Choose 1D0-1057-25-D most accurate study material

Your customer accounts revenue based on, product class category. Because all your customer's projects are funded by private and government institutions, they decide to classify all projects based on their funding source to accurately report on revenue in General Ledger. Accordingly, you create a new class category "Funding Source" and assign it to all projects. However, you notice that the accounting is still happening based on product class category. Identify the reason for this problem. (Choose the best answer.)

• A. Funding source class category is not enabled for 'available as accounting source'.
• B. Funding source class category is enabled for "available as accounting source".
• C. Product class category is not enabled for "available as accounting source".
• D. Funding source class category is assigned to all project types.

Your customer has different accounting and project accounting periods, and sometimes enters invoices with an invoice date in the open project accounting and closed accounting periods. Which two statements are true about how project accounting and accounting dates will be populated in such invoices? (Choose two.)

• A. Project accounting date is the last day of the open project accounting period.
• B. Project accounting date is the first day of the first open project accounting period.
• C. Project accounting date is the same as the original invoice date.
• D. Accounting date is the first day of the first open accounting period.
• E. Accounting date is the same as the original invoice date.

Your customer wants to assign the Net 45 payment term to all sets except for the corporate business unit specific set, which is assigned the Net 15 payment term. At transaction entry, the list of values for payment terms consists of only one set of data: the set that is assigned to the transaction's business unit.
Which reference data sharing method would you set up to meet the customer requirement? (Choose the best answer.)

• A. assignment to one set only with common values
• B. assignment to multiple sets; common values allowed
• C. assignment to one set only; no common values allowed
• D. assignment to multiple sets; no common values allowed

Your organization has decided to enable the common accounting and project accounting periods option while defining business unit implementation options.
Where will you maintain the accounting period statuses if this option has been enabled?

• A. General Ledger
• B. Project Costing
• C. Subledger Accounting
• D. Project Foundation

Your customer wants additional project information for detailed account balance maintenance, reconciliation, and reporting. Identify the configuration in subledger accounting that can be set up to fulfill this requirement. (Choose the best answer.)

• A. Accounting Rule
• B. Mapping Sets
• C. Journal Rules
• D. Supporting Reference
• E. Accounting Method