Achieve Your Goals with Real Oracle 1z0-1060-24 Exam Questions

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Oracle 1z0-1060-24 Exam Syllabus Topics:

Topic	Details
Topic 1	Updating Registered Source System: This section measures the skills of Systems Administrators in updating accounting attribute assignments, sources, and event types within registered source systems. It includes ensuring that all updates align with organizational standards. A key skill measured is maintaining accurate system configurations.
Topic 2	Describing Security: This section measures the skills of Security Administrators in explaining users and role-based access control within financial systems. It covers the security console's functionality to manage user permissions effectively. A key skill measured is implementing robust security measures for system access control.
Topic 3	Adjusting Journal Entries: This section measures the skills of Accountants in creating sub-ledger journals that include overrides and adjustments as necessary. It covers techniques for ensuring journal entries reflect true financial positions. A key skill measured is accurately adjusting journal entries to maintain integrity.
Topic 4	Automating Transaction Data with Web Service: This section measures the skills of Data Analysts in automating transaction data loading from spreadsheets or other sources while managing exceptions. It covers techniques for improving data entry efficiency.
Topic 5	Accessing Accounting, Reporting, Audit, and Reconciliation Requirements: This section targets Accounting Professionals and analyzes the requirements for accounting, reporting, auditing, and reconciliation related to transaction types. It emphasizes understanding compliance and accuracy in financial reporting. A critical skill assessed is evaluating audit and reconciliation needs thoroughly.
Topic 6	Analyzing and Creating Financial Reporting Structures and Ledgers: This section measures the skills of Financial Controllers in analyzing configuration requirements for legal entities, financial reporting structures, and ledgers. It includes understanding how to set up these structures to meet organizational needs. A key skill measured is designing effective financial reporting frameworks.

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Oracle Accounting Hub Cloud 2024 Implementation Professional Sample Questions (Q77-Q82):

NEW QUESTION # 77
Your client, a banking organization, has operations in the USA, the UK, France, Japan, and Singapore. As an implementation consultant, you ask the project team to maintain a global chart of accounts. However, the management team in the UK does not agree to allow the generation of dynamic code combinations for the chart of accounts values.
What solution would you propose to address this scenario?

A. Define one chart of accounts structure and disable dynamic inserts for the UK ledger by using the "Allow Dynamic Inserts" profile option
B. Define two chart of accounts structure instances. Enable dynamic inserts for the first structure instance and disable it for the second one. Assign the first chart of accounts structure instance to the USA, France, Japan, and Singapore ledgers and the second chart of accounts structure instance to the UK ledger.
C. Define two charts of accounts structures. Enable dynamic inserts for the first structure and disable it for the second one. Assign the first structure to the USA, France, Japan, and Singapore ledgers and the second structure to the UK ledger.
D. Define one chart of accounts structure and enable dynamic inserts for the USA, France, Japan, and Singapore at the ledger options level, but disable it for the UK ledger

Answer: A

NEW QUESTION # 78
Your customer needs to generate journal entries for the insurance premium collected from the sale of policies. The different components of the premium collected by the company include Basic Premium and Tax.
While uploading the transaction details containing both Basic Premium and Tax amounts, which transaction source would you use to link the transaction header and line information?

A. Document Sequence Number
B. Transaction Type
C. Document Key
D. Transaction Number

Answer: D

NEW QUESTION # 79
Which three duty roles are required to perform Accounting Hub setup tasks?

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

Answer: A,B,C

NEW QUESTION # 80
Your customer wants to enter subledger journals in adjusting periods using the ADFDi spreadsheets.
Which TWO statements are true about entering journals in adjusting periods?

A. Defaulted Period can be overwritten
B. Defaulted Period cannot be overwritten
C. If the accounting date falls in both the non-adjustment and adjustment periods, the value of the accounting period in the Journal Entry page defaults to the adjustment period
D. If the accounting date falls in both the non-adjustment and adjustment periods, the value of the accounting period in the Journal Entry page defaults to the non-adjustment period

Answer: A,D

NEW QUESTION # 81
Your client, a banking organization, is currently using different transaction systems to take care of various types of loans, including vehicle loans, personal loans, education loans, and housing loans.
You recently uploaded the source system data that includes Loan Origination, Loan Interest Accrual, Loan Scheduled Payment, Loan Interest Adjusted, Loan Late Payment, and Loan Charge Off as event types.
Now the customer has asked you to add another transaction type called Loan Interest Accrual Reversal.
What should be your response to the customer?

A. The source system should be registered again by including the Loan Interest Accrual Reversal event type.
B. Loan Interest Accrual Reversal can be added as a new event type from the user interface.
C. Loan Interest Accrual Reversal can be added as a new event type by using the update spreadsheet template.
D. A new transaction type cannot be added after the source system is registered.

Answer: B

NEW QUESTION # 82
......

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Achieve Your Goals with Real Oracle 1z0-1060-24 Exam Questions

Oracle 1z0-1060-24 Exam Syllabus Topics:

Reliable 1z0-1060-24 Braindumps Questions - Test 1z0-1060-24 Assessment

Oracle Accounting Hub Cloud 2024 Implementation Professional Sample Questions (Q77-Q82):

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