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Oracle 1Z0-1060-21 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Configure Accounting Rules | 20% | |
| Modeling Considerations | 10% | |
| Upload Transaction Data and Adjust Journal Entries | 10% | |
| Analyze Transaction Type Life Cycle | 15% | |
| Register and Update Source Systems | 15% | |
| Reporting, Auditing and Diagnostics | 10% | |
| Analyze Accounting, Reporting, Audit and Reconciliation Requirements | 20% |
Oracle Accounting Hub Cloud 2021 Implementation Essentials Sample Questions:
1. To support foreign currency transaction in Accounting Hub, which accounting attributes must be assigned a source?
A) Conversion type
B) Conversion date and conversion rate
C) Conversiontype and conversion date
D) Conversion type, conversion date and conversion rate
2. 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 all 4 source systems.
B) One subledger for each source system.
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.
3. Which three are mandatory transaction source information?
A) Ledger Name
B) Distribution Link
C) Transaction Line
D) Transaction Date
E) Transaction Number
4. What automation option is NOT available when uploading transaction data to Accounting Hub Cloud?
A) Oracle UCM Web Services
B) Oracle Virtual Web Center Services
C) Oracle Web Center Content Client Command line tool
D) ERP Integration Service
5. Which three duty roles are required to perform Accounting Hub setup tasks?
A) Accounting Hub Integration
B) Subledger Accounting Manager
C) Application Implementation Consultant
D) Accounting Hub Administration
E) Accounting Hub Maintenance
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: A,D | Question # 3 Answer: A,D,E | Question # 4 Answer: B | Question # 5 Answer: A,C,D |
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