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.
How do you set up an account rule that is based on leased and owned trucks?

• A. Set up a mapping set rule.
• B. Set up a value set rule.
• C. Set up a lookup value.
• D. Set up an account source in the source system file and derive the value.

What is NOT included in the minimum required accounting attribute assignments?

• A. First Distribution Identifier
• B. Second Distribution Identifier
• C. Accounting Date
• D. Distribution Type

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. 'New Trucks' and' Fix Trucks' are located in the same country and share chart-of accounts and accounting conventions.
How many ledgers are required to be set up?

• A. One primary, one repotting currency ledger
• B. Two primary ledgers
• C. One primary ledger
• D. One primary, one secondary ledger

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

• A. Source objects
• B. Mapping sets
• C. Event entities
• D. Transaction objects

Invoices received from a source system need to use a specific account based on 30 different expense types.
However, if the invoice is from a certain supplier type, it needs to go to a default account regardless of the expense type.
What is the solution?

• A. Create an account rule with 31 rule elements using one condition for each expense type and another for supplier type.
• B. Create two journal line rules with a condition of supplier type.
• C. Create a 30 account combination rule with a condition of expense type.
• D. Create an account rule with three rule elements using one for expense type mapping, one for condition of supplier type, and the other one without any condition.