Oracle 1Z0-1060-21 Exam : Oracle Accounting Hub Cloud 2021 Implementation Essentials

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Oracle 1Z0-1060-21 Exam Syllabus Topics:

Oracle Accounting Hub Cloud 2021 Implementation Essentials Sample Questions:

1. Where do you define the currency conversion type to be used in converting accountedamount for reporting currency ledger?

A) Manage Subledger Accounting Options
B) Manage Reporting Currencies
C) Specify Ledger Options
D) Manage Accounting Attribute Assignments

2. What is the recommended approach for a use case in which some parts of the transaction data must be processed before uploading them to Accounting Hub Cloud?

A) Use Oracle OTBI tool.
B) Use Oracle ERP Integration tool.
C) Use a web service tool.
D) Use PaaS tools, for example, ICS - to perform ETL tasks.

3. There is a business requirement to display supporting information with some text and source value at the journal line level that will vary depending on theentered amounts for the line.
What is the solution to implement this requirement?

A) define line description rule with condition
B) define journal line rules with conditions
C) define user transaction lineidentifier
D) define journal entry rule set with condition

4. Which two actions can you accomplish for a registered source system?

A) Modify the subledger application name as long as thereare no pending accounting entries.
B) Add new event classes through the user interface.
C) Revise source Information through the user interface and add more sources.
D) Import the source system registration spreadsheet template multiple times as long as there are no accounting rules created yet.

5. After registering a new source system into Accounting Hub and going live for a short period, your customer identified the need to add additional transaction sources. What should you do?

A) Register another source system that includes these new transaction sources.
B) Add new transaction sources in the current source system registration spreadsheet and re-upload the spreadsheet file.
C) Tell them thiscannot be implemented.
D) Add new transaction sources from the user interface.

Solutions: