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Oracle 1Z0-1060-21 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Functional Setup and Security | - Configure security roles and access - Use Functional Setup Manager |
| Topic 2: Reporting and Period Close | - Reporting and period close processes |
| Topic 3: Accounting, Reporting, Audit, and Reconciliation | - Analyze accounting, reporting, audit, and reconciliation requirements |
| Topic 4: Diagnostics | - Perform diagnostic and troubleshooting tasks |
| Topic 5: Transaction Lifecycle | - Analyze transaction type life cycle |
| Topic 6: Accounting Rule Configuration | - Configure and analyze accounting rules |
| Topic 7: Adjust Journal Entries | - Manage and adjust journal entries |
| Topic 8: Transaction Data and Automation | - Understand transaction data and automation with web services |
| Topic 9: Source System and Integration | - Register source systems and integration options - Update registered source systems |
| Topic 10: Modeling Considerations | - Analyze modeling considerations |
Oracle Accounting Hub Cloud 2021 Implementation Essentials Sample Questions:
Question #1
How many transaction eventclasses can be set up for a subledger uploaded to Accounting Hub Cloud?
A. One
B. Three
C. Unlimited
D. Two
Question #2
Given the journal:
What is the terminology that is used to identify the "Account Number', 'Original Balance' ,and 'Origination Date' fields?
A. User Transaction Identifier
B. Source System Identifier
C. System Identifier
D. Attribute Identifier
Question #3
'Insurances for Homes' company provide home insurance service. They have in house built system that processes home insurance payments received from customers. The end result of the process consists of a listing ofindividual journal entries in a spreadsheet. They have requirements for getting all journal entries in a secure and auditable repository. Access will be limited to selective staff members. Additionally, be able to report and view the entries using an advanced reporting and analytical tools for slicing and dicing the Journal entries.
Insurance premium is to be recognized as income across the-coverage period of the insurance policy. How do you link the two journal lines in the recurring journal entries cases, so that these two journal lines are identified by the accounting process to create recurring Journal entries?
A. Multiperiod class
B. Accounting class
C. Recurring Journal class
D. Recognition Journal class
Question #4
What is the duty role that needs to be assigned for authorizing accounting processing in Accounting Hub Cloud?
A. Accounting Hub Create Accounting Duty Role
B. Accounting HubIntegration Duty Role
C. Accounting Hub Import Duty Role
D. Accounting Hub Create and Post Journal Entry Duty Role
Question #5
Which transaction source is used to link transaction header and line information?
A. Transaction Date
B. Transaction Type
C. Transaction Number
D. Transaction Key
Solutions:
| Question #1 Answer: A | Question #2 Answer: D | Question #3 Answer: A | Question #4 Answer: B | Question #5 Answer: C |
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