Oracle 1Z0-1060-20 exam - in .pdf

1Z0-1060-20 pdf
  • Exam Code: 1Z0-1060-20
  • Exam Name: Oracle Accounting Hub Cloud 2020 Implementation Essentials
  • Q & A: 62 Questions and Answers
  • PDF Price: $59.99
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  • Exam Code: 1Z0-1060-20
  • Exam Name: Oracle Accounting Hub Cloud 2020 Implementation Essentials
  • Q & A: 62 Questions and Answers
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  • Exam Code: 1Z0-1060-20
  • Exam Name: Oracle Accounting Hub Cloud 2020 Implementation Essentials
  • Q & A: 62 Questions and Answers
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Oracle 1Z0-1060-20 Exam Syllabus Topics:

SectionObjectives
Topic 1: Configuration and Setup- Initial setup tasks
  • 1. Ledger and accounting setup considerations
    • 2. Source system configuration
      Topic 2: Reporting and Reconciliation- Financial reporting outputs
      • 1. Journal and subledger reporting
        • 2. Reconciliation processes
          Topic 3: Implementation and Administration- Deployment and maintenance
          • 1. Security and roles setup
            • 2. Troubleshooting and monitoring
              Topic 4: Data Integration and Processing- Transaction processing
              • 1. Accounting entry generation process
                • 2. Importing source transactions
                  Topic 5: Accounting Hub Cloud Overview- Architecture and key components
                  • 1. Integration with Oracle Financials Cloud
                    • 2. Accounting Hub Cloud positioning and use cases
                      Topic 6: Accounting Rules and Mapping- Accounting rule definition
                      • 1. Mapping sets and derivation rules
                        • 2. Rules-based accounting configuration

                          Oracle Accounting Hub Cloud 2020 Implementation Essentials Sample Questions:

                          Question 1

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


                          Question 2

                          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 get required Information.
                          C. Build a Financial Reporting Studio report that includes all dimensions.
                          D. Create a Smart View report using the query designer feature.


                          Question 3

                          What is NOT included in the minimum required accounting attribute assignments?

                          A. Accounting Date
                          B. Distribution Type
                          C. First Distribution Identifier
                          D. Second Distribution Identifier


                          Question 4

                          A new source system has been registered into Accounting Hub Cloud. Users are actively using this new subledqer. Subsequently, the business signed up a contract with a new supplier. A new mapping value that maps suppliers with the accounts needs to be added. You make updates on the mappings in the existing mapping set rule by adding more mapping valued.
                          After saving the update, what is the next required action?

                          A. Activate the journal entry rule set.
                          B. Download a new transaction data template.
                          C. Activate the accounting method.
                          D. There is no required action. The mapping addition is complete.


                          Question 5

                          To support foreign currency transaction in Accounting Hub, which accounting attributes must be assigned a source?

                          A. Conversion type and conversion date
                          B. Conversion type
                          C. Conversion date and conversion rate
                          D. Conversion type, conversion date and conversion rate


                          Solutions:

                          Question 1
                          Answer: B
                          Question 2
                          Answer: A
                          Question 3
                          Answer: D
                          Question 4
                          Answer: D
                          Question 5
                          Answer: C

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