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1. 'Insurances for Homes' company provide home insuranceservice. They have in-house built system that processes home insurance payments received from customers. The end result of the process consists of a listing of individual journal entries in a spreadsheet. They have requirements for getting all journal entries in a secure and auditable repository. Access will be limited to selective staff members. Additionally, be able to report and view the entries using an advanced reporting and analytical tools for slicing and dicing the journal entries.
Insurance premiumIs to be recognized as income across the coverage period of the insurance policy. What are the two types of journal lines that need to be set up to generate recurring journal entries for insurance premium in each accounting period?

A) Deferral and Recognition
B) Offsets and Recognition
C) Multiperiod and Recognition
D) Reversal and Recognition

2. You are implementing Fusion Accounting Hub for your external Accounts Receivables system. The external system sends invoices billed and cash receipts in a flat file, along with the customer classificationinformation.
You want the accounting amounts to be tracked by customers too but you do not want to add a Customer segment to your chart of accounts.
What is the solution?

A) Use the Third Party Control Account feature.
B) Use the Open Account Balances Listing report that has balances by customer.
C) Capture customer information as the source and develop a custom report using Online Transactional Business Intelligence (OTBI).
D) Use Supporting References to capture customer classification information.

3. Which four options are used to reconcile subledger journal entries?

A) Run the Subledger Accounting Method Setups report.
B) Set up reconciliation using the reconciliation reference accounting attribute.
C) Build a custom OTBIreport.
D) Tag supporting references with journal entry lines.
E) Assign a descriptive text and source on journal lines.
F) Run the Subledger Accounting Diagnostics report.

4. What are the tables or views from which the CreateAccounting process takes source data that is used in accounting rules to create journal entries referred to as?

A) Transaction objects
B) Event entities
C) Source objects
D) Mapping sets

5. What is the duty role that needs to be assigned for authorizing accounting processing in Accounting Hub Cloud?

A) Accounting Hub Create Accounting Duty Role
B) Accounting Hub Create and Post Journal Entry Duty Role
C) Accounting Hub Import Duty Role
D) Accounting HubIntegration Duty Role

問題與答案：