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Oracle 1Z0-1060-21 Exam Syllabus Topics:

Oracle Accounting Hub Cloud 2021 Implementation Essentials Sample Questions:

Question 1

How many transaction eventclasses can be set up for a subledger uploaded to Accounting Hub Cloud?

A. Two
B. Three
C. Unlimited
D. One

Question 2

What is a user job role data context assignment?

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

Question 3

You are implementing Fusion Accounting Hub for your external Accounts Receivables system. The external system sends invoices billed and cash receipts in a flat file, along with the customer classificationinformation.
You want the accounting amounts to be tracked by customers too but you do not want to add a Customer segment to your chart of accounts.
What is the solution?

A. Use the Third Party Control Account feature.
B. Capture customer information as the source and develop a custom report using Online Transactional Business Intelligence (OTBI).
C. Use Supporting References to capture customer classification information.
D. Use the Open Account Balances Listing report that has balances by customer.

Question 4

After supporting references balances setup component is tagged to subledger journal entries, what type of reports need to be created so that the information is available to users?

A. an Oracle Financial Reporting Studio report
B. a predefined Oracle Business Intelligence Publisher report
C. an Oracle Transactional Business Intelligence analysis
D. a Smart View Report

Question 5

Which four options are used to reconcile subledger journal entries?

A. Build a custom OTBIreport.
B. Tag supporting references with journal entry lines.
C. Run the Subledger Accounting Method Setups report.
D. Set up reconciliation using the reconciliation reference accounting attribute.
E. Assign a descriptive text and source on journal lines.
F. Run the Subledger Accounting Diagnostics report.

Solutions: