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Oracle 1Z0-1060-21 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Reporting, Auditing and Diagnostics | 10% | |
| Analyze Accounting, Reporting, Audit and Reconciliation Requirements | 20% | |
| Configure Accounting Rules | 20% | |
| Analyze Transaction Type Life Cycle | 15% | |
| Modeling Considerations | 10% | |
| Upload Transaction Data and Adjust Journal Entries | 10% | |
| Register and Update Source Systems | 15% |
Oracle Accounting Hub Cloud 2021 Implementation Essentials Sample Questions:
1. What is NOT included in the minimum required accountingattribute assignments?
A) Second Distribution Identifier
B) First Distribution Identifier
C) Distribution Type
D) Accounting Date
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 the 3 Loan systems and one subledger for Insurance.
B) One subledger for all 4 source systems.
C) One subledger for Consumer Loan and Auto Loan, and one subledger for HomeLoan and Insurance.
D) One subledger for each source system.
3. You need to build a complex account rule. Which four value typescanyou use in yourdefinition?
A) Account Combination
B) Mapping Set
C) Existing Account Rule
D) Value Set
E) Constant
F) Source
4. Where do you define the currency conversion type to be used in converting accountedamount for reporting currency ledger?
A) Specify Ledger Options
B) Manage Reporting Currencies
C) Manage Subledger Accounting Options
D) Manage Accounting Attribute Assignments
5. What is the required date format used to import accounting transactions to Accounting Hub Cloud?
A) The user can customize the date format
B) DD-MON-YYYY
C) YYYY-MM-DD
D) MM-DD-YYYY
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: A,B | Question # 3 Answer: B,C,E,F | Question # 4 Answer: B | Question # 5 Answer: C |
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