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ECCouncil C1000-047 - IBM Watson IoT Maximo Solutions Architect V1 Braindumps

IBM C1000-047 - IBM Watson IoT Maximo Solutions Architect V1 Braindumps

  • Certification Provider:IBM
  • Exam Code:C1000-047
  • Exam Name:IBM Watson IoT Maximo Solutions Architect V1 Exam
  • Total Questions:765 Questions and Answers
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NEW QUESTION: 1
Identify the three true statements about accounts and account types.
A. Account types tell FM how the child account should aggregate to the parent.
B. Base level accounts do not automatically roll up to parents; business rules are required.
C. Children cannot inherit the account type of their parent unless specifically defined by the administrator.
D. Account types tell FM how the account balances should accumulate over time.
E. Financial Management provides predefined account types such as Asset, Revenue, Flow, Balance, and Dynamic.
Answer: A,D,E
Explanation:
"Each account has an account type. Account types determine how child accounts are aggregated to parent accounts and how account balances accumulate over time."
Above is an explanation about account types directly from the HFM Admin guide published by Oracle.
Additionally, this is true because Asset and Liability account types are balance sheet accounts and they represent a balance at a point in time. So, whether you look at the amount in these accout types as periodic, QTD or YTD, the value is the same as it is not a cumlative amount.
The Revenue and Expense account types are income statement accounts and therefore the QTD and YTD amounts are an accumulation of the Periodic amounts.

NEW QUESTION: 2
CDs typically require a minimum deposit of at least ________ US, and often require at least ________ US.
A. $500, $10,000
B. $1000, $5000
C. $1000, $10,000
D. $500, $5000
Answer: C

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