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Oracle 1Z0-1060-20 Exam Syllabus Topics:

Oracle Accounting Hub Cloud 2020 Implementation Essentials Sample Questions:

1. The new billing source system has been registered into Accounting Hub Cloud. The subledger is in active state. At a later date, the business decides to bring in another legacy system (for example, a payment system) for accounting in Accounting Hub.
What two options do you have?

A) Add this as a new transaction type into existing registered subledger from the user interface.
B) Change the transaction data file.
C) Add this as a new transaction typo into existing subledger registration spreadsheet template.
D) Register it as a new source system.

2. What automation option is NOT available when uploading transaction data to Accounting Hub Cloud?

A) Oracle Virtual Web Center Services
B) Oracle UCM Web Services
C) Oracle Web Center Content Client Command line tool
D) ERP Integration Service

3. A financial analyst at your workplace would like to frequently view Journal entries report with all line details attributes with user's specific set of criteria and pivot table.
What is the solution to implement this requirement quickly?

A) Run predefined reports and filter the report with the available report parameters.
B) Build a custom Oracle Transactional Business Intelligence report on subledger accounting subject areas.
C) Request support team to download subledger Journal entry data.
D) Build a new data warehouse solution.

4. While creating a journal entry rule set you are NOT able to use an account rule that was created recently.
Which two reasons can explain this?

A) The account rule is defined with conditions that are not allowing the assignment.
B) The account rule is using sources that have not been assigned to the same event class that is associated to the journal entry rule set.
C) The account rule is defined with a different chart of accounts from the journal entry rule set.
D) The account rule does not return any valid account value.

5. What is the terminology that is used to refer to the number of transactions processed by Create Accounting in one commit cycle?

A) Virtual Machine Processing Size
B) Buffer Unit Size
C) Processing Unit Size
D) Accounting Unit Commit Size

Solutions: