FREE DOWNLOAD ORACLE CERTIFICATION 1Z0-1060-24 EXAM QUESTIONS AND ANSWERS

Free download Oracle certification 1z0-1060-24 exam questions and answers

Free download Oracle certification 1z0-1060-24 exam questions and answers

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Oracle Accounting Hub Cloud 2024 Implementation Professional Sample Questions (Q26-Q31):

NEW QUESTION # 26
You are trying to explain to an accountant that account override is an adjustment feature of Subledger Accounting.
Which TWO traits can help you further explain this feature?

  • A. It is intended to correct only the subledger journals that have been posted
  • B. It allows users to record a reason for the adjustment
  • C. It adjusts the original source transaction
  • D. It provides an audit trail by preserving the original subledger journal entry

Answer: B,D


NEW QUESTION # 27
Which three duty roles are required to perform Accounting Hub setup tasks?

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

Answer: A,B,C


NEW QUESTION # 28
Your customer wants to enter subledger journals in adjusting periods using the ADFDi spreadsheets.
Which TWO statements are true about entering journals in adjusting periods?

  • A. Defaulted Period cannot be overwritten
  • B. If the accounting date falls in both the non-adjustment and adjustment periods, the value of the accounting period in the Journal Entry page defaults to the non-adjustment period
  • C. Defaulted Period can be overwritten
  • D. If the accounting date falls in both the non-adjustment and adjustment periods, the value of the accounting period in the Journal Entry page defaults to the adjustment period

Answer: B,C


NEW QUESTION # 29
Your customer needs to generate journal entries for the insurance premium collected from the sale of policies. The different components of the premium collected by the company include Basic Premium and Tax.
While uploading the transaction details containing both Basic Premium and Tax amounts, which transaction source would you use to link the transaction header and line information?

  • A. Transaction Type
  • B. Transaction Number
  • C. Document Key
  • D. Document Sequence Number

Answer: B


NEW QUESTION # 30
The cloud client wants to drive an efficient transfer of accounting entries between Subledger Accounting and their General Ledgers. Hence, they are skipping the Post Subledger Journal Entries and Journal Import processes.
Under what three conditions are the improvements to transfer of Subledger Accounting entries to General Ledger enhancement ignored?

  • A. When the Create Accounting process is submitted in Final and Post modes
  • B. When the Multiperiod Accounting process is submitted
  • C. When online accounting is submitted from the transaction pages
  • D. When accounting is transferred outside of Fusion General Ledger

Answer: A,B,C


NEW QUESTION # 31
......

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