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Oracle 1z0-1060-22 Exam Syllabus Topics:

Topic Details
Topic 1
  • Explain Functional Setup Manager Offerings, Functional Area and Features, Manage Setup Data, and Export and Import Setup Data
Topic 2
  • Manage Transaction Information and Line Information Worksheets and Transaction Objects
  • Manage Journal Entry Rule Sets
Topic 3
  • Common Application Configuraitons for Accounting Hub
  • Manage Reporting with Financial Reporting Web Studio
Topic 4
  • Update Registered Source System: accounting attribute assignments, sources, event types
  • Peform Subledger Accounting Diagnostics
Topic 5
  • Transaction data and automation with web service
  • Register Source System and PaaS (ICS) integration

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Oracle Accounting Hub Cloud 2022 Implementation Professional Sample Questions (Q34-Q39):

NEW QUESTION # 34
Which four of the following are the mandatory parameters to search for a subledger journal on the Review Subledger Journals Page?

  • A. Status
  • B. Event Type
  • C. Journal Source
  • D. Transaction Number
  • E. Date
  • F. Ledger

Answer: A,C,E,F
NEW QUESTION # 35
Which three duty roles are required to perform Accounting Hub setup tasks?

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

Answer: A,C,D
NEW QUESTION # 36
Given the business use case:
'New Trucks' runs a fleet of trucks in a rental business In the U.S. Themajority of the trucks are owned; however, in some cases, 'New Truck' may procure other trucks by renting them from third parties to their customers. When trucks are leased, the internal source code is 'L'. When trucks are owned, the internal source code is 'O'. This identifies different accounts used for the Journal entry. Customers sign a contract to initiate the truck rental for a specified duration period. The insurance fee is included in the contract and recognized over the rental period. For maintenance of the trucks, the "New Trucks* company has a subsidiary company 'Fix Trucks' that maintains its own profit and loss entity. To track all revenue, discounts, and maintenance expenses, 'New Trucks' needs to be able to view: total maintenance fee, total outstanding receivables, rental payment discounts, and total accrued and recognized insurance fee income.
How do you pass the calculated value for discount amounts in accounting rules to the corresponding journal line?

  • A. Assign it to an accounting attribute.
  • B. Assign it to an account rule.
  • C. Assign it to an accounting method.
  • D. Assign it to a transaction type.

Answer: A
NEW QUESTION # 37
Based on a unique combination of which two components is a new standard Balance cube automatically created for a primary or secondary ledger?

  • A. Chart of account and calendar.
  • B. Chart of account and currency.
  • C. Chart of account and convention.
  • D. Calendar and currency.

Answer: A
NEW QUESTION # 38
Which statement is true about accounting transformation?

  • A. It is the process of converting transaction or activities from any source systems into journal entries.
  • B. It is the process of converting transaction or activities into journal entries that are recorded only Oracle -owned source system.
  • C. It allows recording of transaction directly in the registration third-party source system.
  • D. It is used to build approval rules for transaction recorded in third party source system.

Answer: A
NEW QUESTION # 39
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