simulate and estimate landed cost charges associated with purchase order receipts of material.
What must you create to make this possible?

• A.Routes
• B.Cost Scenario
• C.Charge Name
• D.Trade Operation
• E.Orders

An invoice is created in a foreign currency. The invoice is not paid until several weeks later. By then, the currency conversion rate has changed.
How do you get the journal line rule to calculate the gain or loss?

• A.Create a secondary ledger to track gain/loss.
• B.Create a foreign reporting currency to track gain/loss.
• C.Subledger Accounting is already set up to process it.
• D.Turn on the Subledger Gain or Loss Option.