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Oracle 1Z0-1060-20 Exam Syllabus Topics:

Oracle Accounting Hub Cloud 2020 Implementation Essentials Sample Questions:

Question 1

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 accounting rules to be shared?

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

Question 2

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

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

Question 3

You are explaining to an accountant that account override is an adjustment feature of Subledger Accounting.
Which two traits can help you explain this feature?

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

Question 4

What can you override in a completed subledger journal entry?

A. the account
B. the supporting Information
C. the descriptions
D. the amounts

Question 5

Given the journal:

What is the terminology that is used to identify the "Account Number', 'Original Balance' , and 'Origination Date' fields?

A. User Transaction Identifier
B. Source System Identifier
C. Attribute Identifier
D. System Identifier

Solutions: