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Oracle 1Z0-1060-21 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Accounting Rule Configuration | - Configure and analyze accounting rules |
| Source System and Integration | - Update registered source systems - Register source systems and integration options |
| Functional Setup and Security | - Configure security roles and access - Use Functional Setup Manager |
| Reporting and Period Close | - Reporting and period close processes |
| Accounting, Reporting, Audit, and Reconciliation | - Analyze accounting, reporting, audit, and reconciliation requirements |
| Diagnostics | - Perform diagnostic and troubleshooting tasks |
| Transaction Lifecycle | - Analyze transaction type life cycle |
| Modeling Considerations | - Analyze modeling considerations |
| Adjust Journal Entries | - Manage and adjust journal entries |
| Transaction Data and Automation | - Understand transaction data and automation with web services |
Oracle Accounting Hub Cloud 2021 Implementation Essentials Sample Questions:
A customer has four external systems: Consumer Loan, Auto Loan, Home Loan and Insurance. Functional users are allowed to process and view transactions and accounting for all these systems.
Which two implementations allow similar accountingrules to be shared?
- A. One subledger for each source system.
- B. One subledger for all 4 source systems.
- C. One subledger for Consumer Loan and Auto Loan, and one subledger for HomeLoan and Insurance.
- D. One subledger for the 3 Loan systems and one subledger for Insurance.
Correct Answer: B,D 🗳️
While creating a journal entry rule set you are NOT able to use an account rule that was createdrecently.
Which two reasons can explain this?
- A. The account rule is defined with a different chart of accounts from the journal entry rule set.
- B. The account rule is defined with conditions that are not allowing the assignment.
- C. The account rule is using sources that have not been assigned to the same event class that is associated to the journal entry rule set.
- D. The account rule does not return any valid account value.
Correct Answer: A,C 🗳️
Given the journal:
What is the terminology that is used to identify the "Account Number', 'Original Balance' ,and 'Origination Date' fields?
- A. Attribute Identifier
- B. User Transaction Identifier
- C. System Identifier
- D. Source System Identifier
Correct Answer: A 🗳️
Which three duty roles are required to perform Accounting Hub setup tasks?
- A. Subledger Accounting Manager
- B. Accounting Hub Integration
- C. Accounting Hub Maintenance
- D. Accounting Hub Administration
- E. Application Implementation Consultant
Correct Answer: B,D,E 🗳️
What kind of sequence can be assigned to subledger journal entries at the time thatthe journal entries are created in final mode?
- A. Reporting Sequence
- B. Document Sequence
- C. Journal Entry Sequence
- D. Accounting Sequence
Correct Answer: D 🗳️
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