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Oracle 1Z0-1060-21 Exam Syllabus Topics:

Oracle Accounting Hub Cloud 2021 Implementation Essentials Sample Questions:

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

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. You have created a description rule. When you try to select this description rule to be displayed as a header description rule in a journal entry rule set, you are not able to find this rule in the list of values.
What is the possible reason for NOT finding the rule?

A) The source does not return any value; therefore the rule is not displayed.
B) The rule is built using a value set source.
C) The rule is built using a custom source.
D) The rule is built using a line level source.

4. Given the business requirement in the use case:
'New Trucks' runs a fleet of trucks in a rental business In the U.S. The majority 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 sourcecode 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.
What are the key transaction types mentioned in the use case?

A) Initiate Truck Rentals Contract and Pay Truck Maintenance
B) Purchase Trucks and Deploy Trucks
C) Pay Insurance and Control Truck Services
D) Purchase Trucks and Pay Out Trucks

5. What is a user job role data context assignment?

A) Duty role context assignment to a user
B) Security privileges assignment to a user job role
C) Security data role context assignment to auser job role
D) Security data access context assignment to a user job role

Solutions: