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Oracle 1Z0-1060-21 Exam Syllabus Topics:

Oracle Accounting Hub Cloud 2021 Implementation Essentials Sample Questions:

Question 1

What kind of sequence can be assigned to subledger journal entries at the time thatthe journal entries are created in final mode?

A. Document Sequence
B. Reporting Sequence
C. Accounting Sequence
D. Journal Entry Sequence

Question 2

What are all the tabs that areavailable to be completed in the Register Source System spreadsheet?

A. Source System and Line Information
B. Source System
C. Source System and Transaction Information
D. Source System, Transaction Information, and Line Information

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. Accounting class
B. Recognition Journal class
C. Recurring Journal class
D. Multiperiod class

Question 4

You need to build a complex account rule. Which four value typescanyou use in yourdefinition?

A. Constant
B. Value Set
C. Mapping Set
D. Source
E. Existing Account Rule
F. Account Combination

Question 5

A customer has a business requirement to provide additional information about subledger Journals that cannot be found in a predefined report.
How can you meet this requirement?

A. Build a Financial Reporting Studio report that includes all dimensions.
B. Use either Account Monitor or Account Inspector to getrequired Information.
C. Build an OTBI analysis that includes a relevant subject area.
D. Create a Smart View report using the query designer feature.

Solutions: