Oracle 1Z0-1060-20 : Oracle Accounting Hub Cloud 2020 Implementation Essentials

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Oracle 1Z0-1060-20 Exam Syllabus Topics:

Oracle Accounting Hub Cloud 2020 Implementation Essentials Sample Questions:

1. What is NOT included in the minimum required accounting attribute assignments?

A) First Distribution Identifier
B) Distribution Type
C) Accounting Date
D) Second Distribution Identifier

2. While creating a journal entry rule set you are NOT able to use an account rule that was created recently.
Which two reasons can explain this?

A) The account rule does not return any valid account value.
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 is defined with a different chart of accounts from the journal entry rule set.

3. 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 accounting rules to be shared?

A) One subledger for the 3 Loan systems and one subledger for Insurance.
B) One subledger for Consumer Loan and Auto Loan, and one subledger for Home Loan and Insurance.
C) One subledger for each source system.
D) One subledger for all 4 source systems.

4. 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) Tell them this cannot be implemented.
B) Register another source system that includes these new transaction sources.
C) Add new transaction sources in the current source system registration spreadsheet and re-upload the spreadsheet file.
D) Add new transaction sources from the user interface.

5. Which three duty roles are required to perform Accounting Hub setup tasks?

A) Accounting Hub Administration
B) Accounting Hub Maintenance
C) Accounting Hub Integration
D) Application Implementation Consultant
E) Subledger Accounting Manager

Solutions: