Online Access Free 1z1-975 Practice Test

What is the recommended approach for a use case in which some parts of the transaction data must be processed before uploading them to Accounting Hub Cloud?

• A.Use a web service tool.
• B.Use PaaS tools, for example, ICS - to perform ETL tasks.
• C.Use Oracle OTBI tool.
• D.Use Oracle ERP Integration tool.

Given the business use case:
'New Trucks' runs a fleet of trucks in a rental business In the U.S. The majority 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.
What would thetypical line information be?

• A.Company
• B.Truck Type
• C.Customer Number
• D.Transaction Date

While creating a journal entry rule set you are NOT able to use an account rule that was createdrecently.
Which two reasons can explain this?

• A.The account rule is using sources that have not been assigned to the same event class that is associated to the journal entry rule set.
• B.The account rule does not return any valid account value.
• C.The account rule is defined with conditions that are not allowing the assignment.
• D.The account rule is defined with a different chart of accounts from the journal entry rule set.

You have been assigned to troubleshoot a Create Accounting error.
What is the first step you need to take to use the diagnostics framework features?

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

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