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Oracle 1Z0-1060-21 Exam Syllabus Topics:

Oracle Accounting Hub Cloud 2021 Implementation Essentials Sample Questions:

1. What are the tables or views from which the CreateAccounting process takes source data that is used in accounting rules to create journal entries referred to as?

A) Transaction objects
B) Source objects
C) Event entities
D) Mapping sets

2. Which three duty roles are required to perform Accounting Hub setup tasks?

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

3. What feature is NOT provided by Fusion Accounting Hub Reporting Cloud Service (FAHRC)?

A) upload transaction data into FAH Reporting Cloud Service
B) transfer Balances to FAH Reporting Cloud Service
C) provide real-time visibility to financial reports inFAH Reporting Cloud Service
D) synchronize setup data from Oracle R12 E-Business Suite to FAH Reporting Cloud Service

4. Which three are mandatory transaction source information?

A) Ledger Name
B) Transaction Date
C) Transaction Number
D) Transaction Line
E) Distribution Link

5. A customer has four external systems: Consumer Loan, Auto Loan, Home Loan and Insurance. Functional users are allowed to process and view transactions and accounting for all these systems.
Which two implementations allow similar accountingrules to be shared?

A) One subledger for all 4 source systems.
B) One subledger for Consumer Loan and Auto Loan, and one subledger for HomeLoan and Insurance.
C) One subledger for the 3 Loan systems and one subledger for Insurance.
D) One subledger for each source system.

Solutions: