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Oracle 1Z0-1060-21 Actual Tests : Oracle Accounting Hub Cloud 2021 Implementation Essentials
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Oracle 1Z0-1060-21 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Accounting Rule Configuration | - Configure and analyze accounting rules |
| Transaction Lifecycle | - Analyze transaction type life cycle |
| Transaction Data and Automation | - Understand transaction data and automation with web services |
| Source System and Integration | - Register source systems and integration options - Update registered source systems |
| Adjust Journal Entries | - Manage and adjust journal entries |
| Functional Setup and Security | - Use Functional Setup Manager - Configure security roles and access |
| Accounting, Reporting, Audit, and Reconciliation | - Analyze accounting, reporting, audit, and reconciliation requirements |
| Reporting and Period Close | - Reporting and period close processes |
| Modeling Considerations | - Analyze modeling considerations |
| Diagnostics | - Perform diagnostic and troubleshooting tasks |
Oracle Accounting Hub Cloud 2021 Implementation Essentials Sample Questions:
Which two actions can you accomplish for a registered source system?
- A. Add new event classes through the user interface.
- B. Modify the subledger application name as long as thereare no pending accounting entries.
- C. Import the source system registration spreadsheet template multiple times as long as there are no accounting rules created yet.
- D. Revise source Information through the user interface and add more sources.
Correct Answer: C,D 🗳️
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 Open Account Balances Listing report that has balances by customer.
- B. Capture customer information as the source and develop a custom report using Online Transactional Business Intelligence (OTBI).
- C. Use the Third Party Control Account feature.
- D. Use Supporting References to capture customer classification information.
Correct Answer: D 🗳️
What kind of sequence can be assigned to subledger journal entries at the time thatthe journal entries are created in final mode?
- A. Accounting Sequence
- B. Document Sequence
- C. Journal Entry Sequence
- D. Reporting Sequence
Correct Answer: A 🗳️
What is the duty role that needs to be assigned for authorizing accounting processing in Accounting Hub Cloud?
- A. Accounting Hub Import Duty Role
- B. Accounting Hub Create and Post Journal Entry Duty Role
- C. Accounting HubIntegration Duty Role
- D. Accounting Hub Create Accounting Duty Role
Correct Answer: C 🗳️
What are all the tabs that areavailable to be completed in the Register Source System spreadsheet?
- A. Source System and Line Information
- B. Source System
- C. Source System and Transaction Information
- D. Source System, Transaction Information, and Line Information
Correct Answer: D 🗳️
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