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Oracle 1Z0-1060-20 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Configuration and Setup | - Initial setup tasks
|
| Topic 2: Accounting Rules and Mapping | - Accounting rule definition
|
| Topic 3: Accounting Hub Cloud Overview | - Architecture and key components
|
| Topic 4: Data Integration and Processing | - Transaction processing
|
| Topic 5: Implementation and Administration | - Deployment and maintenance
|
| Topic 6: Reporting and Reconciliation | - Financial reporting outputs
|
Oracle Accounting Hub Cloud 2020 Implementation Essentials Sample Questions:
Question 1
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 the entered amounts for the line.
What is the solution to implement this requirement?
A. define journal line rules with conditions
B. define line description rule with condition
C. define journal entry rule set with condition
D. define user transaction line identifier
Question 2
What is a user job role data context assignment?
A. Security privileges assignment to a user job role
B. Security data role context assignment to a user job role
C. Duty role context assignment to a user
D. Security data access context assignment to a user job role
Question 3
Given the business requirement in the use case:
'New Trucks' runs a fleet of trucks in a rental business In the U.S. The majority of the trucks are owned; however, in some cases, 'New Truck' may procure other trucks by renting them from third parties to their customers. When trucks are leased, the internal source code is 'L'. When trucks are owned, the internal source code is 'O'. This identifies different accounts used for the Journal entry. Customers sign a contract to initiate the truck rental for a specified duration period. The insurance fee is included in the contract and recognized over the rental period. For maintenance of the trucks, the "New Trucks* company has a subsidiary company
'Fix Trucks' that maintains its own profit and loss entity. To track all revenue, discounts, and maintenance expenses, 'New Trucks' needs to be able to view: total maintenance fee, total outstanding receivables, rental payment discounts, and total accrued and recognized insurance fee income.
What are the key transaction types mentioned in the use case?
A. Purchase Trucks and Pay Out Trucks
B. Initiate Truck Rentals Contract and Pay Truck Maintenance
C. Pay Insurance and Control Truck Services
D. Purchase Trucks and Deploy Trucks
Question 4
Where do you define the currency conversion type to be used in converting accounted amount for reporting currency ledger?
A. Manage Subledger Accounting Options
B. Manage Reporting Currencies
C. Specify Ledger Options
D. Manage Accounting Attribute Assignments
Question 5
After supporting references balances setup component is tagged to subledger journal entries, what type of reports need to be created so that the information is available to users?
A. a Smart View Report
B. an Oracle Transactional Business Intelligence analysis
C. a predefined Oracle Business Intelligence Publisher report
D. an Oracle Financial Reporting Studio report
Solutions:
| Question 1 Answer: B | Question 2 Answer: D | Question 3 Answer: B | Question 4 Answer: B | Question 5 Answer: B |
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