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Oracle 1Z0-1060-20 Exam Syllabus Topics:

Oracle Accounting Hub Cloud 2020 Implementation Essentials Sample Questions:

1. Which two actions can you accomplish for a registered source system?

A) Revise source Information through the user interface and add more sources.
B) Import the source system registration spreadsheet template multiple times as long as there are no accounting rules created yet.
C) Add new event classes through the user interface.
D) Modify the subledger application name as long as there are no pending accounting entries.

2. What is the duty role that needs to be assigned for authorizing accounting processing in Accounting Hub Cloud?

A) Accounting Hub Integration Duty Role
B) Accounting Hub Import Duty Role
C) Accounting Hub Create and Post Journal Entry Duty Role
D) Accounting Hub Create Accounting Duty Role

3. Given the business use case:
'Insurances for Homes' company provides home insurance services. They have an in-house built system that processes insurance payments received from customers. The end result of the process consists of a listing of individual 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, the company need to be able to report and view the entries using advanced reporting and analytical tools for segmenting, viewing and understanding data in the journal entries.
The line information may contain more than one line for the same header.
When uploading transactions, which is a way to differentiate each Journal line?

A) Assign an accounting attribute.
B) Assign a line classification or line type attribute.
C) You do not need to do anything additional.
D) Assign a custom formula.

4. What feature is NOT provided by Fusion Accounting Hub Reporting Cloud Service (FAHRC)?

A) synchronize setup data from Oracle R12 E-Business Suite to FAH Reporting Cloud Service
B) upload transaction data into FAH Reporting Cloud Service
C) provide real-time visibility to financial reports in FAH Reporting Cloud Service
D) transfer Balances to FAH Reporting Cloud Service

5. How do you enable diagnostics on subledger transaction sources?

A) enable diagnostic profile
B) enable transaction debug
C) enable diagnostic attribute
D) enable diagnostic source

Solutions: